Miami Beach, FL – In the midst of a cultural renaissance, the City of Miami Beach is already seeing benefits from its arts and culture focus in the form of an economic boost of $334.9 million last year alone, according to a new study by Americans for the Arts, which looked at 373 diverse communities and regions from all 50 states and Puerto Rico.
“Nonprofit arts in Miami Beach inspire visitors and engage residents, playing a crucial role in boosting South Florida’s economic health,” said Miami Beach Mayor Steven Meiner.
Economic activity related to the nonprofit arts and culture sector in Miami Beach more than doubled since 2015 — the last time the quinquennial survey was conducted by the nonprofit that is dedicated to advancing the arts throughout the United States.
The Miami Beach total represents $222.7 million spent by nonprofit arts and culture organizations in Miami Beach and $112.2 million in event-related spending by audiences. That money supported 5,201 jobs, generated $253 million in household income for Miami Beach residents and delivered $74.1 million in tax revenue for the city, state and federal government, according to the survey.
The findings support proponents of higher spending on arts and culture, who maintain that such investments enhance the quality of life for residents and visitors, while also stimulating the local economy. Miami Beach voters overwhelmingly approved a $159 million General Obligation Bond in 2022 that will fund an unprecedented expansion of city museums, theaters and public performance venues over the coming decades.
Nationally, nonprofit arts and culture organizations generated $151.7 billion of economic activity in 2022, that includes $73.3 billion in spending by arts and culture organizations and an additional $78.4 billion in event-related expenditures by their audiences. That spending supported 2.6 million jobs, provided $101 billion in personal income to residents and generated $29.1 billion in local, state and federal taxes.
Miami Beach attendees at nonprofit culture and art events spent an average of $56 in addition to the cost of admission on a per person, per event basis compared to $38 nationally. More than 28% of Miami Beach attendees traveled from beyond Miami-Dade County and spent more than $95 per person on average.
Download the report here.
About the Miami Beach Cultural Arts Council
The Cultural Arts Council (CAC) is an 11-member council created in 1997 for the purpose of developing, coordinating and promoting the performing and visual arts in the City of Miami Beach. The CAC serves as arts advocates before governmental bodies, coordinates collective marketing initiatives for the local arts community and funds not-for-profit arts organizations. Since the program’s inception, the CAC has awarded approximately $18 million in cultural arts grants, supporting thousands of performances, exhibits, and other cultural activities in Miami Beach.
About Americans for the Arts
Established in 1960, Americans for the Arts is the nation’s leading nonprofit organization for advancing the arts in the United States, and it is committed to representing and serving local communities and creating opportunities for everyone to participate in and appreciate all forms of the arts.
About This Study
Americans for the Arts conducted AEP6 to document the economic and social benefits of the nation’s nonprofit arts and culture industry. The study was conducted in 373 diverse communities and regions across the country, representing all 50 states and Puerto Rico. The Miami-Dade County Department of Cultural Affairs joined the study on behalf of the City of Miami Beach. For additional information including the national report, summaries for the 373 communities, an online calculator and a description of the project methodology, visit www.AEP6.AmericansForTheArts.org.
To request this material in alternate format, sign language interpreter (five-day notice required), information on access for persons with disabilities, and/or any accommodation to review any document or participate in any city-sponsored proceedings, call 305.604.2ADA (2232) and select 1 for English or 2 for Spanish, then option 6; TTY users may call via 711 (Florida Relay Service).