The board of the Dayton arts organization Cityfolk has voted to dissolve the group. The unanimous vote comes five months after Cityfolk canceled its 2013-2014 season and the annual summer music festival.
In a release, the board says Cityfolk's assets will be transferred to the University of Dayton. Its records and files are being donated to Wright State's Special Collections and Archives.
Our decision was a difficult one, but the right one," says Cityfolk President Matt Dunn.
The group was founded in 1980 to present ethnic and traditional folk arts.
One of Dayton's biggest arts organizations is canceling its upcoming season. Cityfolk says several years of financial challenges led to the decision to forgo the 2013-2014 season and the 2014 festival.
The organization says low attendance at this year's festival, and declining ticket sales and sponsorships were also factors. Cityfolk is pulling out of a partnership deal with the Dayton Art Institute as well.