“Explore Charitable Giving in Your State, City, and Neighborhood” — An exclusive Chronicle of Philanthropy study shows how much money Americans give to charity. How does your community compare? Use their interactive website to find out.
Economic Impact
Data Matters – Fall 2012 Issue
The Cultural Data Project is excited to announce the release of the fall 2012 issue of Data Matters, our newsletter for participating arts and cultural organizations. In this issue: Meet our researchers, and discover how your data is fueling the case for the arts and cultural sector; Learn how to give your organization a financial health check-up with the Financial Health Analysis; Discover helpful hints for media organizations and literary organizations, plus tips for organizations operating under a parent … and much more.
Museums and the American Economy in 2011
In 2011, American museums reflected the overall state of the U.S. economy, with a high level of economic stress and continued belt-tightening but also the signs of potential recovery. For the third year in a row, a majority of museums report increased attendance but moderate to very severe economic stress. Yet budgets are shrinking at a slower pace, museums are starting to hire new workers, and spending on K-12 education remains a high priority. Museum leaders are optimistic that economic conditions will improve in 2012, while recognizing that the field continues to face serious economic challenges.
Intellectual Property and the U.S. Economy: Industries in Focus
The U.S. Commerce Department today released a comprehensive report, entitled “Intellectual Property and the U.S. Economy: Industries in Focus,” which finds that intellectual property (IP)-intensive industries support at least 40 million jobs and contribute more than $5 trillion dollars to, or 34.8 percent of, U.S. gross domestic product (GDP).
The report has several important findings, including:
- IP-intensive industries contributed $5.06 trillion to the U.S. economy or 34.8 percent of GDP in 2010.
- 40 million jobs, or 27.7 percent of all jobs, were directly or indirectly attributable to the most IP-intensive industries in 2010.
- Between 2010 and 2011, the economic recovery led to a 1.6 percent increase in direct employment in IP-intensive industries, faster than the 1.0 percent growth in non-IP-intensive industries.
- Merchandise exports of IP-intensive industries totaled $775 billion in 2010, accounting for 60.7 percent of total U.S. merchandise exports.
FY11 Arts and Culture Economic and Community Impact Report
The FY11 Arts and Culture Economic and Community Impact Report provides evidence that arts and cultural organizations are instrumental in making San Diego a vibrant city. The report found that the 68 arts and culture organizations funded with $5.8 million by the Commission’s OSP program stimulate the economy with over $170 million in expenditures. The report noted that economic activity created by cultural tourists, which spend more and stay longer, is particularly important to San Diego, creating jobs and attracting revenue. In 2011, over 2 million visitors participated in arts and cultural events funded by the Commission – supporting the local economy including hotel expenditures that directly contribute to Transient Occupancy Tax (TOT) revenue. In addition, the 68 Commission-funded arts and culture organizations employ a workforce of more than 6,000.
The report also noted that the San Diego region is home to 4,631 arts-related businesses, both for profit and nonprofit, ranking 7th among the top largest US cities – ahead of Seattle, Phoenix, Denver and Philadelphia according to Creative Industries research conducted by Americans for the Arts. These businesses employ 22,727 people, placing San Diego 9th in the nation.
State of Create – global benchmark study
New research reveals a global creativity gap in five of the world’s largest economies, according to the Adobe (Nasdaq:ADBE) State of Create global benchmark study. The research shows 8 in 10 people feel that unlocking creativity is critical to economic growth and nearly two-thirds of respondents feel creativity is valuable to society, yet a striking minority – only 1 in 4 people – believe they are living up to their own creative potential.
Interviews of 5,000 adults across the United States, United Kingdom, Germany, France and Japan expose surprising attitudes and beliefs about creativity, providing new insights into the role of creativity in business, education and society overall.
