The Metropolitan Museum of Art (Met) is one of the most iconic and renowned art museums in the world. It has been around since 1870 and has grown to become a major tourist attraction in New York City. But how much money does the Met make?
The Met has 2,000 employees and the revenue per employee ratio is $106,837. This means that the total revenue of the Met is around $212 million. This is a significant amount of money, and it is only expected to increase in the future.
The Met’s peak revenue was $213.7 million in 2022. This was the highest amount of money that the Met has ever made in a single year. This number is expected to continue to grow as the Met continues to attract more visitors and tourists.
The Met also receives donations from patrons and corporations. These donations are used to fund the Met’s various projects and initiatives. In addition, the Met also receives grants from the government and other organizations. These grants are used to support the Met’s operations and research.
The Met also earns money from its merchandise and retail stores. These stores sell items such as books, souvenirs, and art prints. The Met also has an online store where people can purchase items from the Met’s collection.
Overall, the Met makes a significant amount of money each year. This money is used to fund the Met’s operations and initiatives, as well as to support its research and educational programs. The Met is also able to attract more visitors and tourists due to its impressive collection and exhibits. This helps to ensure that the Met continues to be a major tourist attraction in New York City.
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