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Volume 24, Number 5 — May 2017

Study Documents The Arts' Impact on Economy

Advocacy Tool Used to Justify Support for Organizations

May 23, 2007

Americans for the Arts has announced the release of Arts & Economic
Prosperity III (www.americansforthearts.org/economicimpact), the
organization's third study of the nonprofit arts and culture industry's
impact on the nation's economy.

These studies are the most potent and oft-cited advocacy tool used to
justify public and private sector support to nonprofit arts organizations.

This new study is the largest ever, featuring findings from 156 study regions
(116 cities and counties, 35 multicounty regions, and 5 states). Data were
collected from a remarkable 6,080 nonprofit arts and culture organizations
and 94,478 of their attendees across all 50 states and the District of Columbia.

THE ARTS MEAN BUSINESS

America's nonprofit arts and culture industry generates $166.2 billion in
economic activity every year — $63.1 billion in spending by organizations
and an additional $103.1 billion in event-related spending by audiences.

The national impact of the economic activity from America's nonprofit arts
and culture industry supports 5.7 million jobs and generates $29.6 billion
in government revenue.

Between 2000 and 2005, the nonprofit arts and culture industry grew 24
percent, from $134 billion to $166.2 billion.

Event related spending by the audiences of nonprofit arts and culture
organizations boasts an even greater increase of 28 percent — from $80.8
billion in 2000 to $103.1 billion in 2005.


MAKE AN IMPACT

— Arts & Economic Prosperity III Highlights Brochure

(http://ww2.americansforthearts.org/vango/core/orders/product.aspx?catid=5&prodid=717)

Make an impact the next time you are lobbying for increased funding for the
arts by proving that the arts mean business! This beautiful, eight panel
brochure presents the highlighted findings from the national report, and
works well as a "leave behind" piece. These brochures are priced to
go — perfect for any large meeting of stakeholders or advocates.

Americans for the Arts Member and Nonmember price: $1 (50 cents each for
orders of more than 10 and 25 center for more than 100)/ Product #: 100096
Order at ww2.americansforthearts.org/vango/core/orders/product.aspx?catid=5&prodid=715


— Arts & Economic Prosperity III Summary Report
(http://ww2.americansforthearts.org/vango/core/orders/product.aspx?catid=5&prodid=716)
For a more in-depth look at the national study, findings, and methodology,
order the 20-page Summary Report. Perfect advocacy tools for Board
Members, government officials, and other stakeholders.

Americans for the Arts Member price: $7.50 ($5 each for orders of more than 10)
Nonmember price: $10 ($7.50 each for orders of more than 10) Product #: 100095
Order at ww2.americansforthearts.org/vango/core/orders/product.aspx?catid=5&prodid=716

— Arts & Economic Prosperity III Full National Report
(http://ww2.americansforthearts.org/vango/core/orders/product.aspx?catid=5&prodid=715)
A complete copy of the report (more than 300 pages) which details the study
methodology and provides the complete findings for all 156 participating
communities.

Americans for the Arts Member price: $30.
Nonmember price: $40. Product #: 100094
Order at ww2.americansforthearts.org/vango/core/orders/product.aspx?catid=5&prodid=715

— Arts & Economic Prosperity III Package
(http://ww2.americansforthearts.org/vango/core/orders/product.aspx?catid=1&prodid=718)

This boxed set of the new Arts & Economic Prosperity III report contains
all the materials you'll need for your organization and its stakeholders.
From the full report to a good number of summaries and brochures to pass on
to others, you'll have the necessary information for Board Meetings,
community presentations, and other advocacy opportunities. The set contains:
1 Full Report
10 Report Summaries
50 Report Brochures

Americans for the Arts Member price: $75. Best deal — a 28 percent savings.
Nonmember price: $110. Product #: 100097
Order at ww2.americansforthearts.org/vango/core/orders/product.aspx?catid=1&prodid=718



DATES TO REMEMBER & UPCOMING SPEAKING ENGAGEMENTS

A series of release events and publications are planned for the upcoming
months, and a few key dates are listed below. Randy Cohen, vice president
of Policy and Research, will be traveling to many partner communities to
help promote their local findings.

Check out Americans for the Arts new blog, ArtsBlog, throughout the summer
months for tales of his trips entitled "On the Road to Prosperity," and entries
featuring the efforts of partner communities as they release their "Arts & Economic
Prosperity III" findings.

There are many national, statewide, and local events and publication
opportunities that follow in the ensuing months. Email research@artsusa.org
to see if any "Arts & Economic Prosperity III" events are planned in your community
or if you'd like to schedule an event.

"In my own philanthropy and business endeavors, I have seen the critical
role that the arts play in stimulating creativity and in developing vital
communities. As this study indicates, the arts have a crucial impact on
our economy and are an important catalyst for learning, discovery, and
achievement in our country."

- PAUL G. ALLEN

Philanthropist and Co-Founder, Microsoft