economic impact of the arts in maryland fiscal year 2012
DESCRIPTION
The Maryland State Arts Council's 241 nonprofit grantees had a $1.07 billion economic impact on the state in FY2012.TRANSCRIPT
EconomicImpact
of the in Maryland
Arts
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.
12,700Full-time
equivalent jobs
$427Million
in salaries
$48Million in
state and localtax revenue
Nonprofit Arts Organizations and their Audiences
An Economic Engine for Maryland
$1.07 billionThe total $1.07 billion economic impact of fiscal year 2012 Maryland State Arts Councilgrantees supports jobs and salaries and generates state and local tax revenue.
Total Economic Impact
Western Maryland
$10.4
Eastern(upper)
$12.7
Eastern (lower)
$3.2
Central
$232.8 Southern
$2.2
Capital
$165.3
1
2
3
4
5
6
Employment Impact
Every $1 of MSAC grantees’ operating budgets generates $3.60 in total economic activity.
$1 $1 $1 $1
Across Maryland, jobs supported by the nonprofitarts sector pump $427 million back intocommunities through salaries earned.
12,700Full-time
Equivalent Jobs
$427million
in salaries
^
.60
{7.7million peopleattended arts venues, events, classes and workshops
$345million in visitorspending
was generated by arts audiences.
Of this group
4.8million
attended free
www.msac.org 410.767.6555 . MD Relay TTY: 1.800.735.2258 or 711
Audience Impact Marylanders value and engage with the arts! And thearts provide many opportunites for learning and culturalenrichment free of charge.
About Economic Impact of the Arts FY2012: Statistics for the study were drawn
from 241 Maryland organizations
that produce or present the arts
around the state, and receive
grants from the Maryland State
Arts Council (MSAC) for ongoing
support 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
MSAC fiscal year 2012 grant
recipients. The study does not
include the economic impact of
for-profit arts organizations and the
activities of individual visual
performing and literary artists.
Maryland State Arts CouncilThe Maryland State Arts Council is an agency of the Maryland Department of Business and Economic Development, Division of Tourism, Film and the Arts.
175 West Ostend Sreet, Suite EBaltimore, Maryland 21230410-767-6555 voice | 1-800-735-2258 tty
www.msac.org | [email protected] O’Malley, Governor | Anthony G. Brown, Lieutenant Governor
Individuals who do not use conventional print may contact the Maryland
State Arts Council office to obtain this report in an alternate format.