Established in 1976, the Chimneyville Crafts Festival serves as an important revenue source for the individual artisans who exhibit and sell their work and the largest annual fundraiser for the Craftsmen's Guild of Mississippi, the private, nonprofit organization that works year round to promote, educate and preserve high standards for craft. In addition, sales tax revenues, hotel, food, gas and other expenditures, are estimated to provide a $1.1 million economic boost to the local community each year.