We all know the intangibles of the arts. It helps us educate our children. It helps inspire the soul. It brings beauty and joy into our lives. It simply makes us better as a person and as a people.
But there are certainly some tangibles as well, and a recently released study shows just how valuable the arts are in Charleston. Americans for the Arts, a national nonprofit arts advocacy group, has released the Arts & Economic Prosperity 5 study.
A release by the City of Charleston Office of Cultural Affairs shared the numbers.
“The arts are an engine of economic growth, tourism, and employment. The nonprofit arts and culture industry generates $186,525,751 in annual economic activity in Charleston, SC—supporting 6,744 full-time equivalent jobs and generating $19,088,000 in local and state government revenues, according to the Arts & Economic Prosperity 5 national economic impact study,” the release stated.
To put that in perspective: If “the arts” were a private company, we’d be the second largest employer in the area, second only to Boeing. That’s no small feat.
To learn more about the study and see just how incredibly valuable the arts are to our economy, visit: http://charlestonarts.org/connect/cultural-planning/