The Business Value of Art.

It is estimated that the arts return $8 in economic output for every $1 in investment received. Economic value is measured as a better engaged and more productive workforce, a more stable and diversified workforce, a more vibrant and attractive community, a better-educated local population, and the number of tourist dollars flowing in from outside the community. If someone said: “You give me $1 and I’ll give you $8 back,” you’d think that was a pretty good deal, right?  Cutting subsidies to the arts is not just pound foolish, it’s counter-productive to job creation and regional economic vitality.

— Mark Travers