Tag Archives: Museum of Fine Arts Houston

Financial Management at America’s Billion-Dollar Museums

Big 5 Museums Assets 2012

The Smithsonian Institution has more than $3 billion in assets and had more than $168 million in income for its 2012 fiscal year, making it the biggest and strongest museum in America.  It’s also the leader of the handful of American museums that have more than a billion dollars in net assets, according to the latest financial reports available through GuideStar.  At the top of the list of America’s wealthiest museums are:

  • Smithsonian Institution (Washington, DC)
  • Metropolitan Museum of Art (New York)
  • Museum of Fine Arts Houston (Texas)
  • Colonial Williamsburg Foundation (Virginia)
  • Museum of Modern Art (New York)

This is a nice trivia question for the next museum reception but what does it mean?  First of all, the size of the museum isn’t based on Continue reading