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The Americans for the Arts,
Arts & Economic Prosperity, III Survey Results
Hello Everyone,
We want to send out a big thank you to all of you who have participated this past year with the Americans For The Arts survey, Arts and Economic Prosperity, III. This study was done to show the economic impact of nonprofit arts and cultural organizations and their audiences in the Northern Adirondack Region for fiscal year 2007-2008. The results have come back to us here at the Arts Council from Americans for the Arts and are below. Please send us an email with any feedback you might have from these results. We always love hearing from you.
Sincerely,
Caroline Thompson and Athena Roth
The Arts Council for the Northern Adirondacks
The Arts & Economic Prosperity III study provides compelling new evidence that the nonprofit
arts and culture are a $21 million
industry in the Northern Adirondack region-one
that supports 506 full-time equivalent
jobs and generates $2.4 million in local
and state government revenue.
Nonprofit arts and culture
organizations, which spend $12.9 million
each year, leverage a remarkable $8.1 million
in additional spending by arts and culture audiences-spending that pumps vital
revenue into local restaurants, hotels, retail stores, parking garages, and
other businesses.
By demonstrating that investing in
the arts and culture yields economic benefits, Arts & Economic Prosperity III lays to rest the common
misconception that communities support the arts and culture at the expense of
local economic development. In fact, communities that support the arts and
culture not only enhance their quality of life, they also invest in their
economic well-being.
This report shows conclusively that the arts mean
business in the Northern Adirondack region!
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Total
Impact of the Nonprofit Arts and Culture Industry
(Expenditures by both organizations
and audiences)
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Total Expenditures
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$21,006,716
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Full-Time Equivalent Jobs
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506
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Resident Household Income
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$10,221,000
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Local Government Revenue
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$1,331,000
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State Government Revenue
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$1,085,000
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Direct Economic
Activity
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Arts
and Culture Organizations
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Arts
and Culture Audiences
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=
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Total
Expenditures
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Total
Industry Expenditures
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$12,931,696
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$8,075,020
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$21,006,716
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Spending by
Arts and Culture Organizations and Their Audiences Supports Jobs and Generates
Government Revenue
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Economic Impact of
Expenditures
(Direct &
Indirect)
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Economic
Impact of Organizations
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+
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Economic
Impact of Audiences
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=
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Total
Economic Impact
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Full-Time
Equivalent (FTE) Jobs Supported
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347
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159
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506
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Household
Income Paid to Residents
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$7,077,000
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$3,144,000
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$10,221,000
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Revenue
Generated to Local Government
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$602,000
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$729,000
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$1,331,000
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Revenue
Generated to State Government
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$511,000
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$574,000
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$1,085,000
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Event-Related
Spending by Arts and Culture Audiences Totaled $8.1
million (excluding the cost of admission)
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Attendance to Arts
and Culture Events
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Resident*
Attendees
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+
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Non-Resident*
Attendees
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=
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All
Attendees
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Total
Attendance to Arts and Culture Events
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255,177
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120,636
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375,813
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Percentage
of Total Attendance
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67.9%
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32.1%
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100%
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Average
Event-Related Spending Per Person
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$14.81
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$35.61
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$21.49
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Total
Event-Related Expenditures
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$3,779,172
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$4,295,848
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$8,075,020
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Nonprofit
Arts and Culture Event Attendees Spend an Average of $21.49 Per Person (excluding the cost of admission)
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Category of
Event-Related Expenditure
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Resident*
Attendees
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Non-Resident*
Attendees
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All
Attendees
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Meals
and Refreshments
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$6.98
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$13.62
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$9.11
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Souvenirs
and Gifts
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$3.23
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$4.77
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$3.73
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Ground
Transportation
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$3.96
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$5.88
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$4.58
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Overnight
Lodging (one night only)
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$0.00
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$10.58
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$3.39
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Other/Miscellaneous
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$0.64
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$0.76
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$0.68
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Average
Event-Related Spending Per Person
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$14.81
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$35.61
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$21.49
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* Residents are attendees who live within the Northern Adirondack region; non-residents
live outside the region.
Source: Arts & Economic Prosperity III: The
Economic Impact of Nonprofit Arts and Culture Organizations and Their Audiences
in the Northern Adirondack region.
For more information about this study or about other cultural initiatives in the Northern Adirondack region, visit the Arts Council for the Northern Adirondacks'
web site at www.artsnorth.org.
Copyright 2009
by Americans for the Arts
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