A new study shows arts and culture have a big economic impact in America's Hometown.
The Hannibal Arts Council recently participated in a study and found arts generates more than $5-million for the local economy annually.
Executive Director Michael Gaines knew art impacted the local economy, but was surprised by how much. Gaines feels the study shows why it's important Hannibal and the community put their interest in local artist and performers.
"You invest this much in us and we turn it into this much or you're helping our community even more by knowing that every dollar going in, comes back with x number of dollars," Gaines said. "The arts can do that."
Gaines says the study only reflected the impact of non-profit groups. He says if you add in the for-profit art businesses, the statistics go up even more.