While the society receives funding for the programs, Tracy Thomas, coordinator of the centre, explained that there is very little left over to cover the day-to-day operations.
"We have to find funding to pay for maintenance and upkeep of the centre," she said.
"We can run these programs, but we will be running them out of a cardboard box if we can't find any core funding."
Thomas pointed out that the centre is always put to good use.
Over 100 people per day use resources that are available through the society in Clyde River.
Thomas explained that the Ilisaqsivik Society Family Resource Centre offers everything from after school and family literacy programs to counselling and healthy living activities for residents taking part.
"It shows how important the centre is to the community," she said.
Thomas said they hope to get some more funding from the Department of Health and Social Services.
"I think we fit very well into health and wellness," she said.
"All of our programs are directed to those areas."
Although Thomas is unsure about securing funding, she is confident the centre will find some kind of solution to its problem.
"We haven't received core funding since the society started in 1997.
"I think the fact that it has thrived this long is a testament to the dedicated volunteers and board members," she said. "We're trying our best to prevail."
Thomas plans to approach the department of Health and Social Services sometime next week.