Peoria museum sees financial health in third year
PEORIA, Ill. (AP) — Officials at the Peoria Riverfront Museum believe their budget will be in the black when the facility wraps up its third year next week.
That’s a long way from the museum’s first two years.
According to the Journal Star in Peoria (http://bit.ly/1TPbxOA ), the museum’s board had to use about $1.5 million in reserves over those two years to balance the budget.
Museum CEO Sam Gappmayer said attendance this year has been good. The museum will surpass its goal of 160,000 visitors this year.
Gappmayer said the resurgence of Peoria’s downtown has helped. But he said the museum has also tried new ideas such as programs aimed at niche audiences such as veterans or fans of classical music.
Information from: The News-Gazette, http://www.news-gazette.com