Insight
Our sector is just beginning to assess the impact of closures, travel bans, cancellation of events, and the implementation of social distancing Elizabeth Merritt, Center of the Future of Museums
Q&A with Elizabeth Merritt Trendswatch author discusses this year's report
W
ith the global health crisis continuing to unfold, Tom Anstey, spoke to Elizabeth Merritt,
vice president of strategic foresight and founding director for the Center of the Future of Museums, to learn more about this year's Trendswatch nd how it can help the museums in the short and long term.
Why did you choose to look at finance in this year's edition? When AAM was developing its current strategic plan, we asked museums to share their biggest challenges. Financial sustainability was one of the top three issues identified by museums of all types, and that is a well-founded concern. A ■■It's recommended that all museums build
survey we conducted in 2017 found that
up a three month surpluss for times of crisis
29 per cent of museums had dipped into their reserves or endowment,
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Issue 153
