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Museums and Cultural Institutions: COVID-19

Museums Could Face Permanent Closure Without Government Relief.

Unesco and the International Council of Museums have reported that 1 in 8 museums could permanently close as a result of COVID-19. The American Alliance of Museums estimates that 30% of institutions may not be able to reopen without substantial government relief. The Metropolitan Museum of Art has pushed its reopening to mid-August with reduced opening hours. The Met will also not offer events or tours until the end of 2020 in order to comply with social distancing and has canceled its 2020 annual gala which is a valuable source of funding for the Met’s Costume Institute. 

The Institute for Museum and Library Services, the National Endowment for the Humanities and the National Endowment for the Arts received $200 million in federal relief funding. All three agencies are authorized to provide grants to support museum operations. The Association of Art Museum Directors has also announced it will temporarily allow member museums to engage in activities that are normally prohibited by its policies such as using income from restricted funds for general operating expenses. 

We have included a selection of our most popular market research on museums and cultural institutions below.

 

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Museums, Historical Sites, Zoos, And Parks Global Market Report 2020-30: COVID-19 Impact and Recovery

1

Museums, Historical Sites, Zoos, And Parks Global Market Report 2020-30: COVID-19 Impact and Recovery

  • ID: 5022370
  • Report
  • 300 Pages
  • Region: Global
  • The Business Research Company
Museums - 2020 U.S. Market Research Report

2

Museums - 2020 U.S. Market Research Report

  • ID: 4861433
  • Report
  • 36 Pages
  • Region: United States
  • Kentley Insights
National & State Parks in the US - Industry Market Research Report

3

National & State Parks in the US - Industry Market Research Report

  • ID: 307566
  • Report
  • 36 Pages
  • Region: United States
  • IBISWorld
Museums, Art Galleries World Report & Database

4

Museums, Art Galleries World Report & Database

  • ID: 4907834
  • Report
  • 2064 Pages
  • Region: Global
  • DataGroup Booksellers
The 2021-2026 World Outlook for Art Galleries

5

The 2021-2026 World Outlook for Art Galleries

  • ID: 4884006
  • Report
  • 299 Pages
  • Region: Global
  • ICON Group International

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