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AUTHORIZATION TO CHANGE THE GENERAL ADMISSION FEE
FOR THE MUSEUM OF CONTEMPORARY ART
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To: The Honorable Board of Commissioners of the Chicago Park District
I. Recommendation
It is recommended that the Board of Commissioners adopt an order authorizing an increase in the general admission fees to the Museum of Contemporary Art. The proposed general admission fee increase is to take effect on June 1, 2017. The museum has not increased its fees since 2009 and only the third time in the last 20 years.
The increase will also allow the Museum to be open later on Tuesdays and Fridays than the current schedule and provide children 17 and under with free admission as compared to the current policy of children 12 and under receive free admission.
II. Explanation
The proposed general admission fee increase is necessary to offset the Museum's increased costs associated with exhibitions and programming as well as other operating expenses. The proposed increase to the admission price will assist in covering those costs. Currently, revenues from admissions comprise only 5% of the $20 million in operating expenses.
The proposed pricing structure will be competitive with Chicago's other major cultural attractions and other similar museums in the United States. The Museum of Contemporary Art will continue to offer 52 free days to Illinois residents as well as free school groups for students. Also, the museum provides free admission to active members of the military, veterans, police and firefighters. Approximately 107,000 individuals or 44% of the attendance in 2016 was free. In addition, the museum provides admission for only $3 for up to 6 individuals with EBT/Link cards.
II. Explanation (continued)
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The following is a summary of the proposed general admission increase:
Current Admission Fee Proposed Admission Fee
Adult $12 $15
Seniors and Students $7 $8
Children under 12 Free
Children under 17 Free
In reviewing the museum's request we compared the...
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