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

June 20, 2017  |  Meghan LeVota

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.

Tagged
Featured Business
    Featured Founder
      [adinserter block="4"]

      2017 Startups to Watch

        stats here

        Related Posts on Startland News

        ECJC relocates office, updates brand

        By Tommy Felts | May 1, 2015

        The Enterprise Center in Johnson County is shaking things up. The non-profit organization that connects entrepreneurs to the resources they need to grow revealed Thursday an updated website, brand identity, and new office location. “This move is the culmination of a long, strategic transition to ensure that as Kansas City’s entrepreneurial community changes, we change…

        Former Sprint COO LeMay dishes on KC capital, failure

        By Tommy Felts | May 1, 2015

        There are few people in Kansas City more connected into the area’s investor, corporate and startup community than FarmLink CEO Ron LeMay. Also now managing director of Kansas City-based OpenAir Equity Partners, LeMay frequently sees the successes and failures of the metro area’s capital landscape. The former Sprint COO recently spoke with dozens of Kansas…

        RFP365 partners with Kansas City, raises $950K

        By Tommy Felts | May 1, 2015

        On the heels of a six-figure raise, area tech firm RFP365 recently landed the City of Kansas City as a client for its software that eases the request for proposal process. The company’s deal with Kansas City was born from the city’s “Innovation Partnership” program, which affords entrepreneurs the opportunity to “test drive” their technologies…

        Study: Gov should take long-term approach to grow new businesses

        By Tommy Felts | May 1, 2015

        A recent study by the Ewing Marion Kauffman Foundation reports that while governments have long supported entrepreneurship, new business creation is waning. The study — Guidelines for Local and State Governments to Promote Entrepreneurship — found that new businesses comprised about 8 percent of all U.S. businesses in 2011, down from roughly 15 percent in the…