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Museums in the U.S. - statistics & facts

According to the American Alliance of Museums (AAM), in the United States museums contributed 50 billion U.S. dollars to the economy and generated approximately 850 million visitors in 2019. In that year, the Metropolitan Museum of Art in New York was the most visited U.S. museum, also ranking in the list of the 20 most visited museums worldwide. Meanwhile, the Smithsonian Institution, a complex of museums and research centers, was the U.S.’ charity-based cultural organization with the highest revenue. The main sources of funding for the Smithsonian are federal appropriations, namely U.S. governmental funding, and income from revenue-generating activities. In the 2021 fiscal year, starting October 1, 2020, federal appropriations to the Smithsonian added up to 1.03 billion U.S. dollars, slightly decreasing over the previous year.

The economic impact of museums in the U.S.

Museums are institutions that collect, conserve, interpret, and exhibit artifacts of cultural, historical, artistic, or scientific importance. It would be hard to put a price on their significance, but these organizations do play a key role in terms of economic impact. As of 2020, the market size of the museum industry in the United States was roughly 12 billion U.S. dollars, dropping by nearly three billion dollars over 2019. Meanwhile, employment in the U.S. museum sector reached almost 95 thousand in 2020 and total wages in the U.S. museum industry amounted to 3.6 billion U.S. dollars.

Museums in the COVID-19 pandemic

The health crisis majorly impacted museums worldwide, as lockdown and strict safety regulations forced institutions to close their doors to the public. According to a November 2020 study, focusing on the expected revenue loss of North American museums during the pandemic, about 20 percent of interviewed organizations predicted that their income would drop by more than 50 percent in 2020. In order to face the financial losses, several U.S. museums had to implement layoffs or furloughs. However, while their physical locations were closed, some of these institutions found alternative ways to reach their communities. A January 2020 poll found that digital activities and video lectures were among the main services provided by U.S. museums during the COVID-19 lockdown.

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Interesting statistics

In the following 6 chapters, you will quickly find the 28 most important statistics relating to "Museums in the U.S.".

Museums in the United States

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Museums in the U.S. - statistics & facts

According to the American Alliance of Museums (AAM), in the United States museums contributed 50 billion U.S. dollars to the economy and generated approximately 850 million visitors in 2019. In that year, the Metropolitan Museum of Art in New York was the most visited U.S. museum, also ranking in the list of the 20 most visited museums worldwide. Meanwhile, the Smithsonian Institution, a complex of museums and research centers, was the U.S.’ charity-based cultural organization with the highest revenue. The main sources of funding for the Smithsonian are federal appropriations, namely U.S. governmental funding, and income from revenue-generating activities. In the 2021 fiscal year, starting October 1, 2020, federal appropriations to the Smithsonian added up to 1.03 billion U.S. dollars, slightly decreasing over the previous year.

The economic impact of museums in the U.S.

Museums are institutions that collect, conserve, interpret, and exhibit artifacts of cultural, historical, artistic, or scientific importance. It would be hard to put a price on their significance, but these organizations do play a key role in terms of economic impact. As of 2020, the market size of the museum industry in the United States was roughly 12 billion U.S. dollars, dropping by nearly three billion dollars over 2019. Meanwhile, employment in the U.S. museum sector reached almost 95 thousand in 2020 and total wages in the U.S. museum industry amounted to 3.6 billion U.S. dollars.

Museums in the COVID-19 pandemic

The health crisis majorly impacted museums worldwide, as lockdown and strict safety regulations forced institutions to close their doors to the public. According to a November 2020 study, focusing on the expected revenue loss of North American museums during the pandemic, about 20 percent of interviewed organizations predicted that their income would drop by more than 50 percent in 2020. In order to face the financial losses, several U.S. museums had to implement layoffs or furloughs. However, while their physical locations were closed, some of these institutions found alternative ways to reach their communities. A January 2020 poll found that digital activities and video lectures were among the main services provided by U.S. museums during the COVID-19 lockdown.

Interesting statistics

In the following 6 chapters, you will quickly find the 28 most important statistics relating to "Museums in the U.S.".

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