Economic and Social Impact of Nonprofit Arts in Northwest Connecticut - Study Findings
Discover the extensive economic and social impact of the nonprofit arts and culture industry in the Northwest Connecticut region. This comprehensive study highlights spending, jobs supported, government revenue generated, attendee expenditure breakdowns, local versus non-local audience statistics, and event-related spending implications. Explore how the arts play a crucial role in shaping the local economy and community dynamics.
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The Economic & Social Impact of Nonprofit Arts & Culture Industry Northwest Connecticut Region! April 4, 2024 Randy Cohen Americans for the Arts @ArtsInfoGuy
Most Comprehensive Study Ever! Most Comprehensive Study Ever! 373 Study Regions in all 50 States and Puerto Rico. 373 Study Regions in all 50 States and Puerto Rico.
$30.3 Million in Spending (2022) $30.3 Million in Spending (2022) Organizations Organizations $19.5 $19.5 Million Million Audiences Audiences $10.8 $10.8 Million Million @ArtsInfoGuy
Jobs Supported Jobs Supported 650 650 @ArtsInfoGuy
Government Revenue Government Revenue (Local, State, Federal) (Local, State, Federal) $9.1 Million $9.1 Million @ArtsInfoGuy
Attendees Spent Attendees Spent $29.22 Per Person, Per Event $29.22 Per Person, Per Event Shopping & Clothing Shopping & Clothing $7.30 $7.30 Food & Drink Food & Drink $12.88 $12.88 Supplies & Groceries Supplies & Groceries $2.66 $2.66 Childcare Childcare $0.68 $0.68 Local Transportation Local Transportation $3.07 $3.07 Lodging (1 night only) Lodging (1 night only) $1.90 $1.90 Other Other $0.73 $0.73 @ArtsInfoGuy
Audiences: Local vs. Non Audiences: Local vs. Non- -Local Local Local Local 72% 72% Non Non- -Local Local 28% 28% (Nonlocal = Outside Litchfield County) (Nonlocal = Outside Litchfield County) @ArtsInfoGuy
Event Event- -Related Spending Related Spending Local vs. Non Local vs. Non- -Local Local $33.89 $33.89 $27.46 $27.46 Local Non-local 89% 89% of nonlocal attendees said, This arts event is the primary purpose for my trip. of nonlocal attendees said, This arts event is the primary purpose for my trip. @ArtsInfoGuy
Social Impact Responses By Social Impact Responses By Arts & Culture Attendees Arts & Culture Attendees 82% 82% . . . Pillar for me within my community. . . . Pillar for me within my community. 88% 88% . . . Inspires a sense of pride. . . . Inspires a sense of pride. 86% 86% . . . Preserved for future generations. . . . Preserved for future generations.
Arts Volunteerism Arts Volunteerism 2,671 Volunteers 2,671 Volunteers 193,000 Hours 193,000 Hours $6.7 Million Value $6.7 Million Value (Value of 2022 volunteer hour in Connecticut = $34.56)
AEP6 Downtown Torrington AEP6 Downtown Torrington $10.7 Million Industry $10.7 Million Industry 167 Jobs 167 Jobs $2.0 Million Government Revenue $2.0 Million Government Revenue @ArtsInfoGuy
Estimate Your Estimate Your Organization s Organization s Economic Impact Economic Impact
Arts & Creative Economy in Connecticut Arts & Creative Economy in Connecticut $12.8 Billion $12.8 Billion 4.0% of GSP 4.0% of GSP 54,741 Jobs 54,741 Jobs Bigger than Construction, Bigger than Construction, Education, and Transportation! Education, and Transportation! Accelerates economic recovery Accelerates economic recovery Diversifies economy Diversifies economy Stimulates statewide job growth Stimulates statewide job growth U.S.: $1.1 Trillion U.S.: $1.1 Trillion 4.3% of GDP 4.3% of GDP 5.2 Million Jobs (2022) 5.2 Million Jobs (2022) Source: U.S. Bureau of Economic Analysis
Arts Build Empathy & Understanding Arts Build Empathy & Understanding @ArtsInfoGuy
Claim Your Impact Claim Your Impact 1. What is the message? 1. What is the message? 2. Who gets the message? 2. Who gets the message? 3. Who delivers the message? 3. Who delivers the message? Golden Rule Golden Rule: No story without a number, : No story without a number, and no number without a story! and no number without a story! @ArtsInfoGuy
AEP6.AmericansForTheArts.org AEP6.AmericansForTheArts.org rcohen@artsusa.org rcohen@artsusa.org
