Boston Symphony Orchestra Economic Impact Study is available for download on their website now here. (The link to the PDF is on the upper right side of the page)
To summarize the findings: “The Boston Symphony Orchestra, Inc., generates $166.7 million annually in economic activity for the Commonwealth of Massachusetts, according to a third-party study conducted by Mount Auburn Associates and released today by the BSO. Looking beyond the institution’s artistic value in Boston and the Berkshires, external researchers examined the orchestra’s tangential roles as an employer, a market for goods and services, and a tourist attraction to determine the institution’s impact on such divergent areas as local hotels and restaurants, regional real-estate markets, and the state’s burgeoning creative economy.”
This is a thorough look into the way a dynamic, creative institution like the BSO can have long-lasting and major economic impact on a region. At Berkshire Creative, we acknowledge the leadership role that Tanglewood and the BSO play in our Creative Economy.
