The Arts Mean Business for Oklahoma!
Oklahomans for the Arts Announces Results of National Study of the Economic Impact of Spending by Nonprofit Arts and Culture Organizations and Their Audiences
Oklahoma's arts and culture nonprofits generated direct economic activity of $872,830,632 in Fiscal Year 2015.
The Arts Mean Business. This is the message delivered by the Arts & Economic Prosperity Report just released by Oklahomans for the Arts and its state partners.
Arts & Economic Prosperity 5 (AEP5) changes the conversation about the arts. Investing in the arts means investing in an industry that continues to provide community and economic benefits across Oklahoma.
Spending by the arts and culture industry and their audiences supports 29,165 jobs in Oklahoma. The industry generated $46,397,000 in State and $38,107,000 in Local Government revenue.
44% of that $872,830,632 came from out-of-town audiences. The study showed that out-of-town audiences spend 3x more than resident audiences - a boon to local economies.
The AEP5 report makes clear that the arts mean business for Oklahoma. Investment in the nonprofit arts and culture sector is a sound use of public money that improves the economic and cultural health of Oklahoma communities.
In addition to the statewide numbers, Alva, Guthrie, Norman, the Greater OKC Metro, Ponca City, and the Greater Tulsa Metro received full customized reports on the economic impact of the arts in their community. See all the reports here: www.ok4arts.org/economy