arts & economic prosperity iv - montgomery county data
Post on 19-May-2015
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Most Comprehensive Study Ever All 50 States—Including Montgomery County!
Organiza=ons & Audiences Spent
$151 Million
Jobs Supported (FTE)
2,955
Local & State Government Revenue
$10.3 Million
APendees Spent $21.62 Per Person, Per Event
Meals & Snacks $13.22
Souvenir/Gifts $1.02 Transportation
$1.43
Lodging $4.72 Other
$1.23
Event-‐Related Spending Local vs. Nonlocal Audiences
Local Non-Local
$15.51$30.14
77 percent of nonlocal a-endees said: “this arts event is their primary purpose for their trip.”
Arts Volunteerism
Ø 11,624 volunteers
Ø 521,000 hours
Ø $11.1 million value (2010 volunteer hour = $21.36)
Na=onal AEP4 Research Partners
How MoCo Stacks Up! Organizational
Expenditures Audience
Expenditures
Total Industry
Expenditures District of Columbia $688,101,361 $394,790,447 $1,082,891,808
Montgomery County, MD $76,727,887 $74,321,520 $151,049,407
Arlington County, VA $90,053,057 $7,324,424 $97,377,481
City of Alexandria, VA $26,075,019 $44,580,402 $70,655,421
Fairfax County VA $49,253,685 $30,066,316 $79,320,001
Prince George’s County, MD $16,322,724 $12,639,245 $28,961,969
Greater Washington DC Region $946,533,733 $563,722,354 $1,510,256,087
Smithsonian Institution (estimated) $1,093,408,454 $984,668,584 $2,078,077,038
Greater DC (including Smithsonian) $2,039,942,187 $1,548,390,938 $3,588,333,125
Arts & Economic Prosperity IV
1. $151 million industry
2. 2,955 FTE jobs 3. $10.3 million in government revenue
4. APendees spend $21.62 per person (beyond admission)
5. #2 in Region & resilient in tough economic =mes
Arts Creativity Innovation
Ready to Innovate Conclusion: “…it is clear that the arts—music, creative writing,
drawing, dance—provide skills sought by employers of the third millennium.”
Crea=ve Montgomery County 3,977 Arts-‐Related Business Employ 14,029 People
5.5% of 78,181 businesses 2.2% of 637,531 employees
The Arts Mean Business!
www.AmericansForTheArts.org/EconomicImpact
Arts and the “Great Recession” Changes between 2005 and 2010
Unemployment 5.1% to 9.7%
Consumer Confidence 101 to 54
Home Foreclosures Tripled:
885,000 to 2.9 million
Spending on recreaRon, entertainment, shopping:
$192 to $164 billion
Jobs in tourism, food & beverage
Live a-endance: sports and arts
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