Shutdown Costs Reagan Library $150,000 a Week in Lost Revenue

 

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By Stephen Frank,  California Political News and Views

The rumor was flying around the L.A. area—the Reagan Library was going to close permanently.  Not true.  It is closed, now, like other libraries, museums and public facilities.  Like the others, no one knows for sure when it can re-open.  In the meantime, it is losing $150,000 a week in revenues.

“The letter was initially published online Tuesday morning by celebrity news site TMZ. The museum confirmed to the Business Journal the letter’s validity Tuesday afternoon.

“As you can imagine, as a public-facing institution, we collect revenue through ticket sales, museum store sales, audio tour sales, membership sales, etc. By being closed, these funds are now not coming in,” Melissa Giller, the museum’s chief marketing officer, said in an email to the Business Journal. “That said, we’ve been raising funds for decades – and we’re quite successful at it. … The fundraising we have been able to do is keeping every single employee – part time and full time – employed during this ‘shelter-at-home’ timeframe while public spaces and businesses are closed. We have not currently laid off anyone.”

The museum employs about 150 people, including part-time workers, between its two offices in Simi Valley and Washington, D.C.”

Sad time for all of us—the legacy of freedom personified by President Ronald Reagan is closed—but it will open again.

*Editor’s Note: The Reagan Library is a federal site.  It will stay open. But the revenue is down.  You can donate to their special fund: Here is the link

Related article: Shutdown Costs Reagan Library $150,000 a Week in Lost Revenue

The views and opinions expressed in this commentary are those of the author and do not necessarily reflect the official position of Citizens Journal.


Stephen Frank: Is the the publisher and editor of the California Political News and Views.  Mr. Frank speaks all over California and appears as a guest on several radio shows each week. He has also served as a guest host on radio talk shows and is a full time political consultant. http://capoliticalnews.com/

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