Indianapolis’ nonprofit arts and culture industry generated nearly $524 million in direct economic impact to the city during a 13-month period between 2022 and 2023, according to Arts & Economic Prosperity 6 (AEP6), a new, comprehensive national study led by Americans for the Arts that evaluated 373 regions from all 50 states and Puerto Rico.
That economic activity–$286 million in spending by Indianapolis-based nonprofit arts and culture organizations and $238 million in event-related spending by their audiences –supported 7,478 jobs and provided $342.7 million in household income to residents. It also generated an additional $108 million in local, state and federal government revenue.
Indy Arts Council worked with Indianapolis nonprofit arts and culture organizations to survey audience members on-site at events between May 2022 and June 2023, as the sector continued to recover from the COVID-19 pandemic. The AEP6 report also examined local economic investments made by 96 Marion County-based nonprofit arts and culture organizations. The study did not include for-profit arts and culture organizations and venues.
“We are experiencing an exciting cultural renaissance in Indianapolis and this study affirms what we already know–that there is a significant return on public and community investment in arts and culture,” said Indy Arts Council President & CEO Julie Goodman. “Arts and culture are vital to the city’s economic growth, community identity, and quality of life.”