Economic Impact of the Arts

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Phone: 540-943-9999
Economic Impact of the Arts

From major metropolitan areas to small rural towns, research shows that the nonprofit arts and culture industry is an economically sound investment. It attracts audiences, spurs business development, supports jobs and generates government revenue. Locally as well as nationally, the arts mean business.

Turning Around Downtown: Twelve Steps to Revitalization

From the Brookings Institution. Highlight: “Downtown revitalization requires a high degree of cooperation and is best achieved when a unique private/public process is used.”

Another community finds investment in arts pays dividends

The money that pours into local arts events has the Greater Morgantown economy humming to the tune of $4.1 million according to a study commissioned by Arts Monongahela. The year-long research project, conducted by the West Virginia University Bureau of Business and Economic Research, surveyed arts patrons from July 2005 to June 2006 to see where they came from and how much they spent. Seventeen non-profit arts organizations participated representing the diversity of arts that flourish here in Morgantown: theatre, dance, visual and literary arts.

More than 60,000 individuals attended 121 arts events in Monongalia County during the survey period. The study estimated that these arts patrons spent more than $2.8 million in tickets, at restaurants, and retail businesses generating a total economic impact of $4.1 million. The study found the average visitor spent $51.16.

WDDI Economic Impact

Waynesboro Downtown Development, Inc.
Position Statement
Wayne Theatre Alliance Funding
May 2007

“Attendance at arts events generates related commerce for local businesses such as restaurants, parking garages, hotels and retail stores. Data collected from 94,478 attendees at a range of events reveal an average spending of $27.79 per person, per event – in addition to the cost of admission. This spending generated an estimated $103.1 billion of valuable revenue for local merchants and their communities in 2005.”

“Nonprofit arts and culture organizations in the United states drive a $166 billion industry – a growth industry that supports 5.7 million full-time jobs and generates nearly $30 billion in government revenues annually. This study lays to rest a common misconception: that communities support arts and culture at the expense of local economic development. In fact, communities are investing in an industry that supports jobs, generates government revenue, and is the cornerstone of tourism.”

Arts & Economic Prosperity III, 2007
Americans for the Arts

Upcoming Events

Parks, Trails, & Events - Waynesboro's Next Economic Engine
Tue
14
Apr

Parks, Trails, & Events - Waynesboro's Next Economic Engine

Speaker
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7:00 pm
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Max Hatt/Edda Glass
Fri
17
Apr

Max Hatt/Edda Glass

Concert
:
7:30 pm
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Valley Dance: "Our Super Sweet Sixteen"
Sat
2
May

Valley Dance: "Our Super Sweet Sixteen"

11:00 AM & 3:00 PM
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:
11:00 am
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Valley Dance
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Little Shop of Horrors (May 8 -10)
Fri
8
May

Little Shop of Horrors (May 8 -10)

Matinees at 3:00 pm (Sat & Sun)
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:
7:00 pm
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Amadeus (film)
Mon
11
May

Amadeus (film)

Matinee at 2 PM
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Monday at the Movies
7:00 pm
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Salvation Army Benefit 2020
Tue
12
May

Salvation Army Benefit 2020

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7:00 pm
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Little Shop of Horrors (May 15-17)
Fri
15
May

Little Shop of Horrors (May 15-17)

Matinees at 3:00 pm (Sat & Sun)
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7:00 pm
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The Dirty Dozen (film)
Mon
18
May

The Dirty Dozen (film)

Matinee at 2 PM
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Monday at the Movies
7:00 pm
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Claire Lynch and Jim Hurst
Fri
29
May

Claire Lynch and Jim Hurst

Concert
:
7:30 pm
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Lady Fitz Sings the Blues
Sat
30
May

Lady Fitz Sings the Blues

Tribute to Billie Holiday
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7:00 pm
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Summer Camp: 101 Dalmatians KIDS
Mon
1
Jun

Summer Camp: 101 Dalmatians KIDS

June 1-5
Education
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9:00 am
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Summer Camp: Seussical JR Workshop June 1-5
Mon
1
Jun

Summer Camp: Seussical JR Workshop June 1-5

June 1-5
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1:00 pm
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