Publisher's Synopsis
Features financial trend analysis from 2000-2005 from museums that answered both the 2002 and 2005 surveys and commentary on how to develop a successful financial strategy for your museum. Drawing on the results of the latest financial survey, conducted in 2005, this presents up-to-date numbers on a wide range of institutional activities including attendance, operating and non-operating income and expenses, earned income sources and costs of collections care to the net profit per square foot of museum stores and food services and the percent of operating expenses devoted to administration and fund raising. Use the new worksheet feature to compare your museum's financial performance to the field-wide averages and gain insight into areas of operation that may need improvement. AAM's field-wide survey of 800 museums of all types also features a section on demographics - the number, types and distribution of museums in the United States - and a section on financial trends from fiscal years 2000 to 2002. Essential reading for directors, boards of trustees, financial and development officers and others involved in museum management and finance.