The Himalayan Mela 2024 successfully concluded with a total income of $51,050 against expenses of $42,508, resulting in a positive balance of $8,542. The majority of the income was generated through vendor contributions, which amounted to $26,400, and community sponsors who contributed $24,650. This strong financial backing from both vendors and community sponsors highlights the event’s solid support base and effective fundraising efforts.

On the expenditure side, the largest costs were associated with city-related expenses, totaling $21,551, which covered permits, venue fees, and local support services. Artist-related expenses, including performance fees, flight tickets, and local travel, accounted for $7,384, ensuring a diverse and engaging program for attendees. Additional costs included media and promotion at $5,788.70, logistics such as stage decoration and volunteer materials at $3,632.34, and food expenses for the team and volunteers at $3,113. These carefully managed expenses contributed to the overall success and smooth operation of the event.

The Himalayan Mela 2024’s financial overview reflects a well-organized event that balanced income and expenses efficiently, allowing for a positive net balance. The detailed breakdown of costs and income underscores the importance of community involvement and strategic planning in hosting cultural events. With strong vendor participation and sponsorship, coupled with prudent spending on artists, logistics, and promotion, the Mela is poised to continue as a vibrant cultural celebration in the years to come.

This summary captures the key financial aspects and organizational highlights. Please access the PDF by clicking here (HM 2024).