The prominent not-for-profit arts organisation has reported its latest economic impact reached $56.7 million.
Fringe World creator ARTRAGE has recorded a decline in its economic impact and total attendance numbers in the previous financial year.
The prominent WA not-for-profit is the creator of Fringe World Festival, Rooftop Movies and recently, a winter festival called RE//Perth.
RE//Perth ran in 2024, but ARTRAGE said it will not run this year, working towards a new iteration of the festival for 2026.
ARTRAGE’s Culture Counts 2024-25 report showed its total economic impact went from $61.8 million recorded in the 2023-24 financial year to $56.7 million.
It also recorded a drop in total attendance numbers from 593,000 in its 2023/2024 report to 540,700.
Rooftop Movies total ticket sales showed a decrease from $910,000 to $768,000.
Total ticket sales for Fringe World, however, showed a rise of $600,000 – reaching $10.8 million.
“Fringe World Festival [in Perth] is the third-largest Fringe festival in the world,” ARTRAGE said in its report.
“Since launching in 2011, it has grown into Western Australia's largest annual arts events by ticket sales and attendance, attracting upwards of 600,000 attendees each year.”
For FY24, the organisation’s total revenue reached $20.1 million, an increase of $3.7 million from the previous financial year.
It received funding totalling $5.6 million from the state government, $360,000 from local government, and $111,000 from the private sector.
In early 2024, news broke that Woodside Energy had opted not to renew a philanthropic partnership with ARTRAGE, a move which was claimed as a win by advocacy group Fossil Free Arts.
Business News understands the partnership between the pair ended early in 2023.
