Minnesota Public Libraries' Return on Investment

TitleMinnesota Public Libraries' Return on Investment
Publication TypeReport
Year of Publication2011
AuthorsBureau of Business and Economic Research (BBER), Labovitz School of Business and Economics (LSBE), University of Minnesota Duluth
Date Published12/2011
InstitutionBureau of Business and Economic Research, Labovitz School of Business and Economics, University of Minnesota Duluth
CityDuluth, MN
URLhttp://www.selco.info/download/attachments/56459742/Library+ROI+Final+Report+2012.pdf?version=1&modificationDate=1329949307243
Impact Statement: 
highly educated households frequent the libraries more often
Minnesotans feel public libraries are important
Public Libraries are very important to communities
Importance of Having a Public Library in Every Community
Few want a decrease in Public Library economic support
Support of libraries does not vary by gender
Higher income households use libraries more frequently
Majority feel having a library in every community is important
All education groups feel public libraries are important in every community
Majority of all adult age groups use the public library
The average household would be willing to donate between $31.7 and $38.3 US dollars
Public Library of MN add to the state economy
Pubilc Libraries Create Jobs
Public Libraries ROI
Libraries create jobs in the following industries
Libraries ROI
Concept of return on taxpayer investment can assist libraries
Value of Children's Public Library Programs
Value of Young Adult Public Library Programs
Value of Adult Public Library Programs
Value of Adult Public Library Circulation
Value of Juvenile Public Library Circulation
Value of Public Internet Computers at the Library
Value of Public Library Reference Transactions
Monetized impacts and other benefits from public library annual operations
Social Return on Investment in Public Libraries
Public Library Stakeholders
The collection of materials in the library has value.
Services of the library have value.
The educational programs and materials, as well as the educational mission of the library have value.
The technology for use in the library has value.
The expertise of the library staff has value.
The library facility as a gathering place has value
Proximity to the library has value
Libraries have value to neighborhoods
Library partnerships have value