Total Revenue for Museums, Historical Sites, and Similar Institutions, Establishments Exempt from Federal Income Tax
This dataset tracks total revenue for museums, historical sites, and similar institutions, establishments exempt from federal income tax over time.
Latest Value
5296.00
Year-over-Year Change
42.44%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures the total revenue for museums, historical sites, and similar tax-exempt institutions in the United States. It provides insight into the financial health and activity of cultural and educational organizations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Total Revenue for Museums, Historical Sites, and Similar Institutions, Establishments Exempt from Federal Income Tax series tracks the quarterly revenue generated by these types of tax-exempt organizations. This data is useful for analyzing the broader trends and financial conditions within the cultural and educational sectors.
Methodology
The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of tax-exempt establishments.
Historical Context
This revenue trend is relevant for policymakers, economists, and market analysts assessing the state of the cultural and educational industries.
Key Facts
- The series began in 1998 and is reported quarterly.
- This metric excludes revenue from government-owned cultural institutions.
- Tax-exempt museums and sites account for a significant portion of the U.S. cultural economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by tax-exempt museums, historical sites, and similar cultural and educational institutions in the United States.
Q: Why is this trend relevant for users or analysts?
A: This revenue data provides insight into the financial health and activity of the cultural and educational sectors, which are important contributors to the overall economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through quarterly surveys of tax-exempt establishments.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this revenue trend to assess the state of the cultural and educational industries and inform decisions related to these sectors.
Q: Are there update delays or limitations?
A: The data is reported quarterly, with a typical delay of several months between the end of the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Total Revenue for Museums, Historical Sites, and Similar Institutions, Establishments Exempt from Federal Income Tax (REV712TAXEPT144QNSA), retrieved from FRED.