Greater Buffalo (Erie and Niagara Counties). 156 Study Regions—Including Buffalo Population Group No. Study Regions Less than 50,000 15 50,000 to 99,999.

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Presentation transcript:

Greater Buffalo (Erie and Niagara Counties)

156 Study Regions—Including Buffalo 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

How a Dollar is “Ripples” Through the Community

Nonprofit Arts & Culture A Growth Industry

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

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

Nonprofit Arts & Culture Attendees in Greater Buffalo Local vs. Nonlocal

Event-Related Spending in Greater Buffalo Local vs. Nonlocal Audiences

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 Buffalo87% 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!