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Subject:
From:
Wesley Creel <[log in to unmask]>
Reply To:
Museum discussion list <[log in to unmask]>
Date:
Wed, 2 Oct 2002 15:26:59 -0400
Content-Type:
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Good Afternoon John,
Gosh John, this is a hard one.  It's like the question, "What are the start
up costs for a new (fill in the blank...hospital, private school, shopping
center, air force)?"
You need to first determine the size of the facility,
construction/renovation of such a facility, funding sources (feasibility),
projected attendance, scope of the programming efforts, etc. etc. etc. and
the staff size to support what you want to do, and then look for recently
established and similiar organizations that mirror your proposed
institutional and program offering profile and then ask them to share with
you their original budget for start-up and then the actual figures after
the first 3 years of operations.  Those actuals would be a good place to
start having a dialogue.  In other words, look for comparables that are
already in operation and take it from there.
Best Wishes and Good Luck!
Wesley S. Creel
Administrator of Programs & Interim Director of Museums
Pink Palace Family of Museums
Memphis, Tennessee
www.memphismuseums.org

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