so it raises money to pay its operating costs. The ways that the museum raises money is through annual fund raisers, in selling and renting some donated paintings that the museum is not interested at the time, the museum just exhibit 4% of the total paintings that it has in storage below the museum, and from 65 sponsors, their biggest source of money. Also, the museum has costs; organizing exhibitions is hard and the museum has design costs, advertising costs, and operating costs. For instance,…
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