Is it real?
Yes. Exemption reinstated (2013-10-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Jan 2015.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
64 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
6 people listed on the 990; $81K paid to officers and key staff.
Beth Lin’s $120K as Chief Executive Ofiicer is at the 89th percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Beth Lin | $120,000 | — | — | — | — | — |
| Susan Walker | — | $81,026 | $75,000 | — | — | — |
| Hannah Blatt | — | — | — | $55,000 | $42,308 | $33,675 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Empowers women artisans with skills and tools to build successful businesses and escape poverty.
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The Ibu Movement Marketplace is a key pillar of our mission to support global women artisans. By providing a marketplace for their handmade goods, Ibu provides a stable source of funds and allows our artisan partners to plan their budgets and hiring capacities.
Capacity Building Grant to Kandahar Treasure
In 2023, Ibu Foundation continued its activities with Kandahar Treasure from the $378,662 grant received from the U.S. Department of State, covering the period from October 2022 to March 2024.
Colombiana Event
Celebrating the rich heritage and diverse culture of Colombia, Ibu brought 11 artisan leaders to Charleston, SC, from various regions to share their crafts and the incredible impact their work is making on the indigenous communities, particularly women.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $413K | $286K |
| Land, buildings, equipmentLn 10c | $616 | $0 |
| Total assetsLn 16 | $414K | $286K |
| LiabilitiesLn 26 | $616K | $74K |
| Net assetsLn 32 | −$202K | $212K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants and assistance to foreign recipientsLn 3 | $224K | $224K | ||
| Pay of current officers, directors and key staffLn 5 | $81K | $33K | $7K | $41K |
| Other salaries and wagesLn 7 | $105K | $42K | $10K | $53K |
| Other employee benefitsLn 9 | $1K | $437 | $105 | $557 |
| Payroll taxesLn 10 | $91K | $37K | $8K | $46K |
| Legal feesLn 11b | $6K | $3K | $3K | |
| Accounting feesLn 11c | $7K | $6K | $1K | |
| Other fees for servicesLn 11g | $1K | $552 | $133 | $704 |
| Advertising and promotionLn 12 | $25K | $20K | $6K | |
| Office expensesLn 13 | $10K | $658 | $9K | |
| Information technologyLn 14 | $9K | $2K | $7K | |
| OccupancyLn 16 | $37K | $11K | $15K | $11K |
| TravelLn 17 | $35K | $31K | $3K | |
| InsuranceLn 23 | $4K | $1K | $2K | $533 |
| Other expenses (24a–d)Ln 24 | $30K | $24K | $6K | |
| All other expensesLn 24e | $1K | $0 | $127 | $1K |
| Total functional expensesLn 25 | $667K | $427K | $63K | $177K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $913K | $1.0M | −$99K | $143K | 990 PDF |
| FY2023 | $1.0M | $775K | $249K | −$202K | 990 PDF |
| FY2022 | $341K | $275K | $67K | $164K | 990 PDF |
| FY2021 | $123K | $202K | −$79K | $109K | 990 PDF |
| FY2020 | $245K | $140K | $105K | $188K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $611,637 across 8 lines filed
Part IX · Statement of functional expenses $666,876 across 16 lines filed
Part X · Balance sheet $285,957 assets, 10 lines filed
Part XI · Reconciliation of net assets $212,407 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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