PayPal freezes assets of Burning Man artists, builders

The SF Bay Guardian reports that "PayPal has frozen the account of the Flux Foundation – a large crew of Bay Area artists and burners headed to the Black Rock Desert this week to build the most ambitious Temple in Burning Man's 25-year history." At issue: tens of thousands of dollars from summer fundraising drives held to supplement a Black Rock City LLC art grant that "didn't come close to meeting the project's $180,000 budget." PayPal won't release the dough 'til the IRS finalizes or confirms the group's nonprofit status. [ submitterated by techbuzz ] // Update: funds released.