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 "Arts and culture-related industries provide direct economic benefits to states and communities: They create jobs, attract investments, generate tax revenues and stimulate local economies through tourism and consumer purchases...infusing other industries with creative insight for their products and services and preparing workers to participate in the contemporary workforce. In addition, because they enhance quality of life, the arts and culture are an important complement to community development, enriching local amenities and attracting young professionals to an area."
—Arts and the Economy: Using Arts and Culture to Stimulate State Economic
Development, National Governors Association, Center for Best Practice (2008)
The BSO is one of the 150+ non-profit arts and cultural institutions in the City that stimulates the local
economy by:
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Attracting audiences who not only purchase tickets for admission, but generate significant local spending on
meals, souvenirs, transportation and other miscellaneous expenses.
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Paying its employees, purchasing supplies, contracting for services and acquiring assets from within
the community.
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Partnering with local businesses to develop programs, provide services and offer special promotions.
BSO by the Numbers:
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BSO employs 146 full-time and 421 part-time administrative, artistic, and technical staff—not including 156
local community volunteers.
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The BSO attracted over 320,000 individual audience members in the 2010-2011 season from all Maryland counties (including Baltimore City) as well as Washington, D.C., Pennsylvania, Virginia, New Jersey and beyond—promoting local businesses and restaurants around the Mount Vernon and Bethesda neighborhoods of both its Meyerhoff and Strathmore homes.
Re-investing $15+ Million in the City's Economy
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| Average annual spend (above and beyond the cost of event admission) of the BSO's Baltimore Audiences* |
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~$7,000,000 |
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| Estimated annual local restaurant spend of BSO visiting artists and 567+ year-round staff and musicians** |
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~$75,000 |
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| Taxable salaries and beneftis paid to City-based staff, musicians and artists (total FY11 salaries are ~$15M) |
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~$8,200,000 |
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| Amount paid to City hotels since FY2010 for visiting artists (including $17,598 in hotel revenues paid by June 2010 BSO Academy participants) |
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$106,254 |
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| Artist fees paid to City cultural organizations***since FY2010; organizations who use funds to pay their own City-based workers, support local businesses, etc. |
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$153,602 |
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| Amount paid in facility and operation expenses since FY2010 to Baltimore-based companies |
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$2,500,000 |
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| TOTAL IMPACT: |
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$18,034,856 |
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Access through Affordability:
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Affordability is key to building audiences. Since the launch of its $25 Subscription Ticket Pricing initiative in the 2007-2008 season, the BSO has remained one of the most affordable entertainment options in the area. For example, nearly 50% of subscription seats in the current 2010-2011 season are still available for $25.
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The BSO also offers $20 unreserved seats, $10 student rush tickets, Forte (the BSO's "young professional") membership packages, partnerships with the Baltimore Collegetown Network and $6 student/family pricing for all its Education concerts.
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Take a look at recent research from the Baltimore Cultural Alliance that sums up the fact that the arts,
and music are everywhere in Baltimore and have a significant and sustained economic impact:
www.artiseverywhereinbaltimore.org
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Support Your BSO
