ST. LOUIS – After over 30 years of collaboration, Anheuser-Busch will no longer sponsor PrideFest, the annual festival celebrating the LGBTQIA community in downtown St. Louis.

On Tuesday morning, Pride St. Louis shared their disappointment over losing such a longstanding partner. The festival, set for June 28 and 29 at Soldiers Memorial Park, now faces a $150,000 funding gap from the previous year.

PrideFest, known for its status as the largest parade in St. Louis, wraps up a weekend full of LGBTQIA celebrations. Marty Zuniga, President of Pride St. Louis, expressed optimism that the community will bridge the gap left by Anheuser-Busch’s departure.

Pride St. Louis is working to modify the budget for the event to ensure the festival can still take place. In response to the funding challenges, Pride St. Louis is launching a fundraising campaign called #45 for 45, commemorating 45 years of advocacy for the LGBTQIA community.

As Pride St. Louis navigates the financial challenges, the organization remains hopeful that community support will help fill the gap left by Anheuser-Busch’s withdrawal.

All facts from this article were gathered by KTVI journalists. This article was converted into this format with assistance from artificial intelligence.  It has been edited and approved by KTVI staff.