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Luzern commune (Luzern canton, Switzerland)

Banner of arms
Maskenliebhaber Guild

See also:

Luzern

image by Pascal Gross

Per fess Argent and Azure.
Željko Heimer, 27 June 2000

Maskenliebhaber Guild

image by Antonio Martins-Tuvalkin, 6 November 2016
based on image submitted by Dominique Cureau, 14 July 2009

I saw this flag in Lucerne (Luzern). It represents the head of a man with a cap to 3 balls in yellow on a red background.
Dominique Cureau, 14 July 2009

This is the flag of a Lucerne carnival (mardi gras) guild: The "Maskenliebhaber" guild, formed in 1819 to further friendship and liberal ideas and to support Lucerne carnival and the wearing of masks. You may want to check the Luzerner Fasnacht website for more information (Swiss).
Philippe Macherel, 27 December 2009

This leads us to http://web.mlg.ch, the website of the Maskenliebhaber-Gesellschaft der Stadt Luzern ("Society of lovers of masks of the city of Lucerne", but the German has more of a ring to it). This basically tells us that they are a carnival guild from 1819, and thus that they are 200 years old this year [2019]. (It tells us more, but this is a carnival guild; hence: Caveat Lector.)
Here you see the flags flying from the guild's building (source) and here you see the banner (source).
Note that the banner, being a banner, has the name on it. Obviously, the flag that served as our source, being a flag, would not have that. Other guilds definitely also have banners.
The festive ferret might find the links on this page listing the Guilds and Clubs of Lucerne interesting: Zünfte &: Vereine Stadt Luzern.
Peter Hans van den Muijzenberg , 22 April 2019