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History San Jose running out of money

History San Jose, Silicon Valley's largest historical organization, is almost out of money - and without a quick subsidy advance from the city, its leaders say, it will be forced next month to cut back or eliminate programs for South Bay students and other functions.

"We're sort of hanging on by our toenails here," History San Jose President Alida Bray said Wednesday after pleading the organization's case for an advance on its quarterly city subsidy of more than $140,000. The city council, which is awaiting an audit of the group's finances, will consider the request, along with a potential takeover of the organization's core programming, at its Sept. 11 meeting.

"I really need that audit before I can reach a decision," Mayor Chuck Reed said....

History San Jose runs the city's 14-acre History Park at Kelley Park along Senter Road, filled with more than two dozen historic and reconstructed buildings, as well as the Peralta Adobe and Fallon House in downtown's San Pedro Square. The park draws more than 100,000 visitors a year, including about 25,000 schoolchildren.
Read entire article at Mercury News