On Friday evening, Lost Lake Festival in Phoenix, Arizona, officially announced that its 2018 event was canceled. The festival was entering its second year and produced by Superfly, the co-creators of other major music festivals like Bonnaroo and Outside Lands. Slated for October 19th through 21st in Phoenix’s Steele Indian School Park, Lost Lake Festival was scheduled to host headlining performances from Imagine Dragons, Future, The Chainsmokers, and SZA.

In a statement, Superfly noted that the company came to Phoenix because “we were inspired by the emerging arts, culture and food scene of the city, and wanted to capture this creative force with a festival as unique as the community.” After speaking on the support the company received from “artists, fans and the City of Phoenix,” Superfly explains that to give thanks back to the community, it will be donating $25,000 from last year’s festival profits and $25,000 from direct funds from the Lost Lake partnership to local charities including the Arizona School for the ArtsNative American ConnectionsPhoenix Central High SchoolPhoenix Parks Foundation, and Rosie’s House.

Last year, for its inaugural year, Lost Lake Festival saw headlining performances from Chance The RapperPixiesHaimThe Killers, and The Roots. At the time, the festival cited that more than 40,000 people attended the event. However, Lost Lake is one of a long line of recent festival cancelations, with Los Angeles’ FYF Fest canceled this year, and Pemberton Music Festival in Canada declaring bankruptcy and canceling last year.

However, unlike Pemberton Music Festival, which was unable to issue refunds to ticket holders, Lost Lake Festival will automatically refund fans who purchased tickets. In the festival’s statement, it explains

All ticket purchases will be automatically refunded in full, including processing fees, directly to the method of payment used in 7 – 10 business days. If you have any questions related to your refund please reach out to Order-support@frontgatetickets.com. 

You can read the full statement from Lost Lake Festival and Superfly below.