Organisers of the Llangollen International Musical Eisteddfod say it has staged a dramatic reversal of fortune by making a profit for the first time in five years and ploughing £1.5 million into the local economy.
They say the event defied the recession and bad weather to record a profit of £22,668.
Advance sales for this year's International Eisteddfod are said to be breaking previous records.
Retiring Wales and Ospreys rugby star Shane Williams is among those who will be inducted into the Gorsedd at the National Eisteddfod in August.
Stephen Jones, who's won 104 caps for Wales, and former footballer and now commentator John Hartson will also be honoured by the Gorsedd of the Bards. First Minister Carwyn Jones, opera singer Wynne Evans and Huw Stephens, the radio DJ who started the Swn Festival in Cardiff, are also included.