Pride events face budget shortfalls as US corporations pull support ahead of summer festivities
Source: Scripps News
Posted 8:58 AM, May 31, 2025
Many U.S. corporations this year stopped supporting Pride events that celebrate LGBTQ+ culture and rights, causing hundreds of thousands of dollars in budget shortfalls ahead of the summer festivities and raising questions about corporate America’s commitment to the cause.
The moves come as President Donald Trump has shown antipathy for trans protections and has attempted to roll back some LGBTQ+ friendly federal policies. Experts also note that a growing slice of the public has grown tired of companies taking a stance on social and political issues.
San Francisco Pride, the nonprofit that produces one of the country’s largest and best-known LGBTQ+ celebrations, is facing a $200,000 budget gap after corporate donors dropped out. In Kansas City, Missouri, KC Pride lost about $200,000 — roughly half its annual budget. Heritage of Pride, the umbrella organization behind NYC Pride and other LGBTQ+ events in New York City, is fundraising to narrow a $750,000 budget gap after companies withdrew. Meanwhile, Budweiser brewer Anheuser-Busch ended its sponsorship of PrideFest in St. Louis, Missouri, its home base, after 30 years, leaving organizers with a $150,000 budget shortfall.
In response, many Pride organizations have canceled some dance parties, reduced the number of stages, hired less pricey headliners and no longer give volunteers free food or T-shirts. But the core celebrations will go on. In San Francisco, this year’s Pride theme is “Queer Joy is Resistance.” In New York, it's “Rise Up: Pride in Protest,” and, in Boston, it's “Here to Stay!”
Read more: https://www.scrippsnews.com/us-news/lgbtq/pride-events-face-budget-shortfalls-as-us-corporations-pull-support-ahead-of-summer-festivities
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