Association Economic Impact on St. Louis Region

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The 461 associations based in

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Association Economic Impact on St. Louis Region

  1. 1. Economic Impact of St. Louis-based Associations Executive Summary of 2012 Market Research Project© 2013 STIAL
  2. 2. About STIALThe St. Louis Institute for AssociationLeadership connects association leadersthrough ideas, collaboration and educationthat makes them, and their association,stronger.
  3. 3. Our Mission• Stronger associations through stronger association leadership – Tip of the Week (700+ professionals) – Monthly meetings (30-40 leaders) – Brown bag sessions (key topics) – Special events (networking, education)
  4. 4. Purpose of Study• Determine the economic impact of trade associations and professional societies located in the greater St. Louis region
  5. 5. HighlightsSt. Louis based trade associations andprofessional societies are very diverse:• Very small: < $100,000 budgets & volunteer led• Very large: $20+ million budgets with 80+ paid staff• Local focus to global focus• Concentration of agricultural and medical organizations
  6. 6. SummarySt. Louis based trade associations andprofessional societies provide substantialeconomic activity in St. Louis:• Payrolls exceed $200 million• Employ more than 2,800 people• Engage nearly 1 million members worldwide
  7. 7. Methodology• The economic impact study analyzed data from 74 St. Louis-based trade associations and professional societies• The data weighted and projected to reflect the 461 organizations based in the St. Louis area• It does NOT reflect not-for-profit charities, foundations or educational institutions
  8. 8. Associations By Staff Size90.0% 80.0%80.0%70.0%60.0%50.0%40.0%30.0%20.0% 10.0%10.0% 5.0% 5.0% 0.0% Very Large Large Mid Small 40+ staff 10-39 5-9 0-4
  9. 9. Associations By Total Revenue$450 (in millions) $401$400$350$300$250$200$150 $134 $109$100 $59 $50 $- Very Large Large Mid Small 40+ staff 10-39 5-9 0-4
  10. 10. Association Membership500,000 473,482450,000400,000350,000300,000250,000 238,615200,000150,000100,000 86,067 50,000 32,114 0 Very Large Large Mid Small 40+ staff 10-39 5-9 0-4
  11. 11. Association Employees1,600 1,4501,4001,2001,000 800 600 460 502 419 400 200 0 Very Large Large Mid Small 40+ staff 10-39 5-9 0-4
  12. 12. Association Payrolls$120.0 $115.9$100.0 $80.0 $60.0 $40.0 $30.3 $33.1 $21.4 $20.0 $- Very Large Large Mid Small 40+ staff 10-39 5-9 0-4
  13. 13. Association Meetings
  14. 14. AssociationExhibit BoothsNumber of Exhibit Booths
  15. 15. AssociationMeeting Attendance Number of Attendees
  16. 16. SummarySt. Louis based trade associations andprofessional societies provide substantialeconomic activity in St. Louis:• Payrolls exceed $200 million• Employ more than 2,800 people• Engage nearly 1 million members worldwide• Two-thirds of their meetings NOT in STL

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