A study out Thursday says the arts are an important economic driver for the Dayton region. The study, commissioned by cultural advocacy group Culture Works, finds arts nonprofits are responsible for over $160 million in annual spending.
"Above and beyond the intrinsic benefits that arts and culture provides to the community in so many ways, there actually is an economic impact as well,” said Martine Meredith Collier, who heads Culture Works.
A Miami Valley organization that helps local non profits announced today that it's the recipient of 26 million dollars. The Dayton Foundation says it's the single largest gift in its 89 year history.
The gift was made by the late Virginia B. Toulmin, who passed away in June. It was over 30% more than the Dayton Foundation expected to receive. President of the Foundation, Mike Parks, says Virginia Toulmin's gift is also expected to be one of the largest philanthropic gifts nationally this year.