Fact of the Week #159

Fact of the Week #159: US museums generate more than $12 billion per year in tax revenue to federal, state, and local governments. The Museums field's largest economic impact is on the leisure and hospitality industry (approximately $17 billion), but it also generates approximately $12 billion in the financial activities sector and approximately $3 billion each in the education/health services and manufacturing sectors.  aam-us.org