Item B: Arts & Economic Prosperity IV (AEP4)

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The Arts & Economic Prosperity IV C alculator To make it easier to co npare the economic impacts of different organizations within the City of Bugene, the project researchers calculated the economic impact per $100,000 of direct spending by nonprofit arts and culture organizations and their audiences. Economic Impact Per $100,000 of Direct Spending by ORGANIZATIONS For every $100,GDO in direct spending by a nonprofit arts and culture organization in the City of Eugene, there was the following total economic impact. TABLE 11' Ratios of Economic tmpnet Per 310,000 of DIrect Spending by Nonprolit Arts and Culture QrgankEtions in the City or Eugene State government RevimuD $1,853 $4,491 $4,656 An Example of How to Use the Organizational Spending Calculator'Cable (above): An administrator from a nonprofit arts and culture organi7vioti that has total expenditures of $250,000 %+rants to determine the organization's total economic impact can full -time equivalent (FTE) employment in the City of Eugene. The administrator would: 1. Determine the amotint spent by the nonprofit arts and culture organization; 2. Divide the total expenditure by 100,D00; and 3. Multiply that figure by the FTE employment ratio per $100,000 for the City of Eugene. Thus, $250,000 divided by 100,000 equals .5; 2.5 braes 4.22 (from the top raw of data on Table I above) equals a total of 10.6 full -time equivalentiobs supported (both directly and indirectly) within the City of Eugene by that nonprofit arts and culture organization. Using the some procedure, the estimate; can be calculated for resident household income and local and state government revenue. Arts 4 ZCW0 i0 Pros 011 1V I Amencans for the Arts 13 Median of Similar Study Regions {pity [►f Ea1;eno Pop, w 100, 000 to 249,999 Nntiunn] Median Full - "rime Equivaknt Jobs 4,22 169 3.46 Resident Household Income 381,502 $82,457 $82,034 Local Government Revenue 33 :$3,821 $3,81y State government RevimuD $1,853 $4,491 $4,656 An Example of How to Use the Organizational Spending Calculator'Cable (above): An administrator from a nonprofit arts and culture organi7vioti that has total expenditures of $250,000 %+rants to determine the organization's total economic impact can full -time equivalent (FTE) employment in the City of Eugene. The administrator would: 1. Determine the amotint spent by the nonprofit arts and culture organization; 2. Divide the total expenditure by 100,D00; and 3. Multiply that figure by the FTE employment ratio per $100,000 for the City of Eugene. Thus, $250,000 divided by 100,000 equals .5; 2.5 braes 4.22 (from the top raw of data on Table I above) equals a total of 10.6 full -time equivalentiobs supported (both directly and indirectly) within the City of Eugene by that nonprofit arts and culture organization. Using the some procedure, the estimate; can be calculated for resident household income and local and state government revenue. Arts 4 ZCW0 i0 Pros 011 1V I Amencans for the Arts 13