SUMMARY Estimated Economic Impact (update as of 4/24/20)
for 6 week time period between March 13 to April 30, 2020

• $9.2M in total financial losses (nonprofit and for profit arts & cultural sector)
• 259K lost audience members, program attendees, or customers
• 701 staff impacted due to layoffs, furlough or reduced hours
  • 58% have implemented major staff reductions (>50% of staff), while 27% at full staffing level/hours
  • individual artists-50% are creating/performing as usual, 37% at reduced level, 13% stopped completely
• 64% applying to at least one relief program, including 48% applying to Paycheck Protection Program

BACKGROUND

The Southeastern CT Cultural Coalition conducted an April Update Survey from April 9-19, 2020 as a follow-up to the Early Impact Survey conducted March 14-17, 2020.

The survey request was distributed to our Partners and other stakeholders in the region to gather information about the status of employees, anticipated economic impact from March 13 to April 30th, and relief options being pursued due to the COVID-19 public health emergency.

DETAILS

Nonprofit Organizations – 68% of those responding

• $9M in total financial losses
• 247K lost audience members, program attendees, or customers
• 655 staff impacted due to layoffs, furlough or reduced hours
  • 50% Major Staff Reductions – more than 50% of staff
  • 17% Some Staff Reductions – less than 50% of staff
  • 33% Full Staffing/Hours at usual March/April levels – No reductions

For Profit Businesses & Individual Artists  – 32% of those responding

• $194K in total financial losses
• 12K lost audience members, program attendees, or customers
• 46 staff impacted due to layoffs, furlough or reduced hours

Creative Businesses

• • 75% Major Staff Reductions – more than 50% of staff
  • 13% Some Staff Reductions – less than 50% of staff
  • 13% Full Staffing/Hours at usual March/April levels – No reductions

Individual Artists

• • 13% No longer Creating/Performing at all
  • 37% Creating/Performing at reduced March/April levels
  • 50% Creating/Performing at usual March/April levels

Relief Option(s) Applied or Plan to Apply by April 30^th

Number of Programs Applied

• 64% applying to at least one program
  • 24% applying to 1 program only
  • 30% applying to 2 or 3 programs
  • 10% applying to 4 or more programs
• 36% NONE – not applying and/or do not qualify for any programs

	TOTAL
CARES Act – Paycheck Protection Program (PPP) SBA Loan	48%
CARES Act – Expanded Economic Injury Disaster Loan (EIDL) Emergency SBA Grant/Loan	32%
CARES Act – Small Business Debt Relief Program – immediate relief for those with previous SBA loans	6%
CT Dept. of Labor Unemployment Insurance (W-2 employees)	20%
CT Pandemic Unemployment Assistance (1099 workers, self-employed, gig workers)	8%
CT Shared Work Program (reduced hours)	2%
CT Small Business Assistance Bridge Loan Program (now closed)	14%
Other Programs (incl. NEA CARES program, other Federal assistance, business loss insurance, increase line of credit, and artist relief program)	12%
NONE (not applying and/or do not qualify for any program)	36%

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Eastern CT Legislative Delegation Letter to Governor Lamont and Commissioner Lehman – Inclusion of Arts, Culture & Tourism in Reopen CT panel
ACT Reopen Eastern CT Delegation Letter May 2020

Cultural Coalition Letter to CT Legislators & Local Municipal Leaders – Opportunity to impact Southeastern CT’s arts and cultural sector
SECT Cultural Cultural Coalition_COVID_ 5.8.20

Cultural Coalition Letters of Support to Senators Blumenthal and Murphy – Federal Support for IMLS & Museums
Cultural Coalition Letter – Museum Alliance Support for IMLS