Tuesday, September 16, 2014     Volume: 15, Issue: 27
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Santa Maria Sun / Art

The following article was posted on March 27th, 2013, in the Santa Maria Sun - Volume 14, Issue 3 [ Submit a Story ]
The following articles were printed from Santa Maria Sun [santamariasun.com] - Volume 14, Issue 3

Study proves art attracts dollars

The Project of Americans for the Arts has released, as part of the Arts and Economic Prosperity IV study, the “Economic Impact of Nonprofit Arts and Culture Organizations and Their Audiences in Santa Barbara County, Calif.”

The report quantifies the effects of the arts on the local economy, showing that arts help spur economic growth. For instance, according to the study, nonprofit arts and cultural organizations in the county leverage $44.3 million per year in additional spending by arts and culture audiences, which helps support local restaurants, hotels, retail stores, parking garages, and other businesses.

More so, the study shows that the arts industry is a $124-million-a-year industry in the county. This supports as many as 3,587 full-time equivalent jobs with county resident household income topping at $78.52 million per year. The study hopes to prove, counter to preconceived notions, that the arts bring revenue rather than sap resources from county residents.