Thanks to our friends at MassNonprofit.org for sharing a link to this great resource in their online newsletter.
The Arts & Economic Prosperity calculator is a free and simple tool that makes it possible for arts and culture organizations to estimate the economic impact of their nonprofit arts and culture organization on the local economy.
These analyses are based on a research study of a national economic impact study of nonprofit arts and culture organizations undertaken by Americans for the Arts, the nation’s leading nonprofit organization for advancing the arts in America,
By inputting a few data points into an online calculator, organizations can determine how their annual budget translates into full-time-equivalent jobs in their area, as well as total dollars received by their local and state governments (e.g., license fees, taxes) as a result of the expenditures made by arts and culture organizations and/or their audiences.
To access the calculator, click here.