Festival officials say it's been harder to secure corporate sponsorships this year than in the past.
Sundance officials have met with the Governor's Office of Economic Development to explore the possibility of receiving state aid.
But Jason Perry, executive director of the Governor's Office of Economic Development, says the economic downturn is making it difficult for anyone to get aid because there is more competition.
Sundance had asked for $1.5 million in funding from the state Legislature last year, but its efforts weren't successful.
The 2009 festival runs from Jan. 15 to Jan. 25.