Arts Mean Business
Did you know that arts and culture in Guilford County have an annual economic impact of $162 million?
ArtsGreensboro recently announced new economic impact data showing that Guilford County’s nonprofit arts and culture industry generates $162.2 million in annual economic activity—supporting 5,963 full-time equivalent jobs, and generating $15,592,000 in local and state government revenues.
This economic impact study sends a strong signal that when we support the arts, we not only enhance our quality of life, but we also invest in Guilford County’s economic well-being.The most comprehensive economic impact study of the nonprofit arts and culture industry ever conducted in the United States, Arts & Economic Prosperity IV Arts & Economic Prosperity V is the most comprehensive economic impact study of the nonprofit arts and culture industry ever was conducted by Americans for the Arts, the nation’s leading nonprofit organization for advancing the arts and arts education.
“This study demonstrates that the arts are an economic and employment powerhouse both locally and across the nation. A vibrant arts and culture industry helps local businesses thrive and helps local communities become stronger and healthier places to live. Leaders who care about community and economic vitality can feel good about choosing to invest in the arts. Nationally as well as locally, the arts mean business.”
Robert L. Lynch, president and CEO of Americans for the Arts