In 2015, AfrikaBurn provided seed funding to the tune of R106 000. Since 2016 the model for funding has been to request support from businesses in Observatory that benefit directly from increased sales on the day of the event and donations from interested parties such as civic organisations. In addition, a portion of funding is raised each year from rentals for market stalls at the event.
In 2016, the City of Cape Town provided baseline support for event essentials that was in addition to the R100 000 provided by AfrikaBurn and funds collected from supporting businesses in and around Observatory. 2017’s event again saw support from the City of Cape Town, and for the 2018 event, the National Lottery Commission has provided a portion of funding. The event is looking forward to strengthening relations with all stakeholders as it grows and becomes an integrated feature of Observatory’s annual calendar of highlights.
As of November 2019 the event has cost R508 000, give or take a few cable ties. In 2020, the event has been fortunate enough to secure funding from the National Arts Council to enable Streetopia to be held online, with a wide range of streamed content to be featured from Obs, as well as participating artists and musicians from other parts of South Africa.