Association Economic Impact on St. Louis Region
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The 461 associations based in
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Association Economic Impact on St. Louis Region
- 1. Economic Impact of St. Louis-based Associations Executive Summary of 2012 Market Research Project © 2013 STIAL
- 2. About STIAL The St. Louis Institute for Association Leadership connects association leaders through ideas, collaboration and education that makes them, and their association, stronger.
- 3. Our Mission • Stronger associations through stronger association leadership – Tip of the Week (700+ professionals) – Monthly meetings (30-40 leaders) – Brown bag sessions (key topics) – Special events (networking, education)
- 4. Purpose of Study • Determine the economic impact of trade associations and professional societies located in the greater St. Louis region
- 5. Highlights St. Louis based trade associations and professional societies are very diverse: • Very small: < $100,000 budgets & volunteer led • Very large: $20+ million budgets with 80+ paid staff • Local focus to global focus • Concentration of agricultural and medical organizations
- 6. Summary St. Louis based trade associations and professional societies provide substantial economic activity in St. Louis: • Payrolls exceed $200 million • Employ more than 2,800 people • Engage nearly 1 million members worldwide
- 7. Methodology • The economic impact study analyzed data from 74 St. Louis-based trade associations and professional societies • The data weighted and projected to reflect the 461 organizations based in the St. Louis area • It does NOT reflect not-for-profit charities, foundations or educational institutions
- 8. Associations By Staff Size 90.0% 80.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 10.0% 5.0% 5.0% 0.0% Very Large Large Mid Small 40+ staff 10-39 5-9 0-4
- 9. Associations By Total Revenue $450 (in millions) $401 $400 $350 $300 $250 $200 $150 $134 $109 $100 $59 $50 $- Very Large Large Mid Small 40+ staff 10-39 5-9 0-4
- 10. Association Membership 500,000 473,482 450,000 400,000 350,000 300,000 250,000 238,615 200,000 150,000 100,000 86,067 50,000 32,114 0 Very Large Large Mid Small 40+ staff 10-39 5-9 0-4
- 11. Association Employees 1,600 1,450 1,400 1,200 1,000 800 600 460 502 419 400 200 0 Very Large Large Mid Small 40+ staff 10-39 5-9 0-4
- 12. Association Payrolls $120.0 $115.9 $100.0 $80.0 $60.0 $40.0 $30.3 $33.1 $21.4 $20.0 $- Very Large Large Mid Small 40+ staff 10-39 5-9 0-4
- 14. Association Exhibit Booths Number of Exhibit Booths
- 15. Association Meeting Attendance Number of Attendees
- 16. Summary St. Louis based trade associations and professional societies provide substantial economic activity in St. Louis: • Payrolls exceed $200 million • Employ more than 2,800 people • Engage nearly 1 million members worldwide • Two-thirds of their meetings NOT in STL