The $37 billion nonprofit arts industry is a potent force in economic development nationwide, according to an issue brief released by the National Governors’ Association (NGA). Blending summaries of economic impact studies, federal and state statistics and best practices, the policy brief details how governors and other state leaders can use the arts to unite communities, create economic opportunity and improve the quality of life. This report on the arts was prepared by the NGA’s Center for Best Practices, whose role is to provide governors with innovative ideas and examples of excellence in state government. This is one of a series of issue briefs on the economic importance of the arts.
Arts Help States Reap Rural Economic Gains
From Southern Appalachia to the Mississippi Delta and from California’s coast to Maryland’s eastern shore, states are turning to arts-based economic development strategies to revive rural economies stung by geographic isolation, infrastructure deficiencies and the flight of skilled workers to big cities, according to an issue brief from the National Governors’ Association Center for Best Practices (NGA Center). Incorporating the arts into states’ existing rural economic development policy helps not only to diversify rural economies but to provide these previously struggling communities with a competitive advantage in the 21st century’s global marketplace as well. The brief, Strengthening Rural Economies through the Arts, documents how states utilize a variety of arts-focused policies to create jobs and improve quality of life. This is one of a series of issue briefs on the economic importance of the arts.
The Effective Exit: Managing the End of a Funding Relationship
In grant making, is there such a thing as the good goodbye? Yes, say contributors to this guide, who have found ways to plan for exits up front, clarify expectations with grantee organizations, and overcome the tensions that so often arise. Learn how to use the end of a funding relationship to boost a grantee’s capacity, find new sources of support, and even multiply the value of the foundation’s investment.
Arts Help Governors Achieve Global Trade and Tourism Goals
This issue brief illustrates how states are expanding international trade opportunities through culture. Case studies demonstrate ways that the arts encourage tourism, strengthen business networks, build “brand identity” and position states for success in a global marketplace. As new international trade and investment treaty negotiations by the federal government progress, governors will be called upon to promote their states’ businesses in a tight budget environment. Several states–looking for a greater edge in an increasingly competitive marketplace–are incorporating arts and cultural exchanges in their international trade and business development approaches. This aspect of state-level diplomacy undergirds and complements more traditional trade promotion efforts that focus on generating immediate exports. This is one of a series of issue briefs on the economic importance of the arts.
Arts, Culture and the Latino Audience: Latino Arts and Culture Participation in the Greater Phoenix Region
Maricopa Partnership for Arts and Culture (MPAC) in Arizona partnered with the Behavior Research Center to produce the first study of its kind to give us a greater understanding of Latino participation in arts and culture in the Greater Phoenix region. While this report examined the Latino population of Phoenix, the lessons learned can apply to any region with a large Latino population.
Report Encouraging Corporate Philanthropy, but Improvements Could be Made
A new CEO study in corporate philanthropy, based on global research and analysis conducted by McKinsey & Co., analyzes the effectiveness of corporate philanthropy in addressing rising expectations for companies’ social behavior. While 84% of executives recognize increased expectations of their companies, and 75% believe corporate philanthropy is an effective way of meeting these evolving expectations, the report suggests that due to a number of complex challenges only 11% are truly efficient in their philanthropy, maximizing both the business and social impact of their efforts.
FROM THE WEBSITE: The Committee Encouraging Corporate Philanthropy (CECP) is the only international forum of business CEOs and chairpersons focused on raising the level and quality of corporate philanthropy. Membership includes 175 CEOs and chairpersons representing companies that account for over 40% of reported corporate giving in the United States.
