Economic Impact of the Arts in Maryland: FY2011

Page 1

Economic Impact

Arts

of the in Maryland


Arts intersect with the economy at key leverage points, including employment, state and local tax revenue, visitor spending and more. Read the full report at msac.org.


Nonprofit Arts Organizations and their Audiences

An Economic Engine for Maryland

11,434

Total Economic Impact

$399

$1 billion The total $1 billion economic impact of FY 2011 Maryland State Arts Council grantees supports jobs and salaries and generates state and local tax revenue.

Full-time equivalent jobs

Million in salaries

$37.8 Million in tax revenue


Employment Impact Across Maryland, jobs created by the arts pump $399 million back into communities through salaries earned.

3 1

Eastern (upper)

Western Maryland

$11.7

Capital

$9.0

2

5

$161.5

11,434 Full-time Equivalent Jobs

Central

$210.7

4 Southern

$2.2

6 Eastern (lower) $3.6

$399 million in salaries

Every $1 of MSAC grantees’ operating budgets generates $3.64 in total economic activity.

$1$1

$1$1 $1$1 $1$1 .64.64


Audience Impact Marylanders value and engage with the arts! And the arts provide many opportunites for learning and cultural enrichment free of charge.

7.9 million people

{

attended arts events, classes and workshops. of this group

1.9

5.1

million

million

were children

attended free

$320 million in visitor spending was generated by arts audiences.

www.msac.org 410.767.6555 . MD Relay TTY: 1.800.735.2258 or 711


Maryland State Arts Council

About Economic Impact of the

The Maryland State Arts Council is an agency of the Maryland Department of Business and Economic Development, Division of Tourism, Film and the Arts.

Arts in Maryland: FY2011: Statistics for the study were drawn from 244 Maryland organizations that produce or present the arts around the state, and receive grants from the Maryland State Arts Council for ongoing support

175 West Ostend Sreet, Suite E Baltimore, Maryland 21230 410-767-6555 voice | 1-800-735-2258 tty

www.msac.org | msac@msac.org Martin O’Malley, Governor | Anthony G. Brown, Lt. Governor

of their operations and programs. The study was conducted by the Department of Business & Economic Development (DBED) utilizing Maryland Cultural Data Project data supplied by the grant recipients. The study does not take into account the economic impact of for-profit arts organizations and the activities of individual visual, performing and literary artists.Â

Individuals who do not use conventional print may contact the Maryland State Arts Council office to obtain this report in an alternate format.


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