Impact Calculator

GEORGIA COUNCIL FOR THE ARTS

ECONOMIC IMPACT CALCULATOR

An Introduction to the GCA Economic Impact Calculator

The Georgia Council for the Arts Economic Impact Calculator (EIC) is an easily accessible web-based tool that computes the effect of the arts on local economies. It was specifically created for Georgia’s nonprofit arts industry by Bruce Seaman, a renowned professor of economics at Georgia State University who also developed a similar tool for the Georgia Department of Economic Development.  

The GCA EIC provides useful data that is simple to understand and relevant across governmental districts. With a limited number of data entry fields such as population and tax rates, the results are immediately available in four critical economic areas.

  • Total County Economic Impact is a measure of the effect of an organization’s arts programming within its resident county
  • Total County Tax Revenue is linked, and similar, to local option sales taxes as well as the hotel-motel tax in the organization’s county of operation
  • Total City/Municipality Revenue determines revenue that accrues uniquely to the city in which an organization operates and is different from county revenue
  • Total Georgia Tax Revenue is the big picture generated by the EIC and is limited to sales tax revenue only which does not include incremental sales tax revenue*

 

*Definitions and more information regarding specific terms are available in TECHNICAL NOTES