FILM: The SF Bike Coalition is kicking off their summer Bike-In Movie Series with the beloved BMX cult classic Rad, featuring "the amazing and infamous bike dance scene" with a young Lori Loughlin (best known for her role as Aunt Becky on Full House). There will be a complimentary bike valet and several tasty street food vendors, including the Crème Brûlée Cart, the Magic Curry Kart, Gobba Gobba Hey, Sexy Soup Cart, Amuse Bouche SF, Sweet Constructions, and Chez Spencer's "Spencer on the Go."

8 p.m. // Parking lot across from the Good Hotel (112 7th Street) // free

BENEFIT: Riptide's Wet Wednesday benefit event this month is raising money to help send children from the Bayview Hunters Point neighborhoods to Artseed's Intensive Summer Camp. Enter the $5 raffle sponsored by Surfpulse.com for a chance to win a 6'6'' round-pin single fin "bio-foam" Las Olas Surfboard, a stay at Casa Delfin Sonriente in Toncones, Mexico, a gift certificate to Mocha 101 (1722 Taraval Street), and other great prizes. Free Mexican food will be served, DJ Paul will spin, and Mexico surf movies will be playing on the big screen. A portion of the bar sales and tips will also be donated.

8:30 p.m. // The Riptide (3639 Taraval) // free

MUSIC: Hailing from the Midwest and a member of one of SFist's favorite labels, Secretly Canadian, folky/indie outfit Magnolia Electric Co are celebrating the release of their new album, Josephine. San Diego's The Donkeys and Oakland's Val Esway & El Mirage open.

9 p.m. // Bottom of the Hill (1233 17th St) // $12