{"id":13708,"date":"2023-10-12T19:00:09","date_gmt":"2023-10-12T19:00:09","guid":{"rendered":"https:\/\/artsandscience.org\/?p=13708"},"modified":"2023-10-12T19:52:59","modified_gmt":"2023-10-12T19:52:59","slug":"groundbreaking-study-reveals-economic-and-social-impact-of-453-8-million-nonprofit-arts-and-culture-sector-in-charlotte-mecklenburg","status":"publish","type":"post","link":"https:\/\/artsandscience.org\/groundbreaking-study-reveals-economic-and-social-impact-of-453-8-million-nonprofit-arts-and-culture-sector-in-charlotte-mecklenburg\/","title":{"rendered":"Groundbreaking Study Reveals Economic and Social Impact of $453.8 Million Nonprofit Arts and Culture Sector in Charlotte-Mecklenburg"},"content":{"rendered":"\t\t
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Groundbreaking Study Reveals Economic and Social Impact of $453.8 Million Nonprofit Arts and Culture Sector in Charlotte-Mecklenburg<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Arts & Economic Prosperity 6 Study Centers Equity in Economic Research and Highlights Vital Role of Arts and Culture in Building More Livable Communities<\/em><\/h6>

CHARLOTTE, N.C. (Oct. 12, 2023) \u2013 The Arts & Science Council (ASC) today announced that Charlotte-Mecklenburg\u2019s nonprofit arts and culture industry generated $453.8 million in economic activity in 2022, according to the newly released Arts & Economic Prosperity 6<\/em> (AEP6)<\/a>, <\/strong>an economic and social impact study conducted by Americans for the Arts. That economic activity\u2013$217,865,355 in spending by nonprofit arts and culture organizations and $235,934,800 in event-related spending by their audiences supported 6,815 jobs and generated $81.4 million in local, state, and federal government revenue. Spending by arts and culture audiences generates valuable commerce to local merchants, a value-add that few other industries can compete with.<\/p>

Building on its 30-year legacy as the largest and most inclusive study of its kind, AEP6 uses a rigorous methodology to document the economic and social contributions of the nation\u2019s nonprofit arts and culture industry. The study demonstrates locally as well as nationally, arts and culture are a critical economic driver of vibrant communities.<\/p>

\u201cWe\u2019ve long understood the social benefits of arts and culture, from building community and strengthening pre-K-12 education to increasing social capital and improving health and wellbeing,\u201d said ASC President Krista Terrell. \u201cThis study not only drives home those values \u2013 it also underpins the economic argument for robust support of the arts and culture sector in Charlotte-Mecklenburg.\u201d\u00a0<\/p>

Nationally, the Arts & Economic Prosperity<\/em> 6 <\/em>(AEP6) study reveals that America\u2019s nonprofit arts and culture sector is a $151.7 billion industry\u2014one that supports 2.6 million jobs and generates $29.1 billion in government revenue.<\/p>

\u201cArts and culture organizations have a powerful ability to attract and hold dollars in the community longer. They employ people locally, purchase goods and services from nearby businesses, and produce the authentic cultural experiences that are magnets for visitors, tourists, and new residents,\u201d said Nolen V. Bivens, president and CEO of Americans for the Arts. \u201cWhen we invest in nonprofit arts and culture, we strengthen our economy and build more livable communities.\u201d<\/p>

AEP6 represents a reset from its previous versions, establishing a new benchmark in the AEP study series.<\/p>