franny
06-14-2009, 05:52 PM
Tupelo Festival increases profit!: The King's home-town festival is staying in the black.
The Tupelo Elvis Presley Festival, which lost $46,000 three years ago, made $92,944 this year — almost $13,000 more than it made last year.
That word comes from the Downtown Tupelo Main Street Association, which started the festival as a fundraiser 11 years ago.
Executive Director Debbie Brangenberg says lower ticket prices attracted enough people to offset a drop in sponsorships.
After the loss in 2007, the festival cut back from two downtown stages to one, and cut out a car giveaway that cost $25,000. (News, Source: wreg.com) http://www.elvisinfonet.com/image-files/TupeloFestival2009x.JPG
The Tupelo Elvis Presley Festival, which lost $46,000 three years ago, made $92,944 this year — almost $13,000 more than it made last year.
That word comes from the Downtown Tupelo Main Street Association, which started the festival as a fundraiser 11 years ago.
Executive Director Debbie Brangenberg says lower ticket prices attracted enough people to offset a drop in sponsorships.
After the loss in 2007, the festival cut back from two downtown stages to one, and cut out a car giveaway that cost $25,000. (News, Source: wreg.com) http://www.elvisinfonet.com/image-files/TupeloFestival2009x.JPG