Museum of the Confederacy shows profit
For the first time since the early 1990s, the nonprofit will finish this fiscal year, ending June 30, with an operating profit. But the struggling downtown institution still plans on relocating its Civil War collection.
The museum finished last fiscal year with an operating loss of $389,000, forcing cutbacks. Doors were closed on Wednesdays, the magazine was cut from four issues to three, and the annual journal was axed.
But thanks to an emergency fund drive that raised about $1 million, the museum has reopened on Wednesdays, brought back the journal and increased publication of its magazine to four times a year.
Read entire article at Richmond Times-Dispatch
The museum finished last fiscal year with an operating loss of $389,000, forcing cutbacks. Doors were closed on Wednesdays, the magazine was cut from four issues to three, and the annual journal was axed.
But thanks to an emergency fund drive that raised about $1 million, the museum has reopened on Wednesdays, brought back the journal and increased publication of its magazine to four times a year.