Contributed and earned (program) revenue are the two financing streams with the greatest impact on operations, so they typically are of most interest to arts researchers and managers. But an arts nonprofit’s total revenue may also include elements from investments, membership dues, rents, unrelated businesses, and perhaps other sources. Because of financial reporting regulations, revenues include not only the investment income stream from reserves and endowments, but also the changes in the values of those investments.
In the Local Arts Index, we did not analyze those other areas in detail; focusing instead on program and contributed revenues, which have the greatest impact on operations. By contrast, this indicator simply looks at total revenue brought in by local arts organizations from all sources, so it incorporates all of these other revenue streams.
The indicator is calculated by taking 2010 total revenues for arts nonprofits in each county, divided by its 2010 population. For any given county, average per capita revenue from these other sources (besides earned and contributed) can be estimated by subtracting the sum of program revenue and contributed revenue from this total.
Data for this indicator are from the 2010 Core Files at the National Center for Charitable Statistics.
Additional Information: Counties with indicator value = 2533. Average county indicator value = $63.94. Median county indicator value = $18.80.
Fast Facts from the Arts Index
We share with the world!
International arts exports increase: U.S. exports of arts goods increased from $56 to $64 billion between 2009 and 2010 (+12%). With U.S. imports at just $23 billion, the arts achieved a $41 billion trade surplus in 2010. The percentage of international travelers that include the arts on their visits to the U.S. has increased annually since 2003.