greater buffalo (erie and niagara counties)

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Greater Buffalo (Erie and Niagara Counties). 156 Study Regions— Including Buffalo. Hawaii. Alaska. All 50 States + D.C. . How a Dollar is “Ripples” Through the Community. Nonprofit Arts & Culture A Growth Industry. - PowerPoint PPT Presentation

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Greater Buffalo(Erie and Niagara Counties)

156 Study Regions—Including BuffaloPopulation Group No. Study

RegionsLess 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

All 50 States + D.C.

Hawaii

Alaska

How a Dollar is “Ripples” Through the Community

Nonprofit Arts & CultureA Growth Industry

Economic Impact ofNonprofit Arts & Culture Industry

$166.2 Billion Annual Expenditures

Government and the Arts7:1 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. WorkforceHow Nonprofit Arts & Culture Stacks Up . . .

Nonprofit Arts & Culture Industry in Greater Buffalo

$155.3 Million Annual ExpendituresFull-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 ExpendituresFull-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 ExpendituresFull-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

NonlocalAttendees

421,931(13%)

Local Attendees2.8 million

(87%)

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

$16.99

$33.00

$0

$5

$10

$15

$20

$25

$30

$35

Local Non-Local

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

Buffalo 87% 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!

www.AmericansForTheArts.org/EconomicImpact

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