By Carol White, Associate Director of Operations –
On July 25, Jackson Arts Council’s Brad Little, Board President and Melinda Hearn, Executive Director announced the results of their AEP5 local study report to a crowd gathered at the Ned R. McWherter West Tennessee Cultural Arts Center in Jackson.
The results are exciting! The nonprofit arts and culture industry generates $4.7 million in annual economic activity in the City of Jackson—supporting 190 full-time equivalent jobs, and generating $3.1 million in household income for local residents and $381,000 in local and state government revenues, according to the study.
Results show that nonprofit arts and culture organizations spent $2.7 million during fiscal year 2015. This spending is far-reaching: organizations pay employees, purchase supplies, contract for services and acquire assets within their community.
The nonprofit arts and culture organizations also leveraged a $2 million in additional spending by cultural audiences—spending that pumps vital revenue into restaurants, hotels, retail stores, parking garages, and other local businesses.
The Commission congratulates the City of Jackson on driving economic impact through the arts.