The Economics of Creativity

The findings of Brevard Cultural Alliance’s 2008 Economic Contribution of Nonprofit Arts and Culture study are remarkable!  Some of the highlights:

  • For every $1 of government support, the arts return $8.50 in tax revenue
  • An additional $22 million was generated indirectly in the local economy
  • The nonprofit arts and cultural industry supports 624 full- and part-time jobs
  • For every 3 of those 624 jobs, 1 additional job is created elsewhere in the area
  • For every $1 of cultural tourism development funding, the arts give back $27 in related spending by cultural tourists
  • During fiscal 2007, the nonprofit arts and culture industry contributed over $42 million to Brevard's economy
  • Almost 1 million people attended Brevard cultural events during FY 2007
  • The average Brevard County cultural attendee spent $20.80 per event
  • 20 percent of event attendees were cultural tourists; these non-local attendees spent an average of $38.17 per cultural event

 A cross-section of cultural activity is represented by the participating groups, including museums, music, dance, historical, literary, festivals, the Zoo, and performing arts venues. Twenty-eight Brevard cultural organizations participated in this study, which was commissioned by Brevard Cultural Alliance and conducted by Praecipio EFS, Inc., an economic, financial, and statistical consulting firm.

For a complete copy of the study, click here. 

For a copy of BCA's 990, click here.

 

Brevard Cultural Alliance is proud of its dedication to artists, arts organizations, schools, nonprofits, and to at-risk youth in Brevard.   An independent audit showed the following breakdown of BCA expenses:

                                                47%        Services to Community

                                                20%        Services to local Arts & Cultural Organizations

                                                14%        Services to Artists

                                                15%        Administration

                                                  4%        Fundraising

 

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National Endowment For The Arts

Brevard Cultural Alliance is sponsored in part by the State of Florida, Department of State, Division of Cultural Affairs,
the Florida Council on Arts and Culture, the Space Coast Office of Tourism, and the National Endowment for the Arts.