Cultural Council of Palm Beach County

The Economic Impact of Nonprofit Arts and Culture Organizations and Their Audiences in Palm Beach County

The Arts & Economic Prosperity III study provides compelling new evidence that the nonprofit arts and culture are a $209.06 million industry in Palm Beach County—one that supports 4,812 full-time equivalent jobs and generates $19.42 million in local and state government revenue.

Nonprofit arts and culture organizations, which spend $117.11 million each year, leverage a remarkable $91.94 million in additional spending by arts and culture audiences - spending that pumps vital revenue into local restaurants, hotels, retail stores, parking garages, and other businesses.

By demonstrating that investing in the arts and culture yields economic benefits, Arts & Economic Prosperity III lays to rest the common misconception that communities support the arts and culture at the expense of local exonomic development. In fact, communities that support the arts and culture not only enhance their quality of life, they also invest their economic wellbeing.

This report shows conclusively that the arts mean business in Palm Beach County!

Click here to view the full Palm Beach County Report
 

The impact of spending by nonprofit arts and culture organizations is far reaching: they pay their employees, purchase supplies, and acquire assets within the local community. Additionally, unlike most industries, the nonprofit arts and culture leverage significant event-related spending by their audiences. Whether serving the local community or out-of-town visitors, a vibrant arts and culture industry helps local businesses thrive.