Oklahoma Arts Council Releases Economic Impact Study
The Oklahoma Arts Council released findings today from a new study that shows the economic impact of the arts in Oklahoma. This report shows that the nonprofit arts and culture industry generated $314.8 million in local economic activity in the State of Oklahoma during 2008-2009.
“The arts mean business for Oklahoma,” said Suzanne Tate, executive director of the Oklahoma Arts Council. “As the official state agency for the support and development of the arts in Oklahoma, this study demonstrates what we see on a daily basis. Local communities that support the arts and culture reap the benefits through jobs, generate tax revenue and increased tourism.”
The findings from the study send a clear message: nonprofits arts and culture is a significant industry in Oklahoma. “This study provides evidence that when we support the arts, we not only enhance our quality of life, we also invest in the State of Oklahoma’s economic well being,” said Tate.
Highlighted from the study reveal:
• Oklahoma’s arts industry generates economic activity
• $314.8 million spent by organizations and their audiences
• Oklahoma’s arts industry supports jobs
• 10,156 Full-time equivalent jobs in Oklahoma
• Oklahoma’s arts industry generates household income
• $211 million paid to local residents in salaries, wages & entrepreneurial income
• Oklahoma’s arts industry delivers state and local revenue
• $29.4 million in local and state government from taxes and feesThe economic impact study was conducted by Americans for the Arts, the nation’s leading provider of studies that measure the economic impact of nonprofit arts and culture organizations and their audiences. Data was collected from 247 nonprofit organizations and through 2,781 audience surveys between November, 2008 and October, 2009.
The full report is available HERE on the Oklahoma Arts Council’s website.
Updated 02-08-2010
READER COMMENTS
