SFMOMA

SFMOMA

Contemporary art museum with diverse exhibitions

About

SFMOMA is a museum focused on contemporary and modern art, located in San Francisco, California. It provides a variety of art experiences to a diverse audience, including art lovers, families, students, and tourists. The museum generates revenue through ticket sales, with free admission for visitors aged 18 and younger to encourage family participation. Memberships are also a key source of income, offering benefits like free admission and early access to exhibitions. SFMOMA hosts special exhibitions that attract large crowds, contributing to ticket sales. Additionally, the museum operates a store selling art-related merchandise and offers digital publications to engage a wider audience. Philanthropy is essential for SFMOMA's financial stability, with various giving opportunities and fundraising activities supporting its operations. The goal of SFMOMA is to make art accessible and engaging for everyone, fostering a love for contemporary art.

Company Stage

N/A

Employees

201-500

Industries

Social Impact, Education

Total Funding

N/A

Headquarters

N/A

Founded

1935


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Simplify's Take

What believers are saying

  • SFMOMA's acquisition of unique and historically significant works, such as the Nakagin Capsule Tower pod, enhances its prestige and attracts global attention.
  • The museum's innovative exhibitions and events, like the Yayoi Kusama 'Infinite Love' presentation and Pet Portraits Day, drive high visitor engagement and satisfaction.
  • Strategic partnerships and acquisitions, such as the collaboration with Creative Growth Art Center, diversify the museum's collection and strengthen its cultural impact.

What critics are saying

  • A 35% decline in attendance and recent job cuts indicate potential financial instability and operational challenges.
  • The competitive landscape of cultural institutions in San Francisco requires SFMOMA to continuously innovate to maintain its relevance and visitor numbers.

What makes SFMOMA unique

  • SFMOMA's focus on contemporary and modern art, combined with its strategic acquisitions and partnerships, sets it apart from other cultural institutions.
  • The museum's diverse revenue streams, including ticket sales, memberships, retail operations, and philanthropy, provide financial stability and growth opportunities.
  • SFMOMA's commitment to inclusivity and accessibility, exemplified by free admission for guests aged 18 and younger and partnerships with organizations like Creative Growth Art Center, enhances its community engagement.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%

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