“Some of the news is bad:
• More than half the museums in the survey (53%) saw their revenues shrink in 2010 (while just 28% saw an increase). Government funding took the worst hit, down at 52% of museums and up at just 12%.
• 71% of museums reported economic stress at their institutions ranging from moderate (39%) to severe (14%) or very severe (18%) – with very severe stress defined as “the very worst I have seen in at least 5 years.” In the 2009 survey, 67% of museums reported economic stress.
• Museums are relying on drastic measures to respond to economic challenges, like hiring freezes (at 35% of responding museums) and deferring maintenance (30%).
Some of the news is good:
• Fully half of the museums that responded to the survey indicated some increase in attendance in 2010, with a significant increased (at least 5%) at 32% of museums.
• More than three-quarters of the museums maintained (51%) or expanded (27%) services to K-12 students and teachers in 2010.
• And they managed to hold the line on admission prices (the average adult general admission ticket is still around $7, if museums charge any admission).”