Flux Foundation EIN 27-2261149

Flux Foundation FY2020 filing

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Engages people in large-scale public art for education, empowerment, and collaboration. For fiscal year 2020 it reported $136K in revenue, $123K in expenses, and $35K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Oakland, CA
Website
www.fluxfoundation.org
Filings
6 on file (2020–2020)
Revenue
$136KFY2020
Expenses
$123K
Net assets
$35K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-2261149 Public charity (501(c)(3)) Oakland, CA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Engages people in large-scale public art for education, empowerment, and collaboration.
Leadership
Jessica Hobbs · President
Money in and out
$136K revenue, $123K expenses
Bottom line
94% program efficiency
Where the money goes · FY2020
Total revenue
$136K
Pt VIII · Ln 12
Total expenses
$123K
Pt IX · Ln 25
Net assets
$35K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $13K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs
Operating runway
3.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+10%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$136K
FY2020
Expenses
$123K
FY2020
Total assets
$37K
FY2020
Total liabilities
$2K
FY2020
Total revenue
$136K
Pt VIII · Ln 12
Total expenses
$123K
Pt IX · Ln 25
Net assets
$35K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$13K
Total assetsPt X · Ln 16$37K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $116K of program spending, described in the organization's own filed words · FY2020.
01

In 2020, FLUX supported the development of large-scale artworks through the use of our workshop infrastructure and the skillset of our team. We began installation of a major artwork, Dreamland, in a public sculpture garden on the grounds of the Paradise Ridge Winery.

$116Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFlux Foundation
EINHdr · item D27-2261149
Principal addressHdr · item COakland, CA
WebsiteHdr · item Jwww.fluxfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFMar 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Flux Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$136K
Total revenueLn 12$136K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$116K
Management & general6%$7K
Total functional expensesLn 25$123K

Balance Sheet

Part X · end of year
CashLn 1$37K
Total assetsLn 16$37K
Total liabilitiesLn 26$2K
Total net assetsLn 32$35K
Months of cash on handcomputed3.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $37K · Operating expenses/yr $123K
3.6 months
Where the money goes
Program services
Program services $116K · Total expenses $123K
94%
Management & General
Management & general $7K · Total expenses $123K
6%
Fundraising
Fundraising $0 · Total expenses $123K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $136K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $136K · Total revenue $136K
100%
Government reliance
Government grants — · Total revenue $136K
Earned-income share
Program service revenue $0 · Total revenue $136K
0%
Investment reliance
Investment income $0 · Total revenue $136K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $123K
0%
Growth & trend
Revenue growth (YoY)
This year $136K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $35K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $136K · Expenses $123K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $37K
Net-asset ratio
Net assets $35K · Total assets $37K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $37K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jessica Hobbs · Reported title President · Highest reported compensation $0 · Total expenses $123K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $123K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$5K
Grants paid · 17 grants · $1.1M · 2020–2025
Unitemized GrantFY2025$69,750
Cosmic CarouselFY2025$9,300
Unitemized GrantFY2024$9,300
Synthesis LLCFY2023$152,700
House of Fabl LLCFY2023$54,236
Arts EnablerFY2022$190,000
Big Picture Builders LLCFY2022$150,618
Synthesis LLCFY2022$68,104
The Good WasabiFY2022$55,538
Supermegaultra LLCFY2022$47,207
Shing KongFY2022$6,375
Supermegaultra LLCFY2021$93,623
Shing KongFY2021$66,385
The Good WasabiFY2021$40,572
Five Ton Crane LLCFY2021$30,000
Supermegaultra LLCFY2020$86,030
The Good WasabiFY2020$19,530

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$85K revenue · ⤓ 990 PDF
FY2024$10K revenue · ⤓ 990 PDF
FY2023$171K revenue · ⤓ 990 PDF
FY2022$615K revenue · ⤓ 990 PDF
FY2021$229K revenue · ⤓ 990 PDF
FY2020$136K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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