No doubt the theater has contributed to the area’s development and economic growth. Today, there are galleries, studios, restaurants and newly built work spaces where neighbors share experiences, where there is renewed life and energy. In this way, arts and culture also serve as a public good.

　　TeCo Theatrical Productions Inc. made use of Bloomberg’s investment of $35,000 to get nearly $400,000 in public and private sector support during the two-year period. Further, Dallas arts and arts-based businesses produce $298 for every dollar the city spends on arts programming and facilities. In Philadelphia, a metro area smaller than Dallas, the arts have an economic impact of almost $3 million and support 44,000 jobs, 80 percent of which actually lie outside the arts industry, including accountants, marketers, construction workers, hotel managers, printers, and other kinds of art workers.

　　The arts are efficient economic drivers and when they are supported, the entire small-business community benefits.

　　It is wrong to assume arts groups cannot make a profit. But in order to stay in business, arts groups must produce returns. If you are a student studying the arts, chances are you have been ill-advised to have a plan B. But those who truly understand the economic impact and can work to change the patterns can create a wide range of career possibilities.

　　Arts as an economic driver Our communities

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