When it comes to museum finance, it seems that regional museums are suffering at the moment, with new research revealing that 39 per cent of such establishments run by local authorities has seen funding fall in the last 12 months.

The Museums Association report shows that there are also many independent museums, once run by local authorities, that have seen their overall funds decrease in the last year, with 54 per cent saying that this is the case.

However, it is still worth noting that 38 per cent said the amount had risen and just eight per cent said there had been no change in funding levels overall.

But, in real terms, figures from the Department of Communities and Local Government still show that local authority funding of museums across England has dropped by 31 per cent since 2010.

Earned income is on the rise, however, with many organisations supplementing their income from sources like shops and cafes. And museums are still benefiting from grants and donated income, with 80 per cent saying that income from such sources has either increased (42 per cent) or stayed the same (38 per cent).

Sadly, however, East Yorkshire independent charity the Yorkshire Waterways Museum and the Sobriety Project is set to close its doors because of the economic climate and a drop in public funding available for charities.

It’s due to close on May 15th, according to the Museums Association, with policy officer Alistair Brown saying how sad it is that it’s now shutting up shop. Concerns have now been raised about the future of the collection, which includes numerous vessels and archives of historical significance.

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