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

        GEWKC adds full day of Spanish programming to serve growing community of entrepreneurs

        By Tommy Felts | November 18, 2024

        Editor’s note: This story was originally published by Missouri Business Alert, a member of the Kansas City Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, Kansas City PBS/Flatland, and The Kansas City Beacon. Click here to read the original story. Para leer una versión de esta historia en español, haga clic aquí. When Ana…

        Young mom’s apparel for crawling babies wins best fit for UMKC Side Hustle Challenge

        By Tommy Felts | November 15, 2024

        Riley Rhoads knows firsthand how overwhelming it is to shop for baby clothes, the University of Missouri-Kansas City student and new mother shared, so she created a product to help fellow moms. Hold Tight Baby — Rhoads’ venture that earned her first place at UMKC’s Side Hustle Challenge — makes pants for crawling babies. The…

        Investor market turns Midwest conservative: ‘Everyone here is feeling a changing landscape’

        By Tommy Felts | November 15, 2024

        After years of soaring valuations across the startup scene, venture firms like M25 are observing a shift to more risk-averse investors and stricter examinations of even the most-exciting company’s worth, said Abhinaya Konduru. “We’re seeing a new normal,” said Konduru, a principal on the influential Chicago-based M25 team and a panelist at Thursday’s MidxMidwest event…

        Power & Light: $10M in Live! Block upgrades planned before downtown’s Big 12 ‘opening day’

        By Tommy Felts | November 14, 2024

        The Kansas City Live! Block in the Power & Light District — a place KCMO Councilman Crispen Rea calls the living room of Kansas City — is set for a $10 million upgrade, local business and civic leaders announced Thursday. Key updates also target the popular District nightclub Mosaic. “It’s become an engine that generates…