Organizers said Wednesday that NIOSA 2027 was canceled due to funding constraints. Credit: San Antonio Current Staff

On Wednesday, the San Antonio Conservation Society announced the cancellation of next year’s A Night in Old San Antonio, citing financial pressures.

Now, new documents obtained by KSAT show just how bad the popular Fiesta event’s money situation has become.

Before the COVID-19 pandemic, NIOSA — the Conservation Society’s biggest fundraiser — generated $3 million to $4 million in revenue annually for the group, financial documents obtained by the station show. However, for each of the years between 2022 and 2025, that sum plunged below $500,000.

That’s a problem, considering it costs $600,000  to lease space at La Villita, the event’s longtime venue, and provide security for the massive event. That meant NIOSA lost money in the years following the pandemic.

What’s more, the Conservation Society itself is navigating rough waters, according to KSAT’s reporting.

The nonprofit dedicated to preserving architectural and natural landmarks across the Alamo City had negative cash flow in 2023 and 2025, documents show.

Construction work planned for La Villita became the final nail in the coffin for NIOSA 2027 because it would have cut the space available for the event by nearly half.

Although NIOSA 2027 is canceled, organizers said they are rethinking the event and haven’t ruled out resuming it in 2028.

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Michael Karlis is a multimedia journalist at the San Antonio Current, whose coverage in print and on social media focuses on local and state politics. He is a graduate of American University in Washington,...