| Follow Us: Facebook Twitter Youtube RSS Feed

Buzz

Report shows value of investing in arts and culture

Often, arts are the first thing to get cut when states, schools or municipalities are talking budget cutbacks. ArtServe has a new report out showing why that’s a bad idea, economically speaking.

Excerpt: The intrinsic value of arts and cultural organizations has long been recognized, but a new report reinforces what the sector has long trumpeted: They have significant economic impact, as well.

For every $1 the state invested in nonprofit arts and cultural groups in 2009, those organizations pumped more than $51 into Michigan's economy through spending on rent, programs, travel and salaries.

For the whole story, go here.

Source: Crain's Detroit Business
Signup for Email Alerts
Signup for Email Alerts