Wichita Riverfest Loses Money 4th Straight Year

By: Associated Press Email
By: Associated Press Email

Stay up-to-date with KAKE News:

Sunday, August 12, 2012

Wichita's signature event has lost money for the fourth straight year and organizers say reserves that helped cover the deficits are nearly depleted.

The River Festival is expected to lose about $85,000 this year as button sales and corporate sponsorships have failed to keep pace with expenditures.

Wichita Festivals Inc. puts the blame on the economy, though there's also some concern that people are attending the events without purchasing a $5 button they're asked to have.

President and CEO Janet Wright says festival officials have some tough decisions ahead about what kinds of things they can afford next year. She says people need to understand that if they want the Riverfest to stay around, they have to understand it can't be for free.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 165917116 - kake.com/a?a=165917116
Gray Television, Inc.