Supporting more than 52,000 jobs and generating $1.47 billion in economic activity, North Texas’ arts industry continues to grow at exponential rates.
The Americans for the Arts released these findings in a new study titled “Arts & Economic Prosperity 5,” recognizing the North Texas region as the third-largest arts economy in the nation, behind the metro areas of Washington and Philadelphia.
The organization conducts research every five years to examine the effect nonprofit art and cultural industries have on city, county, and state economies. Although it examines 341 diverse communities and regions across the country, New York and Los Angeles did not participate in the study.
The total economic activity relating to “Dallas arts and culture” is up 277 percent compared to 2010, growing from $321 million to $891 million.
The study focused on the 2015 fiscal year, reporting that the “economic impact of the Dallas Arts District has tripled in five years, going from $128.6 million to $395.8 million,” according to The Dallas Morning News.
City of Dallas Office of Cultural Affairs Director Jennifer Scripps told The News that she’s pleased with these results. She said it shows that “more people are taking advantage of more artistic offerings, that it’s really part of life in Dallas now. So, the question becomes: ‘How do we build on this? How do we maintain the momentum?'”
Other findings include that the total economic activity relating to “Dallas arts and culture” is up 277 percent compared to 2010, growing from $321 million to $891 million, and all of North Texas’ jobs in the arts and cultural sector generated $1.3 billion in salaries.
IMAGES: File photos, Dallas-Fort Worth Relocation Guide; Photos courtesy of the organizations. Winspear courtesy of Nigel Young/Foster+Partners.