Purchase, Sell, And Research Modern Art Online: Artnet
But this money doesn’t come close to covering the prices of operating museums or running programs. Museums typically earn lower than 10 percent of their annual budget from admissions until they are in mega markets like New York City, where tourism drives ticket sales. The Guggenheim, for example, depends on admissions for greater than one-third of its price range, which leaves it significantly susceptible when the crowds can’t visit. It’s become a kind of touchstone for his excited about the museum’s mission. Before the coronavirus swept across the nation, shuttering every little thing in its path, the Toledo Museum of…