Sydney's Mardi Gras saved
BY Advocate.com Editors
September 30 2002 11:00 PM ET
Gay groups in Sydney struck a deal with creditors on Monday to pay off the debts of the city's Gay and Lesbian Mardi Gras and save the world-renowned street festival, according to Agence France-Presse.
Under the rescue package, a coalition of four Sydney groups has taken over the Mardi Gras business and will sell off the assets--including props and costumes--to repay $350,000 ($190,000 U.S.) out of a total debt of $500,000. Volunteers will replace salaried staff as organizers of next year's fair, and fund-raising events will be held to finance the asset sales, said Michael Woodhouse, cochairman of the new Mardi Gras. The first fund-raiser, the annual Sleaze Ball, is slated to take place this weekend.
The 25-year-old Mardi Gras started as a gay rights protest march but evolved into a massive street festival that attracts more than 120,000 visitors and brings Sydney business worth tens of millions of dollars each year.
- Dance NYC Boylesque Fest Teases Return 6:00 AM
- Artist Spotlight Artist Spotlight: Taylor Smith 4:00 AM
- Women WATCH: Trans Man Has Vagina Pride March 07 2014 7:51 PM
- Hot Sheet Hot Sheet: History Boys March 07 2014 7:25 PM
- Marriage Equality Here's The Most Absurd Thing You Missed in Michigan's Marriage Equality Trial March 07 2014 7:20 PM
- Uganda As Aid Cuts Continue, Ugandan Officials Not Concerned March 07 2014 6:57 PM
- Religion Fired Gay Administrator Sues Wash. Catholic School March 07 2014 6:55 PM