Executive Director of the Colorado Business Committee for the Arts Deborah Jordy explained the impact of the Arts in Denver.
"The results were incredible, with the arts generating $1.76 billion in economic activity in 2011," Jordy said.
The growth of art in Denver has grown significantly in the last few years and Jordy attributes this to savvy business skills.
"We credit the growth to the organizations being nimble and innovative. They've generated jobs, they're creating culture tourism, and they're building fabulous new buildings," Jordy said.
Attendance at art events is a big part of the economic growth.
"We've been so impressed with what's happened with attendance over the last few years, with over 14 million people attending our cultural institutions, which is on the rebound from 2009," Jordy said.
In the last 10 years, over $200 million has been accrued with $100 million for corporate support. Jordy recently conducted a survey on the impact of art in the metro area. It's called "Survey of the Arts Culture and Economy."
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