State’s arts growth adds jobs, revenue
The nonprofit arts and culture sector accounted for $131.2 million in economic activity in Northwest Arkansas during fiscal 2015, according to a study conducted by Americans for the Arts.
The Arts and Economic Prosperity study, conducted nationally every five years, also determined the art industry in Benton and Washington counties accounted for 4,647 full-time jobs and generated $14.3 million in local and state government revenue.
Nonprofit arts and cultural organizations in Northwest Arkansas spent $67.5 million during 2015, while audiences spent $63.7 million. The Walton Arts Center compiled data from 23 local nonprofit arts and cultural organizations. Patrons also were surveyed about their spending.
The Northwest Arkansas results were an increase from 2010 when the sector had a total economic impact of $45.5 million — $30.9 million spent by organizations and $14.6 million by audiences — and supported 1,488 fulltime jobs.
Nationally, the industry generated $166.3 billion of economic activity, supported 4.6 million jobs and produced $27.5 billion in government revenue.