CHATHAM, NJ - Net revenue from Chatham's annual Fishawack Festival more than tripled, according to the report on the 2017 event given Monday night at the Borough of Chatham Council meeting.
For the second straight year, MyChathamNJ ran the festival through Chatham Community Services and while more money was spent on the event, the profit was higher, too.
Janice Piccolo, director of Chatham Community Services, gave a power-point presentation on the 2017 Fishawack Festival finances and the net revenue came to $19,812.59, compared to 2016 when the net revenue was $6,360.01.
The gross revenue brought in by the 2017 Fishawack Festival was $51,511.00 and the expenses were $31,698.41.
In 2016, the gross revenue brought in was $34,947.00 and the expenses were $287, 586.99.
:Piccolo noted that the revenues were boosted by increased sponsorships.
Janice Piccolo, director of Chatham Community Services, sums up the 2017 Fishawack Festival