Laserfiche WebLink
<br />812312006 <br /> <br />The Arts as an economic development tool <br /> <br />Resource for facts about the impact of the arts: <br />Minnesota Citizens for the Arts <br />www.mtn.org/mca/facts.html <br /> <br />Selected points from The Arts: A Driving Force in Minnesota's Economy <br />(2006) A study of the economic impact of the arts industry funded by The McKnight <br />Foundation. <br /> <br />Total economic impact of urban and rural arts organizations in Minnesota: $838,527,669 <br /> <br />The arts nonprofit industry supports 22,095 full-time jobs and generates $94.1 million in <br />local and state government revenue. "The Arts: A Driving Force in Minnesota's Economy <br />demonstrates that the arts and culture should be an essential piece of every community's <br />economic development toolbox." <br /> <br />Minnesota's arts and culture industry provides a return on investment of over $11 to $1. <br /> <br />"The nonprofit arts and culture industry is bringing new people.. . giving energy to <br />thriving tourism industries, and is an important economic driver in the regional <br />economies." The arts can be a valuable force in revitalizing downtowns. <br /> <br />"From Minnesota's population centers to small towns to rural areas, the nonprofit arts <br />and culture is clearly a driver in every region's economy." <br /> <br />The Arts are vital to a complete education: <br />Students who do not receive a comprehensive, sequential education in the arts are at a <br />disadvantage in the new economy. "The arts develop skills and habits of mind that are <br />important for workers in the 'new economy of ideas." -Alan Greenspan <br /> <br />Students of the arts continue to outperform their non arts peers on the SAT. SAT scores <br />for students who studied the arts were 82 points higher than students with no coursework <br />or experience in the arts. (College Entrance Examination Board, 2004) <br />