Posts & Webinars
Establishing Museum Target Budgets: Best Practices & Insights from the 2025 Market Report
WEBINAR —Are you involved in, or planning, a museum renovation or expansion? Join us for a revisit of a highly popular topic in museum planning: how to develop a target project budget with full awareness—grounded in relational analysis of recent spending trends at other museums, either recently completed or currently under construction. Plus, we'll have an honest discussion about the impact of tariffs on budgets for construction, renovations, exhibits, cases, AV, and more.
Moderated by Praxis member Carolynne Harris of Carolynne Harris Consulting, with Praxis members Kris Collins of MGAC and Cathlin Bradley of Kubik Maltbie. A Q&A session follows the presentation.
Conceptual Target Budgets- Nightmares, Fantasies, or Reality?
WEBINAR — A budget is the foundation of a project, yet there is often confusion or lack of confidence about how to establish a target budget, and what elements must be considered. Is it Alchemy? Do you have a Franken-budget? Are there ghouls waiting in the wings to kill your project?
Mysteries Revealed! Watch this webinar that features a panel of experienced museum project planners as they explore the process for setting conceptual target budgets, explain what sort of analysis should occur prior to setting budgets, and discuss many items to consider when embarking on such a journey. The panel will share benchmarking data from REAL (not graveyard) PROJECTS (no names of course), and talk about why googling “how much should a museum or exhibition cost” is a career-threatening action. A Q&A session follows the presentation.