Loanhead has an annual day, also known as "Children's Day". A book to commemorate the 100th Anniversary was published in 2003. Since 2001, an annual weekend music festival, Loanhead Music Festival, has been staged. This increasingly popular event attracts a wide range of mainly acoustic musicians to the town each June, and features around eight venues. As an offshoot from the Festival, Loanhead Guitar Club meets on Wednesday evenings to provide informal tuition and practice opportunities in guitar and other instruments for over 18's.