Economic Impact Analysis

Photo: New Yorkled
Photo: New Yorkled

Arts organizations often have huge local impacts brought about by the spending of arts-motivated visitors, the labor-intensive nature of performing arts and museum exhibitions, and expenditures for local marketing, media and support services. ARA has helped many museums, film festivals, art shows, and tourist destinations obtain funding and other government support through analysis of the organization’s ongoing contribution to economic activity, job generation, and increased tax revenues. Our most recent economic impact study was for the New York Road Runners including the 2019 New York City Marathon.