America’s nonprofit arts and culture industry generates $166.2 billion in economic activity yearly—$63.1 billion in spending by organizations, an additional $103.1 billion in event-related audience expenditure. This economic activity supports 5.7 million jobs and $29.6 billion in increased government revenue. Yearly. Between 2000 and 2005, event-related spending by arts audiences increased 28%— from $80.8 billion to $103.1 billion. Documented fact, it’s not chump change nor “pork”. Want to review the economic impact of event-related spending by arts audiences? Check out the Americans for the Arts’ Arts & Prosperity Calculator: www.americansforthearts.org.
When you attend an arts event, you’re ‘stimulating’ the economy and supporting local arts organizations and artists. Thank you, President Obama, for understanding.
Data sourced from 45 year old non-profit arts advocacy organization Americans for the Arts, from an independent study quantifying the impact of the non-profit arts industry on the US economy: www.AmericansForTheArts.org/EconomicImpact
Freelance arts journalist Alexandra Bonifield is a NEA/ Annenberg Fellow in theatre criticism and contributes regularly to THE Magazine, www.lakewood-now.net, and Dallas’ www.examiner.com.
She blogs at sjamaanka.wordpress.com.