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NEWS
Report warns of looming funding crisis at NHM
POSTED 11 Feb 2004 . BY
The NHM is facing a funding crisis
The Natural History Museum (NHM) will find it hard to maintain its position as one of Britain’s leading tourist attractions without more funding, a report has found.

Treasurehouse and Powerhouse, which compiled the report, claims that Government grants alone will not be sufficient to secure the long-time future of NHM.

It said: "Dependence on government grant will not be sufficient to compete adequately with private sector leisure and educational facilities that are able to charge for entry."

Currently, the museum relies heavily on a £38m government grant.

According to Treasurehouse and Powerhouse, the NHM adds £190m to the economy every year – the equivalent of £4 for each pound provided by its annual grant.

While the museum enjoys more than three million visitors each year, it also produces scientific research at a standard compatible to ones produced by leading Universities.

Tony Travers, part of the team compiling the report, said: "The Museum has been a great success in recent years – but this doesn’t make the maintenance of the position any less challenging. It is clear from our study that the present funding regime cannot fully support the wide range of cultural, curatorial and tourist needs of such a modern institution."

The NHM is currently the fifth most visited visitor attraction in the UK, with its three million visits a year, just behind Blackpool Pleasure Beach (6.2 million visitors a year), Tate Modern (4.6 million), British Museum (4.6 million) and the National Gallery (4.1 million).

Details: www.nhm.ac.uk

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NEWS
Report warns of looming funding crisis at NHM
POSTED 11 Feb 2004 . BY
The NHM is facing a funding crisis
The Natural History Museum (NHM) will find it hard to maintain its position as one of Britain’s leading tourist attractions without more funding, a report has found.

Treasurehouse and Powerhouse, which compiled the report, claims that Government grants alone will not be sufficient to secure the long-time future of NHM.

It said: "Dependence on government grant will not be sufficient to compete adequately with private sector leisure and educational facilities that are able to charge for entry."

Currently, the museum relies heavily on a £38m government grant.

According to Treasurehouse and Powerhouse, the NHM adds £190m to the economy every year – the equivalent of £4 for each pound provided by its annual grant.

While the museum enjoys more than three million visitors each year, it also produces scientific research at a standard compatible to ones produced by leading Universities.

Tony Travers, part of the team compiling the report, said: "The Museum has been a great success in recent years – but this doesn’t make the maintenance of the position any less challenging. It is clear from our study that the present funding regime cannot fully support the wide range of cultural, curatorial and tourist needs of such a modern institution."

The NHM is currently the fifth most visited visitor attraction in the UK, with its three million visits a year, just behind Blackpool Pleasure Beach (6.2 million visitors a year), Tate Modern (4.6 million), British Museum (4.6 million) and the National Gallery (4.1 million).

Details: www.nhm.ac.uk

MORE NEWS
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
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Raby Castle reveals ambitious plans to become a major visitor destination
Raby Castle, known as one of the finest medieval fortifications in England, is nearing the end of an ambitious two-year renovation project.
+ More news   
 
COMPANY PROFILES
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


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Tel: +44 (0)1462 431385

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