Cincinnati Arts Association commissions study in conjunction with 20th anniversary
CINCINNATI (Oct. 21, 2015) – A University of Cincinnati Economics Center study reveals the Aronoff Center for the Arts’ economic impact to be more than $365 million since it opened. The venue celebrates its 20th anniversary Wednesday, October 21.
The Cincinnati Arts Association (CAA), the not-for-profit organization that oversees the programming and management of the Aronoff and Music Hall, commissioned the economic impact study.
“As we celebrate this milestone, we are proud not only of the economic impact of the Aronoff Center, but also of its educational and cultural impact on our community,” said Steve Loftin, president and executive director of CAA. “This center has been a special place for artists, patrons, children and so many others. We look forward to creating wonderful memories for this community for years to come.”
“The Aronoff Center has had a substantial economic impact every year for 20 years,” said Jeff Rexhausen, senior research associate at the UC Economics Center. “It has also been a stimulus for downtown revitalization. Its partnership with community education and healthcare organizations has brought the arts into the lives of many people who otherwise may not have had the opportunity.”
Other key findings from the study:
- The Aronoff has reached a collective audience total of 8.81 million people.
- The Aronoff has hosted more than 13,000 events.
- More than $6.53 million was spent at downtown restaurants and bars in conjunction with attending a performance during the 2013-2014 season.
- One in six of these patrons comes from outside the Cincinnati Metropolitan Statistical Area, and patrons’ dining at restaurants, combined with other spending for parking, hotel stays and other retail purchases, produced a total of $6.71 million in visitor spending. The result of visitor spending had an economic impact of almost $13.9 million and approximately 170 jobs with total earnings of $4.15 million
- The combined economic impact of the Aronoff and visitor spending amounts to over $34.3 million in fiscal year 2014.
- The combination of spending by the Aronoff and non-local visitors directly produced $1.45 million in local tax revenues for the city and county in the 2014 fiscal year.
For more information, or to read the entire study, please visit www.cincinnatiarts.org/AronoffCenterEconomicImpact
For more information about the Aronoff Center, visit http://www.cincinnatiarts.org/aronoff-center.
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About CAA
Founded in 1992, the Cincinnati Arts Association (CAA) is a not-for-profit organization that oversees the programming and management of two of the Tri-state’s finest performing arts venues – the Aronoff Center for the Arts and Music Hall – and is dedicated to supporting performing and visual arts. Each year, CAA presents a diverse schedule of events; serves upwards of 700,000 people in its venues; features the work of talented local, regional, and national artists in the Weston Art Gallery (located in the Aronoff Center); and supports the work of more than one dozen resident companies, including Cincinnati Ballet, Cincinnati May Festival, Cincinnati Opera, Cincinnati Symphony/Pops Orchestras, and Fifth Third Bank Broadway in Cincinnati, presented by TriHealth. Since the inception of its acclaimed arts education programs in 1995, CAA has reached more than 1.4 million students.





