Each year, the U.S. nonprofit arts industry generates $134 billion in economic activity, claims a report issued by national art advocacy group Americans for the Arts. According to the group’s June 2002 study, Arts & Economic Prosperity: The Economic Impact of Nonprofit Arts Organizations and Their Audiences, that figure includes $24.4 billion in federal, state, and local tax revenues; $53.2 billion in spending by nonprofit arts organizations; and $80.8 billion in event-related spending by arts audiences. Taxes aside, that breaks down into the equivalent of 4.85 million full-time jobs and $89.4 billion in household income. The findings of the report are based on surveys of 3,000 nonprofit arts organizations, as well as interviews with more than 40,000 attendees at arts events in 91 cities in 33 states, plus the District of Columbia.

Also included with the findings are:

  • The Arts & Economic Prosperity Calculator, a tool that allows organizations (and entire communities) to estimate the economic impact of their expenditures;
  • A powerpoint presentation on the economic benefits of art;
  • A summary of the findings for the 91 Partner Communities
  • Detailed data tables and survey instruments; and
  • A list of the 91 Partner Communities grouped by population category

(Photo above: Public art in action)

Report Says Arts Nonprofits Generate $134 Billion in Activity was last modified: March 6th, 2012 by Project for Public Spaces
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