A study performed by Virginians for the Arts describes the economic impact of arts and cultural organizations in Virginia.

Arts and cultural organizations in Virginia annually generate:

• $849 million in revenues for Virginia businesses
• $342 million in revenues for Virginia tourism related businesses through spending by visitors to arts and cultural organizations.

As a result of the business revenues created by Virginia arts and cultural organizations, the state’s economy benefits from:

• $447 million in value-added income (mainly personal income) for Virginia’s workforce and entrepreneurs;
• $307 million in annual labor compensation for Virginia’s workforce;
• Well over18,850 full and part-time jobs.

Virginia’s arts and cultural organizations also:

• Host nearly 30 million patrons each year;
• Attract out-of- state visitors (37% of paid admissions to arts and cultural organizations live outside
• Virginia);
• Supplement their budgets with an estimated $62 million in grant income annually;
• Raise an estimated $74 million in contributions annually;
• Organize 1.4 million volunteer hours improving the quality of life for all Virginians.