Estimating The Economic Impact Of Local Cultural Organizations: The Charlotte Arts & Science Council Example
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Abstract
This paper details the impact of the 58 affiliated members of the Charlotte Arts & Science Council on the economy of Mecklenburg County, North Carolina. We find that the affiliated members of the Arts & Science Council had a sizable impact on the Mecklenburg economy. Output was expanded by $129,171,622; earnings were increased by $50,589,999; and employment was increased by 2,132 full-time equivalent jobs. These economic impacts were an important addition to the rich and varied cultural offerings provided by the Arts & Science Council affiliates.