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HomeEconomic Impact of the Arts (2010)

 

    Economic Impact of the Arts

 

 

The data presented on this page was developed through significant studies executed by the Americans for the Arts over a number of years. This data is reported and discussed in the Arts & Economic Prosperity IV Report (2010). A summary of the report (24 pgs) or a brochure with highlights from the report, as well as the full report (300 pgs) are available for download from the Americans for the Arts website at www.americansforthearts.org. NDEO's summary of key points from the report are provided below.

 

 

 


Economic Impact of the Nonprofit Arts and Culture Industry

Nationally, the nonprofit arts and culture industry generates $135.2 billion in economic activity every year -- $61.1 billion in spending by organizations and an additional $74.1 billion in event-related spending by their audiences. The impact of this activity is significant, supporting 4.1 million U.S. jobs and generating $22.3 billion in government revenue.

   
Economic Impact of the Nonprofit Arts & Culture Industry
(expenditures by organizations and audiences)

 

Total Expenditures                 

$ 135.2 billion 

Full-Time Equivalent Jobs

   4.13 million

Resident Household Income

$ 86.68 billion

Local Government Revenue $ 6.07 billion
State Government Revenue $ 6.67 billion
Federal Income Tax Revenue $ 9.95 billion

 

 
Growth of the Nonprofit Arts and Culture Industry

 

A study-to-study comparison should be made cautiously between 2005 & 2010; it is clear that the economic forces that effected all industries in 2010 impacted the nonprofit arts as well.  This is the most recent report of economic activity in the arts that is available.

 

 

Economic Activity of the Nonprofit Arts & Culture Industry
(expenditure by organizations and audiences)

 

 Year Organization's
Expenditures
Audience
Expenditures
2010 $61.1 billion $74.1 billion
2005 $63.1 billion $103.1 billion

 

 

 

Contributions to the Business Community

 

Nationally, the nonprofit arts and culture sector contribute to the business community as employers, producers, consumers, and members of chambers of commerce. As a business themselves, nonprofit arts and culture organizations contribute to cities and regions through marketing and promotion. Nationally, in 2010, spending by the arts and culture sector was estimated at $61.1 billion which supported 4.13 million full-time equivalent U.S. jobs and provided $47.5 billion in household income and generated $10.2 billion in total government revenue.

 

 

 

 

























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