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The Economic Impact of Nonprofit Arts and Culture Organizations and Their Audiences in Monroe County , NY
The Arts & Economic Prosperity III study provides compelling new evidence that the nonprofit arts and culture are a $198.87 million industry in Monroe County—one that supports 6,335 full-time equivalent jobs and generates $22.36 million in local and state government revenue.
Nonprofit arts and culture organizations, which spend $133.6 million each year, leverage a remarkable $65.27 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 Monroe County!
Total Impact of the Nonprofit Arts and Culture Industry (Expenditures by both organizations and audiences)
|
Total Expenditures |
$198,873,390 |
Full-Time Equivalent Jobs |
6,335 |
Resident Household Income |
$109,459,000 |
Local Government Revenue |
$14,533,000 |
State Government Revenue |
$7,831,000 |
The impact of spending by nonprofit arts and culture organizations is far reaching: they pay their employees, purchase supplies, and acquire assets within the local community. Additionally, unlike most industries, the nonprofit arts and culture leverage significant event-related spending by their audiences. Whether serving the local community or out-of-town visitors, a vibrant arts and culture industry helps local businesses thrive.
Impact of the Nonprofit Arts and Culture Organizations |
Total Expenditures |
$133,602,465 |
Full-Time Equivalent Jobs |
4,797 |
Resident Household Income |
$85,948,000 |
Local Government Revenue |
$8,906,000 |
State Government Revenue |
$5,395,000 |
Impact of the Nonprofit Arts and Culture Audiences |
Total Expenditures |
$65,270,925 |
Full-Time Equivalent Jobs |
1,538 |
Resident Household Income |
$23,511,000 |
Local Government Revenue |
$5,627,000 |
State Government Revenue |
$2,436,000 |
Event-Related Arts and Culture Audience Spending |
|
Residents* |
Non-Residents* |
Total Attendance |
2,821,398 |
713,746 |
Percent |
80 |
20 |
Per Person Average |
$14.06 |
$35.87 |
Total Spending |
$39,668,856 |
$25,602,069 |
Average Dollars Spent Per Person by Arts Attendees |
Refreshments/Snacks At Event |
$2.23 |
Meals Before/After Event |
$6.70 |
Souvenirs and Gifts |
$4.07 |
Clothing and Accessories |
$0.87 |
Ground Transportation |
$1.89 |
Event-Related Child Care |
$0.18 |
Overnight Lodging (one night only) |
$1.64 |
Other/Miscellaneous |
$0.88 |
Total Per Person Spending |
$18.46 |
* Residents live inside the county where the event took place; Non-residents live outside the county.
The Arts & Cultural Council for Greater Rochester expresses its appreciation to the study’s local funders: lead funding was provided by the County of Monroe Industrial Development Agency (COMIDA); additional funding was provided by the Joan and Harold Feinbloom Supporting Foundation of The Community Foundation; and one anonymous donor; funding for study-related materials was provided by the Mary S. Mulligan Charitable Trust. These data and economic impact findings are jointly owned by the Arts & Cultural Council for Greater Rochester and Americans for the Arts.
The Joan and Herold Feinbloom Supporting Foundation of the
The Mary S. Mulligan Charitable Trust
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