Superfly Productions – the innovative company behind Bonnaroo, Outside Lands and several other premier music festivals – has cancelled the Lost Lake festival, scheduled for Oct. 19-21 in Phoenix, Ariz.

2018 would have been the festival’s second year and scheduled performers included Future, The Chainsmokers, SZA, Nas, Grizzly Bear and many more.

According to an official statement, “all ticket purchases will be automatically refunded in full, including processing fees” and Superfly will also be making sizable donations to a number of local non-profits.

Read the company’s full statement below:

Superfly has made the difficult decision to cancel Lost Lake Festival.

We came to Phoenix because we were inspired by the amazing emerging arts, culture and food scene of the city, and wanted to capture this creative force with a festival as unique as the community. We’re honored by how everyone came together to help us produce a beautiful event last year and are deeply grateful for the support of the artists, fans and the City of Phoenix.

We are so thankful for the embrace we received from Phoenix, and want to share our gratitude by giving back to several non-profit organizations that are helping to further arts and education in the community. We are planning to distribute the $25,000 we raised at last year’s festival to local charities including, Arizona School for the Arts, Native American Connections, Phoenix Central High School, Phoenix Parks Foundation and Rosie’s House, match that number with direct funds from the Lost Lake partnership for a total contribution of $50,000.

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 [email protected].

We again appreciate all the support we received and hope in some small way Lost Lake helped to elevate the incredible artistic and cultural community of the Valley.