Economic Impact Statement
Want to write an economic and educational impact statement for your museum but not sure where to start?
Use this template and add photos and imagery to make it your own.
ECONOMIC IMPACT STATEMENT
For (Name of your Museum)
It employs ___ people in our community.
It spends $__________ each year on goods and services in our community.
It serves______________ each year, including ____% from out of town.
It serves #_____________ schoolchildren each year through school visits to museums.
Admission fee: $ __________
EDUCATIONAL IMPACT STATEMENT for name of institution
Amount spent by museum on educational programming: $__________
Number of schools participating in class trips: __________
Number of visits by schoolchildren each year: __________
School Districts Served: __________
List of schools participating in class trips: __________
Curriculum topics taught in cooperation with local school system: __________
Admission fee, if any: __________
Number of educators that participated in teacher training programs: __________
In your own words: [Do you have letters from visitors that capture the educational value of your museums (from schoolchildren, teachers, veterans, families with special-needs children, seniors, or from someone who pursued an education or a professional career after being inspired at your museum)?]
On a national scale, museums are essential partners in education:
- Museums spend more than $2.2 billion a year on education, 3/4 of which is typically spent on to K-12 students.
- Museums receive more than 90 million visits each year from students in school groups.
- Each year, museums provide more than 18 million instructional hours for educational programs such as guided tours for students, staff visits to schools, school outreach through science vans and other traveling exhibits, and professional development for teachers (IMLS study).
- Museums tailor educational programs in math, science, art, literacy, language arts, history, civics and government, economics and financial literacy, geography, and social studies, often in coordination with state and local curriculum standards (IMLS study).
- At a time when elected leaders are trying to advance scientific literacy and compete globally in all sectors, museums are sparking the next generation of scientists, artists, political leaders, historians, and entrepreneurs.
- Teachers, students, and researchers benefit from access to trustworthy information through online collections and exhibits, although most museums need more help in developing their digital collections to meet this need.
- Americans view museums as one of the most important resources for educating our children and as one of the most trustworthy sources of objective information. According to a study by Indiana University, museums are considered a more reliable source of historical information than books, teachers, or even personal accounts by grandparents or other relatives.