Economic Impact of Visits
[London MD logo] Museums survey 2018 DETAILED REPORT 1 Response rate Financial operations Summary of findings• 48 Accredited non-national museums in the • £10,641,596 was generated by This is the first survey of the 126 non national capital responded to the first London Annual responding museums in earned income London museums within the Accreditation Survey of Museums. (including admissions, retail, catering, Scheme. In this, the first year of the survey in • This equates to a 38% response rate from events, hospitality, educational and London, participation from the Local Authority London non-National museums within the other earned income from trading, e.g. funded museum sector was stronger than other Accreditation scheme property rental) parts of the sector. • £8,356,993 received in regular public Audiences funding (including ACE MPM/National • The government’s 2017 Mendoza Review of the A total of 3,876,653 visits in 2017-18 based Portfolio funding) English museum sector highlighted the on responses received • £979,186 received in grant funding • importance of accurate data to the health of the Responding museums held a total of 4,206 • £3,208,627 received in contributed sector. To date, the key sources of sector data activities and events that engaged 222,866 income (including all money received in have been generated through reporting to Arts participants donations, friends members/schemes, any sponsorship income, corporate Council England as a function of grant Economic impact investment for National Portfolio Organisations membership, or other non-earned • Visits to responding museums represented income) (previously Major Partner Museums) or through around £61,339,109 of gross visitor impacts the reporting of nationally sponsored museums • There were at least £9,955,117 of direct, Workforce – volunteers to government.
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