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Orange County Arts Commission E- Newsletter Page 1 of 4 <br />Orange County Arts Arts Industry Boon Orange Co. Reports ExnloreChapelHilIARTS.com <br />Economic Impact » for Local Businesses & Sample Surveys » Online Arts Calendar! <br />I� <br />G <br />June ORANGE COUNTY ARTS 2012 <br />commissten <br />Orange County Arts Commission Orange Arts E- Newsletter <br />Arts Economic Impact in Orange County, NC <br />Orange County's Nonprofit Arts and Culture Industry Generates $85.4 <br />Million in Economic Activity and Supports 3,352 Jobs Annually According <br />to Americans for the Arts. <br />Arts Industry Returns $8.0 Million in Revenues to Local and State <br />Coffers. <br />WASHINGTON, DC - The nonprofit arts and culture industry generates $85.4 million in <br />annual economic activity In Orange County, NC - supporting 3,352 full -time equivalent jobs <br />and generating $8.0 million In local and state government revenues, according to the Arts & <br />Economic Prosperity /V national economic impact study. The most comprehensive economic <br />impact study of the nonprofit arts and culture industry ever conducted in the United States, Arts & <br />Economic Prosperity /V was conducted by Americans for the Arts (AFTA), the nation's leading <br />nonprofit organization for advancing the arts and arts education. <br />According to the study, nonprofit arts and culture organizations in Orange County, NC spent <br />$63.9 million during fiscal year 2010. This spending is far - reaching: organizations pay <br />employees, purchase supplies, contract for services and acquire assets within their community. <br />Those dollars, in turn, generated $55.6 million in household income for local residents and $5.4 <br />million in local and state government revenues. <br />"We're thrilled to have the proof that the arts repay the investment - they <br />create jobs and stimulate the economy, attract visitors and new residents, <br />and improve the quality of life for the community. On every level - local, <br />state, and national - the arts mean business!" said Martha Shannon, AMERICANS <br />Director of the Orange County Arts Commission, AFTA's local partner ARTS <br />for this study. <br />Nationally, the Arts & Economic Prosperity /V study reveals that the nonprofit arts industry <br />produced $135.2 billion In economic activity during 2010. This spending - $61.1 billion by <br />file://S:\Arts Commission\New OCAC Web Template\ 6889\ without_flash\html \e - newslett... 6/18/2012 <br />