Arts and Economic Impact
- On 03 November 2012
The Economic Impact of Nonprofit Arts and Cultural Organizations and Their Audiences.
The Arts and Economic Prosperity IV study was conducted by Americans for the Arts.
“Arts & Economic Prosperity IV provides compelling new evidence that the nonprofit arts and culture are a significant industry in the State of Connecticut—one that generates $653 million in total economic activity. This spending—$455.5 million by nonprofit arts and culture organizations and an additional $197.5 million in event related spending by their audiences—supports 18,314 full-time equivalent jobs, generates $462.5 million in household income to local residents, and delivers $59.1 million in local and state government revenue. This economic impact study sends a strong signal that when we support the arts, we not only enhance our quality of life, but we also invest in the State of Connecticut’s economic well-being.”
The Cultural Alliance of Western Connecticut partnered with the Cultural Alliance of Fairfield County for a year long study in 2011 to help measure the Impact of Arts and Culture on Jobs and the Economy in Fairfield County. A project of CAFC and the Americans for the Arts, our role was to identify and conduct survey's focused on the eight towns in upper Fairfield County. We were happy and proud to partner and contribute to this project.