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Arts Generate $1 Billion in Economic Impact for Maryland
In fiscal year 2010, 7.6 million people attended arts events in Maryland, generating $1 billion in economic impact for Maryland, according to a study released today by the Maryland Department of Business and Economic Development (DBED). The study, prepared for the Maryland State Arts Council (MSAC), also showed the arts generated an estimated $36.5 million in state and local taxes, and provided 10,671 full-time equivalent jobs which generated $385 million in salaries. In addition, every $1 of the arts organizations’ operating budgets generated $3.78 in additional economic activity. Arts organizations once again engaged their communities by offering free arts events and more than 5 million attended these events in 2010.
“The arts are a significant source for job creation and part of the economic engine that powers our State,” said Governor O’Malley. “By investing in the arts, we are making a commitment to the most important modern investment we can make in the talents, skills, education, creativity and ingenuity of our people. Together, we can build stronger, more sustainable communities for generations to come.”
While adapting to the new economic reality, Maryland’s arts industry, both arts organizations and arts audiences, continues to provide significant employment and generate substantial tax revenues for Maryland. Bright spots were evident in two regions in FY2010. The Western Maryland Region’s arts industry saw increases of 6.6% in full-time equivalent jobs and $1.9 million in direct spending on goods and services. The Upper Eastern Shore also saw increases of 3.9% in full-time equivalent jobs and $800,000 in direct spending.
Recognizing that arts spur creative thinking and are crucial to the development of a future workforce of innovators, educators continue to expose children to arts activities. The number of school children and school groups attending arts activities increased by 23%, from 1.3 million in 2009 to 1.6 million in 2010.
Arts organizations reported a total income of $232.4 million in 2010. About 45 percent, or $104 million, was earned from various program activities including ticket sales, exhibitor’s fees, contracts and memberships. To review the complete report, Economic Impact of Maryland Arts Organizations Supported by the Maryland State Arts Council FY2010,please visit the MSAC website at www.msac.org/publications.
Statistics for the study were drawn from 252 Maryland organizations that produce or present the arts around the State, and receive grants from the Maryland State Arts Council for ongoing support of their operations and programs. Data was collected utilizing the Maryland Cultural Data Project. The study did not take into account the economic impact of for-profit arts organizations and the activities of individual visual, performing and literary artists.
The mission of the Maryland State Arts Council, an agency of the Maryland Department of Business and Economic Development, Division of Tourism, Film and the Arts, is to encourage and invest in the advancement of the arts for the people of Maryland. For more information about the Maryland State Arts Council call (410) 767-6555 or TDD/TTY (410) 333-4519 or connect to the MSAC web site at www.msac.org.