Press "Enter" to skip to content

A third of US museums “not confident” they will survive

A third of US museums “not confident” they will survive

museums.jpg

The American Alliance of Museums (AAM) recently published a survey designed to gauge the state of the US museum industry during the COVID-19 pandemic. The survey results were troubling, at least a third of directors of 760 museums reported a “significant risk” of closing permanently within 16 months. The survey results document extreme financial distress in the museum field. One-third (33%) of respondents were not confident they would be able to survive 16 months without additional financial relief, and 16 percent felt their organization was at significant risk of permanent closure. The vast majority (87%) of museums have only 12 months or less of financial operating reserves remaining, with 56% having less than six months left to cover operations. Forty-four percent had furloughed or laid off some portion of their staff, and 41 percent anticipated reopening with reduced staff. – the survey said AAM President and CEO Laura Lott told NPR, “there’s a large public perception that…
Source: A third of US museums “not confident” they will survive

Disqus Comments

Specify a Disqus shortname at Social Comments options page in admin panel

Facebook Comments