In November each year, the historic town of Braidwood becomes a mecca for quilters and tourists alike as it hosts its Quilt Event and the famous "Airing of the Quilts", a self funded festival organised by the Braidwood Quilters Inc. Braidwood becomes a stage displaying the beauty of the art of quilting through a two day indoor exhibition and the quilts displayed in the open air or shop windows throughout Wallace street.

The Quilt Event is a self-funded festival organised annually since 1995 by the Braidwood Quilters Inc. Many volunteers, both members and non-members, give their time and energy to support this Community Project. The Airing of the Quilts is an opportunity for Braidwood residents and visitors to enjoy the beauty of the art of quilting at no charge, while the two-day indoor exhibition is open to the public for a very reasonable entry fee.