 In an article dated January 13, 2007 the Bellingham Herald reported that there would not be a festival in 2007 due to cash shortfalls, according to Festival officials.However, 9 months later, in an article published on October 17, 2007 the Herald reported that the Bellingham Festival of Music had successfully reorganized its fiscal affairs and that its concerts would take place again in July 2008, with its board of directors promising a leaner fiscal approach that would be less administratively top-heavy but would maintain high artistic quality, and that Michael Palmer, one of the Festival's founders, would continue in his role as artistic director.The 2008 and 2009 Festivals were successful artistically and financially.