Arts Industry Returns $2,014,000 in Revenue to Local and State Coffers
WASHINGTON, D.C. – The nonprofit arts and culture industry generates $27,035,650 in annual economic activity in York County – supporting 846 full-time equivalent jobs and generating $2,014,000 in local and state government revenues, according to the Arts and Economic Prosperity 5 national economic impact study. The most comprehensive economic impact study of the nonprofit arts and culture industry ever conducted in the United States, Arts & Economic Prosperity 5 was conducted by Americans for the Arts, the nation’s leading nonprofit organization for advancing the arts
and arts education. Locally, and with a grant from Foundation of the Carolinas, Arts Council staff and volunteers spent a full year, Jan-Dec 2016 taking over 800 individual surveys at arts events across the county, and 13 arts organizations submitted operational income and expense reports that document those findings.
Arts Council executive director, Debra Heintz said, “The ARTS have a fundamental role in building healthy communities. 41% said they would go elsewhere if those arts events had not been available in our county. So, we can really see the pulling power of the arts. Public investment in the arts brings jobs, business, tourism and drives the economy - that is why your advocacy and support are so essential.
Nationwide, the Arts & Economic Prosperity 5 reveals that the nonprofit arts industry produces $166.3 billion in economic activity every year, resulting in $27.5 billion in federal, state and local tax revenues. In addition, it supports 4.6 million full-time equivalent jobs and generates $96.1 billion in household income.
“This study demonstrates that the arts are an economic and employment powerhouse both locally and across the nation,” said Robert L. Lynch, president and CEO of Americans for the Arts. “A vibrant arts and culture industry helps local businesses thrive and helps local communities become stronger and healthier places to live. Leaders who care about community and economic vitality can feel good about choosing to invest in the arts. Nationally as well as locally, the arts mean business.”
Arts Industry Boon for Local Business
In addition to spending by organizations, the nonprofit arts and culture industry in York County leverages $13.7 million in event-related spending by its audiences. As a result of attending a cultural event, attendees often eat dinner in local restaurants, pay for parking, buy gifts and souvenirs, and pay a babysitter. What’s more, attendees from out of town often stay overnight in a hotel. In York County, these dollars support 846 full-time equivalent jobs and generate $2 million in local and state government revenues.
The Arts & Economic Prosperity 5 study was conducted by Americans for the Arts and supported by The Ruth Lilly Fund of Americans for the Arts. Americans for the Arts’ local, regional, and statewide project partners contributed both time and financial support to the study. Financial information from organizations was collected in partnership with DataArts™, using a new online survey interface. For a full list of the communities who participated in the Arts & Economic Prosperity 5 study, visit www.AmericansForTheArts.org/AEP5Partners.
Visit the Arts Council’s website to see the full report and to provide imput: http://www.yorkcountyarts.org/aep5
The Arts Council is headquartered in downtown Rock Hill, a state-recognized cultural district. For more information on Arts Council events, contact the Arts Council of York County at 803-328-2787, by email at email@example.com, or visit our webpage at http://www.yorkcountyarts.org.