May 31, 2007
Arts Organizations Produce $166-Billion in Revenue
Nonprofit arts groups helped to produce $166.2-billion in economic activity in 2005, growing by 11 percent in inflation-adjusted dollars from five years before, says a new report.
Spending by arts and culture organizations themselves amounted to $63.1-billion, a 4-percent increase from 2000.
Spending on meals, hotels, and other activities by people who attend arts events jumped by 15 percent since 2000, reaching a total of $103.1-billion in 2005, says the report by Americans
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