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Montgomery County Findings

Montgomery County Findings. Economic Impact of Montgomery County Nonprofit Arts & Culture Industry $151 Million Annual Expenditures (2010). Montgomery County Nonprofit Arts & Culture Industry Organizations $76.7 Million Audiences $74.3 Million Total $151 Million

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Montgomery County Findings

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  1. Montgomery County Findings

  2. Economic Impact of Montgomery County Nonprofit Arts & Culture Industry $151 Million Annual Expenditures (2010)

  3. Montgomery County • Nonprofit Arts & Culture Industry • Organizations $76.7 Million • Audiences $74.3 Million • Total $151 Million • Supports 2,955 FTE jobs • Generates $10.2 million in government revenue

  4. Arts and the “Great Recession” Changes between 2005 and 2010 Unemployment 5.1% to 9.7% Consumer Confidence 101 to 54 Home Foreclosures Tripled: 885,000 to 2.9 million Spending on recreation, entertainment, shopping: $192 to $164 billion Jobs in tourism, food & beverage Live attendance: arts and sports

  5. Arts Volunteerism • 11,642 arts volunteers donated 520,755 hours for a $11 million value • Value of 2010 volunteer hour = $21.36

  6. Arts & Economic Prosperity IV 5 Take-Aways $151 million industry Supports 2,955 jobs Generates $10.2 million in government revenue Attendees spend $21.62 per person (beyond admission) Resilient in tough economic times

  7. Attendance at Cultural Events Jumps 85%! Attendance 2005 1.9 Million Attendance 2010 3.4 Million

  8. The Arts Mean Business!www.Creativemoco.com/aep4

  9. Montgomery County Attendees Spent $21.62 Per Person, Per Event

  10. Montgomery County Attendees Spent $74.3 Million

  11. Montgomery County Surges in Economic Impact

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