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 many real ale enthusiasts, steadily rising dividends. However its has since been forced to retrench, and has paid no dividend for several years. It is one of the largest shareholdings of the CAMRA Members' Investment Club. The brewery re-launched their "Emmerdale Ale" as a lower-alcohol beer (formerly 5%) on 27 January 2006 at The Crown in Manfield for the Campaign for Real Ale (CAMRA). The launch party saw Chris Chittell (Eric Pollard from the "Emmerdale" TV series) pull the first pint of the new brew. Emmerdale Ale is no longer brewed. The night also marked the rebranding of Black Sheep's