The Atlanta Pride Committee’s board of directors and festival committee are working on ways to rebound from a 2008 event that saw a $164,736 deficit after the festival was forced to change both venue and date just six months out.
Due to the state’s severe drought, city officials booted large festivals from all city parks. Traditionally held in Piedmont Park on the last weekend of June, the 2008 Atlanta Pride festival took place over July Fourth weekend at the Civic Center.
While Atlanta Pride had a nest egg stashed away from profits made from the 2007, 2005, and 2004 festivals among others, the Pride Committee currently has a six to eight month supply of operating funds.
“If we look at our current financial standing right now, for what we have in the bank, if we look at the exact expenses, rent, one salary, storage unit, the nitty-gritty stuff, if we didn’t do anything we would be around for about six months. But obviously we are going to do things,” said Pride board chairperson Deirdre Heffernan. “That actually is a better picture than we first thought, so that gives us breathing room to move forward and make our plans.”
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