One of the themes the SCFD since the beginning (1988) has been the positive economic impact of arts and culture in the metro area. The issue is most important with political, business and civic leaders. On November 3rd, the Colorado Business Committee for the Arts will release its most recent report on impact of culture post the pandemic.
Ciruli Associates conducted the first economic impact study in the early 1990’s by examining the annual reports of Tier I and II organizations. There were only 11 at that time. In 1995, CBCA began to sponsor the study working the Deloitte Consulting using a survey of more than 200 organizations.
We produced a brief report for the 2016 campaign (see blog SCFD- An Economic Powerhouse). The 2023 report will hopefully show the level of improvement since the devastating reductions in attendance and income during the pandemic.