Financial Stability

The Future of Museum Funding Resource

By Elizabeth Merritt

Exploring the impact of executive orders, actions, and policies on museum income streams and business models This resource from the Alliance’s Center for the Future of Museums analyzes the impact of recent executive orders and …
Innovations in Relevance: A Q&A with Stephen Reily of Remuseum

By Adam Rozan

I first learned about Stephen Reily when he was the director of Speed Art Museum in Louisville, Kentucky, which at the time was making headlines for its Breonna Taylor-themed exhibition Promise, Witness, Remembrance. His name popped up …
8 Steps for Growing Investable Assets

By Jacqueline Jordan

At Northern Trust, we understand the value of partnership and shared history. Like the American Alliance of Museums, we believe that a community of like-minded individuals and organizations can meaningfully change lives. That is why we …
Striking a Balance at the Oakland Museum of California

By Nisha Gulati, Mirella Rangel, and Kim Ondreck Carim

The Oakland Museum of California has changed its financial decision-making to prioritize social cohesion. This article originally appeared in Museum magazine’s May/June 2024 issue, a benefit of AAM membership. During a strategic planning …
Museum Philanthropy & Fundraising Tipsheet

By American Alliance of Museums

This tipsheet summarizes the transcript of a webinar presented by Charles Katzenmeyer, Eowyn Bates, Amy Burt, Shannon Joern, and Ginevra Ranney. It was developed with the help of ChatGPT. Building museum resilience begins with diversifying …
How Do You Know You’re Ready for a Campaign? Where Do You Start?

By American Alliance of Museums

Whether constructing a new building, growing your endowment, or simply raising money for a program, campaigns are complex endeavors. Even the most organized campaigns can put staff, trustees, and volunteers to the test. Watch the San Diego …
Why Museums Need Internal Audit

By Humza Elahi, Christienne Johnson, Roman Lindauer, and Laurie Scofield

How do you feel when you hear the words “internal audit”? For many people, the answer is a sense of anxiety and perhaps even a muttered “uh oh.” As a group of museum internal auditors, we’re used to confronting this reaction from our …
Why Museum Store Sunday Matters and What’s New for This Year

By Tia Bianchini, Stuart Hata, and Susan Tudor

Enter through the museum store! Much more than a gift shop, the museum store has become a major earned revenue stream for parent institutions as they continue to recover post-pandemic. And as museums and other cultural institutions embrace …
Museum People’s Favorite Museum Stores

By Joseph O'Neill

Museumgoers know that one of the best places to find distinctive, cherishable objects, books, and apparel is in a museum store. With their connection to their institutions’ educational missions, these special stores boast a …
Museum Store Sunday 2022—Plan, Prepare, & Participate!

By Tia Bianchini & Susan Tudor

Museum Store Sunday is on November 27, the Sunday after Thanksgiving! Is your institution participating? Do not miss this chance to join forces with over 1,900 cultural institutions worldwide to spotlight and support your institution and …