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July 21, 2017

Bangor cultural nonprofits generate $10 million in economic activity

A Washington, D.C.-based Americans for the Arts study found that 14 cultural nonprofits in Bangor spent $3.4 million in 2015 and audiences at their events spent $6.6 million.

The Bangor Daily News reported the organizations also supported 312 full-time equivalent jobs, generating $6.2 million in household incomes to local residents. 

The study showed that in Portland, 46 cultural nonprofits generated $75.6 million. Throughout Maine, nonprofits generated $150.5 million.

Mary Budd, executive director of the city’s Commission on Culture Development, told the BDN the study underscores the need for Bangor to invest more in that sector.

“The nonprofit community depends on grants to support its mission so all of these grants allow us to carry out our work,” said Budd.

In June, Portland released figures — also part of the Americans for the Arts study — showing an arts-related economic impact of $75.6 million in 2015, up from $49 million in 2012.

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