Report: KC artists have spurred hundreds of millions for the region

June 20, 2017  |  Meghan LeVota

The Kauffman Center. Photo by Startland News.

It’s no secret that art has an impact on the heart and soul.

But in Kansas City, art also has a significant impact on the economy.

The art industry added a total of $276 million to the metro’s economy in 2015. The figure is a slight increase from the 2010 figure, according to a report from Americans for the Arts.

These findings come from the annual Arts & Economic Prosperity Study by the Americans for the Arts.

ArtsKC CEO Dana Knapp said a vibrant arts industry helps businesses and communities thrive across the region, benefiting many other industries.

“The study confirms that the regional industry has recovered from the economic downturn and is on an upward trajectory,” Knapp said. “Understanding the importance of the arts in our region is imperative for the advancement of our creative sector growth and the accompanying jobs, out of regional tourism and the quality of life for our citizens.”

Although the overall economic impact of art in Kansas City has not changed significantly, the nature of the spending did.

Area nonprofit arts and culture organizations saw a 69 percent increase in spending from 2010 to 2015, with a total of about $180 million. In 2010, most of the spending was on one-time capital investments infrastructure. This isn’t surprising, seeing as how the Kauffman Center for the Performing Arts opened in 2011.

Kansas City audiences increased their spending by 40 percent, with $96.6 million spent in 2015. Aside from ticket costs, the average patron spends an additional $25 per person. This includes items like food, drink and transportation.

The metro generated 8,970 full-time jobs in the art industry in 2015, up from 8,346 in 2010. The industry is also responsible for an increase in state and local government revenue, which reached $24.6 million in 2015.

Knapp credits the increase in economic impact to the profound community investment given to art facilities and organizations over the past 15 years.

“The increase in organizational expenditures and audience expenditures illustrates the return on that (community) investment,” Knapp said. “The most exciting aspect (of the report) is the increase of overall impact from 2010 and 2015,  nationwide and in our region. We can always work harder to communicate the importance of the arts industry to our region, our participation in this study will assist ArtsKC and our partners in that communication.”

The report represents five counties in the greater Kansas City metro area and includes data from over 130 local organizations.

In October, ArtsKC is teaming up with Americans for the Arts, the Arts Council of Johnson County and the City of Kansas City, Mo. to present more in-depth regional findings. Held at the Kauffman Foundation, vice president of research and policy at AFTA Randy Cohen will visit and share insights behind the report.

Nationally, the economic impact of the arts was $166.3 billion on 2015. The most notable increase was the money spent by arts audiences, which increased to $102,500 billion from $74,100 billion in 2010.

To read the full report, click here.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged
Featured Business
    Featured Founder

      2017 Startups to Watch

        stats here

        Related Posts on Startland News

        One Kansas City startup survives national Kauffman contest

        By Tommy Felts | October 26, 2016

        After about a month of public deliberation, the 1 in a Million pitch competition has narrowed participating startups down to a top five — and one hails from Kansas City.  Although five area companies advanced to the top 40, The Grooming Project is last startup standing from Kansas City. A panel of Kauffman fellows will…

        Not in Kansas anymore: Mycroft opens Kansas City, Silicon Valley offices

        By Tommy Felts | October 26, 2016

        Editor’s note: This content is sponsored by LaunchKC but independently produced by Startland News. After a recent seed round that was topped off with a $50,000 LaunchKC grant, artificial intelligence startup Mycroft is moving from Lawrence to the City of Fountains. Mycroft — which developed an open-source, artificial intelligence device similar to Amazon Echo — not…

        AOL founder Steve Case says innovators must become policy savvy

        By Tommy Felts | October 25, 2016

        Get familiar with public policy or your company will get left behind. That was the forward-looking message that AOL founder Steve Case had for a group of about 200 investors and entrepreneurs at the 2016 Kauffman Fellows summit in Kansas City. Now the CEO of Revolution, Case argued that investors, entrepreneurs and policymakers will have…

        Venture capitalist Keith Harrington opens up on KC investment culture

        By Tommy Felts | October 25, 2016

        For most of the 200 Kauffman Fellows attending the Reunion VC Summit, it is their first time visiting Kansas City. To help them get a taste of the metro’s entrepreneurial ecosystem, Keith Harrington, Kauffman fellow and partner at Kansas City-based Fulcrum Global Capital, presented some cultural highlights at the summit Tuesday. Like many Midwestern cities,…