Economic Impact of the Arts in Maryland

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The arts generated $1.14 Billion in economic impact for Maryland in fiscal year 2009, according to a recent study released by the Maryland Department of Business and Economic Development (DBED). The study, prepared for the Maryland State Arts Council (MSAC), also showed the arts generated an estimated $41.4 million in state and local taxes, up from $37.3 million in FY2006, and generated 12,000 full-time jobs. In addition, for every dollar of direct spending by audiences attending arts events, another $2.85 was generated on other goods and services.

Fiscal Year 2009 Areas of Impact
8.8 Million People attended arts events
$339 million Direct spending on goods and services by audiences and attendees at arts events
$231 million Direct spending by arts organizations on goods and services
$570 million Direct spending total generated by combined audience spending and arts operations
$1.14 billion Total economic impact generate by combined audience spending and arts operations
12,000 Total full-time jobs generated by the arts industry
$426 million Salaries from total arts related employment
$41.4 million Generated in state and local taxes by the arts industry

 

 

 

 

Regional Economic Impact Comparison 1995
(Millions)		 2009
(Millions)		 % Change
Central Maryland (Anne Arundel, Baltimore, Carroll, Cecil, Harford, Howard Counties) $408.6 $556.3 36.1
Greater Washington (Frederick, Montgomery, Prince George's Counties) 177.4 507 185.8
Lower Eastern Shore (Dorchester, Somerset, Worcester, Wicomico Counties) 21.6 10.9 (49.5)
Southern Maryland (Calvert, Charles, St. Mary's Counties) 3.1 7.5 142
Upper Eastern Shore (Caroline, Kent, Queene Anne's, Talbot Counties) 8 30 275
Western Maryland (Allegany, Garrett, Washington Counties) 15.5 29 87.1

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