San Francisco’s Fillmore Jazz Festival will go on in July as planned, following an 11th hour donation by a wealthy local sponsor.
The San Francisco Chronicle reported that the Fillmore Merchants Association, or FMA said it had been forced to cancel the event because costs had exceeded a half-million dollars.
The nonprofit was founded by cryptocurrency billionaire investor Chris Larsen.
The FMA did not disclose how large a donation Avenue Greenlight made. The festival has been a fixture of San Francisco’s cultural scene since 1986. The FMA claims it is the largest jazz festival on the West Coast, annually drawing more than 50-thousand visitors.