Pride events are facing a funding crisis. Here’s why

• UK Pride events are facing a "critical" funding crisis, with 75 per cent experiencing a decline in corporate sponsorships this year.
• This drop in funding, with a quarter seeing cuts over 50 per cent, is attributed to the impact of Donald Trump’s assault on diversity, equity, and inclusion (DEI) policies in the US, affecting global corporations.
• As a result, many Pride organisers are increasingly relying on crowdfunding, with GoFundMe reporting an 82 per cent increase in such efforts, while some major events like Liverpool Pride have been cancelled.
• Experts suggest that "the golden era of corporate sponsorship might be over" for LGBTQ+ organisations, noting that corporate involvement was often a "marriage of convenience".
• Despite the financial challenges, organisers say that Pride, rooted in protest, will persist as an essential safe space for the LGBTQ+ community.

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