Book excerpt: This book brings together discussions about Australian arts policy and funding, outcomes of arts engagement in terms of social inclusion, well-being and education. It presents exemplars of creative programs or case studies that build capacity and lasting impact for communities in urban and regional Australia. This book describes the impact of the arts using narrative case studies. Through this, it develops conceptual understanding and frameworks that can be used to dynamically assess the value and impact of arts engagement across the three types of cultural value: intrinsic value, instrumental value and institutional value. It focuses on how arts engagement creates, supports and extends factors such as well-being, social inclusion and educational achievement. This book provides an innovative examination of the evidence from Australian projects depicting the impact of the arts on a range of indicators and sectors.