News

Arts and business news from around the country.

RSS

Part of the Value of Culture

Posted by Will Maitland Weiss
0 Comments
Part of the Value of Culture

Last Friday, a couple of Arts & Business Council of New York staff members attended a City Council hearing on how cultural organizations support New York City businesses, to help Councilman Jimmy Van Bramer, his City Council Committee on Cultural Affairs, and the Committee on Small Businesses in their effort to quantify the economic impact of and further connect arts and business.

 

Department of Cultural Affairs Commissioner Kate Levin was there and talked about the purchasing power of cultural organizations, particularly in terms of local spending in areas such as printing, catering, and equipment rentals.

 

Councilmember Van Bramer said, “Any time we cut the budget for cultural institutions, we are hurting small businesses.” Here’s what we said:

 

We all know why 51 million tourists come to New York.

 

We know that 6.3 million of them come to the Met Museum—so many, the Met is looking at opening seven days a week for the first time since 1971. There’s only one museum on earth that more people go to (the Mona Lisa is there), and no place on earth has the breadth and diversity of museums, and the breadth, depth, and impact of enrichment programs for public school children.

 

We know that Broadway always has been, is, always will be New York—more than 12 million attendees in 2011, more than $1 billion in ticket sales. How many other, smaller businesses are supported in and around the Great White Way?

 

We know that almost 200 movies and 140 TV shows were filmed in New York last year. It’s not just Woody Allen and Smash. This is where the top artists want to work, which creates 100,000 jobs for others behind the scenes, every one of whom shops, eats, spends (and pays taxes) in New York. Look at Buttercup and Kaufman Studios. Look at the expansion plans for Steiner Studios.

 

We know the economic impact figures for New York State are $25 billion a year, and 200,000+ jobs…or maybe it’s twice that by now (those are the Alliance for the Arts figures from 2005)? The most recent Municipal Art Society/Cultural Data Project figures from just 1,325 of the nonprofit culturals show 120,000+ people employed and over $5 billion in direct expenditures—just from the nonprofits.

 

What we really know is that we don’t know how many incorporated arts nonprofits (more than 1,500), how many artists, how many creative industries, how many creative people there are in New York. We just know: more than anywhere else. And we know where they shop and eat and pay taxes.

 

And the direct dollars—or even the direct dollars and the restaurant dollars and hotel dollars and transportation dollars and shopping dollars and the $1 billion put right back into the economy through tax revenue generated by the arts—and indirect dollars are NOT the most powerful advantage that the arts provide for the rest of New York City’s businesses.

 

Did you read the front page New York Times piece about UBS’s consideration of moving offices back to the city from the suburbs? Where is the most competitive place where hot shots want to work? And therefore spend their Wall Street money at New York’s smaller businesses?

 

Why is the Silicon Valley tech sector growing in NYC? It now includes an explosion of graduate programs and start-up incubators! CUNY, Columbia, Cornell and all the rest, all are employing thousands and attracting hundreds of thousands of students to NYC.

 

All of that is because every employer wants creative, energized employees and every employee (and every student) want to live and work in a city where the creativity never stops.

 

Yes, access to primary education, healthcare, transportation, and safety are also important to employers and employees in every business. But the quality of life—the excitement—the stimulation—the innovation—the creativity factor that drives the work force to (and keeps the workforce in) a city: that’s what the arts does for New York.

 

We agree with this year’s Economist magazine Benchmarking Global City Competitiveness report. They rank 130 cities around the world. New York is number one. “Asian cities [now] dominate the ‘economic strength’ category. The most significant advantage that developed country cities (like New York) hold is their ability to develop and attract the world’s top talent.

 

Other factors bolster their performance, too, such as cultural activities and quality of life.” We agree with what Mayor Bloomberg said in that article: “I’ve always believed that talent attracts capital more effectively than capital attracts talent.”

 

Every City Council member also knows this, knows it first-hand, even better than the Mayor, from the magnets and anchors in her or his own district. Thank god that the arts are not the plaything of some Economist-reading elite; they are present and essential and loved in every neighborhood in New York. They are the catalyst that attracts good people, and good businesses, big and small, to every neighborhood in New York.

 

Arts & Business. We’ve been tracking it since 1965. This city has been doing it since 1626. You cannot have one without the other.

 

*Photo courtesy of Vincent Desjardins.

 

*Originally posted on ARTSblog

Related
Comments
blog comments powered by Disqus

More News

United States Conference of Mayors Approves Arts-related Resolutions
Jun 21, 2018 0 Comments
From June 8-11, mayors from across the nation convened in Boston for the annual meeting of the United States Conference of Mayors (USCM). Among other resolutions related to Arts and Culture Funding and the recognition of Arts...
Go to full post
IKEA Partners with Artisan Refugees for New Line
Jun 20, 2018 0 Comments
IKEA announced that its Brooklyn store will have a new, exclusive line, created by Jordanian women and Syrian refugee artisans. In partnership with the Jordan River Foundation, it created the line TILLTALANDE, which features...
Go to full post
PurePoint Financial Offices Display Local Artists
Jun 19, 2018 0 Comments
PurePoint Financial is a hybrid digital bank that launched in February 2017. Although it has only been around for a year and a half, it is already into its second art exhibit at its flagship Park Avenue location. With the aim...
Go to full post
JetBlue Showing #NonstopPride
Jun 14, 2018 0 Comments
JetBlue is New York’s Hometown Airline. With a strong New York representation amongst staff and with one of the leading resource groups for LGBT workplaces, JetPride, it was an easy connection for the airline to partner with...
Go to full post
Law Firm uses Art to Celebrate Pride Month
Jun 12, 2018 0 Comments
For the 12th year, Clifford Chance Arcus Americas is formally celebrating Gay Pride Month through art. This year, there will be art exhibits celebrating the LGBT+ and allies community in New York and Washington, DC in an exhibition...
Go to full post
eBay, Public Art Fund, and Ai Weiwei Come Together to Support Refugees
Jun 07, 2018 0 Comments
On June 20, World Refugee Day, eBay will release a series of exclusive works through a partnership with Public Art Fund and artist/activist Ai Weiwei. 500 editions of six banners bearing portraits of refugees will go on sale...
Go to full post
pARTnership Movement on the Move!
Jun 01, 2018 0 Comments
Jessica Stern, Private Sector Initiatives Program Manager, spent the day running a pARTnership workshop in Salt Lake City. Hosted by the Utah Cultural Alliance and the Utah Division of Arts and Museums, she spoke to business...
Go to full post
Sing for Hope Pianos
May 30, 2018 0 Comments
Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99;...
Go to full post
A Good Laugh for a Good Cause
May 24, 2018 0 Comments
Thursday, May 24 marks Red Nose Day, the annual fundraising campaign for children in need. After launching in the UK in 1988, the initiative made its way to the States, where it has raised over $100 million. Hosted by M&M’S...
Go to full post
The Arts are Integral to Business Success - Kohler Co.
May 22, 2018 0 Comments
The following are excerpts from remarks by Kohler Company Senior Vice President Laura Kohler at NASAA's Creative Industries Briefing:   Thank you for inviting Kohler Company to contribute to today’s discussion telling a story...
Go to full post
Ovation taking a Stand for the Arts
May 17, 2018 0 Comments
Ovation, America’s only arts network, is partnering with Comcast as part of their Stand for the Arts campaign. Through this collaboration, they will recognize arts and cultural organizations in Comcast markets.   Ovation EVP...
Go to full post
Toyota Partners with VH1 Save the Music Foundation
May 15, 2018 0 Comments
Toyota and VH1 Save The Music Foundation are partnering to support music education in public schools. Over the past 3 years, they have helped empower students in Chicago, New Orleans, and Las Vegas through the discovery and learning...
Go to full post
KeyBank Donates $10 million to Rock & Roll Hall
May 10, 2018 0 Comments
At the 33rd Annual Rock & Roll Hall of Fame Induction Ceremonies, CEO Greg Harris had something to announce that was just as exciting as the rock icons they were honoring. He shared that KeyBank Foundation had commit $10 million...
Go to full post
Arts Deliver Prime Cities for Amazon Headquarters
May 08, 2018 0 Comments
The arts can play a remarkable role in the vibrancy of a community and in the strength of the economy. It’s no surprise, then, that Amazon thinks the same thing.   In their search for a new headquarters that spanned 238 cities...
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.