The Arts & Economic Prosperity IV study provides compelling
new evidence that the nonprofit arts and culture are a $48 million
industry in the City of Boise-one that supports 1,602 full-time
equivalent jobs and generates $4.5 million in local and state
Nonprofit arts and culture organizations, which spend $22.7
million each year, leverage a remarkable $25.3 million in
additional spending by arts and culture audiences-spending that
pumps vital revenue into local restaurants, hotels, retail stores,
parking garages, and other businesses.
By proving that investing in the arts and culture yields
economic benefits, Arts & Economic Prosperity IV lays to rest
the misconception that communities support the arts and culture at
the expense of local economic development. In fact, communities
that support the arts and culture not only enhance their quality of
life-they also invest in their economic well-being.
This report shows conclusively that the arts mean business in
the City of Boise!
The impact of spending by nonprofit arts and culture organizations
is far reaching: they pay their employees, purchase supplies, and
acquire assets within the local community. Additionally, unlike
most industries, the nonprofit arts and culture leverage
significant event-related spending by their audiences. Whether
serving the local community or out-of-town visitors, a vibrant arts
and culture industry helps local businesses thrive.
& ECONOMIC PROSPERITY IV
& ECONOMIC PROSPERITY IV SUMMARY
JUNE 8, 2012 PRESS RELEASE
ECONOMIC PROSPERITY III
& ECONOMIC PROSPERITY II