Author: Cwi, David

Publication Year: 1979

Media Type: Report

Summary:

This report presents a case study of the economic impact of ten institutions on the economy of the Twin Cities metropolitan area. The Introduction briefly presents the history and purpose of the project, and indicates the process by which cities and institutions were selected. The report continues with a section briefly describing the Twin Cities area economy and the broader arts community, while the third section of the report presents our findings concerning the economic effects of the examined institutions. This section begins with an outline of the study approach, data requirements and methods. Included is a review of the limited nature of our analysis.

Abstract:

This report presents a case study of the economic impact of ten institutions on the economy of the Twin Cities metropolitan area. The Introduction briefly presents the history and purpose of the project, and indicates the process by which cities and institutions were selected. The report continues with a section briefly describing the Twin Cities area economy and the broader arts community, while the third section of the report presents our findings concerning the economic effects of the examined institutions. This section begins with an outline of the study approach, data requirements and methods. Included is a review of the limited nature of our analysis. Findings are presented in terms of direct and secondary effects on local business volume, personal incomes and jobs, business investment and expansion of the local credit base together with effects on government revenues and expenditures.

A variety of technical matters concerning data quality and analytical methods are addressed in this section, especially matters involving local and visitor audience spending. The reader is referred to a detailed technical supplement for a more complete discussion of data handling and methodological issues.

The final section of the report is devoted to a further review of the limited nature of our analysis, including a discussion of the less tangible economic effects that have not been identified. Caveats are reviewed regarding the use of the data for the development of arts and economic development policies.

This report is the result of research on the audiences, staff and financial and operating characteristics of the following ten cultural institutions in the Minneapolis/St. Paul SMSA: The Children's Theatre. Chimera Theatre. The Cricket Theatre. The Guthrie Theatre. Minneapolis Institute of Arts. Minnesota Dance Theatre. Minnesota Orchestra. St. Paul Chamber Orchestra. Walker Art Center. The Science Museum of Minnesota. (Introduction, p. vi, 4).

CONTENTS
List of exhibits.
Preface: Organization of the report.

Section 1. Introduction:

A. The history of the project.
B. Project objective.
C. The institutions examined in Minneapolis/St. Paul.

Section 2. The Minneapolis/St. Paul economy and its arts community: an overview.

Section 3. The economic effects of ten cultural institutions on the Minneapolis/St.Paul
                metropolitan area. 

A. Study procedures. 
    Scope of study/Study methods and limitation. 
    Data requirements. 
B. Direct effects:
         Local institutional expenditures for goods, services and
         salaries.
         Guest artist spending.
         Audience spending. 
C. Secondary effects: 
         Secondary business volume, personal incomes and jobs.
         Additional investment and expansion of the local credit
         base. 
D. Government expenditures and revenues.

Section  4. Concluding caveats regarding study findings.

Arts & Intersections:

Categories: Economic Impact