Art

Arts & Economic Prosperity Study (in Sioux Falls Area)

I have received a copy of the study, the FULL document is attached below.

Once you start to look at the study, it is obvious the National organization uses a boilerplate for the study, so a lot of the data in the study, or mostly the quotes are from that.

On page 3 they give our local data and economic impact, which is impressive; $105 million dollars.

Than some numbers get a little skewed. For instance on page 4 they say the average household income in SF is $71K, which is much higher than the National average of $23K. I’m wondering if this is the average income of those who were surveyed. Kind of confusing. Page 8 also has this disparity.

This disparity also shows up in ONE night of lodging on page 9. The average was about $10 a night. Not sure how this average comes about, but that seems very low, unless of course a family of five is spending the night in a campground. This gets cleared up on page 10 where the study says only about 17% of attendees spend the night in SF.

On page 11 it shows that a large percentage of residents who attend events are over 55 (56%) and have an income of over $80K a year (52%). Which isn’t such a bad thing because it is evenly spread between people younger than that and of lower incomes. The arts are truly enjoyed by everyone in our community.

The rest of the study explains how they come up with the results.

I think the study is a good start, but I would like to see a community wide study that also includes the Events Center and Convention Center (they are NOT non-profits).

FULL PDF Document: arts-econ-pros

A local economic impact study that actually shows us the numbers

Of course, it did NOT come from city hall. That would go against their fierce opposition to transparency.

Findings reveal the non-profit arts and culture industry generates $104.5 million in total economic activity in the Sioux Falls area, supports 3,567 full-time equivalent jobs, generates $71.1 million in household income to local residents and generates $2.8 million in revenue to local government.

The Study found that on top of admission costs to events, arts and culture audiences spend an additional $30.35 per person per event. This figure is up from $21.57 reported in a similar study released in 2012. The effect of these dollars is felt throughout the local economy: organizations pay employees, purchase supplies, contract for services, and acquire assets within the community while audiences spend money locally on meals, hotel rooms, and gas, among other things. The ripple effect of arts and culture spending in Sioux Falls amounts to $84.8 million annually.

Add to this the $20.8 million spent by arts and cultural nonprofits themselves, the result is $105.4 million in cumulative economic activity in Sioux Falls.

What I found interesting is that while the Pavilion participated, SMG (Events Center) and the Convention Center did NOT. You would think that if both or either one participated, these numbers would look very different. But like I said already, that would require letting the public look at the books.

I have requested a full copy of the study.