Tipster Tells Gawker Gen Art "Deserves to Die"
|According to a Gawker tipster, the winner of this year's Gen Art Film Festival hasn't been paid yet.|
But according to a Gawker tipster, the recession isn't the only reason the organization is in trouble; plenty of mismanagement from its executives is also to blame. The tipster calls the organization a "tax fraud," and despite the nonprofit's mission of supporting emerging artists, some winners haven't yet to be paid.
But the biggest accusation is reserved for co-founder Stefan Gerard. The tipster tells Gawker: "Gen Art ran out of money long before the economic crisis. The return of Stefan Gerard, brother of CEO Ian and cofounder, plunged the company into mismanagement in 2007 and vendors stopped being paid in early 2008."
Riptide emailed Gen Art for comment and is awaiting a response.