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Economic Impact Reports

Click on the links below to view the report

"Cloud Round-up" by George Peters and Melanie Walker

This page allows you to download the "Economic Impact of the Arts" Report which is a PDF file that you can read with Adobe's Acrobat Reader software. If you do not already have the Acrobat Reader on your computer, you can obtain a free copy from the Adobe website

Arts & Economic Prosperity 5  (June 2017)

The Economic Impact of Nonprofit Arts and
Cultural Organizations and Their Audiences in

the City of Grand Junction, CO (Fiscal Year 2015)

 


Direct Economic Activity

 

Arts and Cultural Organizations

+

Arts and Cultural Audiences

=

Total Industry
Expenditures

Total Industry Expenditures

 

$11,275,100

 

$5,991,168

 

$17,266,268

 

Economic Impact of Spending by Arts and Cultural Organizations and Their Audiences


Total Economic Impact of Expenditures

 

Economic Impact of Organizations

+

Economic Impact of Audiences

=

Total
Economic Impact

Full-Time Equivalent (FTE) Jobs Supported

 

339

 

173

 

512

Household Income Paid to Residents

 

$9,350,000

 

$3,580,000

 

$12,930,000

Revenue Generated to Local Government

 

$490,000

 

$446,000

 

$936,000

Revenue Generated to State Government

 

$277,000

 

$179,000

 

$456,000

 

Event-Related Spending by Arts and Cultural Audiences Totaled $6 million (excluding the cost of admission)


Attendance to Arts and Culture Events

 

Resident1

Attendees

+

Nonresident1
Attendees

=

All
Cultural Audiences

Total Attendance to Arts and Culture Events

 

196,933

 

33,129

 

230,062

Percentage of Total Attendance

 

85.6%

 

14.4%

 

100.0%

Average Event-Related Spending Per Person

 

$18.29

 

$72.12

 

$26.03

Total Event-Related Expenditures

 

$3,601,905

 

$2,389,263

 

$5,991,168

 

Nonprofit Arts and Cultural Event Attendees Spend an Average of $26.03 Per Person (excluding the cost of admission)

 


Category of Event-Related Expenditure

 

Resident1

Attendees

 

Nonresident1
Attendees

 

All
Cultural Audiences

Meals and Refreshments

 

$12.25

 

$27.04

 

$14.37

Souvenirs and Gifts

 

$2.32

 

$4.55

 

$2.64

Ground Transportation

 

$1.16

 

$8.88

 

$2.27

Overnight Lodging (one night only)

 

$0.16

 

$26.87

 

$4.00

Other/Miscellaneous

 

$2.40

 

$4.78

 

$2.74

Average Event-Related Spending Per Person

 

$18.29

 

$72.12

 

$26.03

 

The Economic & Social Impact of the Arts Report (June 2007)

Every five years the Commission on Arts and Culture surveys the arts and cultural community and compiles this report. The Economic & Social Importance of the Arts in the Grand Valley is a four-page report provided as a PDF.

Some key findings in the report:

Economic Highlights

  • Arts & culture had a $27 million impact on the local economy in 2006
  • Grand Valley arts & cultural organizations & agencies spent $10 million in total operating expenditures
  • Arts & cultural organizations also invested $900,000 in capital project spending
  • This direct arts & cultural spending totaled $11 million, which generated another $16 million in indirect spending-totaling a $27 million impact to the community
  • Arts & cultural organizations & agencies took in $11 million in revenue, a 60% increase over total income in 2000, the last year data was collected (this includes both nonprofit organizations and govt. agencies that provide arts & cultural activities, facilities & programming)
  • Income for nonprofit arts & cultural organizations (excluding govt. agencies) increased 30% over 2000
  • Nonprofit arts & cultural organizations support 137 full time equivalent jobs at 18 different organizations or agencies-199 people work at full time or part-time jobs in the cultural industry
  • Mesa County has 255 for profit arts-related businesses that employ 883 people-local "creative industries" based on artistic or creative endeavors, from artists, architects, designers, galleries, and musicians, to radio and television and audio/video/movie production/sales/rentals

Social Highlights

  • 552,046 people attended or visited arts & cultural events & facilities in 2006-a 55% increase over 2000, the last year data was collected
  • 64 local arts & cultural organizations & agencies presented almost 2,000 events & activities in 2006-a 160% increase over 2000
  • Cultural activities attracted an estimated 98,000 attendees from outside Mesa County, bringing new money into the community
  • 3099 volunteers donated 144,795 hours to arts and cultural non-profits in 2006
  • Arts & cultural organizations boast over 15,000 paid members throughout Western Colorado
  • In 2006 there were 283,000 free admissions to cultural events or facilities (50% of total attendance/visits), making arts and culture more accessible and available to everyone

City of Grand Junction Commission on Arts and Culture

This is a print version of a webpage. View the original at: http://www.gjarts.org/art-resources-reports/economic-impact-reports/

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