Financial Management in Museums Theory, Practice, and Context

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Synopsis

Financial Management in Museums considers sustainable and innovative solutions to current museum financial challenges by analyzing the many changes and pressures affecting the museum field.Presenting diverse perspectives from a range of authors around the world, the book shares and compares different funding models and methods of museum financial management. Arguing that museums need to be more effective in obtaining and managing financial resources, the volume also demonstrates how innovative and sustainable financial management strategies and structures can allow museums to respond to societal pressures and issues in a more effective way. It also demonstrates that museums must allocate resources responsibly to fulfill their goals of justice, equity, inclusion, and accessibility. The theoretical and practical contributions within the volume cover a comprehensive range of topics, including foundational concepts, revenue, expenses, budgeting, financial leadership, strategic planning, mission-based investment strategies and alternative revenue strategies.Financial Management in Museums focuses on the unique financial needs and structures of museums, while also considering important lessons from adjacent sectors. It will be essential reading for students and academics engaged in the study of museums, arts and cultural management and business. The book will also be useful to museum professionals working around the world.

Book details

Author:
Yuha Jung, Rachel Shane, Jaleesa Renee Wells
ISBN:
9781040105436
Related ISBNs:
9781032310916, 9781040105399, 9781003308003, 9781032310930
Publisher:
Taylor & Francis
Pages:
416
Reading age:
Not specified
Includes images:
Yes
Date of addition:
2024-08-16
Usage restrictions:
Copyright
Copyright date:
2025
Copyright by:
selection and editorial matter, Yuha Jung, Rachel Shane, and Jaleesa Renee Wells 
Adult content:
No
Language:
English
Categories:
Art and Architecture, Business and Finance, Nonfiction