Art & Soul, the weekend music and art festival that has drawn tens of thousands of attendees and become a yearly staple since 2001, is canceled this year, and its future is uncertain, organizers announced Friday.

Last December, the City Council awarded $1.3 million to Oakland-based arts and culture organizations for events and programming. $947,000 came from the city’s general fund and $380,000 from the hotel tax.

Art & Soul was among the grantees set to receive funding in March. However, according to Samee Roberts, the festival’s executive director, the city is late issuing funds.

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