Pride will celebrate its 18th birthday in 2010
Brighton's Winter Pride week has been called off for 2010 as part of a series of cost-cutting measures designed to balance the Pride charity's books.
The organisation has also said it will be unable to make cash grants to community lesbian, gay, bisexual and transgender (LGBT) groups this year.
It is also considering fencing Preston Park during the summer festival and asking for donations at entry points.
Pride has said it faces a deficit of £50,000 unless cuts are made.
It has already made one of its three full-time staff members redundant and put the others on four-day weeks.
Tens of thousands of people attend Brighton Pride, which will celebrate its 18th birthday in 2010. Staging the event costs about £350,000.
Financial losses last year were blamed on appalling weather, higher running costs and the recession.
Staff and trustees of the Brighton and Hove charity met last week to discuss proposals for the 2010 event.
Chair Yvonne Barker said the cuts were just for this year.
"We are not saying that Winter Pride will go forever, but we are having to put our resources into certain areas this year," she said.
"The grants won't be gone forever.
"We were disappointed not to be able to support the groups but it is not just about financial support.
"We can support them in other ways through promotion, finding venues and getting them in touch with our artists."
She said the idea of fencing Preston Park was being discussed but there would not be an entry charge.
"It is about steering people to entry points to encourage everybody to contribute to the significant cost of putting on Pride every year."