CO*LAB seeks funds to cover pandemic shortfall
After cancelling the 2023 edition of its flagship event due to financial woes, CO*LAB is looking to catch up on debt in order to move forward.
"We need to make it known that we're struggling, and cancelling GLOW (Festival) was part of that," Lorin Klask, artistic director for CO*LAB, told Taproot.
GLOW Festival is the annual flagship event from CO*LAB — a.k.a. Community {Arts} Laboratory — and its operating body, the Quarters Arts Society (QAS). The event typically includes lantern-making workshops, a parade, and live entertainment. The ninth annual GLOW Festival was slated for March 23, but was called off on March 15 and replaced with a smaller art-making event on March 25.
Opening CO*LAB amid the global COVID-19 pandemic resulted in debt hovering around $40,000 to $45,000, which makes the organization ineligible for certain grants, Klask said.
"Our debts need to be addressed, and we're trying to do that on many fronts," she said.
That's why CO*LAB launched a GoFundMe with a goal of $50,000 back in October 2022. At press time, it has raised only $2,170, though a separate fundraiser last fall generated around $1,400 not reflected in the GoFundMe total.
"We were hoping that if (the total amount couldn't be raised), that it would just bring us a couple of thousands of operating funding every month," Klask said.
CO*LAB has also entered a repayment plan with the City of Edmonton, from whom it leases the space at 9641 102A Avenue NW. Klask said larger-than-expected utility bills and operating fees resulted in a bill for more than $9,000 this past January.
QAS began working to become the operator of the CO*LAB space back in 2017, building a business plan that relied on revenue from event rentals as its primary earner rather than in-house programming.