ARTS & ECONOMIC PROSPERITY REPORT
The newly released Arts & Economic Prosperity 6 (AEP6) is an economic and social impact study of the nation’s nonprofit arts and culture industry. Building on its 30-year legacy as the largest and most inclusive study of its kind, AEP6 provides detailed findings on 373 regions from across all 50 states and Puerto Rico—ranging in population from 4,000 to 4 million—and representing rural, suburban, and large urban communities.
In 2022, nonprofit arts and culture organizations and their audiences generated $151.7 billion in economic activity—$73.3 billion in spending by the organizations, which leveraged an additional $78.4 billion in event-related spending by their audiences. The impact of this economic activity is far reaching, supporting 2.6 million jobs, generating $29.1 billion in tax revenue, and providing $101 billion in personal income to residents. AEP6 sends a strong signal that when we support the arts, we are investing in both economic and community well-being.
You can read the full national study findings here.
AEP6: LONG ISLAND'S IMPACT
Long Island's vibrant arts and culture scene significantly contributes to the region's economy and community well-being. Here are some key insights:
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Economic Contribution: In 2022, Long Island's nonprofit arts and culture sector generated $330 million in economic activity, accounting for approximately 0.44% of New York State's total arts and culture GDP of $75 billion. This activity supported 4,905 jobs and generated $81.2 million in local, state, and federal government revenue. Libn
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Audience Participation: Attendees at arts and culture events spend an average of $37.31 per person, per event, beyond the cost of admission. Non-local attendees spend even more, averaging $63.83 per person, per event, with 76% indicating that their primary reason for visiting was to attend the cultural event. Libn
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Community Impact: A significant majority of attendees recognize the value of arts and culture in their communities:
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87.2% consider cultural venues important pillars within their community.
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90.6% would feel a great sense of loss if these activities or venues were no longer available.
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91.8% believe that these activities inspire a sense of pride in their neighborhood or community.
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89.6% attend events to ensure that these activities or venues are preserved for future generations. Long Island Arts Alliance
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These findings highlight the integral role of arts and culture in Long Island's identity, economy, and social fabric. Engaging in cultural activities not only enriches individual lives but also fosters community cohesion, supports local businesses, and enhances overall quality of life.
ACTION ITEM:
Download and view the full, 60-page Arts & Economic Prosperity Study 6 report for Long Island.
Download the 2-page data summary for Long Island. Outlined in the document are the economic impacts of non-profit arts and culture sector spending, breakdowns of event-related spending, and the social impact of art and culture events on their audiences.
This calculator, specifically designed for Long Island, allows you to estimate your economic impact using two numbers: the total number of audience members and the total budget for your organization.
Download a list of the top 6 takeaways or talking points you can use from the data gathered during our 2022-2023 study. It’s only one page long.
Thank You To Our Cultural Partners:
Please join us in showing your gratitude for their support of this important initiative by completing the AEP6 survey at events they host this winter & spring across the Island:
