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Fort Worth arts organizations are an economic powerhouse

Posted Nov. 14, 2017

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Bass Hall
Fort Worth businesses that cater to cultural audiences profit from the rewards of economic activity at Bass Performance Hall and other venues.

The arts mean business. That’s the message being delivered by the Arts Council of Fort Worth, which presented the findings of Arts & Economic Prosperity 5, a national study measuring the economic impact of nonprofit arts and culture organizations and their audiences.

In 2015, the typical attendee to nonprofit arts events in Fort Worth spent $36.26 per person, per event, beyond the cost of admission on meals, transportation, babysitting and other event-related spending. Additionally, 2015 spending on the nonprofit arts sector in Fort Worth totaled $450.6 million. That includes $256 million in spending by the organizations themselves and $194.6 million in spending by audiences.

The arts support 14,480 jobs in Fort Worth, survey data indicated.

“Bottom line: The arts are not just food for the soul, they put food on the table,” said Randy Cohen, vice president of Americans for the Arts, a nonprofit organization for advancing the arts and arts education.

Arts & Economic Prosperity 5 is the fifth study over the past 20 years to measure the impact of arts spending on local jobs, income paid to local residents and revenue generated to local and state governments.

As one of 341 study partners, the Arts Council of Fort Worth collected detailed financial information about Fort Worth’s nonprofit arts and culture organizations such as its theater and dance companies, museums, galleries and arts education organizations.

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