Released in June
2017, the Arts & Economic Prosperity 5 is report documents the
economic impact of the nonprofit arts and cultural industry.
Conducted by Americans for the Arts,
the nation's nonprofit organization for advancing the arts in America,
Broward County was one of 341 study regions across the country.
Arts & Economic Prosperity 5 (AEP5)is the most comprehensive economic impact study of the nonprofit arts and culture industry ever conducted.
The Arts & Economic Prosperity 5 study provides compelling evidence that the nonprofit arts and culture sector is a $414.2 million industry in Broward County.
This industry supports 11,078 full-time equivalent jobs and generates $40.1 million in revenue for local and state government.
They spent 148m in 2015, leveraging $265.7m additional spending by
their audiences; spending that pumped vital revenue into restaurants,
hotels, retail stores, parking garages, and other local businesses.
Economics of Art Event
On the evening of Thursday,
December 14, 2017, Randy Cohen – Vice President of Research and Policy for Americans for the Arts –
will address the $414 million impact of the nonprofit arts and culture industry
on Broward County’s economy. Read More >
Arts Mean Business
The impact of spending by nonprofit arts and cultural organizations
in Broward County is far reaching: they pay their employees, purchase
supplies, and acquire assets within the local community.
Whether serving the local community or out-of-town visitors, a vibrant arts and culture industry helps local businesses thrive.
The impact of spending by nonprofit arts and cultural
organizations is far reaching. 63% of nonresident survey respondents
indicated that the primary purpose of their visit to Broward County was
“specifically to attend this arts/cultural event.”
Cultural Division on social media
for the Arts on social media