Research
The ABAE participated in three national economy studies (AEP6, AEP5 and AEP4) led by Americans for the Arts, the nation’s leading nonprofit organization for advancing the arts and arts education. The Arts & Economic Prosperity (AEP)® report measures the economic impact of nonprofit arts and cultural organizations on local jobs, income paid to local residents, and revenue generated to local and state governments. The report, which is released every 5 years, examines many factors, including spending by organizations and audience, employment, and tourism. Here are some highlights from the most-recent study:
Economic
In Eugene, arts and culture generated nearly $124 million in economic activity, including spending by nonprofits arts and culture organizations together with audience spending. The arts also generated more than $30 million in local, state, and federal tax revenue.
Local
During the time of the most-recent study, the arts industry supported a total of 2,714 jobs in Eugene.
Audience
Audience spending injected $33.6 million into the community, not including ticket costs. These numbers include spending by event attendees for things like restaurant meals, parking, or childcare.
Area
Arts and culture events drew 149,683 visitors from outside Lane County. Nonresident attendees spent an average of 187% more per person than local attendees ($68.73 vs. $23.92). When a community attracts cultural tourists, it realizes significant economic rewards.
Value Of
A total of 3,831 volunteers donated 186,299 hours to Eugene’s 89 participating arts and culture organization, a donation of time estimated at $6 million.
How We
Spending by nonprofit arts and culture organizations in Eugene contribute $90 million to the local economy compared to a national median of $13 million in similarly sized cities. When the arts sector thrives, it supports the long-term economic health and livability of our community.
AEP TOOLKIT
You can use this toolkit to tell stakeholders, audiences, donors, and business partners about the local economic impact of the arts.
To learn more about the study, as well as their many other initiatives please visit Americans the the Arts.
