The updated Economic Impact Toolkit: West Mids DIY version is here
In a time of financial uncertainty and the ‘downgrading’ of the value of culture, we all need to be able to say with certainty why we are ‘worth it’.
West Midlands Museum Development Officers (WMids MDOs) led the first region-wide survey in 2012 and commissioned me to crunch up the data and see how we had all done.
18 museums replied and demonstrated that in 2011-2012, they contributed over £59 million to the tourism economy. Over Christmas this year WMids MDOs did a quick numbers version, 88 sites responded and showed that museum contribute over £208 millions to the economy in 2012-2013!
Now AIM (Association of Independent Museums) has updated their formulae using government GreenBook statistics. The WMids MDOs have commissioned me to translate the revised formulae for the West Mids into the attached spreadsheets so that all you need to do is put in the raw numbers, letting Excel do the rest!
With just 4 sets of numbers you will be able to calculate your impact both regionally and in your local area on:
- local tourism income
- local employment figures
- the economic impact of your expenditure on goods services in the local area
- the value of the effort contributed by your volunteers
You are free to use these spreadsheets at ANY time, for your own use….
However, as a BIG FAVOUR, I would ask that as many of you as possible complete the relevant spreadsheet by April 18th and send it to back to me. I shall be collating it all in order to create printed pieces of advocacy for the region and each county …don’t let your impact be left out .
The spreadsheet should be self explanatory, please try to fill in all sheets, save it and send it it me by email. It has been designed with museums in mind, but there is no real reason why archive or built heritage organisations should not use it.
If you are a large museum, with 50,000 visitors per annum, please use this worksheet: CALCULATE YOUR IMPACT_LARGE museums toolkit_2014_FINAL
If you are a small or medium size museum, with fewer than 49,999 visitors per annum, please use this worksheet: CALCULATE YOUR IMPACT_SMALL-MEDIUM museums toolkit_2014_FINAL
I know this will be a really valuable tool for you all – if you have any queries please contact me.