Moogfest, scheduled to be held in Durham May 19-22, 2016, has raised more than $750,000 for the project, and are working to continue to raise money from the private sector. They are asking for cash contributions of a total of $125,000 as well as $25,000 in in kind contributions — for a total of $150,000 in investments from the city and county. Estimates for the festivals economic impact, done by Shelly Green , CEO of DCVB, include direct and indirect visitor spending to be about $5.6 million, with about $130,000 coming in tax values. Green noted her economic impact estimates were “conservative.”
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