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Economic Impact of the in Maryland Arts

Economic Impact of the Arts in Maryland Fiscal Year 2012

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The Maryland State Arts Council's 241 nonprofit grantees had a $1.07 billion economic impact on the state in FY2012.

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Page 1: Economic Impact of the Arts in Maryland Fiscal Year 2012

EconomicImpact

of the in Maryland

Arts

Page 2: Economic Impact of the Arts in Maryland Fiscal Year 2012

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.

Page 3: Economic Impact of the Arts in Maryland Fiscal Year 2012

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

Page 4: Economic Impact of the Arts in Maryland Fiscal Year 2012

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

Page 5: Economic Impact of the Arts in Maryland Fiscal Year 2012

{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.

Page 6: Economic Impact of the Arts in Maryland Fiscal Year 2012

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.