08/23/2012

AZ: Arts in Flagstaff Make $73M Impact

The 37 participating organizations pay employees, purchase supplies, contract for services and acquire assets within the community. Those dollars, in turn, generated $56 million in household income for local residents. The City of Flagstaff invests approximately $360,000 annually into nonprofit arts and science agencies; this report shows that its return on this investment equals $3.7 million annually in city and county tax revenue.

Audiences who attend arts and science events pump over $35 million into the local economy, with tourist audiences (attendees who live outside of Coconino County) accounting for nearly 65 percent of that total ($22.8 million). Data was tallied from 1,332 audience-intercept surveys collected at nonprofit arts, culture, and science events throughout 2011."

Flagstaff Business News 08/22/2012