The trading income of museums sponsored by the Department for Culture, Media and Sport (DCMS) in England increased significantly in 2022/2023 over the previous fiscal year, following a dramatic decline with the onset of the coronavirus (COVID-19) pandemic. Between April 2022 and March 2023, the Natural History Museum reported the highest figure among the DCMS-sponsored museums in England, with a trading income of roughly 15.6 million British pounds.
Trading income of DCMS-sponsored museums in England from 2019 to 2023, by museum
(in 1,000 GBP)
Characteristic
2019/2020
2020/2021
2021/2022
2022/2023
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fiscal years running April to March; museums are ranked based on the highest trading income in 2022/2023
Supplementary notes
The National Portrait Gallery closed for refurbishments in 2020 and reopened in June 2023.
The source defines trading income as the income generated by selling products or services to customers, licensing, consultancy, access, and income from other services.
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Department for Digital, Culture, Media and Sport (UK). (March 14, 2024). Trading income of DCMS-sponsored museums in England from 2019 to 2023, by museum (in 1,000 GBP) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/422460/traiing-income-dcms-museums-england-uk-by-museum/
Department for Digital, Culture, Media and Sport (UK). "Trading income of DCMS-sponsored museums in England from 2019 to 2023, by museum (in 1,000 GBP)." Chart. March 14, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/422460/traiing-income-dcms-museums-england-uk-by-museum/
Department for Digital, Culture, Media and Sport (UK). (2024). Trading income of DCMS-sponsored museums in England from 2019 to 2023, by museum (in 1,000 GBP). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/422460/traiing-income-dcms-museums-england-uk-by-museum/
Department for Digital, Culture, Media and Sport (UK). "Trading Income of Dcms-sponsored Museums in England from 2019 to 2023, by Museum (in 1,000 Gbp)." Statista, Statista Inc., 14 Mar 2024, https://www.statista.com/statistics/422460/traiing-income-dcms-museums-england-uk-by-museum/
Department for Digital, Culture, Media and Sport (UK), Trading income of DCMS-sponsored museums in England from 2019 to 2023, by museum (in 1,000 GBP) Statista, https://www.statista.com/statistics/422460/traiing-income-dcms-museums-england-uk-by-museum/ (last visited August 24, 2024)
Trading income of DCMS-sponsored museums in England from 2019 to 2023, by museum (in 1,000 GBP) [Graph], Department for Digital, Culture, Media and Sport (UK), March 14, 2024. [Online]. Available: https://www.statista.com/statistics/422460/traiing-income-dcms-museums-england-uk-by-museum/