Clearwater Festival cancelled in 2016 due to financial trouble

Croton, New York's annual Clearwater Festival will not be returning this year. The Clearwater environmental organization, which was founded by the late Pete Seeger and puts on the festival, is in financial trouble, and though revenue from the festival would help them, they're saying it will be too expensive to put together right now.

Announcement from the website:

We are saddened to announce that Clearwater will not be holding its Great Hudson River Revival this year. As you may have heard, the sloop is undergoing its largest restoration ever. It is a restoration that costs $5,000 a day and will run until at least June 2016. We must take this time to focus our effort on making sure the boat can sail again this year. The sloop Clearwater is the foundation of our organization, the vessel that brings people to the Hudson River and an inspiration to all who love her. Our work to protect the Hudson River is still our primary mission.
While we will not be having a Revival this year, we will be holding a number of smaller fundraising concerts and events up and down the River throughout the year, and hope to have a larger riverside concert in the fall. Stay tuned and please join us!
If it were not for our members, volunteers, vendors, artists, and many supporters, there would not be a Clearwater. We appreciate your unwavering support as we navigate this difficult time. We ask you to stay with us so that we can Float the Boat and come back stronger next year with a celebration truly worthy of 50 years and an incredible Great Hudson River Revival in 2017.

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