{"id":372686,"date":"2026-06-24T06:55:14","date_gmt":"2026-06-24T06:55:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/372686\/"},"modified":"2026-06-24T06:55:14","modified_gmt":"2026-06-24T06:55:14","slug":"long-beach-pride-faces-debt-crisis-potential-building-sale-after-festival-collapse-long-beach-post-news-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/372686\/","title":{"rendered":"Long Beach Pride faces debt crisis, potential building sale after festival collapse \u2022 Long Beach Post News"},"content":{"rendered":"<p>More than a month after the <a href=\"https:\/\/lbpost.com\/news\/long-beach-pride-canceled-parade-festival\/\" rel=\"nofollow noopener\" target=\"_blank\">abrupt cancellation<\/a> of this year\u2019s Long Beach Pride Festival, the nonprofit behind the enduring celebration remains in a financial bind. It has so far been unable to repay its vendors, ticketholders and sponsors as it awaits a decision on whether its insurer will cover its losses.<\/p>\n<p>That decision, according to Long Beach Pride president Tonya Martin, will factor heavily into whether they take more drastic action to cover the debt, such as selling or leasing out their headquarters.<\/p>\n<p>\u201cWe do want to keep the building,\u201d Martin said. \u201cBut if we have to sell it, we have to sell it, because right now all we can think about is how we\u2019re going to pay back all the vendors and the rest of the ticketholders.\u201d<\/p>\n<p>According to the organization\u2019s treasurer, Wayne Manous, Long Beach Pride filed a claim with its carrier, the Nonprofits Insurance Alliance of California, a few days after the festival was canceled on May 15. They expect a determination in the next week, Martin said.<\/p>\n<p>\u201cOnce we receive the determination and award, we can begin refunding payments to our festival vendors which encompasses Information Booths, Seller Booths, Food Booths, Food Trucks, and others awaiting a refund,\u201d Manous wrote in a June 10 email to vendors seeking refunds.<\/p>\n<p>In an emailed statement Tuesday, the organization declined to offer the total amount it owes or elaborate more on its insurance claim, saying it will wait until \u201cthose processes are fully resolved.\u201d<\/p>\n<p>The festival was canceled last month after the city of Long Beach issued a cease-and-desist letter less than an hour before its opening event, saying Pride lacked the necessary permits to start.<\/p>\n<p>Many vendors and ticketholders \u2014 some who flew in or drove from other parts of the country \u2014 say they were in transit or had already arrived at the festival grounds when they were given notice of the cancellation, either from the city or from friends on social media.<\/p>\n<p>Erica Loring, who owns Shecanter, an online retailer of feminist and queer products, said she was driving up from San Diego the morning of the event when a friend texted her the news.<\/p>\n<p>\u201cI was very confused,\u201d Loring said. \u201cI had to try and figure out what the heck that meant, what it means for vendors, if we\u2019ve gotten any emails to notify us. \u2018Do we still go up there?\u2019\u201d<\/p>\n<p>Kaitlyn Nguyen with Heritage 1857, a Vietnamese-style coffee brand, said she received notice not from Pride but from the city\u2019s Health Department, telling her she no longer had permission to sell her goods there.<\/p>\n<p>By that point, she said, her festival crew had already driven into town from Texas and set up a tent and driven an hour outside of town. When she tried to call Long Beach Pride\u2019s general line to get more information, it was disconnected.<\/p>\n<p>Nguyen said she spent around $2,500 on gas, fees, product, permitting and everything else she needed to participate. Now she\u2019s uncertain how much, if any, she will recover. \u201cWith the communication that it is at right now, it\u2019s just hard to tell, but I do hope that we get that amount back,\u201d she said.<\/p>\n<p>In the days following the festival\u2019s cancellation, the city and Pride traded blame, offering dueling timelines over what caused it. Long Beach Pride <a href=\"https:\/\/longbeachpride.com\/long-beach-pride-provides-detailed-chronology-events-leading-to-the-2026-festival-fundraiser-cancellation-and-rejects-logistics-of-late-night-venue-offer\/?fbclid=IwY2xjawR4hqxleHRuA2FlbQIxMABicmlkETFVU0xrVENRYXFYWUpOOG51c3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHgXuoqkDCu_CmWKwbVJaBF3GpbDVoBAtNIyFrrluuAGND2JH68IVHAuNxOSa_aem_jLcXh4505Ku4aWaCuQbVRQ\" rel=\"nofollow noopener\" target=\"_blank\">argued<\/a> it submitted documents and worked with the city in good faith through the final hours and was taken off guard by the city\u2019s order to clear out.<\/p>\n<p>Martin said she was stunned when officers delivered the cease-and-desist to the festival grounds. \u201cYou have two days to get everything off the site, or you\u2019ll be arrested,\u201d she recalled being told. \u201cI was in shock, just floored. I was just weak at the knees.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"672\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/06\/26jun23-stuff-6056-952970-r4qrwro7-055198-oSuVImxv-1024x672.jpg\" alt=\"\" class=\"wp-image-184772\"  \/>Tonya Martin, with an original Pride founder, Bob Crow, talks about Long Beach Pride in Long Beach, Monday, June 26, 2023. Photo by Thomas R. Cordova.<\/p>\n<p>The city <a href=\"https:\/\/www.longbeach.gov\/globalassets\/city-manager\/media-library\/documents\/memos-to-the-mayor-tabbed-file-list-folders\/2026\/may-21--2026---pride-festival-timeline\" rel=\"nofollow noopener\" target=\"_blank\">fired back in a 23-page memo,<\/a> saying the nonprofit repeatedly failed to provide permitting materials and structural plans for stages, electrical systems and security. As the situation worsened, city officials offered to move guests into the Terrace Theater and open Bixby Park for a smaller event on Sunday, without alcohol sales or fenced festival grounds.<\/p>\n<p>Pride declined both options, later saying the theater was too costly \u2014 more than $100,000, they said \u2014 while Bixby Park did not allow enough time to satisfy performers\u2019 contractual requirements.<\/p>\n<p>City spokesperson Laath Martin said Tuesday that Long Beach\u2019s business licensing team has been offering refunds to vendors for city fees. But in the month since the event, vendors say they\u2019ve heard little to no word from Pride itself on when or if they will be repaid for other expenses and fees.<\/p>\n<p>Even before this year\u2019s shock cancellation, the festival, established in 1983, had been struggling.<\/p>\n<p>According to <a href=\"https:\/\/apps.irs.gov\/app\/eos\/details\/\" rel=\"nofollow noopener\" target=\"_blank\">tax filings<\/a>, Pride lost more than $1.8 million between 2022 and 2024 \u2014 $819,066 in 2022, $716,729 in 2023 and $306,000 in <a href=\"https:\/\/apps.irs.gov\/pub\/epostcard\/cor\/330040651_202412_990_2026021923932843.pdf\" rel=\"nofollow noopener\" target=\"_blank\">2024<\/a>. The organization has not turned a profit since 2019.<\/p>\n<p>When Martin took over as president in 2023, she said she unknowingly inherited an organization already carrying $2.6 million in outstanding debt. A year after Martin took the helm, the nonprofit relinquished control of its long-running Pride parade. The city <a href=\"https:\/\/lbpost.com\/news\/city-plans-to-fund-long-beach-pride-parade-after-organizers-ask-for-help\/\" rel=\"nofollow noopener\" target=\"_blank\">took over planning and funding<\/a> for the signature event while Pride attempted to keep running the corresponding festival.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"523\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/06\/19may24-pride-8-793357-w46ttq88-995390-QeKU3FPF-1024x523.jpg\" alt=\"\" class=\"wp-image-163676\"  \/>The crowds gather along Ocean Boulevard for the 41st Annual Long Beach Pride Parade in Long Beach, Sunday, May 19, 2024. Photo by Thomas R. Cordova.<\/p>\n<p>The festival\u2019s budget this year was $500,000, and Pride had raised less than $100,000 of it by the time the event was canceled, with only 331 tickets sold as of late April, according to <a href=\"https:\/\/qvoicenews.com\/2026\/05\/13\/long-beach-pride-struggles-to-raise-money-for-festival\/\" rel=\"nofollow noopener\" target=\"_blank\">Q Voice News<\/a>. Pride declined to confirm the number of tickets sold or provide any detailed financial information to the Long Beach Post.<\/p>\n<p>Corporate sponsorships, once a reliable source of major revenue, had largely evaporated, Martin said, naming Walmart and Coca-Cola as examples of large companies that have quietly pulled back as the Trump administration has coerced firms to forgo LGBTQ+ and diversity initiatives.<\/p>\n<p>\u201cThey don\u2019t want to upset the president,\u201d Martin said. \u201cNobody will come out and say it, which I wish they would.\u201d<\/p>\n<p>Normally, Martin said, Pride hires an outside operator to put on the festival, which can run upwards of $400,000. But under financial pressure, she and the board voted to avoid the expense and handle the festival setup themselves. As Martin has repeatedly emphasized since the cancellation, they are all part-time volunteers.<\/p>\n<p>This year\u2019s event was shaping up to be small, according to Loring; only 13 retail or merchandise vendors were listed to participate. \u201cSmaller than a tiny farmer\u2019s market,\u201d Loring said. Another 10 or so food vendors were signed up, Nguyen said, about half of what she\u2019d expect at a festival this size.<\/p>\n<p>\u201cI was like, OK, was the application process a deterrent, or have bridges already been burned, and these businesses have learned not to come to Long Beach due to prior experience?\u201d Nguyen said.<\/p>\n<p>In a <a href=\"https:\/\/img.lbpost.com\/wp-content\/uploads\/sites\/2\/2026\/06\/23164726\/letter-to-the-communtiy-475539-v33wwpyh-735245-joOLLr1y.pdf\" rel=\"nofollow noopener\" target=\"_blank\">letter over the weekend<\/a>, Pride said it wants to bring the festival back in 2027 under new leadership, with lessons learned and, it hopes, a more stable financial footing.<\/p>\n<p>The board also said that Martin would step down from the presidency in August, a transition the organization said had been planned before the cancellation. Martin confirmed her exit on Monday, saying she will step away from the role and intends to help whoever succeeds her get up to speed. She said she also plans to hold a debrief with Mayor Rex Richardson to discuss what went wrong.<\/p>\n<p>The organization is also working with the city to hold a free Teen Pride event in September.<\/p>\n<p>\u201cI don\u2019t think Pride will ever go away, no matter what they do, even if we change the whole scope of the event itself,\u201d Martin said. \u201cIt will never go away. It\u2019ll always be there.\u201d<\/p>\n<p>But Loring, who made her vendor debut in Long Beach, said she would not return if the event is run by the same people.<\/p>\n<p>She was shocked when Pride asked in a June 10 email if vendors and ticketholders would consider donating back a portion of their refunds to the organization. \u201cThe audacity for that was on another level,\u201d Loring said.<\/p>\n<p>\u201cIt seems as though the entire Pride organization needs an overhaul,\u201d she said. \u201cIt needs a fresh set of eyes, a fresh set of experience in order for the community to move forward faithfully.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"More than a month after the abrupt cancellation of this year\u2019s Long Beach Pride Festival, the nonprofit behind&hellip;\n","protected":false},"author":2,"featured_media":372248,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[131,133,132],"class_list":["post-372686","post","type-post","status-publish","format-standard","has-post-thumbnail","category-long-beach","tag-long-beach","tag-long-beach-headlines","tag-long-beach-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/372686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=372686"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/372686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/372248"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=372686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=372686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=372686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}