Are there Limits to Financing Culture through the Market? Evidence from the U.S. Museum Field

References

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• 25. Because the Economic Census does not collect data on income from the sale of investments and other assets, we have excluded this revenue type from the SOI analysis to minimize distortions.
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• 26. In fact, as shown in Table 1, the 1997 SOI file gives total revenues of just over $3.1 billion for the 212 museums in the sample. For the same year, the Census gives total revenues of almost $4.9 billion for the much broader sample of 4,413 museum establishments.
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• 27. As shown in Table 2, net income from fundraising events is typically less than half of one percent of total revenues for museums in the SOI sample.
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• 29. Ibid.
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