Organizers of Love's 44th annual Valentine's Festival say thieves made off with festival prizes and liquor earlier this month.
Karen Smith says the thieves broke into Love's community hall and village office and made off with the goods, which were mostly donated by local businesses.
But Smith says the festival is still going ahead, noting many businesses have re-donated items to replace the stolen ones.
The village is home to around 65 people and draws love birds from across the country.
Around 600 people visited Love last year during the festival, which features a steak supper, winter activities, a king and queen announcement, fireworks and a cabaret.