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The Most Comprehensive Study of Its Kind  Economic impact of nonprofit arts organizations and their audiences in 2005.  Study provides both local and.

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Presentation on theme: "The Most Comprehensive Study of Its Kind  Economic impact of nonprofit arts organizations and their audiences in 2005.  Study provides both local and."— Presentation transcript:

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2 The Most Comprehensive Study of Its Kind  Economic impact of nonprofit arts organizations and their audiences in 2005.  Study provides both local and national data  156 Study Regions  Data collected from 6,080 nonprofit arts organizations and 94,486 attendees  Econometric input/output models built by project economists for each community

3 156 Study Regions Population Group No. Study Regions Less than 50,000 15 50,000 to 99,999 18 100,000 to 249,999 29 250,000 to 499,999 19 500,000 to 999,999 19 1 million + 16 Total Cities and Counties 116 Multi-County Regions 35 Statewide Regions 5 Total 156

4 All 50 States + D.C. Hawaii Alaska

5 Nonprofit Arts & Culture A Growth Industry

6 How a Dollar is “Respent” Households Restaurants/Bars Prof. Services Accommodations Retail Trade Entertainment Construction Food Products Agriculture/Mining Round 6 Round 3 Initial Expenditure $0 $1,500,000 $3,000,000 $4,500,000 $6,000,000 $7,500,000 $9,000,000 $10,500,000

7 Economic Impact of Nonprofit Arts & Culture Industry $166.2 Billion Annual Expenditures

8 Government and the Arts 7:1 Return on Investment $4.0 billion $29.6 billion $0 $5 $10 $15 $20 $25 $30 $35 Government FUNDING Government REVENUE

9 Economic Impact of Nonprofit Arts & Culture Organizations $63.1 Billion Annual Expenditures

10 Percentage of U.S. Workforce How Nonprofit Arts & Culture Stacks Up...

11 Economic Impact of Nonprofit Arts & Culture Attendees $103.1 Billion Annual Expenditures

12 Nonprofit Arts & Culture Attendees Spend $27.79 Per Person, Per Event

13 Nonprofit Arts & Culture Attendees Local vs. Nonlocal

14 Event-Related Spending Local vs. Nonlocal Audiences

15 Nonprofit Arts & Culture Industry in U.S.  A Formidable Growth Industry  Attracts Audiences  Spurs Business Development  Supports Jobs  Generates Government Revenue

16 The Arts Mean Business! www.AmericansForTheArts.org/EconomicImpact

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