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F I S C A L I M P A C T R E P O R T
SPONSOR Wirth
ORIGINAL DATE
LAST UPDATED
3/1/07
HM 55
SHORT TITLE “Making a World of Difference Day"
SB
ANALYST Hanika Ortiz
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
NFI
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
SUMMARY
Synopsis of Bill
House Memorial 55 declares March 2, 3007 as “MAKING A WORLD OF DIFFERENCE
DAY" at the House of Representatives in honor of the Santa Fe Internal Folk Art Market.
The memorial provides for the following:
•
The Santa Fe international folk art market in partnership with the museum of interna-
tional folk art and the museum of New Mexico foundation host an annual festive, two-
day venue for artists from around the world to create and sell high-quality artwork.
•
The purpose of the market is to foster economic and cultural sustainability for folk artists
and folk art worldwide and to create intercultural exchange opportunities uniting the peo-
ples of the world.
•
Many of the artists are from developing countries where they are confronting daunting
political, social and environmental situations.
•
Other artists are reviving and revitalizing traditional art forms.
•
The Santa Fe international folk art market is the largest international folk art market in
the United States with one hundred select folk artists traveling to Santa Fe each summer
from forty countries.
•
A small but dedicated staff works year-round with over seven hundred volunteers to
make the market a success.
•
Fourteen thousand to eighteen thousand attendees are expected in July 2007.
pg_0002
House Memorial – Page
2
•
In 2006, thirty-six percent of visitors to the market were from out-of-state, generating
five hundred thirty thousand dollars ($530,000) in occupancy tax and gross receipts tax
from one million three hundred thousand dollars ($1,300,000) in artists' sales paid to the
state.
•
In 2005 the market's success led to Santa Fe's designation as a United Nations educa-
tional, scientific and cultural organization creative city in the areas of folk art and design,
the first United States city named to the prestigious creative cities network and one of
only six such cities around the world.
The memorial resolves that the House of Representatives recognize the founders, staff and vol-
unteers and all those involved in creating and sustaining the Santa Fe International Folk Art
Market for their accomplishments, and that they be acknowledged for their combined efforts that
are helping to make a difference in the world.
FISCAL IMPLICATIONS
In 2006, artists' sales totaled over $1.3 million. The Market does not take a commission on art-
ists' sales. Those dollars go directly to the artists and provide immediate benefit to the home
communities where the artists live. In many cases, artists and artists' cooperatives are able to
purchase needed supplies, provide humanitarian aid in the form of healthcare and nutrition, con-
tribute to building materials to house artists, provide for a more adequate work environment, and
more.
SIGNIFICANT ISSUES
The Santa Fe International Folk Art Market was begun in 2004 by a group of volunteers who
banded together to form the Market Committee. They had a vision to bring a handful of living
masters of folk art to Santa Fe to share with a small audience of collectors and community mem-
bers. The first Market wildly exceeded their expectations, with more than 60 folk artists selling
to an audience of over 12,000 people. The Market grew in 2005, its second year - artist revenues
increased by 46% and the audience went from 12,000 to over 15,000. In 2006, there were 100
folk artists and the Market again drew a solid crowd of close to 15,000. Over two days, artists'
revenues totaled over $1.3 million.
PERFORMANCE IMPLICATIONS
The Santa Fe International Folk Art Market is presented by The Market Committee, the New
Mexico Department of Cultural Affairs, the Museum of International Folk Art, and the Museum
of New Mexico Foundation.
WHAT WILL BE THE CONSEQUENCES OF NOT ENACTING THIS BILL
March 2, 2007 will not be set aside in recognition of the founders, staff and volunteers and others
involved in creating and sustaining the Santa Fe International Folk Art.
AHO/mt