International Federation of Interior Architects/designers Inc

What it reported doing in 2023

World interiors day (wid) world interiors day (wid) is an annual worldwide event that celebrates interior architecture/design and its releveance in people's daily lives. Commemorated on the last weekend of may but observed throughout the whole month, the event actively engages professionals, national associations, design enthusiasts and the general public to explore creativitiy, imagination, vision and passion in relation to the role of interiors in society, culture and our future built enviornments. Interiors are essential to humanity, for they have an impact on all of our daily activities. Whether it is where we rest, think, work, play or create, the spaces that surround us are important to us, for through them we experience a sense of place, of who we are and what we can be. Because of this everyone should join us in the celebration of wid individuals may work together with local and/or national organizations to link small scale activities together to form events at a larger level throughout the city, state or country. Each wid edition focuses on a specific theme chosen each year by ifi membership to reflect the values of the interiors community. Ifi's world interiors for the next generation (wing) ifi's world interiors for the next generation (wing) is a worldwide competition designed to engage emerging interior architecture/design talent. Wing aims to inspire, cultivate and support the next generations of designers for their work as creative, renowned and well-respected professionals. First initiated in 1999 as a 3-day intensive workshop, wing has since envolved into an international competition that promotes the exchange of ideas and inspires creativity amongst young interiors students and professionals. Entrants are encouraged, but not required, to work collaboratively with profesional mentors, educators and local artists/carftsmen throughout the design development process. By initiating an in-depth exploration of global design practice and its compenorary relevance, wing encourages an unleashing of the imagination and inspires young designers to embrace the unlimted possibilities of design innovation. Young interior architects/designers and place-makers are called upon to submit solutions that build upon the criteria for a unified design profession as established by the ifi interiors declaration. Design submissions are evaluated and selected by an international leadership jury of interiors professionals. Winners are selected based on their unique contribution and capacity to incorporate the value, relevance, responsibility, culture, business, knowledge and identity of interior design practice for a global audience. The prize includes an all-expenses-paid travel and accomodations to attend the next and upcoming biennial ifi congress and ifi general assembly (ga), where winners are ceremoniously awarded and required to make a short presentation to delegates of the ifi ga. Taking place in a different world region/nation every two years, wing winners are invited to participate in this important world design interiors summit. As part of this prize, ifi offers wing winners the opportunity to participate in stimulating programs and exciting social events with world-class inovators and creative professionas. Interiors declaration adoptions (ida) the ifi interiors declaration (ifi ida) is a consensus-based vision/mission statement of the purpose and value of interior architecture/design, asserting that by design, interiors optimally support humanity in all of its functions and activities. This declaration forms a unanimous agreement that establishes the essential foundations for the interiors discipline and its advancement worldwide. The ideas contained in the declaration provide clear goals for interiors professionals and affect the fundamental understanding and shaping of our practice, its education and research, and the outcomes required of our built environment in support of humanity, society and culture. The ifi interiors

Financial Efficiency

• Mission deployment rate: 91.5%; rating input score 91
• Program expense ratio: 77.4%; rating input score 77
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 81.8%; rating input score 82; 22nd percentile among comparable filings
• Governance controls: 2 of 8 controls in place; rating input score 25
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -18.2%; rating input score 16; 16th percentile among comparable filings
• Total-asset coverage ratio: 0.13; rating input score 8; 8th percentile among comparable filings
• Liabilities to assets ratio: 13.96; rating input score 0; 0th percentile among comparable filings
• Officer compensation ratio: 7.8%; rating input score 31; 31st percentile among comparable filings

Growth

• Program expense growth: 28.9% per year; rating input score 100; 89th percentile among comparable filings
• Revenue growth: -26.5% per year; rating input score 0; 2nd percentile among comparable filings
• Asset growth: -27.5% per year; rating input score 0; 2nd percentile among comparable filings