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P!eas+eread! ;HIS IS VERYIMPORTANT INFORM ATION! Y U IA1 ST
<br /> ( PRO .IDE TkHIS INFORMAATION WITH INVOICE BEFORE YMENT A1J1 L BE
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<br /> Anticipated Economic Impact&Quantifiable Proof the Project will generate
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<br /> ( overnight stays: Research conducted by Village Theatre, a highly unique tourism asset
<br /> that offers a one-of-a-kind theatre experience in the region, indicates a 5% increase in the
<br /> number of Everett subscriber(3,504)and single ticket(5,104)households in the last two
<br /> seasons. During Village Theatre's 2016-2017 season that ended August 31,2017, 55,219
<br /> theatre-goers spent money on overnight stays and/or dinner before evening
<br /> performances, or on lunch before attending a matinee. Of this, 26% of single ticket
<br /> households (14,357 people, twice as many as last season)traveled 50 or more miles to
<br /> attend a show at Village Theatre. If only half of these single ticket holders spent one night,
<br /> 7,179 stays would have been generated. Although we do not have concrete evidence to
<br /> support this estimated number of overnight stays, future marketing surveys will ask
<br /> theatre-goers about whether they were traveling for business or pleasure; whether they
<br /> stayed overnight, and if so, where; and whether they combined their performing arts
<br /> cultural experience with one of the area's many other tourism assets (e.g., outdoor
<br /> recreation, sports event, winery tour, etc.). Village Theatre contributes to the City of
<br /> Everett's economic impact with jobs, by generating visitors, and by generating an
<br /> estimated 7,179 overnight stays among its theatre-goers who travel 50 miles or more to
<br /> attend a production at the Everett Performing Arts Center(EPAC). According to the Arts &
<br /> Economic Prosperity Calculator designed by Americans for the Arts,this past season's
<br /> expenditure of$1,535,944 by Village Theatre in Everett had a total economic impact of
<br /> $3,167,966 (including $1,632,022 in event-related spending by audiences); supported 100
<br /> FTE jobs; resulted in $2,142,713 paid in household income to community residents as a
<br /> result of the expenditures made by our organization and its audiences; and generated an
<br /> estimated $144,355 in local and $185,607 in state government revenue. Village Theatre is
<br /> a major employer in the area, with 17 full-time and 325 part-time staff working in Everett.
<br /> This past season, 55,219 people attended Mainstage productions at EPAC, and tens of
<br /> ( thousands more attended Everett's Pied Piper and KIDSTAGE performances for youth
<br /> and their families.
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