The Copenhagen 2009 World Outgames has declared a profit of $234,000 US, says the Gay and Lesbian International Sport Association (GLISA).
Profits will be allocated to local queer organizations, said Outgames' finance director Per Hermansen in a press release.
Copenhagen's success follows the financially disastrous first World Outgames, held in Montreal in 2006. The 2006 World Outgames racked up a $5.3-million deficit, according to a Quebec government audit.
Before the 2009 event, Xtra spoke to Outgames' CEO Uffe Elbaek (pictured above) who said that Copenhagen would be careful not to repeat Montreal's mistakes.
Xtra was in Copenhagen for the Outgames -- take a look back at our video coverage:
The 2011 North American Outgames will be held in Vancouver. The third World Outgames will be held in Antwerp, Belgium in 2013.