You will need to share your A500 specs, if we are to be able to answer.
If you had an A500 with no slowmem before and it works now that you have slowmem, then the answer is probably that the demo requires low chipmem to be free, which requires slowmem so the OS stuff can go there instead of occupying low chipmem.
Most pre-AGA demos work on A500 kick 1.3, 512k chip, 512k slowmem. Sometimes you have to turn off slowmem or external floppy to make them work. That's it. This is a description of the ultimate machine to make most demos work. It's really simple.
You can turn off slowmem/fastmem with
HogFast
Now share with us your exact memory and kickstart specs.
You can find your hardware specs with
RigInfo