Most	  Comprehensive	  Study	  Ever	  All	  50	  States—Including	  Montgomery	  County!	  
                      	                       	                       	  Organiza=ons	  &	  Audiences	  Spent	            ...
               	                	  Jobs	  Supported	  (FTE)	                	       2,955	         	  
                         	                          	                          	  Local	  &	  State	  Government	  Revenue...
APendees	  Spent	  	  $21.62	  Per	  Person,	  Per	  Event	                       Souvenir/Gifts                        $1...
Event-­‐Related	  Spending	                       Local	  vs.	  Nonlocal	  Audiences	                                     ...
Arts	  Volunteerism	  Ø 11,624	  volunteers	  Ø 521,000	  hours	  	  Ø $11.1	  million	  value	  	    	  	    	  (2010	...
Na=onal	  AEP4	  Research	  Partners	  
How	  MoCo	  Stacks	  Up!	                                                                                   Total        ...
Arts	  &	  Economic	  Prosperity	  IV	  1.  $151	  million	  industry	  2.  2,955	  FTE	  jobs	  3.  $10.3	  million	  in	...
Arts       Creativity         Innovation            Ready to Innovate Conclusion:“…it is clear that the arts—music, creati...
Crea=ve	  Montgomery	  County	  3,977	  Arts-­‐Related	  Business	  Employ	  14,029	  People	  	                          ...
 The	  Arts	  Mean	  Business! www.AmericansForTheArts.org/EconomicImpact	  
Arts	  and	  the	  “Great	  Recession”	                Changes	  between	  2005	  and	  2010	        Unemployment	        ...
Arts & Economic Prosperity IV - Montgomery County Data
Arts & Economic Prosperity IV - Montgomery County Data
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Arts & Economic Prosperity IV - Montgomery County Data

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The Montgomery County Arts & Economic Prosperity IV (AEP IV) study documents the key role played by the nonprofit arts and culture industry, and their audiences, in strengthening County's economy. Data from this study was released at the Montgomery County AEP IV Summit on September 19, 2012. Learn more at http://creativemoco.com/aep4!

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Arts & Economic Prosperity IV - Montgomery County Data

  1. 1. Most  Comprehensive  Study  Ever  All  50  States—Including  Montgomery  County!  
  2. 2.        Organiza=ons  &  Audiences  Spent     $151  Million        
  3. 3.      Jobs  Supported  (FTE)     2,955    
  4. 4.        Local  &  State  Government  Revenue     $10.3  Million        
  5. 5. APendees  Spent    $21.62  Per  Person,  Per  Event   Souvenir/Gifts $1.02Meals & Snacks Transportation $13.22 $1.43 Lodging $4.72 Other $1.23
  6. 6. Event-­‐Related  Spending   Local  vs.  Nonlocal  Audiences   $30.14 $15.51 Local Non-Local77  percent  of  nonlocal  a-endees  said:  “this  arts  event  is  their  primary  purpose  for  their  trip.”  
  7. 7. Arts  Volunteerism  Ø 11,624  volunteers  Ø 521,000  hours    Ø $11.1  million  value          (2010  volunteer  hour  =  $21.36)  
  8. 8. Na=onal  AEP4  Research  Partners  
  9. 9. How  MoCo  Stacks  Up!   Total Organizational Audience Industry Expenditures Expenditures Expenditures District of Columbia $688,101,361 $394,790,447 $1,082,891,808 Montgomery County, MD $76,727,887 $74,321,520 $151,049,407 Arlington County, VA $90,053,057 $7,324,424 $97,377,481 City of Alexandria, VA $26,075,019 $44,580,402 $70,655,421 Fairfax County VA $49,253,685 $30,066,316 $79,320,001 Prince George’s County, MD $16,322,724 $12,639,245 $28,961,969 Greater Washington DC Region $946,533,733 $563,722,354 $1,510,256,087 Smithsonian Institution (estimated) $1,093,408,454 $984,668,584 $2,078,077,038Greater DC (including Smithsonian) $2,039,942,187 $1,548,390,938 $3,588,333,125
  10. 10. Arts  &  Economic  Prosperity  IV  1.  $151  million  industry  2.  2,955  FTE  jobs  3.  $10.3  million  in  government  revenue  4.  APendees  spend  $21.62  per  person  (beyond  admission)  5.  #2  in  Region  &  resilient  in  tough  economic  =mes  
  11. 11. Arts Creativity Innovation Ready to Innovate Conclusion:“…it is clear that the arts—music, creative writing, drawing, dance—provide skills sought by employers of the third millennium.”
  12. 12. Crea=ve  Montgomery  County  3,977  Arts-­‐Related  Business  Employ  14,029  People     5.5%  of  78,181  businesses   2.2%  of  637,531  employees  
  13. 13.  The  Arts  Mean  Business! www.AmericansForTheArts.org/EconomicImpact  
  14. 14. Arts  and  the  “Great  Recession”   Changes  between  2005  and  2010   Unemployment   Consumer   Home  Foreclosures   5.1%  to  9.7%   Confidence   Tripled:     101  to  54   885,000  to  2.9  million   Spending  on  recreaRon,   Jobs  in  tourism,   Live  a-endance:  entertainment,  shopping:   food  &  beverage   sports  and  arts   $192  to  $164  billion  
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