Kumu Kahua Theatre, a Downtown Arts District fixture and Honolulu’s dedicated home for local, original stage productions, released a notice Friday warning that after 40 years, its spring production "Da Kine Space" may be its last.

According to Kumu Kahua Artistic Director Harry Wong, deep cuts in state funding over the past two years precipitated the financial crisis. The State Foundation on Culture and the Arts grant to the theater was cut by an additional 60 percent in 2010. In response, Kumu Kahua implemented cost-cutting measures and the first rise in ticket prices in 10 years, but the money squeeze could cause the organization to close its doors in February.

Notable plays produced by Kumu Kahua over the years have included works known widely across Hawaii, including Lee Cataluna’s "Folks You Meet at Longs," and Lois Ann Yamanaka’s "Wild Meat and the Bully Burgers."

On Tuesday, Kumu Kahua Theatre will hold a press conference at its Merchant Street theater to publicize the potential closure.