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Greater Buffalo (Erie and Niagara Counties)

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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Page 1: Greater Buffalo (Erie and Niagara Counties)

Greater Buffalo(Erie and Niagara Counties)

Page 2: 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

Page 3: Greater Buffalo (Erie and Niagara Counties)

All 50 States + D.C.

Hawaii

Alaska

Page 4: Greater Buffalo (Erie and Niagara Counties)

How a Dollar is “Ripples” Through the Community

Page 5: Greater Buffalo (Erie and Niagara Counties)

Nonprofit Arts & CultureA Growth Industry

Page 6: Greater Buffalo (Erie and Niagara Counties)

Economic Impact ofNonprofit Arts & Culture Industry

$166.2 Billion Annual Expenditures

Page 7: Greater Buffalo (Erie and Niagara Counties)

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

Page 8: Greater Buffalo (Erie and Niagara Counties)

Percentage of U.S. WorkforceHow Nonprofit Arts & Culture Stacks Up . . .

Page 9: Greater Buffalo (Erie and Niagara Counties)

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

Page 10: Greater Buffalo (Erie and Niagara Counties)

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

Page 11: Greater Buffalo (Erie and Niagara Counties)

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

Page 12: Greater Buffalo (Erie and Niagara Counties)

Nonprofit Arts & Culture Attendees in Greater Buffalo

Spend $19.05 Per Person, Per Event

Page 13: Greater Buffalo (Erie and Niagara Counties)

Nonprofit Arts & Culture Attendees in Greater Buffalo

Local vs. Nonlocal

NonlocalAttendees

421,931(13%)

Local Attendees2.8 million

(87%)

Page 14: Greater Buffalo (Erie and Niagara Counties)

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

Page 15: Greater Buffalo (Erie and Niagara Counties)

How Greater Buffalo Stacks Up . . .Spending by Organizations

Buffalo $93.0 million

Similar Regions $103.0 million(N=35)

Page 16: Greater Buffalo (Erie and Niagara Counties)

How Greater Buffalo Stacks Up . . .Spending by Audiences

Buffalo $62.3 million

Similar Regions $88.6 million(N=35)

Page 17: Greater Buffalo (Erie and Niagara Counties)

How Greater Buffalo Stacks Up . . .Spending by Audiences

(Per Person, Per Event, Excluding Admission)

Buffalo $19.05

Similar Regions $23.47(N=35)

Page 18: Greater Buffalo (Erie and Niagara Counties)

How Greater Buffalo Stacks Up . . .Ratio of Local vs. Nonlocal Audiences

Buffalo 87% vs. 13%

Similar Regions 62% vs. 38%(N=35)

Page 19: Greater Buffalo (Erie and Niagara Counties)

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)

Page 20: Greater Buffalo (Erie and Niagara Counties)

Nonprofit Arts & Culture Industry in Greater Buffalo

A Local Industry Attracts Audiences Stimulates Business Development Supports Jobs Generates Government Revenue

Page 21: Greater Buffalo (Erie and Niagara Counties)

The Arts Mean Business!

www.AmericansForTheArts.org/EconomicImpact

Page 22: Greater Buffalo (Erie and Niagara Counties)
Page 23: Greater Buffalo (Erie and Niagara Counties)
Page 24: Greater Buffalo (Erie and Niagara Counties)