Overview
What is Flax?
Flax, based in Los Angeles, California, is a nonprofit organization that fosters collaborative art projects between French and Southern California artists. Their mission is to strengthen Franco-American relationships and promote mutual understanding in the region by sponsoring and promoting cultural exchanges. Through their initiatives, they organize free events for the public, bringing together artists, critics, curators, and institutions from both countries. Their approach is mobile, cooperative, and interdisciplinary, aiming to benefit the wider Los Angeles community. The organization, led by a single employee, strives to create innovative dialogues and promote cultural exchange through large-scale art projects.
Official website here: www.flaxfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Flax has received a rating of 83%, resulting in a Three-Star designation from Charity Navigator, reflecting a strong performance in accountability and finance. The rating is based solely on these criteria, emphasizing the organization's commitment to financial transparency and responsible governance. The fiscal year considered for this rating is FY2020.
The organization demonstrates robust governance practices, with a fully independent board and no material diversion of assets. It has achieved perfect scores in several areas, including board independence and program expense ratio, indicating that a substantial portion of its funds is directed towards its programs rather than administrative costs. However, certain policies, specifically related to whistleblower protections and document retention, are currently missing, which could be areas for improvement.
Overall, Flax appears to have a solid financial foundation and effective oversight, although addressing the noted policy gaps would enhance its governance framework. The charity's strong program expense ratio suggests that it is effectively utilizing resources to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Flax legitimate?
Flax is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flax submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $11,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.flaxfoundation.org
What is the mission statement of Flax?
The mission of Flax is to foster Franco-American relationships and understanding, primarily in Southern California and potentially the American Southwest. They achieve this by sponsoring and promoting educational events in the fields of culture, science, and linguistic studies, as well as encouraging cultural exchanges between France and the United States. Flax also initiates large-scale art projects in collaboration with French and Southern California organizations, aiming to create innovative dialogues between artists, critics, curators, and institutions from both countries. These events are free for the public, benefiting the larger Los Angeles community.
Official website here: www.flaxfoundation.org
What is the revenue of Flax?
Flax's revenue in 2020 was $42,154.
Official website here: www.flaxfoundation.org
Who are the executives of Flax and what are their salaries?
The average compensation at Flax during 2020 was $11,000. There is 1 employee at Flax.
Here are 4 key members and their salaries:
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.flaxfoundation.org
Where can I find the form 990 for Flax?
Flax's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.flaxfoundation.org
Learn more at the official website: www.flaxfoundation.org
Mission Statement of Flax
Flax, a nonprofit organization, is dedicated to fostering Franco-American relationships and understanding in Southern California and potentially the American Southwest. They achieve this by sponsoring and promoting educational events in the fields of culture, science, and linguistic studies. Additionally, Flax encourages cultural exchanges between America and France through collaborative art projects with French and Southern California artists, critics, curators, and institutions. These initiatives aim to create innovative dialogues between French and Los Angeles-based artists, benefiting the broader Los Angeles community. Admission to all these events is free for the public.
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Impact
October, 2024
Flax significantly enhances Franco-American relationships and understanding in Southern California through a variety of large-scale art initiatives. By sponsoring and promoting cultural exchanges between the United States and France, Flax facilitates innovative dialogues among artists, critics, and curators from both regions. These collaborations create an enriching platform for interdisciplinary engagement, allowing for a vibrant exchange of ideas and cultural practices.
The organization focuses on Los Angeles as a dynamic hub for artistic interaction, benefiting the local community by ensuring that all events are free and accessible to the public. Through educational events in culture, science, and linguistic studies, Flax promotes awareness and appreciation of both French and American heritages. This multifaceted approach not only fosters cultural understanding but also cultivates a rich dialogue that bridges communities across the Atlantic, thereby leaving a lasting impact on the local and broader cultural landscape.
This information is meant to be a general summary of Flax. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $4
- Gross Receipts: $42,154
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2006
Principal Officer
Mark S Tinglof
Website
www.flaxfoundation.orgNTEE Category
Code: A23 - Arts
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