ECONOMIC IMACT STUDY OF THE NONPROFIT ARTS INDUSTRY

WHEREAS, Americans for the Arts conducted a benchmark study of the national economic impact of the nonprofit arts industry in 33 communities across the United States in 1993; and

WHEREAS, this 1993 economic impact study measured the expenditures of nonprofit arts organizations and found that the nonprofit arts industry generates $36.8 billion annually in economic activity and supports 1.3 million jobs -- from large urban to small rural communities; and

WHEREAS, it was found that the nonprofit arts industry annually returns $3.4 billion in federal income taxes, $1.2 billion in state government revenue and $790 million in local government revenue; and

WHEREAS, Americans for the Arts has begun work on a new national economic impact study entitled, The Arts and Economic Prosperity Study, which will provide first-time trend data on the size and impact of the nonprofit arts industry in 100 communities in America; and

WHEREAS, this new Arts and Economic Prosperity Study will be completed in 2002 and it will specifically measure both the direct impact and the indirect ancillary spending of nonprofit arts audiences in the United States;

NOW, THEREFORE, BE IT RESOLVED, that the United States Conference of Mayors urges mayors and their local arts agencies to participate in Americans for the Arts' important national economic impact study providing valuable local and national data on the size and impact of the nonprofit arts industry in communities and in the nation as a whole.

Projected Cost:
Unknown