Fright Club (2006)

Three Friends, Dante, Omar, and Kassandra go to a gallery in hopes of joining a 'Fright Club'. Vashista, a mysterious woman, tells them of the club's founder, Gothic Artist Sebastian Crowe, and in order to join they must tell scary stories. In a dark basement they appear before The Elder and tell their stories. They are, 'Little Red Riding in the Hood' (about a Latino werewolf), 'The Boy Who Cried Vamp' (Black Vampires), and 'Spare Parts' (Asian Frankenstein). Who is the Elder and will the Friends get out of Fright Club alive?