Woodford Folk festival will announce in July whether they will be cancelling for a second year in a row.
The bush-time event meant to be held in January of this year was also cancelled due to the three day lockdown in Brisbane with organisers having to refund 740 tickets.
Woodfordia Incorporated is currently funding their remaining staff through COVID-19 arts grants from both the Queensland and Federal Governments.
Organizers are concerned the ending of job-keeper at the end of the month will see further job cuts.
Woodford organisers have voiced support for the lockdowns despite financial difficulty.