Economic Impact of the Arts

The arts are a vitally important economic industry, generating revenue, creating jobs and developing communities. Several resources below offer substantial research findings on the arts and economic development, from statewide economic impact studies to national reports.

National Studies

Arts and Economic Prosperity IV: Economic Impact of the Nonprofit Arts & Culture Industry

This is the most recent national study of the nonprofit arts and culture industry's impact on the economy by Americans for the Arts. The most comprehensive study of its kind ever conducted, it provides a quantifiable economic impact of nonprofit arts and culture organizations and their audiences. Using findings from 182 regions, including various Florida cities and counties, an input-output economic model is able to deliver national estimates.

The data reveal findings including:

  • The industry generated $135.2 billion of economic activity and $61.1 billion by the nation's nonprofit arts and culture organizations.
  • This economic activity supports 4.13 million full-time jobs and generates $86.68 billion in resident household income.
  • The arts and culture industry also generates $22.3 billion in revenue to local, state, and federal governments every year—a yield well beyond their collective $4 billion in arts allocations.

Arts and Economic Prosperity IV

State Studies

Florida: Creative Industries Profile

The profile presents the findings recent South Arts research about creative economies in the nine-state South Arts region. Included in the profile are statistics about nonprofit and for-profit creative industries establishments in Florida.

The data reveal findings including:

  • Florida is home to 29,735 creative industries establishments
  • Employees of these establishments receive more than $14 billion in annual payroll
  • These establishments generate $49.7 billion in annual revenues
  • These establishments represent 5.9% of all industry establishments in the state

Florida: Creative Industries Profile (pdf)

Creative Economies - southarts.org

Arts and Economic Prosperity III: The Economic Impact of Nonprofit Arts and Culture Organizations and Their Audiences in the State of Florida

The report presents the findings of a 2009 study measuring the economic impact of the nonprofit arts and culture industry in Florida. The statewide results were compiled as part of a comprehensive study by Americans for the Arts.

The statewide data reveals that Florida's nonprofit arts and culture industry generated $3.1 billion in economic activity, including:

  • 88,236 full time equivalent jobs
  • $2.057 billion in resident household income
  • $196 million in local government revenue
  • $249 million in state government revenue

Full Arts and Economic Prosperity III study (pdf, 614kb)

Economic Impact of Non-Profit Arts and Cultural Organizations on the State Economy of Florida

By William B. Stronge, Ph.D.

This study used 2007 data from the Quarterly Census of Employment and Wages to extrapolate from studies of seven counties already completed by the Americans for the Arts to the statewide totals. The study was sponsored in part by the Division of Cultural Affairs and members of the Florida Cultural Alliance.

Local Studies