The Arts Factor study reports a $1 billion economic arts engine in Boston

By Jim Dyment

Lowell, MA – Catherine Peterson from ArtsBoston, a collaborating partner for public, private, and nonprofit leaders, was the keynote speaker at Celebrate Giving, an annual event held by the Greater Lowell Community Foundation in Westford on September 18 at the Westford Regency. In her speech, she shared data about the impact the arts has on the Creative Economy in the region from ArtsBoston’s recent The Arts Factor study. “The Arts Factor shows that nonprofit arts and cultural organizations are an economic engine for Greater Boston, with $1 billion direct spending and an additional $450 million spent by audiences above and beyond the cost of admission. Our sector supports over 26,000 jobs and makes the region attractive for employers looking to attract and retain a smart workforce.” Peterson reported. ArtsBoston promotes the Greater Boston’s arts and cultural sector with marketing, research and audience development programs and advocates for the importance of arts as an integral part of a healthy and vital region.

During the presentation at the event, honoree Arthur Anton, Sr. was spotlighted for his lifelong support to the community including Boston University, the Greek Orthodox Church, and the Boys and Girls Club of Greater Lowell. Christopher Dobens received the Richard K. and Nancy L. Donahue Philanthropy Award for co-founding Boston Strong and Nancy Cook, from Westford, received the Volunteer of the Year Award for her efforts toward suicide prevention.