Council funding for the venue had been gradually reduced each year since 2013 when the grant peaked at £277,000 per year.
Since then, reductions of around £10,000-£15,000 per year have been made, resulting in a payment of around £94,000 for September 2020.
A big factor in the withdrawal of funding came from the central government’s announcement that City of Lincoln Council must make cuts of around £1-£1.5 million to balance its already stretched budget.
Philip Hamlyn-Williams, the chair of the trustees at Lincoln Arts Trust, told BBC Radio Lincolnshire: “The staff really have gone so far beyond the call of the duty, they all have, and so it is so desperately sad to have to do this.”
The trustees say a new use is being sought for the building.
£415,000 was asked for the Drill Hall so that the “key cultural asset” could be renovated and repurposed to provide training and services, as well as its programme of arts and performance.
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Carole Glover’s transformation into a Brahma Kumaris over 25 years ago marked a pivotal turn in her life, providing clarity on her previous life experiences.
The spiritual movement was founded in the 1930s by Dada Lekhraj Kripalani, a visionary Indian businessman, also known by the name of Prajapita Brahma Baba. He then passed it over to a trust administered by a group of women who have run it ever since. After experiencing a series of visions in 1936, he was inspired to create a school where the “principles and practices of a virtuous and meditative life could be taught.”