Arts in McNairy Releases Economic Impact Data

In 2022-23 Arts in McNairy was a local study partner for Arts in Economic Prosperity 6 (AEP6), a nationwide survey of arts organizations, audiences. and patrons of the arts. The study measured economic impact of nonprofit arts agencies on the communities they serve.  Responses from event attendees were also gathered to reveal local attitudes about arts programs and the organizations who present them.

Not surprisingly, the individualized report for McNairy County showed tremendous economic impact by Arts in McNairy and other local arts partners. Arts programs created jobs and income for local families, retained and generated new tax revenues and enhanced cultural tourism. Key economic impact takeaways were:
  

• Creative Industry Expenditures in the Local Economy (FY2022)—$1,200,648
• Combined Income for Residents—$677,222
• Combined Tax Revenues Generated—$199,497
• Equivalent Job Creation—28 Jobs
• Total Event Attendance—29,025 (65% local, 35% Nonlocal)
• Event Expenditures—$736,528 ($25.36 per person/per event)

Locals and visitors alike reported placing a great sense of value and high levels of satisfaction with the community arts programs they attended. Those polled largely agreed that: 
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• “The venue/activity is a pillar of the community.” (76.3%)
• “It would be a great loss if the venue/activity were unavailable.” (79.8%)
• “The venue/event inspires community pride.” (84.6%)
• “My attendance ensures arts continue for future generations” (83.8%)

The report conclusively proves that Arts in McNairy and the artists supported by the organization's programs substantially contribute to community livability and are major players in the region's economic vitality. The full, detailed AEP6 report of findings may be viewed at the AFTA website here.