The institute that promotes interest in Prince Edward Island's most famous author is in financial trouble.

'I would think she should be revered on Prince Edward Island.' — Jenny MacNeil, L.M. Montgomery Heritage Society

Funding sources have dried up over the years, and the L.M. Montgomery Institute has struck a committee to try to source new ones.

Prince Edward Island has built an industry around L.M. Montgomery's writings, including Canada's longest running musical, entering its 44th season this year.
(Canadian Press)

"There is kind of this feeling that, you know, that there will always be funding there just because it's so exciting and so great, how could there not be money?" Simon Lloyd, chair of the L.M. Montgomery Institute Committee told CBC News.

"You have to recognize the way of the world is such that all kinds of worthy organizations doing terrific work do find themselves in financial tight spots from time to time, and the Montgomery Institute is no exception to that rule."

The financial difficulties come as the institute prepares next year to mark the 100th anniversary of the first publication of Anne of Green Gables.

Jenny MacNeil, a member of the L.M. Montgomery Heritage Society, is concerned about the institute's future, and frustrated about its difficulties finding local support.

"She's revered all around the world, so I would think she should be revered on Prince Edward Island," said MacNeil.

"This is a wonderful institution to help Islanders do just that."

Lloyd won't be specific about how bad things are. The institute's doors are still open and he said next year's biennial conference will go ahead. The committee is optimistic it will have more funding in place in the coming months.