Share your economic impact study and help make the case for arts investment

The cultural sector is a vital part of the UK’s economic success – delivering on a global and local scale. Economic impact studies are a great way to demonstrate the impact of our work and make the case for continued investment in arts and culture?

A number of tools have been developed that allow value to be measured using economic valuation methods but choosing the right one is not straightforward.

If you are thinking about undertaking an economic impact study such a study, read our Measuring the economic benefits of arts and culture report published May 2012 - it sets out practical guidance for any arts or cultural organisation thinking about conducting research into its economic benefits.

Call out to share your economic impact studies

We’d like to create a bank of economic impact studies which is accessible online to inspire the sector. If you have already produced one and would like share it with us pls send it to digital@artscouncil.org.uk or comment below and include a link to download it elsewhere.

 

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Lancaster Arts Partnership Economic Value of Arts Activity in the district of Lancaster Economic Impact Study Final Report January 2011
A strong arts sector has developed in Lancaster district over the past thirty years, supported with contributions from the Arts Council, Lancaster City Council and Lancashire County Council.
The report identifies 602 businesses and organisations located in the district within the arts sector, employing between 1,200 and 2,100 people and contributing more than £50m to the sub-regional economy.
http://issuu.com/liveatlica/docs/lap_economic_impact_study_-_final_versi...

South East Dance Studios felt that, while their cultural value to dance and the South East region was widely recognised, there was limited understanding of the economic value. In 2012 South East Dance commissioned an external consultant to lead a social and economic impact study to measure year one of the studio programme in Kent. You can read the report on the South East Dance Studios website: http://www.southeastdance.org.uk/studios/studios.html

During the summer 2012, Milton Keynes drew together a programme incorporating events across arts, heritage and leisure. Activities included Godiva Awakes, IF [Milton Keynes' International Festival] a Fringe Festival and Heritage Open Days. Below is a link to the Executive Summary for the Economic Impact Study which covers Cultural development in Milton Keynes; Economic and financial impacts and Expanding audiences and perceptions

http://www.milton-keynes.gov.uk/arts/documents/Evaluation_of_the_Summer_...

A new report launched by Chrysalis Arts, demonstrating that York & North Yorkshire’s arts and creative industries sector represents an important and expanding part of its economy.

http://www.creativenorthyorkshire.com/News.aspx?page=2&item=876

Study by BOP shows Tyne & Wear Archives & Museums' net economic impact in the North East is £42,737,278 and gross value added is £19,875,449 supporting 701 jobs.

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