The trading income of museums sponsored by the UK government's Department for Culture, Media and Sport (DCMS) in England decreased sharply in 2020/2021 over the previous fiscal year due to the coronavirus (COVID-19) pandemic. From March 2020 onwards, museums, galleries, and cultural institutions in the country had to stay close for long periods, as the government adopted emergency measures to limit the spread of the virus. As a result of the closures, the National Gallery reported around 1.1 million British pounds in trading income, after earning 4.1 million British pounds in 2019/2020. Meanwhile, the Tate Gallery Group recorded trading losses of around four million British pounds between April 2020 and March 2021.
Annual trading income of DCMS sponsored museums in England from 2019 to 2021, by museum (in 1,000 GBP)
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Department for Digital, Culture, Media and Sport (UK). (December 16, 2021). Annual trading income of DCMS sponsored museums in England from 2019 to 2021, by museum (in 1,000 GBP) [Graph]. In Statista. Retrieved May 26, 2022, from https://www.statista.com/statistics/422460/traiing-income-dcms-museums-england-uk-by-museum/
Department for Digital, Culture, Media and Sport (UK). "Annual trading income of DCMS sponsored museums in England from 2019 to 2021, by museum (in 1,000 GBP)." Chart. December 16, 2021. Statista. Accessed May 26, 2022. https://www.statista.com/statistics/422460/traiing-income-dcms-museums-england-uk-by-museum/
Department for Digital, Culture, Media and Sport (UK). (2021). Annual trading income of DCMS sponsored museums in England from 2019 to 2021, by museum (in 1,000 GBP). Statista. Statista Inc.. Accessed: May 26, 2022. https://www.statista.com/statistics/422460/traiing-income-dcms-museums-england-uk-by-museum/
Department for Digital, Culture, Media and Sport (UK). "Annual Trading Income of Dcms Sponsored Museums in England from 2019 to 2021, by Museum (in 1,000 Gbp)." Statista, Statista Inc., 16 Dec 2021, https://www.statista.com/statistics/422460/traiing-income-dcms-museums-england-uk-by-museum/
Department for Digital, Culture, Media and Sport (UK), Annual trading income of DCMS sponsored museums in England from 2019 to 2021, by museum (in 1,000 GBP) Statista, https://www.statista.com/statistics/422460/traiing-income-dcms-museums-england-uk-by-museum/ (last visited May 26, 2022)