Directors of the Island's Family Library say the facility has reached the end of the road.
In a statement, they say its services, including the building on Westmoreland Road and mobile library, will end on Friday, July 18.
Earlier this year, they revealed they needed £100,000 a year to keep the library open - sparking a desperate fundraising effort by those eager to save it.
Its closure comes despite a Tynwald decision to work with the organisation and report possible options in October.
Time's running out to race in the MGP
Time's running out if you want to race in next year's Manx Grand Prix.
Ash raises over £13k with marathon challenge
A local man's smashed his target by raising over £13,000 for charity after running nine and a half marathons in a row.
Uncollected tip items to be repaired and reused
Local authorities have teamed up with charity Northern Men in Sheds to launch a scheme which repairs old furniture, tools and appliances.
How many will need their benefits in cash?
An MHK will ask the treasury minister how many people will need to get their benefits in cash if MiCards are axed.
0.25% of Douglas buildings dilapidated, says council
Douglas Council says it has fewer than 40 properties on its blacklist of run-down sites.
MHK to query Liverpool ferry terminal running costs
An MHK wants to know how much it costs to run the Liverpool ferry terminal each year.
Council to sell homes to fund new housing
Douglas Council's planning to sell off empty public housing.
Emergency repairs to close Port St Mary road
A busy road in Port St Mary will close next week for emergency electrical repairs.
