Oasis, the LGBTQ nightclub in San Francisco's South of Market district, has been saved from permanently closing by "a significant financial gift" from local philanthropists, owner D'Arcy Drollinger said Friday.

The cabaret, which describes itself as a "glittering beacon of queer performance" since 2014, said the gift, whose size was undisclosed, was made to Oasis Arts, the club's nonprofit arm.

"This moment reflects the heart of San Francisco," said Drollinger, artistic director of Oasis Arts, on its website. "Saving Oasis is more than keeping a venue open, it's about protecting space for marginalized artists to take risks, share their stories, and build sustainable careers."

"'This moment proves our city still shows up for the spaces that make it unique," Drollinger said.

Oasis announced in July that it would permanently close after New Year's Eve due to financial struggles, unsustainable costs, and low attendance. It still plans to temporarily shutter for several months, according to the website, "to set the stage for this new era of Oasis."

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