{"id":1838,"date":"2015-03-03T19:46:03","date_gmt":"2015-03-04T03:46:03","guid":{"rendered":"http:\/\/www.artsjournal.com\/worth\/?p=1838"},"modified":"2015-03-03T19:46:03","modified_gmt":"2015-03-04T03:46:03","slug":"on-the-return-to-public-investments-in-museums","status":"publish","type":"post","link":"https:\/\/www.artsjournal.com\/worth\/2015\/03\/on-the-return-to-public-investments-in-museums\/","title":{"rendered":"On the return to public investments in museums"},"content":{"rendered":"

\"maybe<\/a>Arts Council England has released a new report<\/a> that seeks to quantify the ‘economic impact’ of museums. It estimates that to be\u00a0\u00a31.45 billion. That doesn’t matter much – there are no insights to be gained, no policy implications, from the estimate’s being \u00a31.45 billion or \u00a32.07 billion or \u00a31.03 billion. Still, ACE thought that funds spent on producing this report were useful for something, useful enough to justify the opportunity costs in reduced funding for artists and arts organizations – maybe there will be a follow-up study that explains this.<\/p>\n

I just want to raise one small point. Consider this graphic distributed on Twitter through @ace_national:<\/p>\n

\"museums<\/a><\/p>\n

What exactly does this mean? The strong impression given is that every \u00a31 granted to museums by the public sector will generate \u00a33 of income.<\/p>\n

But we have no evidence that this is true. Page 19 of the report does<\/em> explain what is going on: public funding accounts for about 25% of museum revenue. That’s the source of the numbers in the graphic. Public funding coexists with other forms of revenue, but the former does not generate<\/em> the latter.<\/p>\n

As an aside, if public funding only accounted for 10% of museum revenue, they could have produced an even more stirring graphic: that every \u00a31 granted in public funds generates \u00a39<\/em> of income.<\/p>\n

Arts advocates, please: economic impact studies, expensive to produce, useless and forgotten as research, are not how to demonstrate that #culturematters.<\/p>\n","protected":false},"excerpt":{"rendered":"

Arts Council England has released a new report that seeks to quantify the ‘economic impact’ of museums. It estimates that to be\u00a0\u00a31.45 billion. That doesn’t matter much – there are no insights to be gained, no policy implications, from the estimate’s being \u00a31.45 billion or \u00a32.07 billion or \u00a31.03 billion. Still, ACE thought that funds […]<\/p>\n","protected":false},"author":3,"featured_media":1145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[26],"tags":[],"class_list":{"0":"post-1838","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-issues","8":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/03\/sisyphus.jpeg","jetpack_shortlink":"https:\/\/wp.me\/p3dIW5-tE","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2962,"url":"https:\/\/www.artsjournal.com\/worth\/2024\/02\/museums-are-not-like-highways\/","url_meta":{"origin":1838,"position":0},"title":"Museums are not like highways","author":"Michael Rushton","date":"February 14, 2024","format":false,"excerpt":"In a New York Times op-ed, Laura Raicovich and Laura Hanna call for a generous increase in the way the government, in particular the federal government, funds arts institutions: As policymakers in Washington gather to draft a new budget for fiscal year 2025, they could solve culture\u2019s current financial crisis\u2026","rel":"","context":"In "issues"","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/02\/image.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/02\/image.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/02\/image.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/02\/image.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/02\/image.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/02\/image.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":1861,"url":"https:\/\/www.artsjournal.com\/worth\/2015\/03\/does-cultures-share-of-gdp-matter\/","url_meta":{"origin":1838,"position":1},"title":"Does culture’s share of GDP matter?","author":"Michael Rushton","date":"March 17, 2015","format":false,"excerpt":"I don't see how it does. Americans for the Arts sees it differently - writing about the recent Bureau of Economic Analysis accounts, they write: Much has been written about the truly mind-bending sum of $698.7 billion in industry expenditures\u2014a substantial contributor to the economy that supported 4.7 million jobs\u2026","rel":"","context":"In "issues"","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"what's your share?","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2015\/03\/Art-works.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2015\/03\/Art-works.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2015\/03\/Art-works.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2015\/03\/Art-works.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":1229,"url":"https:\/\/www.artsjournal.com\/worth\/2014\/04\/what-is-big-data-for\/","url_meta":{"origin":1838,"position":2},"title":"What is big data for?","author":"Michael Rushton","date":"April 17, 2014","format":false,"excerpt":"For a number of years I co-edited the Journal of Cultural Economics, and the core duty of the editor of a research journal is to guide through revision and publication papers that have findings new and interesting enough to advance our knowledge, and to turn away those papers that are\u2026","rel":"","context":"In "issues"","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"what are the data telling us?","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/04\/whirlwind-computer.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":2191,"url":"https:\/\/www.artsjournal.com\/worth\/2017\/04\/on-charging-admission-at-the-met\/","url_meta":{"origin":1838,"position":3},"title":"On charging admission at the Met","author":"Michael Rushton","date":"April 28, 2017","format":false,"excerpt":"The New York Times reported that the Metropolitan Museum of Art is looking at options to make its \"suggested\" entry fee into something a little stronger than a hint, at least for people who live outside the city or state. A few years ago Derek Thompson reported that about six\u2026","rel":"","context":"In "issues"","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"i should pay","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2017\/04\/met.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2017\/04\/met.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2017\/04\/met.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":1119,"url":"https:\/\/www.artsjournal.com\/worth\/2014\/03\/a-cautionary-note-on-the-social-and-economic-value-of-the-arts\/","url_meta":{"origin":1838,"position":4},"title":"A Cautionary Note on the Social and Economic Value of the Arts","author":"Michael Rushton","date":"March 14, 2014","format":false,"excerpt":"Arts Council England has released a new report on The Value of Arts and Culture to People and Society: An Evidence Review. What to make of it? From the foreword by the Chair of the Council, Sir Peter Bazalgette: Of course the inherent value of arts and culture is, in\u2026","rel":"","context":"In "issues"","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"think of the grandchildren","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/03\/keynes4-300x290.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":741,"url":"https:\/\/www.artsjournal.com\/worth\/2013\/04\/what-do-we-talk-about-when-we-talk-about-the-economic-impact-of-the-arts\/","url_meta":{"origin":1838,"position":5},"title":"What do we talk about when we talk about the economic impact of the arts?","author":"Michael Rushton","date":"April 30, 2013","format":false,"excerpt":"In the news from Britain in the past week has been a speech by Culture Minister Maria Miller on the arts and the economy in the UK - the full text is here. Commentary has ranged from the concern about putting too much emphasis on the economic, to how we\u2026","rel":"","context":"In "issues"","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"multiplier","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2013\/04\/yorkshire-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/posts\/1838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/comments?post=1838"}],"version-history":[{"count":5,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/posts\/1838\/revisions"}],"predecessor-version":[{"id":1844,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/posts\/1838\/revisions\/1844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/media\/1145"}],"wp:attachment":[{"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/media?parent=1838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/categories?post=1838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/tags?post=1838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}