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Last modified
4/12/2022 10:36:33 AM
Creation date
1/28/2022 4:26:22 PM
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Contracts
Company Name
AMERICANS FOR THE ARTS
Contract #
N-2022-025
Agency
Community Development
Insurance Exp Date
4/6/2023
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CUSTOMIZATION FOR YOUR COMMUNITY <br />As a local study partner, the City of Santa Ana will assist Americans for the Arts by collecting <br />data from arts and cultural organizations as well as individual arts attendees in your community. <br />These data will enable us to measure in 4 reliable and affordable manner the economic impact of <br />the City of Santa Ana's nonprofit arts and cultural industry in terms of four key areas of the <br />economy: <br />1. Full-time-equivalentjobs supported within the City of Santa Ana <br />2. Personal income paid to residents of the City of Santa Ana <br />3. Revenue generated for local governments in the City of Santa Ana <br />4. Revenue generated for the state govermnent <br />There are two areas that we study: (1) the economic impact of spending by eligible arts and <br />cultural organizations, and (2) the economic impact of event -related spending by their audiences. <br />1. Measuring the Impact of Spending by Arts and Cultural Organizations <br />Expenditures by eligible arts, cultural, humanities, and heritage organizations provide a <br />significant impact on the City of Santa Ana's economy. They are employers, producers, <br />consumers, and key partners in marketing their communities and states. Spending by <br />these organizations is far reaching; they pay their employees, purchase supplies, contract <br />for services, and acquire assets. These actions, in turn, support jobs, create household <br />income, and generate revenue to local and state governments. We will provide a detailed <br />definition of which types of organizations, programs, agencies, and facilities are eligible <br />to participate in the study (for profit businesses and individual artists are excluded from <br />this study's methodology). <br />2. Measuring the impact of Event -Related Spending by Arts and Cultural Audiences <br />Arts, cultural, humanities, and heritage organizations —unlike most industries —leverage <br />significant amounts of event -related spending by their audiences, Arts events that take <br />place in the City of Santa Ana generate attendance -related commerce for restaurants and <br />bars and cafes, retail stores, hotels, parking garages, and more. Just like the dollars spent <br />by arts acid cultural organizations, the event -related spending by their audiences supports <br />jobs, creates household income, and generates revenue to local and state governments. In <br />addition, our methodology analyzes audience data by ZIP code to differentiate spending <br />by local attendees vs, cultural tourists. <br />ARTS & ECONOMIC PROSPERITY'S ECONOMIC ANALYSIS <br />The project researchers will build and customize an econometric input-output model to reflect the <br />unique economy of the City of Santa Ana using the IMPLAN (Impact Analysis for Planning) <br />economic impact assessment platform. An input-output model is a system of mathematical <br />equations that combine statistical methods and economic theory in an area of study called <br />econometrics. It is based on a matrix which tracks the dollar flows between finely detailed <br />Industries within a community and allows researchers to determine the economic impact of local <br />spending on jobs; household income, and government revenue. Input-output modeling is a <br />widely accepted methodology has been the basis for two Nobel prizes in economics. The <br />overall Arts & Economic Prosperity study methodology has been reviewed and approved <br />previously by economists from Bank of America and by the White House Council of <br />Economic Advisors. <br />To request a web -based contract via DocuSign, contact Ben Davidson (bdavidson@artsusa.org). <br />Alternatively, you may print/complete this document, scan/save it, and return it via email for approval. <br />
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