1. Market Research
  2. > Tourism and Leisure
  3. > Leisure Market Trends
  4. > Museums in the US - Industry Market Research Report

Work of art: Museum visitation and private donations have increased industry revenue



Abstract

Museums in the US

The health of the Museums industry is tied to individuals' inclination to donate or spend money on leisure activities, which is affected by trends in disposable income and consumer confidence. Following a drastic downturn during the recession, the industry began to turn around at the end of 2011, with the majority of museums reporting an increase in attendance, a trend that has continued throughout the five-year period. Furthermore, improving economic conditions resulted in a rise in private donations, the second-largest source of industry revenue. The majority of museums in the United States qualify as nonprofit organizations and therefore benefit from a tax-exempt status from the Internal Revenue Service (IRS). As a result, many of these institutions rely on government support. Over the five years to 2021, industry revenue growth will be bolstered by rising employment, which will accelerate disposable income growth. As a result, more individuals are expected to make discretionary museum trips and charitable donations.


This industry engages in the preservation and exhibition of objects of historical, cultural and educational value and includes art galleries, art museums and other museums in general. This industry does not include commercial art galleries that sell art products and objects.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



Related Reports

Art Dealers in the US

Historic Sites in the US

National & State Parks in the US



International Reports

Art Galleries and Museums in Australia

Table Of Contents

Museums in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

Smithsonian Institution

J Paul Getty Museum

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Directory of Islamic Arts & Museums 1st Edition

Directory of Islamic Arts & Museums 1st Edition

  • $ 200
  • Industry report
  • January 2017
  • by Asia Pacific Infoserv

Here you will find information on thousands of art museums, art and antique dealers, public galleries, universities and art associations, auctioneers, restorers, art publishers, art periodicals, art book ...

Museums - The 2017 U.S. Market Research Report (Covers 2008-2021)

Museums - The 2017 U.S. Market Research Report (Covers 2008-2021)

  • $ 195
  • Industry report
  • March 2017
  • by Kentley Insights

The 2017 Market Research Report on Museums is an in-depth evaluation of the industry and will provide you with the key insights, trends and benchmarks you need to create a broad and comprehensive diagnostic ...

Museums, Historical Sites, and Similar Institutions - The 2017 U.S. Market Research Report (Covers 2008-2021)

Museums, Historical Sites, and Similar Institutions - The 2017 U.S. Market Research Report (Covers 2008-2021)

  • $ 195
  • Industry report
  • March 2017
  • by Kentley Insights

The 2017 Market Research Report on Museums, Historical Sites, and Similar Institutions is an in-depth evaluation of the industry and will provide you with the key insights, trends and benchmarks you need ...


Download Unlimited Documents from Trusted Public Sources

Performing Art Industry in the US - Forecast

  • March 2017
    23 pages
  • Performing Art  

  • United States  

View report >

Museum Industry in the US - Forecast

  • March 2017
    8 pages
  • Museum  

  • United States  

    North America  

View report >

DVD, Blu Ray Industry in the US

  • March 2017
    28 pages
  • United States  

View report >

Related Market Segments :

Museum

ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.