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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 on theme: "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."— Presentation transcript:

1 Greater Buffalo (Erie and Niagara Counties)

2 156 Study Regions—Including Buffalo Population Group No. Study 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

3 All 50 States + D.C. Hawaii Alaska

4 How a Dollar is “Ripples” Through the Community

5 Nonprofit Arts & Culture A Growth Industry

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

7 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

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

9 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

10 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

11 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

12 Nonprofit Arts & Culture Attendees in Greater Buffalo Spend $19.05 Per Person, Per Event

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

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

15 How Greater Buffalo Stacks Up... Spending by Organizations Buffalo$93.0 million Similar Regions $103.0 million (N=35)

16 How Greater Buffalo Stacks Up... Spending by Audiences Buffalo$62.3 million Similar Regions $88.6 million (N=35)

17 How Greater Buffalo Stacks Up... Spending by Audiences (Per Person, Per Event, Excluding Admission) Buffalo$19.05 Similar Regions$23.47 (N=35)

18 How Greater Buffalo Stacks Up... Ratio of Local vs. Nonlocal Audiences Buffalo87% vs. 13% Similar Regions 62% vs. 38% (N=35)

19 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)

20 Nonprofit Arts & Culture Industry in Greater Buffalo  A Local Industry  Attracts Audiences  Stimulates Business Development  Supports Jobs  Generates Government Revenue

21 The Arts Mean Business! www.AmericansForTheArts.org/EconomicImpact

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