Arts & Economic Prosperity Local Results Released

Arts & Economic Prosperity Local Results Released

National Results of AEP 6

Arts & Economic Prosperity 6 (AEP6) is an economic and social impact study of the nation’s nonprofit arts & culture industry, conducted every 5 years by Americans for the Arts. The Cultural Office has led our region’s local participation since 2007.

By every measure, the results are impressive. Nationally, the sector generated $151.7 billion of economic activity in 2022—$73.3 billion in spending by arts and culture organizations and an additional $78.4 billion in event-related expenditures by their audiences. What was the impact of this economic activity? It supported 2.6 million jobs, provided $101 billion in personal income to residents, and generated $29.1 billion in tax revenue to local, state, and federal governments.

Pikes Peak Region's Results of AEP 6

Arts and Economic Prosperity 6 (AEP6) provides compelling evidence that the nonprofit arts and culture sector is a significant industry in Pikes Peak Region—one that generated $184.6 million in total economic activity during 2022.

This spending—$61.5 million by nonprofit arts and culture organizations and an additional $123.1 million in event-related spending by their audiences—supports 2,869 jobs, generates $89.7 million in household income for local residents, and delivers $29.3 million in tax revenues to local, state, and federal governments.

The study sends a strong signal that, even in the aftermath of the COVID-19 pandemic and the resulting recession, the nonprofit arts & culture industry is delivering strong contributions to our regional life every day. AEP6 demonstrates that when we support the arts, we are investing in Pikes Peak Region’s economic and community well-being.

This study was supported by El Paso County Community Investment Fund. 

Special thanks to the community volunteers who made the data collection for AEP6 possible: Amy Whitesell, Donna Butzin, Dee Androsiglio, Kit Silva, Bryse Boynton, Chloe Rosenkrantz, Adrian Cordero, Austin Kent, Jhane Buckner, Matt Hinkle, Imani Young, Frechelle Wilson, Quinn Smola, Joy Oram, and students of Thomas Maclaren School. And to COPPeR staff members, Dylan Craddock and Kate Hertz for their work on this multi-year project.

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