The arts are a vitally
important economic industry, generating revenue, creating jobs and developing
communities. Several resources below offer substantial research findings
on the arts and economic development, from statewide economic impact
studies to national reports.
Released by the Florida Cultural Alliance in January of 2004, The
Economic Impact of Florida’s Arts and Cultural Industry
by William Stronge reports that the arts and cultural industry is one
of the fastest growing in the state.
Some
highlights are:
- Florida’s arts and cultural industry is one of the fastest
growing in the state. Its annual statewide economic impact has grown
from $1.7 billion in 1997 to over $2.9 billion and now supports over
28,000 full-time equivalent jobs.
- Florida’s arts and cultural organizations, which constitute
a small fraction of the state’s entire arts and entertainment
industry, expended $1.2 billion in FY 2001.
- Attendees at the programs and events of not-for-profit cultural
organizations exceeded 400 million in 2000-01. Audience participation
is significant because attendance at these events generates related
commerce for local businesses such as hotels, restaurants, and shops.
- An estimated 7 million out-of-state tourists visited Florida’s
cultural facilities or attended cultural events as a primary activity.
These “cultural” tourists spent $4.5 billion, adding $9.3
billion to the state's gross regional product and creating 103,713
full-time equivalent jobs with a payroll of $2.6 billion.
Return on Investment: Florida's Cultural, Historical and
Library Programs is an economic impact summary brochure
published by the Florida Department of State in 2005 which highlights not only
the economic impact of the arts but also the impact of our state's historic
preservation and libraries.
Return
on Investment Page 1 (pdf - 1,294 kb)
Return
on Investment Brochure Page 2 (pdf 1,173 kb)
The following local Florida communities have conducted their own economic
impact studies of the arts:
Jacksonville (Duval County)
www.culturalcouncil.org/support/economic-impact
Palm Beach County
https://www.trustedpartner.com/docs/library/000174/EconomicImpactReport2004.pdf
Tampa Bay (pdf)
http://www.pinellasarts.org/pdf/prosperity1.pdf
New England Foundation for the Arts has a creative economy initiative that covers the New England States
http://www.nefa.org/projinit/createecon/cei.html
Arts &
Economic Prosperity: The Economic Impact of Nonprofit Arts Organizations
and Their Audiences, released in 2002, is the most comprehensive
economic impact study of the nonprofit arts industry ever conducted. It
is based on surveys of 3,000 nonprofit arts organizations and more than
40,000 attendees at arts events in 91 cities in 33 states, plus the District
of Columbia. Several Florida communities are included in this report.
According to the report, America's nonprofit arts industry generates:
- $134 billion in economic activity every year, including $24.4 billion
in federal, state, and local tax revenues.
- The $134 billion total includes $53.2 billion in spending by arts
organizations and $80.8 billion in event-related spending by arts
audiences.
- The $53.2 billion represents a 45 percent increase (from $36.8 billion)
since 1992.
- The $80.8 billion in event-related spending by arts audiences reflects
an average of $22.87 per person in spending for hotels, restaurants,
parking, souvenirs, refreshments, or other similar costs-with non-local
attendees spending nearly twice as much as local attendees ($38.05
compared to $21.75).
- The $134 billion in total economic activity has a significant national
impact, generating the following: 4.85 million full-time equivalent
jobs.
- $89.4 billion in household income.
- $6.6 billion in local government tax revenues.
- $7.3 billion in state government tax revenues.
- $10.5 billion in federal income tax revenues.
The Cultural Policy
& the Arts National Data Archive (CPANDA) is a new,
interactive digital archive of data on the arts and cultural policy
in the U.S., available for research and statistical analysis, with data
on artists, arts and cultural organizations, audiences, and funding
for arts and culture.
The Foundation Center and Grantmakers in the Arts
recently released Arts Funding IV: An Update of Foundation
Trends, the most up-to-date analysis available of foundation
giving patterns for arts, culture, humanities, and media. The
study includes estimates of overall foundation funding for the arts
and finds that grantmakers support decreased 3.5 percent to an estimated
$4.05 billion in 2002, after peaking at an estimated $4.2 billion in
2001. "Highlights" from this report can be viewed at
www.fdncenter.org/research.
For more information about the report, call the Foundation Center at
(212) 620-4230, email: lr@fdncenter.org
at
Florida Cultural Alliance
National Assembly of State Arts
Agencies
National Endowment for the Arts
The
Role of the Arts in Economic Development
An issue brief published by the National Governor’s Association.
Cultural Initiatives
Silicon Valley
A major research initiative to develop quantitative measures of cultural
participation and creativity in the Silicon Valley region, in partnership
with the City of San José Office of Cultural Affairs, Americans
for the Arts and the Knight Foundation . The resulting publication of
the Creative Community Index includes more than 30 indicators designed
to gauge the health and vitality of cultural activities in our region
and the importance of creativity to the vitality of Silicon Valley.
The Arts & Economic Prosperity Calculator is a
free and simple tool that makes it possible for you to estimate the
economic impact of your nonprofit arts organization. Visit: http://www.artsusa.org/information_services/research/services/economic_impact/005.asp
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