The economic impact that the arts has on the community can be measured by the amount spent by the non-profits arts organization, and the money spend by the audience that attends a given event. Jobs are created in the arts based upon the total expenditures from both the arts organizations and its audience. The local and state government also receives revenue from license fees, taxes, etc. from individual arts organizations. Americans for the Arts created an Arts and Economic Prosperity Calculator that serves as a useful tool to estimate the economic impact of non-profit arts and culture organizations and their audiences.
According to the Creative Industries Report from 2011(current at of 1/11) prepared by Americans for the Arts, there are annual statistics that outline the impact the “creative industries” have on the State of Ohio. Here’s a snapshot:
- Ohio is home to 23,096 arts-related businesses that employ 87,714 people.
- The creative industries account for 3.62 percent 3.62 percent of the 638,243 total businesses located in Ohio and 1.63 percent of the 5,392,162 total people they employ.
- They employ a creative workforce, spend money locally, generate government revenue, and are a cornerstone of tourism and economic development.
(photo: Flickr:MITO SettembreMusica)
Created On: 12/20/2011
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