7 Invisible Obstacles to Digital Marketing Success
7 Invisible Obstacles to Digital Marketing Success
12 Steps to Create Videos

Bellevue Arts Museum announces closure after months of financial struggle [Video]

Categories
Public Relations

BELLEVUE, Wash.The Bellevue Arts Museum announced its closure to the public on Wednesday after dealing with significant post-pandemic financial challenges.

In a press release, the Bellevue Arts Museum (BAM) said it faced similar struggles to many other museums in the U.S., including a major drop in foot traffic and fewer donations.

“BAM, like most American museums, has been affected by revenue losses amid drops in attendance, fundraising, and retail sales since the end of the pandemic. Despite the museum’s best efforts to overcome significant financial challenges, BAM can no longer sustain its operations.,” read BAM’s press release.

BAM, a not-for-profit organization, relied heavily on grants and financial support from the public. However, the decline in visitors severely affected funding, leaving the museum in an unsustainable position after the COVID-19 pandemic.

The museum still plans to manage the Bellevue Arts Fair in 2025, but will cease its programs and exhibitions.

Kate Casprowiak …

The Implications of AI in Digital Marketing
The Implications of AI in Digital Marketing
5 Steps to Creating Successful Ads