Lake Union 4th of July fireworks show canceled

Updated:

SEATTLE —

Organizers of the  4th of July fireworks show on Lake Union have canceled this year’s event.

Officials with One Reel told KIRO 7 Eyewitness News the fundraising deadline was Sunday at midnight.

The goal was about $500,000 and was not met by the deadline, canceling the show.

The organization has had funding problems since Washington Mutual went bankrupt.