“We're contractually obligated,” said John Pilch, chairman of the event.

The festival, which costs about $42,000 to put together this year, is about $3,000 short, he said.

Organizers plan to raise funds up to and during the event to make budget.

The festival, which is free, will be from 9 a.m. to 9 p.m., with a fireworks show starting at 9:15 p.m.

Five bands will be featured at the festival, which will include several food and drink vendors.

For more information or to make a donation, go to www.lakemurraymusicfest.com.