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HomeMy WebLinkAbout04-Handout 2 ~~ San Bernardino Symphony Orchestra Economic Impact & Media Exposure The following is the projected economic impact on the San Bernardino area, based on San Bernardino Symphony estimates, and utilizing the minimum figure of $66.30 per visitor per day expenditure for the following projections. The expenditure amount is based on the State of California Department of Tourism calculation for the County of San Bernardino. Economic Impact to the City of San Bernardino and surroundinfl areas for Seasons 2003-2005: Approximately $3.3 Million Dollars ($3,335,619.30) Media Exposure Local. National. and International for 2003-2005: Approximately $695,596 Dollars BACKUP DATA San Bernardino Symphony Ticket Holders at California Theatre: 2003:765 2004: 802 2005: 845 (Does not include single ticket sales) ~ ~ Number of Annual San Bernardino Symphony Performances: Five at California Theatre 4th of July at Arrowhead Credit Union Park Three concerts during the Redlands Bowl Summer Festival 0> - _:2' mv: ~.I":' ... Cc ~ ~ lIS 0 D:c:. c> ~E ._c...:> ~::: 11>,-, W S .... - c:. Co LUU ~ ~ '~ ~ ~ )- 1,728 seats at California Theatre x 5 shows = 8,640 seats @ $66.30 per person = $572,832 x 3 years = $1,718,496 ~ 5,500 seats at Arrowhead Credit Union Park for 4th of July Performance = 5,500 seats x $66.30 = $364.650 ~ 6,000 seats at Redlands Bowl for three performances = 6,000 seats x $66.30 x 3 performances = $1,193,400 Hotel Stays: ~ Maestro one week x 5 shows= (35 days a year x $66.30 x 3 years) = $6,961.50 ~ Artist per season 9 nights = (66.30 x 9 nights x 3 years) $1.790.10 ~ Nutcracker Maestro 3 nights = $198.90 x 3 years = $596.70 Page 1 of 2 ~ a; - c >-c: C,I'- as"CI (I):; uE eel> UCQ ~= ...<<1 el>CI) (3- >Q - >- .- - u .- to) S8 SYMPHONY ORCHESTRA ECONOMIC IMPACT & MEDIA EXPOSURE 11-7-05, PAGE 2 Number of Musicians at Symphony Performances: 50 musicians 50 x $66.30 x 3 years x 5 shows= $49,725 2005: Sun Newspaper Promotional: $104,140.00 KTIE: $5,000 Visitor Guide: $1,000 Flyers in Papers: $2,500 Media Exposure from clippings: $133,866 (based on local domestic rates) TOTAL MEDIA EQUIVALENCY INCLUDING PROMOTIONAL: $246.506 2004: Press Enterprise Promotional: $107,255 KTIE: $5,000 Media Exposure from clippings: $115,515 TOTAL MEDIA EQUIVALENCY FOR 2004 INCLUDING PROMOTIONAL: $227.770 2003 Miscellaneous Media Promotional Sponsorship: Approx. $100,000 Media Exposure from clippings: $121,320 TOTAL MEDIA EQUIVALENCY INCLUDING PROMOTIONAL: $221.320 OTHER The San Bernardino Symphony's local annual fund raising events (New Year's Eve Gala, Valentine Brunch) held in the City of San Bernardino conservatively result in over $50,000 of expense revenues returned to city merchants. Report to Mavor Judith Valles Source: San Bernardino Symphony Orchestra November, 2005 (Estimates based on sell-out crowds at all venues)