Study Shows Local Arts Generate Over $51M in Economic Activity

In a national initiative organized by Americans for the Arts (AFTA), Princeton was selected as one community of 182 regions studied for the 2011 Arts and Economic Impact Study IV. Results were released at the annual AFTA convention in San Antonio on June 8, 2012. Data captured from 16 eligible Princeton non-profit arts and cultural organizations and more than 800 attendees of arts and cultural events demonstrate that the arts are a major economic force with undeniable local impact.

Key findings show that the non-profit arts and culture industry in Princeton:

  • Generates $51.3 million in local and regional economic activity
  • Supports 2,097 full-time equivalent jobs
  • Delivers $5.6 million in local and state revenue (in taxes and fees)
  • Generates revenues more than 5 times the national average, ($9 million for a population of less then 50,000)

Participating Arts and Culture Organizations:

  • American Repertory Ballet and Princeton Ballet School
  • Arts Council of Princeton
  • Greater Princeton Youth Orchestra
  • Guild for Early Music
  • Historical Society of Princeton
  • McCarter Theater
  • Morven Museum & Garden
  • Opera New Jersey
  • Princeton Girlchoir
  • Princeton Public Library
  • Princeton Symphony Orchestra
  • Princeton University – Lewis Center for the Arts
  • Princeton University Art Musuem
  • Princeton University Concerts
  • The Princeton Festival
  • Westminster Choir College of Rider University