Announced by Oliver Hexter on Thursday, August 20, 2026 at 3:15 PM EDT
Dear WCA Community,
We are preparing to say goodbye to the World Cube Association due to a severe financial crisis.
The WCA has seen significant growth in recent years, but funding this expansion has become relatively problematic, as frequently highlighted by our financial team. Despite multiple changes to our budget model, maintaining our global administrative database has left us deeply in debt. Managing thousands of competitions worldwide is no longer sustainable, as rising venue fees, insurance costs, and database server bills have completely drained our remaining financial reserves.
These issues stem from the fundamental differences between managing an expensive global corporate apparatus and just solving cubes for damn fun. Our expenses now heavily outweigh our registration revenue. Shutting down the organization allows us to return to a free, grassroots hobby, completely free from the crushing operational costs of a formal administrative entity.
Official competitions will continue to be funded until December 31, 2027. The final months of 2027 will mark the final events in speedcubing history before we officially file for bankruptcy. This provides a substantial notice period for the pending closure and gives a final send-off to the WCA on our largest stage.