'The Arts Factor 2014'

'The Arts Factor 2014'

For every one hundred thousand residents of Boston, there are fifty nonprofit arts and cultural organizations — more than in any other U.S. metro area — and, beyond the admission they charge, those organizations generate $450,000 in support of local businesses, a report from finds. According to the report, (16 pages, PDF), arts and cultural groups in the greater Boston area infuse nearly $1 billion into the local economy annually through direct spending while providing upwards of 26,000 jobs. In addition, the more than 4,000 arts organizations in the region offer free and reduced-price programs to over 7.7 million people a year. Funded by Bank of America, the report also found that the region's vibrant arts scene helps business leaders in multiple industries attract and retain a dynamic and creative workforce.