Masham south-east, lies St. Mary's Church with its large yard. Although Masham is a relatively small town it has two working breweries, Black Sheep Brewery and Theakstons, situated only a few hundred yards from one another. The Black Sheep Brewery sponsors annual folk festivals. Previous performers have included Hugh Cornwell of The Stranglers. The town was also for a long time home to Lightfoot Brewery. this was bought by the Theakston family and closed in the 1920s. The Lightfoot brewery buildings are now used by Black Sheep. The Masham Steam Engine & Fair Organ Rally is held annually, organised by the
Black Sheep Brewery at the Bruce Arms by its Landlord, David Young. The brewery produces a range of well-hopped bitters, to distinguish itself from Theakston's range of fruity and yeasty beers. The brewery quickly became successful, and now produces over 75,000 barrels a year. The brewery has capitalised on its popularity by converting unused parts of the original maltings into a visitors centre from which tours of the brewery are conducted. In 1996, it served as host to an episode of the "Two Fat Ladies" cooking programme which was broadcast the following year. For the first 15 years it paid its shareholders, including