New study shows Bravo organizations’ economic impact
Organizations funded by Bravo Greater Des Moines were responsible for 1,384 jobs and produced $44.1 million in economic output (sales value of all goods and services) last year, according to a new study produced by Iowa State University economist David Swenson for Bravo.
The study looked at the economic activity of 37 organizations that received funding from Bravo in 2006, including income, expenses, employment and attendance at area educational, cultural and artistic venues. Some of the data were also used to determine the extent to which Bravo-funded events and programs, along with the visitors they attract, support economic activity in Greater Des Moines.
According to the study, “The Economic Value of Arts and Cultural Organizations to the Central Iowa Economy,” $33.7 million in output from the organizations required $16.7 million in regionally supplied inputs, which in turn stimulated 222 additional jobs. Employees in or supported by the Bravo organizations added an additional $14.1 million in regional sales and 149 more jobs. This yielded a total economic value of $74.96 million in output in the region.
For the complete report, visit www.desmoinesfoundation.org.

