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Results: Arts & Economic Prosperity IV
"We have always known that the arts and cultural organizations contribute to the quality of life, but the findings in the report show that the arts also significantly impact the economic vitality of our City," said Office of Cultural Affairs Director, Camille Love
The Economic Impact of Nonprofit Arts and Culture Organizations and Their Audiences in:
the City of Atlanta, GA
The Arts & Economic Prosperity IV study provides compelling new evidence that the nonprofit arts and culture are a $300 million industry in the City of Atlanta—one that supports 9,424 full-time equivalent jobs and generates $27.5 million in local and state government revenue.
Nonprofit arts and culture organizations, which spend $168.1 million each year, leverage a remarkable $131.9 million in additional spending by arts and culture audiences—spending that pumps vital revenue into local restaurants, hotels, retail stores, parking garages, and other businesses.
By proving that investing in the arts and culture yields economic benefits, Arts & Economic Prosperity IV lays to rest the misconception that communities support the arts and culture at the expense of local economic development. In fact, communities that support the arts and culture not only enhance their quality of life—they also invest in their economic well-being.
This report shows conclusively that the arts mean business in the City of Atlanta!
The impact of spending by nonprofit arts and culture organizations is far reaching: they pay their employees, purchase supplies, and acquire assets within the local community. Additionally, unlike most industries, the nonprofit arts and culture leverage significant event-related spending by their audiences. Whether serving the local community or out-of-town visitors, a vibrant arts and culture industry helps local businesses thrive.
About Americans for the Arts
Americans for the Arts is the leading nonprofit organization for advancing the arts in America. With offices in Washington, DC, and New York City, it has a record of more than 45 years of service. Americans for the Arts is dedicated to representing and serving local communities and creating opportunities for every American to participate in and appreciate all forms of the arts. Additional information is available at www.AmericansForTheArts.org.
About the Office of Cultural Affairs
The City of Atlanta Office of Cultural Affairs (OCA), a division of the Department of Parks, Recreation and Cultural Affairs, established in 1974, OCA encourages and supports Atlanta's cultural resources. In order to improve the social fabric and quality of life for Atlanta's citizens and visitors, the Office is committed to nurturing excellence and diversity in the city's artistic offerings.