The Jam on Walnut is a summer concert series that features local and regional music concerts. The concerts are held on the last Saturday of each summer month on the corner of Bellefonte and Walnut Street. Proceeds from beer sales go to Cystic Fibrosis. Walnut Street also hosts the Shadyside Arts Festival, a juried art show. This late summer/early fall street fair has been held on Walnut Street for so long that the event has been renamed "The Art Festival on Walnut Street."