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12/12/2017
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12/12/2017
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The impact of spending by nonprofit arts and cultural , <br /> organizations is far reaching: they pay their employees, <br /> purchase supplies, and acquire assets within the local <br /> community. Additionally, unlike most industries, the <br /> arts leverage significant event-related spending by their <br /> audiences. Whether serving the local community or <br /> out-of-town visitors, a vibrant arts and culture industry <br /> helps local businesses thrive. <br /> Impact of the/Nonprofit arts and.Cultural Organizations <br /> Total Direct Expenditures $16,019,023 <br /> Full-Time Equivalent Jobs 471 <br /> Resident Household Income $9,468,000 <br /> Local Government Revenue $796,000 <br /> State Government Revenue $1,328,000 <br /> Impact of the Nonprofit Arts and Cultural Audiences <br /> Total Direct Expenditures $8,855,149 <br /> Full-Time Equivalent Jobs 180 <br /> Resident Household Income $3,193,000 <br /> Local Government Revenue $331,000 <br /> State Government Revenue $565,000 <br /> • <br /> Event-Related Arts and Cultural Audience Spending <br /> Residents/ NonResidents' <br /> Attendance 259,676 87,021 <br /> Percent of Total 74.9% 25.1% <br /> Per Person Average $18.90 $45.36 <br /> • <br /> • Total Spending $4,907,876 $3,947,273 <br /> Average Dollars Spent Per Person,Per Event <br /> Refreshments/Snacks At Event $5.32 <br /> Meals Before/After Event $10.05 <br /> Souvenirs and Gifts $5.00 <br /> Clothing and Accessories $0.99 <br /> Ground Transportation $2.01 <br /> . Event-Related Child Care $0.14 <br /> Overnight Lodging(one night only) $2.05 <br /> Other/Miscellaneous $0.00 <br /> Total Per Person Spending $25.56 <br /> I Residents live within Indian River County; <br /> Nonresidents live elsewhere. T. 1-2_ <br /> _2_ <br />
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