Museum funding comes from one or more of four sources: earned revenue; investment income; philanthropic giving by individuals; and grants. Government owned and operated museums are a bit different as they are supported through annual government appropriations but they can and often do chase funds in the ways private nonprofit entities do, as cited above. The percentages for the four sources will vary by institution. As noted in some of the references recommended by others, individual giving tends to be the largest source. Most museum annual reports have a succinct financial summary which is divieded into income and expense. Reading a few of these from varioius museums should give you a sense of where their money comes from.
Steve
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Steven Miller
Executive Director
Boscobel House and Gardens
Garrison NY
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Original Message:
Sent: 03-15-2017 10:08 AM
From: Barbara Lawrence
Subject: Where does revenue come from?
GIving USA does an annual survey
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Barbara Lawrence
Grounds for Sculpture
Hamilton NJ
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Original Message:
Sent: 03-14-2017 09:49 AM
From: Betty Brennan
Subject: Where does revenue come from?
Does anyone know of a recent report on the percent of revenue from different sources (e.g. earned income, donors, govt.) and trends?
Betty Brennan
President
Taylor Studios, Inc.
Designed and built to last, we promise.
217.893.4874
www.taylorstudios.com/blog
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