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Posted at 11:15 AM ET, 07/14/2010

Colonial Williamsburg revenue down

By Washington Post editors

Officials at Colonial Williamsburg say ticket sales and donations fell in 2009, contributing to an overall decline in revenue for the living-history museum.

The Colonial Williamsburg Foundation said visitors purchased 660,000 general admissions in 2009, down 7 percent from the previous year. Gifts to the Colonial Williamsburg Fund, which supports the operating budget, declined 4.5 percent to $14 million over the same period.

Revenue totaled $192 million, down nearly 9 percent from $210 million in 2008. Expenses declined from $249 million to $216 million over the period. The result was an operating loss of $24 million, smaller than the $39 million loss the previous year.

The foundation's net assets increased by $115 million to $843 million, largely on stronger performance of its endowment, which reflected improvements in the financial markets.

-- Associated Press

By Washington Post editors  | July 14, 2010; 11:15 AM ET
Categories:  Virginia  
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Maybe instead of promoting virginia's civil war past, mcdonnell should of honored williamsburg and virginia's colonial past, or history in general with a Virginian History month (instead of his civil war confederate month)

Mcdonnell took an opportunity to promote tourism, but instead catered to special interests and issued a devisive proclaimation that insulted and pushed visitors away.


Posted by: MarilynManson | July 14, 2010 12:27 PM | Report abuse

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