Nonprofit Arts _ Culture A Growth Industry

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Nonprofit Arts _ Culture A Growth Industry Powered By Docstoc
					            Greater Buffalo
(Erie and Niagara Counties)
156 Study Regions—Including Buffalo
                                    No. Study
          Population Group
                                    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
         All 50 States + D.C.
Hawaii




Alaska
How a Dollar is “Ripples”
Through the Community
            Nonprofit Arts & Culture
               A Growth Industry
$200

$175                                      $166.2 billion
$150                    $134.0 billion
$125                                      AUDIENCES
                        AUDIENCES           $103.1
$100
                          $80.8
 $75

 $50
                       ORGANIZATIONS     ORGANIZATIONS
 $25   ORGANIZATIONS                         $63.1
                           $53.2
           $36.8
  $0
           1992            2000              2005
        Economic Impact of
 Nonprofit Arts & Culture Industry
$166.2 Billion Annual Expenditures
      Government and the Arts
      7:1 Return on Investment
$35                         Government REVENUE

$30
                              $29.6 billion

$25

$20

$15

$10    Government FUNDING

 $5      $4.0 billion

 $0
     Percentage of U.S. Workforce
How Nonprofit Arts & Culture Stacks Up . . .
      Nonprofit Arts & Culture
    Industry in Greater Buffalo
$155.3 Million Annual Expenditures
Full-Time Equivalent Jobs   4,740

Resident Household Income   $95.9 million

Local Government Revenue    $14.9 million

State Government Revenue    $9.2 million
      Nonprofit Arts & Culture
 Organizations in Greater Buffalo
$93.0 Million Annual Expenditures
Full-Time Equivalent Jobs   2,787

Resident Household Income   $61.5 million

Local Government Revenue    $6.2 million

State Government Revenue    $4.4 million
      Nonprofit Arts & Culture
  Audiences in Greater Buffalo
$62.3 Million Annual Expenditures
Full-Time Equivalent Jobs   1,953

Resident Household Income   $34.4 million

Local Government Revenue    $8.7 million

State Government Revenue    $4.8 million
     Nonprofit Arts & Culture
   Attendees in Greater Buffalo
Spend $19.05 Per Person, Per Event

                             Souvenir/Gifts
                                $2.14

            Meals
            $11.81
                              Transportation
                                  $1.50


                            Lodging
                             $1.30

                     Other/Misc
                       $2.30
    Nonprofit Arts & Culture
  Attendees in Greater Buffalo
       Local vs. Nonlocal


   Local
Attendees               Nonlocal
2.8 million             Attendees
   (87%)                 421,931
                          (13%)
Event-Related Spending in Greater Buffalo
      Local vs. Nonlocal Audiences

         $35


         $30
                            $33.00
         $25


         $20


         $15    $16.99
         $10


         $5


         $0

               Local     Non-Local
         How Greater Buffalo Stacks Up . . .
           Spending by Organizations

Buffalo                           $93.0 million

Similar Regions                   $103.0 million
(N=35)
         How Greater Buffalo Stacks Up . . .
             Spending by Audiences

Buffalo                           $62.3 million

Similar Regions                   $88.6 million
(N=35)
      How Greater Buffalo Stacks Up . . .
           Spending by Audiences
(Per Person, Per Event, Excluding Admission)
Buffalo                      $19.05

Similar Regions              $23.47
(N=35)
      How Greater Buffalo Stacks Up . . .
     Ratio of Local vs. Nonlocal Audiences

Buffalo                       87% vs. 13%

Similar Regions               62% vs. 38%
(N=35)
    How Greater Buffalo Stacks Up . . .
 Spending by Local vs. Nonlocal Audiences
Buffalo                     $16.99 vs. $33.00

Similarly Regions           $17.30 vs. $40.53
(N=35)
Nonprofit Arts & Culture Industry in
          Greater Buffalo
    A Local Industry
    Attracts Audiences
    Stimulates Business Development
    Supports Jobs
    Generates Government Revenue
    The Arts Mean Business!
www.AmericansForTheArts.org/EconomicImpact

				
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posted:4/17/2008
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