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New Mardi Gras has announced a cash profit of $91,000 after a successful 2006 Season.
Marcus Bourget, Chair of New Mardi Gras said “This result should make everyone in Sydney smile. We have managed to produce a very successful Sydney Gay and Lesbian Mardi Gras Season while delivering a modest profit for the year, which is a pleasing result for the organisation. It is a step in the right direction and provides a solid foundation for NMG to move forward from.”
New Mardi Gras will be releasing a detailed annual report in June 2006, which will fully outline the financials for the 2005/06 period. Following adjustments to goodwill and write backs relating to taxation, New Mardi Gras anticipates a full year result of $154,000.
Sleaze 2005 and the 2006 Launch, Fair Day, Festival, Parade and Party contributed to these financial results as did the initial instalments received from the partnership with Gaydar.com.au.
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The parade was fantastic, a lot homossexual. I ´ve never saw something like that, but it´s was a great Parede. It´s totally different from São Paulo Parede. I think it´s much more organized and safe than São Paulo Parede.
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