ERIC Number: ED225904
Record Type: RIE
Publication Date: 1980
Reference Count: 0
The Economic Impact of Six Cultural Institutions on the Economy of the Columbus SMSA.
The impact of six cultural institutions on the Columbus, Ohio, economy was determined by measuring their 1978 direct and indirect financial effects. The six institutions are Ballet Metropolitan, Columbus Museum of Art, Columbus Symphony Orchestra, Center of Science and Industry, Players Theatre of Columbus, and Columbus Association for the Performing Arts. Data gathered from the six institutions included operating and financial characteristics and total expenditures with local firms. Staff and audience surveys, tax rates and bases for all local jurisdications, local government expenditures, and the number of local housing units were also obtained. Direct local expenditures amounted to over $6,336,000. Twenty-four percent of the total went toward local expenditures for goods and services, 32 percent for salaries and wages, 26 percent filtered into the community through local audience spending, and 15 percent through non-local audience spending. Guest artists spent 2 percent of the total locally. Secondary business volume generated by institution-related effects totaled $10 million. Revenues to local government from the six institutions totaled $381,000 while costs to local government amounted to $245,000. (KC)
Publication Type: Reports - Research
Education Level: N/A
Sponsor: National Endowment for the Arts, Washington, DC.
Authoring Institution: Johns Hopkins Univ., Baltimore, MD. Center for Metropolitan Planning and Research.
Identifiers: Econometrics; Ohio (Columbus)
Note: For related documents, see SO 014 481-491.