Arts and Economic Prosperity III
The Economic Impact of Nonprofit Arts and Culture Organizations and their Audiences
2007, Americans for the Arts, 1000 Vermont Avenue, NW, 6th Floor, Washington, DC 20005, 202-371-2830, www.americansforthearts.org
Download pdf: www.artsusa.org
This recent study from Americans for the Arts documents the economic impact that nonprofit arts organizations and their audiences have on their communities. The study features organizations in 156 communities and regions from every state in the U.S. It reports that America's arts industry generates $166.2 billion in economic activity every year, supporting 5.6 million jobs and creating $29.6 billion in government revenue. It also reports that the arts industry grew 23 percent between 2000 and 2005, and that arts organizations contribute substantially to their business communities as well, by generating a significant amount of event-related spending (restaurants, parking, retail, hotels, etc.). The research shows that nonprofit arts and culture industry is an economically sound investment. The report has been published in three forms, brochure with study highlights, summary report with background, scope and methodology, and national report with data tables and survey instruments.