- Meeting Date:
- 10/30/2012
- RE
- Flagstaff Cultural Partners - Arts and Economic Prosperity Study
- FROM:
- Karl Eberhard, Comm Design & Redevelopment Mgr
- Department:
- Economic Vitality
Information
TITLE
RECOMMENDED ACTION
INFORMATION
John Tannous, Executive Director of Flagstaff Cultural Partners, will present the Arts & Economic Prosperity IV study and discuss the implications for the City of Flagstaff. This study looked at the economic impact of nonprofit arts and culture organizations and their audiences in the City of Flagstaff, AZ. Arts & Economic Prosperity IV is the fourth study of the nonprofit arts and culture industry’s impact on the economy. This study uses four economic measures to define economic impact: full-time equivalent jobs, resident household income, and local and state government revenues. It indicates the following about the arts and culture industry in Flagstaff:
1. $73 Million industry.
2. Supports nearly 2,500 local jobs.
3. Generates $3.8 Million in local government revenue.
4. Audiences spend $30.92 per person (vs. $24.6 natonally).
5. Tourist audiences spend $22.8 Million in Flagstaff.
Local arts, science, and cultural organizations are supported by BBB revenues in the form of grants through Flagstaff Cultural Partners as a contractor for the City of Flagstaff. In addition, by contract, Flagstaff Cultural Partners serves as the coordinating agency for arts, science, and cultural programs, and provides long-range strategic planning, marketing and promotion, interagency coordination, and grant administration. This is an informational presentation only.
Attachments
Form Review
- Form Started By:
- keberhard
- Started On:
- 10/22/2012 07:52 AM
- Final Approval Date:
- 10/26/2012