Tacoma Art Museum today released an unaudited statement of activities for fiscal year 2003, July 1, 2002 June 30, 2003, reporting a balanced budget with a minimal surplus. Last year, Tacoma Art Museum directed two fundraising campaigns, the capital campaign for the building and the Annual Fund for annual operating expenses, managed a membership campaign for the grand opening, operated two museum buildings, and opened a new facility twice the size of its former home, all within its $2.8 million budget.
One of our major priorities in moving to this new building was to ensure a solid financial base for the museum, said Janeanne Upp, the museums executive director. We have balanced the budget for three years running, and I am proud to say that we met this goal again during such an important year. Were off to a great start in 2004!
Tacoma Art Museum drew over 7,000 visitors to the new buildings 24-hour grand opening celebration in May. The overwhelming reaction to the new building and the opening exhibitions enabled the museum to nearly double the previous years attendance numbers.
Tacoma Art Museums new 50,000 square-foot facility is located next to historic Union Station and across from the new University of Washington Tacoma campus.