Thursday, February 16, 2012

The Arts: A Driving Force in Minnesota's Economy - A McKnight Foundation Study

A great overview of the important role that the arts play in our economy. A few quotes from the study's endpapers.

“Arts organizations play an important role in building and sustaining economic vibrancy in our local communities. They provide meaningful employment, spend money locally, generate revenue, and are a cornerstone of tourism and economic development. Investing in the arts is good policy and good business.” — Congressman James L. Oberstar

“This careful accounting shows that the modest public investments we make in Minnesota's arts centers and artists multiply through local economies, providing jobs for employees, sales for suppliers, and patronage for small proprietors. Minnesota's arts dollars leaven the creative economy in towns as tiny as New York Mills or Lanesboro and as large as the Twin Cities, accounting for the high proportion of artists in our midst and infusing artistic talent into business-building and community problem-solving.” ⎯ Ann Markusen, Economist, Professor and Director Project on Regional and Industrial Economics, Humphrey Institute of Public Affairs

Download the full report HERE.

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