Methodology for calculating the economic impact of cultural organizations

The project Mapping the cultural and creative industries in the Czech Republic counts with tools for monitoring and evaluating the multiplier economic effects of cultural and artistic activities and use of cultural heritage in the Czech Republic. Currently available certified methodology for measuring the economic multiplier effects for large events (such as festivals) with a significant percentage of foreign visitors and clear links to tourism and cultural tourism. The methodology is based on cross-industry (input-output) analysis and CSO official statistics, based on the thesis that the economic impacts generated by any entity, including any cultural organization that pays for the delivery of services to their suppliers, their employees work etc