NEW YORK – The artsy, one-ring Big Apple Circus is filing for bankruptcy protection after four decades of entertaining the world.
Circus officials say the troupe, which set up each year at Manhattan’s Lincoln Center for the Performing Arts, has run out of money.
Richard Olate, of Chile, runs around the ring followed by one of his trained dogs in the Big Apple Circus at New York's Lincoln Center in 2005. The circus is filing for bankruptcy protection after four decades of entertaining the world. Associated Press File Photo/Kathy Willens
In its Chapter 11 filing, the circus says its debts amount to $8.3 million, against assets of $3.8 million.
In July, Big Apple canceled its 2016-2017 season. However, the company is still seeking financial support or someone interested in buying the circus.
At its peak, Big Apple staged more than 300 shows. It also ran programs for blind, deaf and autistic children that are expected to keep operating with nonprofit funds.
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