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FINANCES

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ADVANCEMENT

ADVANCEMENT

The Ringling consistently demonstrates fiscal diligence by ending every year with a surplus.

Between 2011 to 2019 our budgets grew from $12.75 million to $22 million. With the 2018–2019 fiscal year, our operating funds ended the year at $22.3 million in revenue, exceeding our budget by 7%, $21 million in expenses, 1% increase over budgeted. With fund transfers for Acquisitions ($160,975), we ended the fiscal year with a surplus of $990,948.

ATTENDANCE

414,695 VISITORS IN TOTAL $22.3 M REVENUE $20.9 M EXPENSES $991 K SURPLUS $1.4 M DRAW FROM ENDOWMENTS

Endowments

The Ringling’s combined endowments (The John & Mable Ringling Museum of Art Foundation and the Florida State University Foundation) at year-end totaled $39.4 million with the annual draw from the endowments this fiscal year of $1.4 million.

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