Organizers of the Southern Brewers Festival said Thursday the event is "on indefinite hiatus."
The group said, "For more than 20 years the Southern Brewers Festival has been a Chattanooga tradition.
"Over the years this event has grown from our humble parking lot beginnings to a large, Riverfront festival.
Because of your support we have been able to donate hundreds of thousands of dollars to local charities that support causes important to the Chattanooga community.
"Yet, due to rising expenses and lower attendance, we are putting the Southern Brewers Festival on indefinite hiatus and will instead focus our fundraising efforts elsewhere in Chattanooga.
"Thank you for celebrating craft beer, music and community with us for the past 23 years. We look forward to seeing you at future Chattanooga area events."