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Art Market - Statistics & Facts
The arts & culture market in general is a very diverse market. It is estimated that each year about 150 billion U.S. dollars are spent by consumers on arts and culture-related goods in the U.S. This spending, however, did not just include expenditure on art museums and exhibitions but also encompass spending on books, recorded audio, video media, tickets to live performing arts and movies.
The arts, in the more narrow sense, are to a great extent dependent on funding, drawing funding and other resources from a broad pool of sources. Among these contributors are the government (federal, state and local), foundations, other non-profit organizations, corporations and private philanthropists. Federal arts and culture spending in the U.S. for example was at about 1.94 billion U.S. dollars in 2013, a per capita spending of six U.S. dollars.
Organizations that profit from such funding include art museums. The funding allows these museums to put together exhibitions which attract
more than 30 million visitors per year in the U.S. One of the most visited art museums worldwide in 2015 was the the Metropolitan Museum of Art in New York, over 6.5 million visitors.
Art Market in the United States - Important statistics
- 1. Expenditure, Participation & Workforce
Consumer expenditure on arts and cultural goods in the U.S. 1999-2013- Attendance at performing arts events in the U.S. 2003-2013
- +Number of non-profit arts and culture organizations in the U.S. 1999-2013
- +Workers in arts and culture occupations in the U.S. 1999-2013
- +Average wage in artistic occupations in the U.S. 1999-2013
- 2. Arts Funding
- +Federal arts and culture spending in the U.S. 2002-2013
- Federal spending per capita on arts and culture in the U.S. 2013
- +State funding of art agencies in the U.S. 1999-2013
- +Local government funding of local arts agencies U.S. 2013
- +Private philanthropy to arts and culture organizations 2002-2013
- +People in households with contributions to arts or cultural organizations in the U.S. 2016
- 3. Art Museums & Exhibitions
- 4. Art Auctions
- +Distribution of contemporary art auction turnover worldwide in 2015/2016, by country
- +Distribution of fine art auction sales revenue worldwide 2016, by country
- Leading auction houses worldwide as of July 2014, by contemporary art auction revenue
- +Leading auction houses worldwide in 2016 by fine art revenue
- Leading artists worldwide in 2016, by auction revenue
- +Leading art auction performances worldwide in 2016, by hammer price
- Contemporary artists with the highest hammer price worldwide as of July 2016
- +Leading contemporary artists in the U.S. in 2015/2016, by auction turnover
- +Leading contemporary artists in China in 2015/2016, by auction turnover
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