67% of U.S. Museums Have Slashed Education Programming Amid COVID-19, New Study Finds

Widespread layoffs continue for both small and large institutions.

By
Arts
1,139 Hypes 1 Comments

This past July, the American Alliance of Museums estimated that a third of all museums stateside may close permanently, leading to an additional loss of 242,000 jobs unless institutions receive financial support from the federal government. The AAM recently released a new study that finds 67% of museums that have participated in the survey have had to slash education, programming, and other public services due to the budget shortfalls caused by the COVID-19 pandemic.

“The financial state of US museums is moving from bad to worse,” said Laura Lott, president and CEO of the alliance, in a statement. “Without financial help, we could see thousands of museums shutter forever.”

Nearly 30 percent of museums in the United States have remained closed since the onset of the pandemic earlier this year with institutions that are currently operating having attracted only 35 percent of visitors from their average attendance. The report also states that the average museum has lost $850,000 USD to date. The Museum of Fine Art, Boston expected a $14 million USD loss through July and the Metropolitan Museum of Art in New York has predicted a $150 million USD shortfall.

When profits aren’t being made, museums will conduct widespread layoffs across their departments. 40% of museum employees who lost their jobs in 2020 worked in education. Not to mention, permanent closure is still a possibility for many institutions. According to the American Alliance of Museums, 29% of museum directors surveyed confirmed there was a “significant risk” (12%) of closing permanently by Fall 2021, or that they “didn’t know” (17%) if it will be possible to survive.

Read the full study by the AAM here.

Read Full Article

What to Read Next

This Reebok Question Mid Pays Homage to A Classic Philadelphia 76ers Alternate Jersey
Footwear

This Reebok Question Mid Pays Homage to A Classic Philadelphia 76ers Alternate Jersey

An ode to the “We talkin’ about practice?” days.

NOAH Celebrates Funk Legends Earth, Wind & Fire With Surf-Friendly Capsule
Fashion

NOAH Celebrates Funk Legends Earth, Wind & Fire With Surf-Friendly Capsule

A statement surfboard and leather jacket anchor essential layering pieces.

Better™️ Gift Shop Brings its Signature Blue Hue to Vault by Vans' Style 36 and Half Cab
Footwear

Better™️ Gift Shop Brings its Signature Blue Hue to Vault by Vans' Style 36 and Half Cab

A whole new take on “blue suede shoes.”


Futura and Takashi Murakami Release Collaborative Screenprints
Arts

Futura and Takashi Murakami Release Collaborative Screenprints

Available exclusively at The Noguchi Museum.

KITH's Winter 2020 Collection Banks on Mature Tailoring and Staple Menswear
Fashion

KITH's Winter 2020 Collection Banks on Mature Tailoring and Staple Menswear

Cozy layering pieces and collaborations with ASICS, Converse, Pendleton and more.

Beyoncé's IVY PARK and adidas Ready Latest UltraBOOST Collaboration
Footwear

Beyoncé's IVY PARK and adidas Ready Latest UltraBOOST Collaboration

Releasing alongside fresh iterations of the Forum Mid and Supersleek.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. By adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.