South African Cultural Observatory

SACO releases Event Impact Calculator training video

BY 28.09.17

THE South African Cultural Observatory (SACO), a project of the Department of Arts & Culture hosted by Nelson Mandela University, today announced the official release of its new training video on the South African Festival Economic Impact Calculator (SAFEIC).

The SAFEIC is a free, online calculator developed by the SACO specifically for cultural festival and event organisers to help them can track and quantify the economic impact of their events. It was designed to produce a calculated estimate the economic impact of a festival or event on a host economy.

“We are very excited to announce the South African Festival Economic Impact Calculator training video. We realised after giving a couple of workshops on the calculator, that while we have a robust guide for the calculator, people really benefit from some ‘facetime’.

“Obviously we cannot reach everyone everywhere, so we decided to develop a training video which can,” said Prof Jen Snowball, SACO Chief Research Strategist.

Snowball, a professor of economics at Rhodes University developed the SAFEIC with Prof Bruce Seaman from Georgia State University, Atlanta in the United States, for the SACO and the Department of Arts and Culture.

“The video is a step-by-step guide to the calculator and explains everything from what economic impact is, to what data is needed and why for the calculator to provide the best outputs; and gives a visual tutorial on how to input the data and read the results,” Snowball added.

The SAFEIC itself has been carefully, and conservatively, designed so as to produce results that are as reliable and valid as possible for a wide range of events – provided the data that is inputted is as accurate as possible.

The SAFEIC is driven by event data. To run SAFEIC, a festival or event requires a minimum of seven pieces of information including:

  1. the number of days the festival or event is run over;
  2. the population of the host city or town (obtainable from Stats SA);
  3. the total number of attendees;
  4. the average visitor spend on accommodation per night (obtainable via visitor survey or data from SA Domestic Tourism);
  5. the average visitor spending on items other than accommodation (also obtainable from a survey or SA Domestic tourism);
  6. funding or sponsorship received from outside the host town or city; and
  7. earnings derived from tickets sales.

When this data is inputted, the calculator then provides an overall estimate of the economic impact of the festivals or events that can be used as part of the monitoring and evaluation process. Results can be used internally for event planning and management, or as part of reports to funders and other stakeholders.

“We are extremely proud of the SAFEIC and the value that it will bring to large and small event and festival organisers alike. Events are big economic drivers, especially for smaller towns, but we don’t know the real extent of the value-add.

“It is important to emphasise that the value of cultural events goes beyond the financial or economic impact of the event. A complete impact study would also include the unique intrinsic and social impacts of the event. The Monitoring and Evaluation Framework, also developed by SACO, provides some guidance on how to measure these non-market values”, she said.

 “What SAFEIC does is to help cultural festivals to measure the economic impact of the event as well, which can be a powerful additional argument for their support as part of South Africa’s creative economy.”

The training video is available on the South African Cultural Observatory’s YouTube Channel:

 

For more information on the SAFEIC, visit the online calculator site: https://www.southafricanculturalobservatory.co.za/safeic-intro

BASA introduces its Scale-Up programme BASA introduces its Scale-Up programme

Artists across South Africa show a deep sense of willingness to partner with businesses, but sometimes require guidance on exactly how to go about doing this. Through the programme, they will engage with shared value, research and building relationships that are sustainable to shift common thinking within the arts sector, and to expand their knowledge and skills within business exchange relations.

READ MORE
SA roadies conference coming up in May SA roadies conference coming up in May

THE South African Roadies Association (SARA) will be hosting Africa’s fourth Live Event Technical & Production Conference (LETPC 2018) from the 17 to 19 May 2018, at the Sunnyside Park Hotel in Parktown, Johannesburg, the current home of the LETPC.

READ MORE

Saftas12: Winners take Golden Horn Saftas12: Winners take Golden Horn

THE 12th Annual South African Film and Television Awards took place on Saturday, 24 March 2018 at the Sun City Superbowl and was hosted by Thando Thabethe and Phat Joe.

READ MORE
Winners of the 53rd Fleur du Cap Theatre Awards Winners of the 53rd Fleur du Cap Theatre Awards

IT'S WORLD Theatre Day today, 27 March 2018, and this month the best in the business were recognised at the 53rd annual Fleur du Cap Theatre Awards.

READ MORE

More News
BASA introduces its Scale-Up programme  BASA introduces its Scale-Up programme

Artists across South Africa show a deep sense of willingness to partner with businesses, but sometimes require guidance on exactly how to go about doing this. Through the programme, they will engage with shared value, research and building relationships that are sustainable to shift common thinking within the arts sector, and to expand their knowledge and skills within business exchange relations.

SA roadies conference coming up in May SA roadies conference coming up in May

THE South African Roadies Association (SARA) will be hosting Africa’s fourth Live Event Technical & Production Conference (LETPC 2018) from the 17 to 19 May 2018, at the Sunnyside Park Hotel in Parktown, Johannesburg, the current home of the LETPC.

New knowledge is power - A final word New knowledge is power - A final word

LOUIS L'Amour said, 'There will come a time when you believe everything is finished. Yet that will be the beginning.' In many respects, this is the end of something and the birth of something new. Nelson Mandela University - and its partners, the Universities of Rhodes and Fort Hare - are concluding the three-year South African Cultural Observatory contract with the Department of Arts & Culture.

Saftas12: Winners take Golden Horn Saftas12: Winners take Golden Horn

THE 12th Annual South African Film and Television Awards took place on Saturday, 24 March 2018 at the Sun City Superbowl and was hosted by Thando Thabethe and Phat Joe.

Winners of the 53rd Fleur du Cap Theatre Awards Winners of the 53rd Fleur du Cap Theatre Awards

IT'S WORLD Theatre Day today, 27 March 2018, and this month the best in the business were recognised at the 53rd annual Fleur du Cap Theatre Awards.

Connect with us