News

Arts and business news from around the country.

RSS

Businesses Are Looking Towards the Arts for Employee Engagement & Creativity, According to New Survey by The Conference Board & Americans for the Arts

Posted by Emily Peck
0 Comments

Only 28 percent of companies attempted to measure the business or societal impact of arts contributions

 

Friday, June 30, 2017

 

NEW YORK, NY — As employee engagement becomes a priority for companies, many of them are turning to the arts in an effort to fuel attraction and retention, according to Business Contributions to the Arts: 2017 Edition, published by The Conference Board and Americans for the Arts. Nearly 70 percent of companies surveyed responded that they offered board service opportunities at arts organizations for their employees, while 65 percent offered volunteer activities and 63 percent provided free or discounted tickets to arts events. However, measuring the business or societal impact of arts contributions continues to challenge most companies and their partners, as only 28 percent of businesses reported making an effort to measure these impacts.

 

“Engaged, creative employees who are encouraged to think in new, innovative ways are more likely to be productive and active in improving both the company and their own business skills,” said Robert L. Lynch, president and CEO of Americans for the Arts. “The arts build empathy, observation, and problem-identification and problem-solving skills, which translates to better customer service and a deeper understanding of the constituency.”

 

“Impact measurement has become increasingly important to the corporate philanthropy sector in recent years,” said Jonathan Spector, CEO, The Conference Board. “Our data shows, however, that measurement within the arts world has not advanced as successfully as other social causes. The benefits are clear, but companies and their arts partners need to become more sophisticated at demonstrating this in a business context.” 

 

Companies consider the arts to be important in building quality of life, stimulating creative thinking and problem solving, and offering networking opportunities and the potential to develop new business and build market share. As a result, arts organizations enjoyed a positive three years between 2013-2016 in terms of contributions from businesses, with the vast majority of companies either maintaining or increasing their arts support. 

 

The majority of arts contributions comes from philanthropy budgets—either foundations or corporate giving accounts. Ninety percent of companies reported giving to the arts through contributions budgets, but 41 percent of companies also supported the arts through marketing or sponsorship dollars, which can help to explain why there has not been a slowdown recently in overall contributions to the arts, as companies turn to the arts to support brand recognition and growth. 

 

Other findings from the report include:

 

  • More than half of respondents overall (53 percent) reported that arts support contributes to stimulating creative thinking and problem solving. Clearly, supporting the arts as a way to encourage creativity and innovation at companies is a growth area for arts and business partnerships.
  • Smaller companies demonstrated a greater interest in arts support than their larger counterparts. The percentage of arts giving in overall philanthropy budgets for small companies is approximately 20 percent higher than large companies.
  • Private sector funding could play an increasingly important role in getting resources to a sector that faces potential government cutbacks—the Trump Administration has threatened to cut the National Endowment for the Arts (NEA). In interviews, companies expressed an intention to increase their support of the NEA should these public funding decreases happen. In such a situation, companies expressed their intention to support arts at a local level.

 

About Business Contributions to the Arts: 2017 Edition

Since 1969, Americans for the Arts, through the Business Committee for the Arts (BCA), has been conducting the BCA National Survey of Business Support for the Arts. The survey looks at trends in support for the arts from small, midsize, and large US businesses. For the first time since the initial BCA survey in 1969, Americans for the Arts has partnered with The Conference Board to conduct the online survey, building on previous findings to examine trends in business support and employee engagement for the arts. The survey draws on 125 responses from companies that participate in corporate philanthropy, employee engagement, volunteer programs, or sponsorships. The survey was conducted in the fall of 2016 and asked for information based on corporate practices existing at the time of the survey compilation. 

 

In addition to the quantitative survey, Americans for the Arts contracted with Shugoll Research to conduct qualitative research to understand businesses’ attitudes about arts philanthropy among current arts donors. A total of 15, 20-minute in-depth telephone interviews were conducted with philanthropic decision-makers at businesses that donate to the arts. The interviews took place between February 9, 2017 and February 24, 2017. The decision-makers were recruited from lists provided by the BCA. Quotes from these interviews are included throughout this report.

 

Americans for the Arts serves, advances, and leads the network of organizations and individuals who cultivate, promote, sustain, and support the arts in America. Founded in 1960, Americans for the Arts is the nation’s leading nonprofit organization for advancing the arts and arts education. Additional information is available at www.AmericansForTheArts.org.

 

The Conference Boardcreates and disseminates knowledge about management and the marketplace to help businesses strengthen their performance and better serve society. Working as a global, independent membership organization in the public interest, The Conference Board conducts research, convenes conferences, makes forecasts, assesses trends, publishes information and analysis, and brings executives together to learn from one another. Additional information is available at www.conference-board.org

 

Contact:

 

The Conference Board

Jonathan Liu

212.339.0257

Jonathan.Liu@conferenceboard.com

 

Americans for the Arts 

Inga Vitols

202.371.2830

ivitols@artsusa.org

Related
Comments
blog comments powered by Disqus

More News

New David Rockefeller BCA pARTnership Award
Jan 08, 2018 0 Comments
Americans for the Arts announced today that the David Rockefeller Fund will invest in a four-year presenting sponsorship of the new David Rockefeller BCA pARTnership Award. Given annually, the award will honor a company and arts...
Go to full post
Nation's United Arts Funds Raise $85.5 million for the Arts in 2016
Jan 02, 2018 0 Comments
Throughout the summer of 2017, the Americans for the Arts Private Sector Initiatives department solicited responses to the FY2016 United Arts Fund Campaign Survey. Surveys were distributed to a total of 45 united arts funds by...
Go to full post
Nominate the Best Businesses Partnering with the Arts
Dec 11, 2017 0 Comments
CALL FOR NOMINATIONS: 2018 BCA 10 AWARDS Every year, Americans for the Arts through its Business Committee for the Arts, honors the 10 best businesses partnering with the arts in America. Submissions close January 19. ...
Go to full post
Award-Winning Examples of Companies Supporting the Arts
Nov 21, 2017 0 Comments
The arts are an economic driver. According to the Arts & Economic Prosperity study, released by Americans for the Arts, the nonprofit arts and culture industry generated $166.3 billion of economic activity during 2015, which...
Go to full post
BCA 10 Spotlight: AC Entertainment in Knoxville, Tennessee
Nov 14, 2017 0 Comments
Known as one of the foremost concert promoters and festival producers in the United States, AC Entertainment celebrates the arts by bringing first-class live entertainment experiences to music lovers from around the world. Founded...
Go to full post
BCA 10 Spotlight: Scholastic Inc., New York City
Nov 09, 2017 0 Comments
“Creative, innovative thinking, the hallmark of artists and writers, is fundamental to building economic strength, and new and better ways of seeing the world. The Scholastic Art & Writing Awards validates the creativity of students...
Go to full post
BCA 10 Spotlight: Duke Energy in Charlotte, North Carolina
Nov 07, 2017 0 Comments
“Duke Energy is committed to supporting the vitality of the communities we serve. That includes introducing our young people to the arts at an early age—study after study shows that children benefit immensely from exposure to...
Go to full post
BCA 10 Spotlight: Hallmark Cards in Kansas City, Missouri
Nov 02, 2017 0 Comments
At Hallmark Cards, art is an essential component of the company’s DNA. From its founding in the early 20th century, Hallmark has fostered creative environments both inside and outside the workplace, and has been particularly...
Go to full post
BCA 10 Spotlight: Bacardi in Coral Gables, Florida
Oct 31, 2017 0 Comments
“Supporting the arts within the cities and towns where we live and work is our way of giving back at Bacardi. This sense of corporate responsibility has been at our foundation since the Bacardi company was created more than 151...
Go to full post
BCA 10 Spotlight: Microsoft in Redmond, Washington
Oct 26, 2017 0 Comments
“Microsoft is honored to support arts and culture organizations across the U.S. and around the world, which provide so much richness to all of our communities.” -Lori Harnick, General Manager, Citizenship and Public Affairs...
Go to full post
BCA 10 Spotlight: Yum! Brands in Louisville, Kentucky
Oct 24, 2017 0 Comments
“At Yum! Brands, we believe in the power of the arts to educate, inspire and empower all students, especially those who are classified as ‘at-risk’.  Working with our local Fund for Arts organization we created the Yum! Family...
Go to full post
BCA 10 Spotlight: Turner Broadcasting System in Atlanta, Georgia
Oct 20, 2017 0 Comments
“Turner Voices, our company’s signature corporate philanthropy program, marries our deep ties to our Atlanta hometown with our commitment to next-generation storytellers and their power to impact our community in profoundly positive...
Go to full post
It’s a Celebration! The 2017 BCA 10 Gala: Best Businesses That Partner with the Arts
Oct 19, 2017 0 Comments
On October 11th, business and arts leaders gathered at the iconic Central Park Boathouse in New York City to honor the best businesses partnering with the arts in America at the annual BCA 10 Awards. Now in its 13th year, this...
Go to full post
BCA 10 Spotlight: AutoZone, Inc. in Memphis, Tennessee
Oct 18, 2017 0 Comments
"Even as AutoZone has evolved over the last 36 years, we’ve maintained a steadfast commitment to our hometown of Memphis, Tennessee. Leadership and active participation in our region’s arts and culture are essential to community...
Go to full post

Already a partner?

Already a partner?

Learn easy ways to take your partnership to a new level.

Use our ads locally

Use our ads locally

View The pARTnership Movement ad campaign and find ways to use the ads.

pARTnership videos

pARTnership videos

Watch and share our videos from The pARTnership Movement.

Partnership ideas

Partnership ideas

Inspire employees with tickets to the ballet or a concert.

Are you an arts group?

Are you an arts group?

Get listed in our searchable directory.

Recruit talent

Recruit talent

Employees want to live and work in a vibrant community.