Los Angeles is often billed as the "Creative Capital of the World", due to the fact that one in every six of its residents works in a creative industry. According to the USC Stevens Institute for Innovation, "there are more artists, writers, filmmakers, actors, dancers and musicians living and working in Los Angeles than any other city at any time in the history of civilization."
Los Angeles is home to Hollywood, globally recognized as the epicenter of the motion picture industry. A testament to its preeminence in film, the city plays host to the annualAcademy Awards, the oldest and one of the most prominent award ceremonies in the world. Furthermore, there are 54 film festivals every year, which translates into more than one every week. Finally, Los Angeles is home to the USC School of Cinematic Arts, the oldest and largest school of its kind in the United States.
The performing arts play a major role in Los Angeles' cultural identity. There are over 1,000 musical, theater, dance, and performing groups. According to the USC Stevens Institute for Innovation, "there are more than 1,100 annual theatrical productions and 21 openings every week." The Los Angeles Music Center is one of the three largest performing arts complexes in the nation. The Walt Disney Concert Hall, the centerpiece of the Music Center, is home to the prestigious Los Angeles Philharmonic. Notable organizations such as Center Theatre Group and the Los Angeles Master Chorale along with the rising Los Angeles Opera are also resident companies of the Music Center. Talent is locally cultivated at premier institutions such as the Colburn School and the USC Thornton School of Music.
There are 841 museums and art galleries in Los Angeles County; Los Angeles has more museums per capita than any other city in the world. The most notable museums are the Los Angeles County Museum of Art (the largest encyclopedic museum west of Chicago), the Getty Center (part of the larger J. Paul Getty Trust, the world's wealthiest art institution), and the Museum of Contemporary Art. A significant amount of art galleries are concentrated on Gallery Row and thousands are in attendance of the monthly Downtown Art Walk that takes place there.