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Re: Reistockpicks post# 5703

Wednesday, 04/06/2022 6:15:12 PM

Wednesday, April 06, 2022 6:15:12 PM

Post# of 19911
Exhibitions are not cheap. ABQQ can make a lot of money per year by hosting the Artwork of those 200 Chinese Artists at the theater that is near Chinatown...year round. Company can make A LOT more than the rent, repair, etc. if they are planning for the Art Exhibitions too.

It is important to realize that these big numbers were in this ANALYSIS that was done 20 years ago! I bet cost of Exhibitions are much higher these days. Imagine how many times they can offer Exhibitions there in a year!

"• For the 73 art exhibitions, the average cost was $90,000, while for the 77 non-art
exhibitions the average cost was nearly $450,000.
• The average cost per sq. ft.7
for the art exhibitions was $19.40 (SD $14.91;
median $16.50), while the average for the non-art exhibitions was $91.89 (SD
$127.65; median $50).8

• The average size for the art exhibitions was 4,200 sq. ft. and for the non-art
exhibitions 3,400 sq. ft."


https://www.si.edu/content/opanda/docs/rpts2002/02.08.costsfundingexhibitions.final.pdf
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