Economic impact to Hillsborough County tops $387 million
In partnership with national nonprofit Americans for the Arts, Arts Council of Hillsborough County has released the findings for the local results of the sixth Arts & Economic Prosperity (AEP6) study.
Economic and social impact
Measuring the economic and social impact of nonprofit arts and culture organizations and their audiences, the main takeaways from the study include the following topics and economic impacts:
- Total Industry Expenditures -- $387,463,290
- Personal Income Paid to Residents working in the arts -- $260,142,550
- Local Tax Revenue (city and county) -- $11,242,603
- Total Event-Related Expenditures -- $234,390,974
Arts as an economic driver
The results put the role of the arts in Hillsborough County as an economic driver into perspective. The $53.68 per person per event spend is 40% higher than the national average of $38.46 and indicates that arts and culture drives commerce to local businesses. Additionally, the arts create livable communities and are crucial for the local economy, jobs, and businesses.
See the results
View local Hillsborough County summary results and full report and national survey results.
To learn more and for background information on the process for the 2022-2023 Arts & Economic Prosperity study, visit HCFL.gov/MakeArtCount.