Tag Archives: west valley economy

nonprofit arts

Nonprofit Arts Pump $15 Million Into West Valley Economy

The nonprofit arts and culture industry generates $14,712,480 in annual economic activity in the West Valley of Greater Phoenix, Arizona, supporting 539 full-time equivalent jobs and generating $1,582,000 in local and state government revenues, according to the Arts & Economic Prosperity IV national economic impact study. The most comprehensive economic impact study of the nonprofit arts and culture industry ever conducted in the United States, Arts & Economic Prosperity IV was conducted by Americans for the Arts, the nation’s leading nonprofit organization for advancing the arts and arts education.

According to the study, nonprofit arts and culture organizations spent $8,532,844 during fiscal year 2010. This spending is far-reaching: organizations pay employees, purchase supplies, contract for services and acquire assets within their community. Those dollars, in turn, generated $8,644,000 in household income for local residents and $918,000 in local and state government revenues.

Julie Richard, President and CEO of the West Valley Arts Council – the organization who sponsored and coordinated the Study on behalf of the West Valley – stated, “This Study is incredibly significant for this region. This is the second study of this kind the Council has participated in and we have shown amazing growth in the non-profit arts and culture industry over the past ten years. We have grown from $3.5 million in total economic impact in 2000, to almost $15 million in 2010. The arts and culture industry in the West Valley is an economic force despite the fiscal difficulties the area has endured over the past several years.”

Nationally, the Arts & Economic Prosperity IV study reveals that the nonprofit arts industry produced $135.2 billion in economic activity during 2010. This spending—$61.1 billion by nonprofit arts and culture organizations plus an additional $74.1 billion by their audiences—supported 4.1 million full-time equivalent jobs and generated $22.3 billion in federal, state and local tax revenues.

“This study shines a much-needed light on the vital role the arts play in stimulating and sustaining economic development,” says Robert L. Lynch, president and CEO of Americans for the Arts. “Contrary to popular belief, the arts are a bustling industry that supports a plethora of diverse jobs, generates significant revenues for local businesses and to federal, state and local governments and provides quality of life that positions communities to compete in our 21st century creative economy.”

For more information on the nonprofit arts and culture industry in the West Valley, visit Americans for the Arts’ website at www.artsusa.org.

WESTMARC Logo - AZ Business Magazine July/August 2011

New WESTMARC President Leverages GPEC Experience To Benefit Organization

Michelle Rider, President and CEO, WESTMARCIn June, Michelle Rider was named WESTMARC president and CEO. On July 1, she officially replaced Jack Lunsford, who had held the post for seven years. For nine years, Rider has held key positions with the Greater Phoenix Economic Council (GPEC).

How is the West Valley economy fairing compared to last year?

The West Valley still faces the challenge of having lost 300,000 jobs in recent years, as well as being affected by the housing bubble. It has also had several recent wins for its economy with the addition of companies such as Sub-Zero in Goodyear and Gestamp Solar Steel in Surprise.

What needs to be done to help the West Valley’s economy get back on track?

The West Valley has an opportunity to attract new quality employers. Bringing major employers in will create new jobs directly, but will also help provide a customer base for struggling small businesses. West Valley community mayors and councils aggressively compete for these opportunities.

How do you think your work at GPEC translates to your role at WESTMARC?

Everything I have done at GPEC translates in some way to leading WESTMARC. I have worked with many of the public and private sector leaders through GPEC on projects including fundraising, public policy and stakeholder engagement.

What new initiatives or policies will you implement for WESTMARC members?

We are developing a new strategic plan. I am fortunate that WESTMARC’s leadership (board and executive committee) is dedicated to prosperity in the West Valley. We look forward to creating a clear, measurable road map to guide the organization.

What sets the West Valley apart?

Most of the next decade’s growth projected for Greater Phoenix will occur here. We have the opportunity to define ourselves by leveraging and managing that growth to provide quality jobs.

Michelle Rider WESTMARC president and CEO

Arizona Business Magazine July/August 2011