Americans for the Arts has recently published a new study, Arts & Economic Prosperity III. The study showed that nationally, the nonprofit arts and culture industry generates $166.2 billion in economic activity every year—$63.1 billion in spending by organizations and an additional $103.1 billion in event-related spending by their audiences.
The study is the most comprehensive study of the nonprofit arts and culture industry ever conducted. It documents the economic impact of the nonprofit arts and culture industry in 156 communities and regions (116 cities and counties (including Westchester), 35 multicounty regions, and five states), and represents all 50 states and the District of Columbia.
One of the regions studied was Westchester County. The study shows that our nonprofit arts and culture sector is a significant industry —one that generates $119.88 million in local economic activity, supports 3,779 full-time equivalent jobs, and delivers $17.6 million in local and state government revenue.
Yonkers itself did not participate in this study, but somebody needs to get this information over to Mayor Amicone pronto!
READ THE FULL STUDY
SEE THE WESTCHESTER ARTS COUNCIL SUMMARY
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