The new national study is Arts & Economic Prosperity III: The Economic Impact of Nonprofit Arts and Culture Organizations and Their Audiences created by Americans for the Arts.

From the RACC press release

According to a new national study, 111 arts and culture organizations in Clackamas, Multnomah and Washington Counties collectively generated more than $318 million in local economic activity and supported more than 10,300 local, full-time equivalent jobs in fiscal year 2006.

Those organizations pumped over $166 million directly into the local economy in the form of employee wages, purchase of supplies and services, and acquisition of assets. Their audiences generated another $151 million of commerce with restaurant, hotel, parking and other expenditures related to attending arts or cultural events (not counting ticket purchases).

  • Complete Arts in Economic Prosperity III national report will be available some time in mid-June. When the time comes you can download it from here.

Check out the impact of your arts organization using this cute calculator.

This is valuable data for creating case statements with convincing arguments to fund the arts – for both municipalities, corporate donors and individual donors. The most significant direct beneficiary of arts funding? Restaurant owners.