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Cost-Benefit Analysis of Basic Income for the Arts Pilot in Ireland Finds Positive Returns (assets.gov.ie)

· 253d ago · Report · Spotlight this ·
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  • BIA pilot provided €325/week to 2,000 Irish artists for three years; cost-benefit ratio of 1.39:1.
  • Recipients increased artistic output, spent more time on creative work, and reported higher wellbeing.
  • Net fiscal cost was 37% lower due to tax returns and reduced welfare payments.
  • National rollout could lower art prices by 9-25% but increase output by 10%.

"A cost-benefit analysis of the Basic Income for the Arts (BIA) pilot in Ireland, which provided 2,000 artists with €325 per week from 2022 to 2025, found that every €1 of public investment generated €1.39 in societal value. Benefits included increased artistic output, higher psychological wellbeing, and reduced welfare dependency. The net fiscal cost was offset by 37% through tax revenues and social protection savings. The report suggests a national rollout could lower art prices by 9-25% but increase total artistic output by about 10%."

#Basic Income for the Arts #cost-benefit analysis #artist wellbeing

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