Page 21 - Fall 2021 inLEAGUE with Historic Theatre Resource Guide/Allied Member Directory

thE PowEr of thE historiC thEAtrE 2020-21(pandemic)Findings

*
DiminishED GrEAtLy DUrinG thE PAnDEmiC A Single Historic Theatre in a large city

Has the potential to...
HISTORIC THEATRE ECONOMIC IMPACT STUDY • Sustain 84 full-time equivalent jobs (Down 83%)
• Create $2.7 million in total expenditures

Our friends at Americans for the Arts created a wealth of research to substantiate • Generate $256,781in revenue for state and local governments
the value of nonprofit arts and cultural institutions. LHAT has taken that research and • Add $2 million to household incomes in your community
applied it to our own research collected from historic theatres across the nation. To do
a personalized study for your organization, we suggest you visit Americans for the Arts * Population 1 million plus
at AmericansForTheArts.org.
*
How best to use this study: Enter your own numbers in the online calculator at A Single Historic Theatre in a medium-size city
Americans for the Arts. Compare that to our averages. If above, you have
reason to brag. If below, you can make the case that fully-funded, you can Has the potential to...
have an even greater impact on your community. COMPARE those numbers to • Sustain 53 full-time equivalent jobs (Down 66%)
Pre-Pandemic numbers on the next page and remind your community what you • Create $1.6 million in total expenditures
could be doing! You create jobs and household wealth! • Generate $151,061 in revenue for state and local governments
• Add $1.2 million to household incomes in your community
DEFINITIONS:
* Population 250-499K
Total Expenditures:
The total dollars spent by your nonprofit arts and culture organization and its A Single Historic Theatre in a small city
*
audiences; event-related spending by arts and culture audiences is estimated using
the average dollars spent per person by arts event attendees in similarly populated Has the potential to...
communities.
• Sustain 20 full-time equivalent jobs (Down 49%)
FTE Jobs: • Create $642,107 million in total expenditures
The total number of full-time equivalent (FTE) jobs in your community that are • Generate $53,217 in revenue for state and local governments
supported by the expenditures made by your arts and culture organization and/or • Add $395,493 to household incomes in your community
its audiences. An FTE can be one full-time employee, two half-time employees, four
employees who work quarter-time, etc. * Population less than 50,000

Government Revenue:
The total dollars received by your local and state governments (e.g., license fees, Additional population sizes:
taxes) as a result of the expenditures made by your arts and culture organization
and/or its audiences. Does not matter if you are a non-profit. You still contribute. Population 500-999K / Population 100-249K / Population 50-99,000

Household Income: FTE Jobs Expenditures Gov’t Revenues Household Income
The total dollars paid to community residents as a result of the expenditures made 48 / 35 / 33 $1.3M / $1M / $1M $136K / $84K / $80K $1M / $690K / $680K
by your arts and culture organization and/or its audiences. Household income
includes salaries, wages, and proprietary income.

When using these estimates Americans for the Arts suggests that you always keep the following in mind: (1) the
results of this analysis are based upon the averages of similarly populated communities, (2) input/output models
were customized for each of these similarly populated communities, providing very specific employment,
household income, and government revenue data, and (3) these results are therefore estimates, and should
not be used as a substitute for conducting an economic impact study that is customized for your community.

PAGE 18| INLEAGUE League of Historic American Theatres Historic Theatre Resource Guide / Allied Member Directory December 2021 INLEAGUE | PAGE 19