The show was canceled after only $50,000 of the needed $500,000 was raised by the deadline, Seattlepi.com reported.
One Reel, which had produced the show for 24 years, said "this is final" after the Sunday deadline expired.
Even if big donors came forward now, One Reel spokeswoman Aubrey Bergauer said, there wouldn't be enough time for other vendors such as security, fireworks and a tug and barge to get ready.
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