How much do the arts positively impact the economy?
The arts drive economies. As Americans for the Arts note in their report Arts and Economic Prosperity III, investment in the arts translates to economic impact on restaurants, retail stores, hotels and other businesses frequented by arts patrons. The average amount spent on such businesses by local arts audiences is $27 above the price of admission to the art event; cultural tourists from outside the area spend an average of $19 to $40. Creating sustainable arts communities is good business.