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 transcript:

The Most Comprehensive Study of Its Kind  Economic impact of nonprofit arts organizations and their audiences in  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

156 Study Regions Population Group No. Study Regions Less than 50, ,000 to 99, ,000 to 249, ,000 to 499, ,000 to 999, million + 16 Total Cities and Counties 116 Multi-County Regions 35 Statewide Regions 5 Total 156

All 50 States + D.C. Hawaii Alaska

Nonprofit Arts & Culture A Growth Industry

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

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

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

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

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

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

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

Nonprofit Arts & Culture Attendees Local vs. Nonlocal

Event-Related Spending Local vs. Nonlocal Audiences

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

The Arts Mean Business!