Flax
- Assets
- $0.0
- Revenue
- $42.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Los Angeles, CA
- Founding
- 10/2006
- Data as of
- 12/2020
- EIN
- 20-5261978
Organization Overview
Flax is located in Los Angeles, CA. The organization was established in 2006. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. Flax is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Flax generated $42.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (31.9%) each year. All expenses for the organization totaled $64.4k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND DEVELOP FRANCO-AMERICAN RELATIONSHIPS AND UNDERSTANDING IN SOUTHERN CALIFORNIA BY SPONSORING AND PROMOTING CULTURAL EXCHANGES BETWEEN AMERICA AND FRANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLAX PROJECTS ARE LARGE-SCALE ART PROJECTS INITIATED, CREATED AND PRODUCED IN COLLABORATION WITH FRENCH AND SOUTHERN CALIFORNIA PARTNER OGANIZATIONS TO CREATE INNOVATIVE DIALOGUES BETWEEN FRENCH AND LOS ANGELES-BASED ARTISTS FROM ALL DISCIPLINES, AS WELL AS CRITICS, CURATORS AND INSTITUTIONS FROM BOTH COUNTRIES THROUGH A MOBILE, COOPERATIVE AND INTERDISCIPLINARY APPROACH TO BENEFIT THE GREATER LOS ANGELES COMMUNITY. ADMISSION TO ALL EVENTS IS FREE TO THE PUBLIC.
"LOS ANGELES OPERA" SEE SCHEDULE O FOR DESCRIPT.
FAHRENHEIT RESIDENCIES ARE OFFERED TO ARTISTS, CURATORS AND WRITERS LASTING BETWEEN ONE AND THREE MONTHS IN LENGTH. RESIDENTS ARE ASKED TO DEVELOP A UNIQUE PROJECT DURING THEIR STAY. THEY ARE PROVIDED WITH HOUSING, WORKSPACE AND FUNDING FOR THEIR RESEARCH AND PRODUCTION LEADING TO AN EXHIBITION, FORUM OR PUBLICATION RELATING TO THEIR WORK DEVELOPED DURING THEIR RESIDENCE. ALL RESIDENCIES INCLUDE A PUBLIC OUTREACH COMPONENT WITH THE RESIDENT CREATING LECTURES, EVENTS OR PRESENTATIONS WITH A FOCUS ON UNDERSERVED LOS ANGELES COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark S Tinglof Treasurer | OfficerTrustee | 2 | $6,000 |
Elisabeth Forney Executive Director | Officer | 10 | $5,000 |
Lionel Sauvage President | OfficerTrustee | 1 | $0 |
Gerald Du Manoir Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,150 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $42,154 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $44,582 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $11,000 |
| Compensation of current officers, directors, key employees. | $10,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,663 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,389 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,742 |
| All other expenses | $0 |
| Total functional expenses | $64,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |