Update, 6:42 p.m., Sept. 24: The news brief below has been fully reported and updated at this link.
Original post, 9:52 a.m. Sept. 24:
One Reel, the nonprofit outfit that presents Bumbershoot, has announced that due to a revenue shortfall from the 2014 music and arts festival, it is laying off five seasonal and three full-time staff members, at least temporarily. The exact terms of the layoffs — and the size of the shortfall — have not yet been disclosed.
The Seattle Times is pursuing the story. In the meantime, here’s the official word from Bumbershoot spokesperson Barbara Mitchell:
“In an ongoing effort to adapt to ever-changing circumstances and evolve Bumbershoot to best serve Seattle, One Reel is temporarily reducing its staff to core personnel for Q4.
“This year, a number of conditions accelerated Bumbershoot’s return to Memorial Stadium as its Mainstage venue. Although we were excited, it was a financial risk. The outpouring of enthusiasm for the move and incredibly positive feedback from patrons and participants across the board was unfortunately not enough to make up for a revenue shortfall caused by the additional expense.
“One Reel is in the midst of working diligently to complete its financial obligations for 2014, while looking ahead to make Bumbershoot 2015 even better for our patrons, participants, staff, and Seattle as a whole.
“We operate on a pretty bare bones year-round staff. I believe the layoffs affect five seasonal contracted employees (most by just a week, one by a month), three full-time staff members who are temporarily laid off (the hope is to bring them back in the next four to six weeks), and a small handful of us who are here in a reduced capacity for the time being.
“Attendance was down from 2013 (an exceptionally high year that far exceeded expectations) and in line with 2012 numbers (which reflect the revised vision of the festival post-2010).”