The annual Rainbows Festival & Street Fair is a celebration of the diversity of the LGBTQ community. The event is located in historic Heritage Square Park in Downtown Phoenix. Each year, the Rainbows Festival draws a crowd of over 25,000 friends, families and allies. The Rainbows Festival is the 2nd largest LGBTQ event in the state of Arizona, only 2nd to the Phoenix Pride Festival. They host nearly 150 exhibitors and sponsors throughout the two-day event and have 2 stages filled with entertainment throughout the weekend.