Photoshop :: Creative Input For A Logo

I've been handed the task of creating a new logo for my Committee at my University. We're in charge of setting up parties and various events for our semester.

Only problem is that we've been lacking a proper logo for the last year, that we've existed, and as I'm the only one with Photoshop skills in the committee, it was decided that i should create it. Problem is though - I've hit rock bottom.

Our Committee's name is " Ninkasi ". This is the best that I've come up with, but I don't like it at all! It doesn't represent our objectives as a committee for parties and events at all, IMO.

The monkey picture is essential, as it is what represents us - but how to make a cool logo out of it though?