Street festivals are big business in Chicago, for the neighborhood organizations that own them and the companies that operate them. Although very few organizations release any information on festival revenue, we estimate from the information that is publicly available that the dozen festivals in our area that require street closures net close to $6 million a year.
Roscoe View Journal and Center Square Journal have been closely covering the business of street festivals for two years. Here are some of those stories.
As Street Fests Multiply, Organizers Ask: “Are There Too Many?” – November 12, 2012 – Paul Wilson
Northcenter Summerfest Future In Jeopardy – October 19, 2012 – Paul Wilson
RVN Celebrates ‘Best Year Ever’ for Retro On Roscoe Profit – September 12, 2012 – Mike Fourcher
Rock Around the Block Feedback: Time to Pull the Plug? – July 27, 2012 – Jason Kreke
How Do You Program a Music Fest? We Ask the Folks at Old Town School – July 19, 2012 – Patty Wetli
Mayfest Crew Cleans Up, Counts Up – June 6, 2011 – Mike Fourcher
DANK Haus Merger With German Organizations Stalled – March 25, 2011 – Mike Fourcher
Old Town Executive Director Explains Roots Fest Decision – March 6, 2012 – Patty Wetli
The Risks And Rewards of Street Festivals for Neighborhood Organizations – July 7, 2011 – Jordan Graham