Letter to the Editor
Dear Alaska Business Monthly:
The U.S. House of Representatives is on track to cut $43 million from the
National Endowment for the Arts' budget of $167.5 million. That's a 26%
cut - the deepest in 16 years!
Our Senators should prevent these deep cuts from happening when they take
up this legislation at the end of this month.
The arts mean jobs! According to Americans for the Arts, the nonprofit
arts industry generates $166.2 billion annually in economic activity,
supports 5.7 million full-time equivalent jobs in the arts and related
industries, and returns $12.6 billion in federal income taxes. Measured
against direct federal cultural spending of about $1.4 billion, that's a
return of nearly nine to one.
Federal funding for the arts leverages private funding. The NEA requires
at least a one-to-one match of federal funds from all grant recipients a
match far exceeded by most grantees. On average, each NEA grant leverages
at least seven dollars from other state, local, and private sources.
Private support cannot match the leveraging role of government cultural
Posted: February 18, 2011
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