As reported in several of our previous stories, the Sunset Junction Street Fair was canceled in August of last year. Now, the organization is filing for bankruptcy with overdue fees totaling $928,423.04. This claim is now affecting the bands that were meant to perform, the music festival’s executive director, and has the IRS involved.
The festival’s current circumstances are due to its inability to receive city permits from the Board of Public Works for the event to take place. Apparently, 2010 proved to have been the worst financial year for the festival prior to 2011. The festival planners had then owed $267,000 in fees. Court papers have now been released showing detailed information about the bankruptcy filing.
Scheduled bands would have included Lil Jon, Hanson, Ozomatli, Bobby Womack and Clap Your Hands and Say Yeah. The festival had begun in 1980 as a way to invite gay and Latino communities to come together. The festival had a charity fund called the Sunset Junction Youth Program that supposedly saw little to no action due to the lack of proper funding for the event itself.