NEW REPORT SHOWS ARTS & CULTURE INDUSTRY CONTRIBUTES $5.1 BILLION TO TEXAS ECONOMY; SHOWS ARTS EDUCATION HELPS IMPROVE STUDENT ACHIEVEMENT
FOR IMMEDIATE RELEASE
Jan. 26, 2015
MEDIA CONTACT: Jenifer Sarver
AUSTIN – The Texas Cultural Trust (TCT) today released the 2015 State of the Arts 10report that details the economic and educational impact of the arts on the state of Texas. The report details the economic contributions of the arts in terms of jobs and sales tax revenue generated, travel and tourism dollars collected, and, for the first time ever, includes new data that demonstrate the powerful impact that arts education can have on student outcomes such as pass rates, test scores, and attendance. For more information, visit txculturaltrust.org/investinthearts.
“The arts are a vital economic engine for the state of Texas,” said Charles Matthews, TCT Chair. “They generate $5.1 billion for our state’s economy now, and help prepare students to be key contributors to our economy in the future. For our continued economic success, it is critical we nurture, support, and sustain the arts in the state of Texas.”
The economic results, compiled from state and federal data sets, highlight how the 42 Art and Culture Industries collectively generate $5.1 billion for Texas’ economy, and contribute nearly $320 million in state sales tax revenue annually. TCT research over the years shows how this economic impact has grown steadily since 2003, increasing 24.6 percent over the past 10 years.
The report includes new research into the impact of arts education on school attendance, standardized test passing rates, graduation rates, and post-secondary enrollment. Leveraging statewide education data, the research focused on outcomes for middle and high school students based on their cumulative enrollment in arts courses.
“The arts are integral to preserving our rich, vibrant Texas culture; they increasingly play a vital role in our economy, and now, we can show they also contribute to student success,” said Jennifer Ransom Rice, Trust Executive Director. “Our data show students engaged in arts education have lower dropout rates, greater graduation rates, and greater rates of enrollment in higher education. Investing in the arts is a clear investment in Texas future.”
The report also details the impact of the arts on Texas’ travel and tourism industry, which surpassed $67.5 billion in 2013. Cultural and arts tourists stay longer, bring more people, and spend more than the average tourist. Roughly 1 in 7 visitors to Texas participate in arts and culture tourism.
The report and a variety of educational materials are available for download and distribution at txculturaltrust.org/investinthearts.
To download the press release, click here.
Download the 2015 State of the Arts report, here.