After the fundraising success the parade has been officially revived , just in time for the 40-year anniversary , organizers said on the parade 's official website . Superstorm Sandy forced cancellation of parade in 2012 , causing financial difficulties . Organizers said they raised $ 5000 from 900 donors to fund this year 's parade . This is the 40th anniversary of the event , which draws thousands of participants .
Superstorm Sandy forced cancellation of parade in 2012 , causing financial difficulties . Organizers said they raised $ 5000 from 900 donors to fund this year 's parade . This is the 40th anniversary of the event , which draws thousands of participants .