1/06/2018

Met mandatory admission fee

For the first time in half a century, visitors to the Metropolitan Museum of Art will have to pay a mandatory admission fee of $25 if they do not live in New York State under a new policy that begins March 1.
The change reflects the Met’s efforts to establish a reliable, annual revenue stream after a period of financial turbulence. But the move could provoke objections from suburbanites and tourists as well as from those who believe a taxpayer funded institution should be free to the public.
 “What we’re trying to do is find the right balance in generating revenue to support this enterprise,” Daniel Weiss, the Met’s president and chief executive officer, said in an interview.
The Met’s pay-as-you-wish tradition will continue for state residents, but they will be required, for the first time, to show address identification; those without it will be asked to bring it next time (but not turned away).
The Met is among the most prestigious institutions in the world, on par with the Louvre, the Museum of Modern Art and the Guggenheim, but has long been distinguished from those museums for not charging a mandatory admissions fee. Instead, it has sustained itself through private donations and public dollars; the city contributes operating support every year, because it owns the Met’s Fifth Avenue building.
The Met currently receives about $26 million from the city. Under the new admissions policy, the $15 million that goes toward energy costs like heat and light will remain intact; the remaining $11 million which offsets the Met’s operating costs (for security and building staff) will reduce on a sliding scale after the first full year.
The Met’s reduced portion of city funds will be redirected to cultural institutions in undeserved parts of the city.
Fred Dixon, the chief executive of New York’s tourism agency, NYC & Company, said “I don’t think the new policy will affect the flow of visitors to the city.”
Principio del formulario
The admissions policy shift is one of the ways in which the Met is addressing a budget deficit that two years ago threatened to balloon to $40 million. While the museum now has a deficit of about $10 million, Mr. Weiss said it aims to balance its budget by 2020.
Though the required admission for out-of-towners will result in a relatively modest revenue increase, Mr. Weiss said, “If every part operates a little bit better, we can get where we need to go.”