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.
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