Monday, July 7, 2025

Colorado’s Vibrant Cultural Landscape Promotes Economic Development

SCFD

When the economy is down and local government is trying to shore up its tax revenue, identifying what will attract visitors while pleasing local citizens is critical. Cultural programming and facilities have been a consistent winner in Colorado for Colorado economy. The state’s rural and mountain communities have an abundance of natural beauty that people love to visit and recreate in. But cultural amenities including music, film, and festivals in the mountains are also major economic generators.

The new relocated Sundance Film Festival to Boulder is expected to attract 85,000 mostly well-heeled visitors and to add $132 million to the economy. The seven-county Denver metro area cities such as Parker, Lone Tree, Thornton and dozens of others have invested in new cultural venues and received additional support from regional voters who continue to reauthorize a small sales tax for cultural facility and program operating revenue. In 2023, the Scientific and Culture Facilities District (SCFD) program funded 280 organizations that attracted 19 million visitors and produced $2.6 billion in economic activities.

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