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HomeMy WebLinkAboutExhibit BBusness a Decerj per 2016 arc Pro ecticrs Repor. Creating Cultural Capital Lord Cultural Resources is a global professional practice dedicated to creating cultural capital worldwide. We assist people, communities, and organizations to realize and enhance cultural meaning and expression. We distinguish ourselves through a comprehensive and integrated full -service offering built on a foundation of key competencies: visioning, planning and implementation. We value and believe in cultural expression as essential for all people. We conduct ourselves with respect for collaboration, local adaptation, and cultural diversity, embodying the highest standards of integrity, ethics, and professional practice. We help clients clarify their goals; we provide them with the tools to achieve those goals; and we leave a legacy as a result of training and collaboration. TA 3L F CON TEN S 1. Introduction 1 1.1 Background to and Purpose of the Study 1 1.2 Scope of Work and Methodology 2 2. Contextual and Comparables Analysis 4 2.1 The Overall Museum Marketplace 4 2.2 Evolution of Black Museums in the United States 6 2.3 Assessment of African American Museums and Cultural Organizations 7 2.4 Selected Civil and Human Rights museums in the South 8 2.5 Miami Museums/Attractions Marketplace 8 2.6 Existing and Potential African American/ African diasporic Sites in Miami 9 3. Market Analysis 12 3.1 Existing Markets for the Virginia Key Beach Park 12 3.2 Potential Markets 13 4. Updated Assumptions 22 4,1 Visitor Experience 22 4.2 Collections 23 4.3 Pre -Design Space and Facilities Plan 23 4.4 Site 29 4.5 Governance and Staffing 30 4.6 Operations and Marketing 31 4.7 Other Assumptions 34 5. Attendance, Revenue and Expense Projections 35 5.1 On -Site Attendance Projections 35 5.2 Projected Operating Revenues 41 5.3 Projected Expenses 46 5.4 Summary of Attendance and Financial Projections 50 1 INTRO e, ION This chapter summarizes the background to and purpose of this updated Business Plan and Projections study for the Historic Virginia Key Beach Park Museum (HVKBPM) as well as the methodology to carry it out. The focus is on the Museum and not on a potential Beach Pavilion or additional recreational amenities in the Park. 1,1 3ac cround to and Air Dose 0 the St.uc y The Historic Virginia Key Beach Park is part of the Virginia Key barrier island and is accessible from the mainland via the tolled Rickenbacker Causeway. The island also features a combination of attractions and educational/governmental institutions. The attractions include Miami Seaquarium, the former Miami Marine Stadium and new Flex Park, and the Virginia Key Beach Outdoor Center. The educational and governmental institutions include the University of Miami Rosenstiel School of Marine and Atmospheric Science, the National Marine Fisheries Service, an office of the U.S. National Oceanic and Atmospheric Administration, and the MAST Academy magnet school. The island also features biking and nature trails as well as several bars and night clubs The focus of this business plan update is on Historic Virginia Key Beach Park. The Park was established in August 1945 after months of protests that people of color were denied access to all of the beaches in the region. An agreed compromise allowed access to a designated "colored -only" beach in Miami based on "separate but equal" segregation. The site was Virginia Key Beach, a relatively small 82 acres with a half -mile of beach compared to the "white only" Crandon Park at 800 acres with two miles of beach. Nonetheless, the establishment of the Virginia Key Beach Park established a place of joy and togetherness among African Americans and offered access to a public beach for the first time. It is seen as an initial step along the path to civil rights, human rights and civic activism. Segregation of Miami -Dade beaches finally ended as early as 1959 as a result of various protests. As a result, Crandon Park and Virginia Key Beach would no longer be used exclusively by one race or another, but open for all to enjoy. When beaches closer to historically black residential neighborhoods desegregated, Virginia Key Beach gradually declined both in use and upkeep. The City of Miami closed the Park shortly thereafter, citing high maintenance costs and also recognizing that two beaches were not needed after desegregation, and the Park remained largely abandoned for two decades. As a consequence, its beach was eroded by storms and its buildings damaged and vandalized. The City had considered selling off the Lord Cultural Resources 1 rights to Virginia Key to allow for private development but such plans were met with new protests and demands for the restoration and re -opening of Virginia Key Beach Park. A Task Force to consider the future of the Park evolved into a Trust that would facilitate its re- opening as an open green space for a multi -cultural society. The restoration process was divided into four major areas: environmental, cultural, recreational and historical. The environmental focus was on removing all exotic vegetation from the park while replenishing the landscape with native vegetation. In August, 2002 the historical focus was initiated when the Park was placed on the National Register of Historic Places and given a Florida Historical Marker. In subsequent years, historic landmarks such as the bathhouse, concession stand, carousel house, and train and picnic pavilions have all been restored and opened for public use. In February of 2008, the Virginia Key Beach Park Trust re -opened the park to the public. The next step for the Historic Virginia Key Beach Park is establishment of a Museum building to be a focal point of an 82-acre living museum site that tells not only a civil and human rights story but also, to a lesser extent, an environmental story. This has been long planned and the need for it increases every year as fewer and fewer residents and visitors are aware of the historical importance of the site with the passage of time. One estimate heard in the interview process was that as little as 10% of South Florida African Americans under the age of 50 are familiar with the Virginia Key Beach Park story, and even fewer among the wider population. In 2006 Lord Cultural Resources was engaged to prepare a business plan and projections for the Virginia Key Beach Park Museum but the project was not implemented, partly as a consequence of the recession of 2008-10. The Business Plan was preceded by detailed facility and visitor experience plans and capital cost estimates that provided key assumptions for the 2006 business plan. Lord Cultural Resources has been re-engaged to prepare a Business Plan and Projections update but the facility and visitor experience plans and capital cost estimates have not been updated. The recommendations and assumptions set out in this report therefore reflect a business planning perspective as well as client direction and feedback from the interview process and are subject to modification in future planning and design. 2 Sco )e of Wor and Me,hoc 0 oCy The scope of work and methodology for the Business Plan Update is as follows. The Update was conducted by Ted Silberberg, a Certified Management Consultant and the Lord Cultural Resources Senior Principal responsible for Market and Financial Planning. He was assisted by Lord USA Managing Director Joy Bailey Bryant and researcher Maureen Marshall. To meet the objectives of this Business Plan Update we carried out the following steps: • We reviewed background materials provided by museum staff, including an internal update to the assumptions. • Ted Silberberg traveled to Miami to tour the Historic Virginia Key Beach Park site to view changes that have taken place over the past decade, to meet with senior staff, facilitate an Assumptions Workshop with Trustees and conduct external interviews. • Trustees and staff of the Historic Virginia Key Beach Park who attended the Workshop or were interviewed include (in alphabetical order): o Susanna Castro, Administrative Assistant Lord Cultural Resources 2 o Guy Forchion, Executive Director o Gustavo Godoy, Trustee o Carlos Lozano, Consultant Project Manager, Capital Improvements and Transportation Program, City of Miami o Karen Moore, Special Project Coordinator o Maud Newbold, Trustee o Nancy Nieves, Finance Coordinator o Enid Pinkney, Trust Vice Chair o N. Patrick Range, Trust Treasurer o Gene Tinnie, Trust Board Chair o Dick Townsend, Trustee • Ted Silberberg conducted interviews with the following external key informants: o William Anderson, Director of Planning and Research, Greater Miami Convention and Visitors Bureau o Bob Brazofsky, Executive Director of Social Science, Dade County Public Schools o Donovan Dawson, Budget Analyst, City of Miami o Eleazar Melendez, Chief of Staff to County Commissioner Ken Russell o Fredericke Alan Morley, Community Engagement Officer, City of Miami Mayor's Office o Alex Peraza, Project Manager, Miami Dade County Cultural Arts Department o Chris Rose, Budget Director, City of Miami o Michael Spring, Director, Miami Dade County Cultural Arts Department • We analyzed available contextual data regarding the overall museums marketplace, African American museums and other museums in Miami to help establish benchmarks for operating policies and for subsequent projections of attendance, operating revenues and expenses. • We analyzed potential resident, school and tourist markets for Miami and Virginia Key Beach in particular, taking into account that African American market segments would be a primary visitor market. • We prepared recommendations a Phase 1 report that was discussed with the Trustees to finalize assumptions that provide the basis for attendance, operating revenue and expense projections in Chapter 5 of this Final report. Key findings, conclusions, and recommendations are set out in bold italics throughout this report. Lorca Cultural Resources 3 2. CONTEXTUAL AND COMARABL ANALYSIS This chapter seeks to establish a realistic context for business planning recommendations and assumptions and the preparation of attendance, operating revenue, and expense projections for the planned Historic Virginia Key Beach Park Museum (HVKBPM). This includes an assessment of the experience of specialized and history museums in relation to the overall museums marketplace and the experience of African American museums in general. The chapter also includes published market, operational, and financial information regarding other selected museums in Miami. 2.1 The Overall Vuseurn Var Ketplace As a civil rights -focused museum, the HVKBPM would be categorized by the American Alliance of Museums (AAM) as a combination specialized and history museum. The table that follows is from the 2009 Financial Survey of the American Association of Museums, which is the last comprehensive survey available to allow for comparison of museum types and uses data largely from 2007. It was based on a sample of 671 museums, compared to 809 in 2006. More recent statistics from AAM's new Museum Benchmarking Online, which replaced the Financial Survey, are based on a very small number of participants and not valuable for the purposes of this study. We believe the key findings from the comprehensive 2009 survey are still largely applicable today. It must be noted that these figures should not be compared to the current figures for Virginia Key Beach Park, which does not include a museum. Lord Cultural Resources 4 2009 AAA!' Profile Sample Size Median Attendance %Charging Admission Fees Median Adult Admission Charge Median Operating Income Average Revenues from Private Donors Average Revenues from Investment Sources Art Museum - Children's or Youth Museum - 18 130 870 94.1% $7.50 $1,729,532 48.3% 27.8% 12.1 % Average Revenues fromMI Government Sources Median Value of Endowment 11.7% $414,875 Median Earned Income per Visitor MedianOperating Expenses $6.31 $2,522,615 Operating Cost per Visitor Staff salaries as a %of total expenses 1 Median Collections care as a of total -expenses I Median] Marketing Budget as a of total expenses Marketing Expenses Per1111 Visitor Median] $15.07 54.5% 4.1 % 8.4% $0.93 General Museum 71 58 500 63.2% $7.00 $1,930,895 24.8% 33.7% 8.8% 32.6% $2,539,870 $7.16 $1,798,754 $30.21 53.5% 9.9% 5.4% $1.61 Historic Home or Site 1 89 700 77.4% $6.00 $350,000 31.7% 34.6% 10.7% 23.0% $1,202,817 $9.44 $298,200 $28.33 56.0% 4.9 % 3.8% $1.14 History Museum or Historical Society 10 000' `i 492% $5,00 $260,000 " 24.0%: .0% 8,5% 36.4%' $526,500 4.39; $262,206 $26.73 Living Collections 17 208 574 64.3% $8.00 $3,072,452 30.0% 20.3% 14.3% 35.4% $14,253,806 $4.87 $3,630,530 $15.10 63.9% 26.7% 4.1 % $0.85 Natural History or Anthro- pology 32 58 176 633% $8.00 $3,256,810 31.1% 38.3% 6.4% Science or Tech 25 357 103 96.0% $10.00 $7,857,138 48.8% 28.9% 3.0% 24.2% $5,078,964 19.3% $1,829,599 $6.76 $3,237,600 $11.14 $6,827,362 $29.74 60.8% 17.3% 4.5% $1.22 $20.95 45.8% 1.2% 7.5% $1.32 .Specialized Museum 73 22 000 $7,00 $602,080 33.2% 37,7% 93% 9.9% $2,526,508'; 10.00 $778,859 Overall Overall 2006 2009 Survey Survey 26 500 7.00< $1,168,559, 11.5% 809 33 446 60.7% $6.00 $850,000 31.0% 35.2% $3225 4.4%_ $2,825,075 2 66'000, 9.6% 24.1 % $1,580,537 $5.91 $829,037 $23.35 50.9% 9.4% 4.4% $1.05 Source: 2009 Museum Financial lnjonnation,American Association ofMuseums,2009 From the table it may be seen that: • Total Attendance: The average U.S. museum reported about 26,500 visitors compared to about 33,400 in the 2006 survey. The decline reflects the opening of many new small museums even though total museum attendance increased. The median figure for history museums was only 10,000 because there are so many community museums and people often perceive one to be the same as the next. The median attendance for specialized museums was 22,000. Although there are high attendance exceptions, specialized museums, including many civil rights or African American -focused museums, tend to attract somewhat lower than average numbers of visitors because they often appeal to a specialized or "enthusiast" audiences. The data confirm the need for realism with respect to potential attendance at a new HVKBPM. • Admission Charges: Some 41% of all U.S. museums, 43% of specialized museums and 51% of history museums do not charge admission. However, Miami is a charged admission marketplace and free admission is not recommended or assumed for the HVKBPM. The specific recommendation for admission charges is set out in Chapter 4. Lord Cultural Resources 5 • Sources of Operating Income: The average U.S. museum generated about 28% of its operating income from earned sources, 37% from private sources, 12% from endowments, and 24% from government sources. History museums generated less than average earned income (24%) and specialized museums more than average earned income (33%). The HVKBPM will also likely need to generate income from private sources in addition to earned income and government grants. • Value of Endowment: Most museums have an endowment to support operating costs. The median value of the endowment principal for specialized museums was about $2.5 million and $500,000 for history museums. It would be ideal for the HVKBPM to open with an endowment to support operating costs but this has not been assumed given the need to raise capital funds from the project. • Staff Salaries as a Percentage of Total Operating Costs: Salaries and wages accounted for an average of 50% of the operating budgets of museums in general, and about 51% for history museums, and 40% for specialized museums. The challenge in the context of the HVKBPM is the need to limit increases in staff levels if the new museum is to be operationally sustainable balanced against the need for staff to meet the mission and visitor service requirements of the institution. • Marketing Costs per Visitor: The average history museum allocated about 2% of its operating budget to marketing compared to an overall museum average of about 4%, which is also the percentage for specialized museums. The average museum spent $1.29 per visitor on marketing compared to $0.50 for history museums, $0.93 for children's museums and $1.22 for natural history museums. Marketing expenditures will need to be in place at a reasonable level to help maximize attendance levels. 2,2 :volLtion of Blac < MLIseL ns in the Lfiited States There are over eight hundred museums in the U.S. dedicated to interpreting the experience of people of African descent. There have been three generations; initially, Black museums were started as educational spaces located in places like the Hampton University Curiosities Room in the late 1860s and New York librarian Arturo Schomburg's collection in the 1920s. In the mid- to late sixties, evolving into social service conduits in urban areas grappling with the education and empowerment of exploding black populations as a result of the Great Migration. This second generation of black museums were founded to sustain black history, culture, and art and reinforce the value of black communities and instill pride in black youth. Most of these museums, like the DuSable Museum in Chicago and the Charles H. Wright Museum in Detroit, focus on history first and art as a component of culture. A new generation of museums emerged in the last decade of the twentieth century, to capitalize and highlight the success of the black civil rights movement. For the first time, black museums occupied purpose-built facilities, often constructed on or adjacent to sites of pivotal importance, like the National Civil Rights Museum at the Lorraine Motel or the Birmingham Civil Rights Institute across from Kelly Ingram Park and 16th Street Baptist Church. The Historic Virginia Key Beach Park Museum will be a part of this movement when it is implemented. Many of these new facilities maintain active public program schedules to engage audiences and increase the frequency of visits —historically, people of color are more likely to be cultural programming participants than visitors to exhibitions. This is a positive aspect of an already programming focused Virginia Key Beach Park. Lord Cultural Resources 6 2.3 Assesslent of Africa I Arr ericcn.(vuseu ns and cultL ral °rc alizations Like the American Alliance of Museums, the Association of African American Museums has not updated the last comprehensive survey conducted in 2008. However, it is still more up to date than the analysis conducted for the 2006 Business Plan for the Virginia Key Beach Museum. The survey is based on a sample size of 159 and are aggregated without data for specific museums. Among key findings for the HVKBPM are the following points: • African American Museums tend to be small and underfunded: Half offer facilities of less than 5,000 sq. ft., have three or fewer full-time employees and annual operating budgets of under $200,000. The HVKBPM will be substantially larger and with a larger staff and operating budget. Some 40% of African American organizations do not have a gift shop/store. • There are more African American organizations in the South (54%) than the rest of the country combined. While the Miami area is not associated with the slavery in other parts of the South, the segregation story of Virginia Key Beach —as well as the stories of famous people like Rev. Dr. Martin King, Jr and Muhammad Ali— is one that will surprise many potential visitors. • Most African American organizations are history museums (58%) or historic sites (22%). The HVKBPM will be a combination of the two. • More likely to offer free admission: Some 53% offered free admission while 47% charged admission. Of those that charge, 32% offered free admission for seniors and 26% free admission for children. • Many are closed to the public on Sundays and/or Mondays: Only 34% were open on Sundays and 46% on Mondays. • Relatively low attendance levels: About half reported attendance levels of less than 10,000. About 10% reported at least 100,000 annual visitors. • Operating budgets tend to be small: Only 14% had operating budgets of $1 million or more. The HVKBPM is likely to be among these as the current pre -museum operating budget of the Park is $877,000 in fiscal year 2016-2017. • A mix of revenue sources is required to sustain African American organizations: Earned income (including membership) averages about 36%, which is higher than the figure for the overall museums marketplace, discussed above, with about 43% from private/endowment sources, and 21% from government sources. The data confirm the reality that the HVKBPM will require operating support from both private and government sources if it is to be sustainable. • Very few African American organizations have endowments that support operating costs: Only 17% have any endowment at all, and only 6% have an endowment of $500,000 or more. The recommendation for the HVKBPM is that private funds should be raised over and above the combined $20.5 million in General Obligation Bond (GOB) and Convention Development Tax (CDT) and allocated primarily to capital costs and also to start an endowment. Lord Cultural Resources 7 2,4 Selected Civi anc Human Rig its IJ1cseurr s nt e Sout 1 Although there are wider environmental, natural history and indigenous stories to be told, the Historic Virginia Key Beach Park Museum is to be a primarily civil and human rights museum and will be quite unique in that it is part of an 82-acre park. The most relevant comparables, although substantially larger than the HVKBPM, from a concept perspective, are other civil rights museums in the South. Data regarding the six selected museums are set out in Chapter 5 to help provide benchmarks for attendance projections. 2,5 Viari VLseurns/Attrac:ions Maretplace The following table offers published data from the 2016 0fficial Museum Directory regarding museums and attractions in Miami and Miami Beach that reported at least 30,000 annual visitors. The data indicate the following points of particular relevance to the HVKBPM: • Two attractions close to the Virginia Key Beach are Seaquarium and Jungle Island. They attract substantial numbers of visitors and also have relatively high admission charges. There may be crossover visitor opportunities with them. • Admission charges vary substantially. These include substantial charges for the two above -referenced attractions, the Perez Art Museum, Vizcaya and the Zoo. Other admission charges are relatively modest. The median adult charge for all is $10.57 and the median child charge is $6.00. • Family membership charges also vary widely. The average charge is close to $89 and the median is $75. • History museums report relatively modest attendance: History Miami reports 83,000 visitors and the Jewish Museum of South Florida about 47,000. • Half are open daily. For those that are closed one day per week, the norm is for Mondays to be the closed day but there are examples of museums closed on Tuesday or Wednesday. • Most do not offer any regular evening open hours. The exceptions are mainly the art museums/centers. • Staffing levels vary widely, Likely, the most instructive for the HVKBPM is the Jewish Museum at 11 full-time and 2 part time staff supported by a large number of volunteers. History Miami reports 28 full-time staff, 20 part time and 19 volunteers. Lord Cultural Resources 8 Museums/Attractions in Miami Reporting at least 30,000 Annual Visitors Gold Coast Rairoad Museum Adult Child Family - Regular Evening _ Full- Part - Admission Admission Membership Reported Hours (After 6 Time Time Volunteers / Type _Charge - Charge Charge Attendance Days Per Week pm) Staff Staff Interns History/ 5oecialized 6.00 4.50.00 ;120,000 Daily Thursdays to 7 Q3n,; History Miami History $10.00 $5.00 $75.00 83,000 Daily No 28 20 19 "Jungle Island "Zoo ; „ $ 34:95 :: $ 26:95 No 400;000 Daily:: No; ; -NJA N/A N/A MiamiChildren'sMuseum Children's $14.00 $14.00 $150.00 399,000 Daily No 35 100 280 Miami Sequarium: Art,Science, Planetarium .$42.99:s $3399 No 500,000 Daily No N/A ,N/A N/A Patricia and Philip Frost Art Museum Art $0.00 $0.00 $125.00 112,000 Closed Monday No 18 10 33 Perez Art Museum . `: Art --': =,$16.00_ $12.00 $95.00 .150;000, , ' Closed Wednesday to ,, 30 29 :45 Vizcaya Museum and Gardens Historic Home and Garden $18.00 $10.00 N/A 192,741 Closed Tuesday No 50 6 75 ZooMiami Zoo $19.95 . $15.95 is ; $129.00 , 2810,998 Daily No N/A ".;N/A N/A Art $0.00 $0.00 $75.00 96,000 Daily Mon-Thur 8 pm, Fri -Sat to 10 p.m. Sun. to 9 p.m. 8 6 22 Art Center of South Florida Bass Museum of Art i Art $8.00 $6.00 $75.00 40000; :Closed Monday and Tuesday iyo 10 18 55 Jewish Museum of South Florida History and Specialized $6.00 $2.50 $40.00 47,000 Closed Monday, Saturday free admission No 11 2 117 Wolfsonian f Art $7 00 ; $5 00 - .,$75.00 "35;000 Closed : Wednesday:,.. Friday to 9 p m 33 5. _ 11 $14.22 $10,57.' : $88.90 - : 229,672 22,4 20.0 67,9 Average . '"; Median `: , ;l $10.00 =:. $6.00 -.:._ $75.00. - -120,000 = 23.0 : 8;0: 39,0, Source: Official Museum Directory, 2016 Edition and web sites, Data are as reported and not always updated or accurate 2.6 [xistil anc Poteitia African American/ African ciasioric Sites in Via T1i Within the region, there are other museums and related sites that focus on black or African American history and culture. These are described below based on available data. It must be emphasized, however, that only three of these sites are actually museums. • Historic Hampton House: This 30,000 sq. ft. facility in historically black Brownsville operated as a hotel and jazz club used by prominent African Americans during the late 1950s and early 1960s before the end of segregation. It was restored for $6.4 million in funding from the General Obligation Bond and is to operate as a mixed use cultural center featuring a museum and exhibition space, music recording studio and ethnic dance rooms. Lord Cultural Resources 9 It is not yet operational. Data from the 2014 Form 990 published by Guidestar indicates an operating budget of only about $43,500, of which about $12,100 was allocated to staffing costs. Revenue was entirely from contributions, grants and gifts. • Black Police Precinct and Courthouse Museum: In September of 1944, the Miami Police Department began hiring black police officers. In May of 1950, a police precinct was established at 480 NW 11 Street to provide a segregated station house for 41 African American policemen and a courtroom for African American judges in which to adjudicate African American defendants. This building is unique as there is no other known structure in the nation that was designed, devoted to and operated as a separate station house and municipal court for Blacks. The precinct closed in 1963 and the police department was integrated at the main Miami Police Department station. The Museum includes displays of police memorabilia, artifacts, documents, video, and word-of-mouth stories by the men and women who worked there. It also provides a community center for its citizens, a tutorial center, and learning center for children in the City of Miami's most underprivileged neighborhoods. It created outreach programs for juveniles that live in these neighborhoods. The Museum partners with community organizations in the area and develop crime prevention programs, all of which enhance the quality of life for children and families, making our community a better place to live. The admission charge is $15, with lower rates for groups. The only published data are from the 2012 Form 990 which indicates operating expenses of only $210, apparently based on no paid staff or other common operating expenses. • Haitian Heritage Museum: Founded in 2004 in Miami's Little Haiti to commemorate Haiti's Bicentennial, the Haitian Heritage Museum (HHM) is a 501c3 organization that is committed to highlighting and preserving Haiti's rich culture and heritage globally. It is focused on Haitian art, historic artifacts, ethnic sounds of Haitian music, view Haitian films and enjoy a collection of Haitian literary works. It is open from Tuesday through Friday from 10 a.m. to 5 p.m. with other times by appointment. There is an adult admission charge of $10 and a student charge of $7. The Museum has mounted 30 exhibitions and welcomed 10,000 students over its 11-year year history and features a 200-seat theatre, The Official Museum Directory does not indicate attendance figures but indicates in 2015 was operated by three persons. The 2014 Form 990 indicates operating expenses of about $151,000 of which staffing costs were about $25,700, Contributions, gifts and grants accounted for about 91% of operating revenues. • Black Archives History and Research Foundation: The mission of the Black Archives is to collect and preserve the history and culture of black people in Miami -Dade County from 1896 to the present. There is also an extensive inventory of material available online through their website. The Black Archives is also leading the way in the final renovations of the historic Lyric Theatre, a Welcome Center Complex, as well as the development of the Overtown Folklife Village. The archives is not a museum and is open to researchers and the public by appointment. The 2014 Form 990 indicates an operating budget of about $775,000, of which about $354,000 was for staffing costs. The Black Archives receives about $316,200 (41%) in local government grants, $27,300 in historic site rental income and the remainder in contributions, other grants and gifts. The non -governmental support achieved by the Black Archives is a positive indicator for the HVKBP Museum. Lord Cultural Resources 10 • African Heritage Cultural Arts Center: The Center opened in 1975 and is located at 6161 NW 22nd Ave, The Mission of the African Heritage Cultural Arts is to provide quality training in dance, drama, instrumental music, vocal music, media, and visual arts; to develop in-house performing arts companies, to support and assist emerging artists through our resident artist program; to provide and host quality performances and exhibitions, to promote and foster the rich and diverse cultural arts perspective of the people of African Heritage. The African Heritage Cultural Arts Center is the "nucleus of arts learning, training and access for Miami -Dade County's African -American community" The complex includes a black box theater, a music building with a concert hall, piano lab and several practice rooms, a dance studio that is accessible to individuals with disabilities, an art gallery, several studio spaces, a print shop and classrooms. It is very different from a civil rights museum. The Center is managed by the Miami -Dade County Department of Cultural Affairs, with funding support from the office of the Miami -Dade County Mayor and Board of County Commissioners, No Form 990 data were available from Guidestar. • Miami Museum of Contemporary Art of the African Diaspora (in -development): The museum will be located at Miami -Dade Community College, North Campus and is planned as the preeminent national showplace for the innovative contemporary visual arts production of Global Africa. The museum will feature a major international artists' residency program, exhibition and artist exchange programs with the leading U.S., African, Caribbean, European and Scandinavian museums, galleries, residencies and festivals currently supporting innovative work in the U.S. and abroad. The new Museum plans to develop rooted educational and curatorial partnerships with local and national colleges and universities and the Greater Miami arts community. The data indicate that there are other existing and planned museums and related institutions or sites that explore black history and culture but with the exception of the Black Archives do not have full-time staff and more than modest operating budgets. All should be helped by the implementation of the HVKBPM through opportunities forjoint marketing, programming, and other types of collaboration. Lord Cultural Resources 11 3 MAR 4E ANALYSIS This chapter focuses on existing markets for the Park and potential resident, school and tourist markets for the Historic Virginia Key Beach Park Museum, with a particular focus on African American market segments. 3.1 rxisiinc Mar<ets for tie Virginia Key each Dare Data provided by the Park are from FY2009 through FY2015 and help to profile the size and growth of Park attendance. • Attendance Patterns: The attendance levels increase in the warmest weather months, on weekends and during festivals and events, some of which take place in the cooler weather months. The importance of festivals and events is seen in growth from about 10,600 vehicles in FY2009 to about 22,800 vehicles in FY2015 with the expansion of the programming and events offered to complement the more substantial beach -going on weekend days. The value of such programming is seen by the fact that the vehicle entry levels increased despite the increase in parking charges over time and reached 25,400 in FY2016. An important consideration for future vehicle access are the increasing popularity of Uber and Lyft. • Weekday Attendance: Despite five weekdays compared to two weekend days, the data indicate fewer weekday vehicle visits. The introduction of a Museum should help to increase weekday attendance levels. Peak weekday attendance is reported to be in FY2015 at some 16,200 vehicles, but there was a substantial decline to about 6,500 vehicles the following year because of the completion of a major construction project on Key Biscayne. • Ride Attendance: The patterns vary widely on a year -by -year basis. The peak year was FY2011 at about 8,200 persons who took rides. The low year was FY2014 at about 3,700 riders. This is because of increased maintenance and mechanical repairs which took the historic Mini Train amusement ride out of service. • Pavilion Rentals: The total number of rentals, currently at $250, per rental, have generally increased each year and totaled 175 in FY2015. Lord Cultural Resources 12 • Tent Rentals: These were most popular in the opening in FY2013 at 19, with a decline to 10 in FY2015 because of the reduction in the number of tents on the site and changing visitor rental patterns. • Weddings: Relatively few have taken place on site ranging from 3 to 8 per year within the past three years, but they are increasing. The Museum is likely to expose more people to wedding opportunities on site, a potentially substantial revenue source along with reunions. • Film Shoots: These have also taken place over the past three years and have grown each year from 7 to 15, and are expected to continue to increase. Staff estimate that women account for about 60-65% of beach/park users during the week, including nannies from Key Biscayne who bring children. The gender profile changes to 50- 55% male on weekends because of the barbequing that takes place. Other market segments reflect the profile of the regional market, with a very substantial percentage of Hispanics. Despite the importance of the Park to African Americans, they do not currently account for a disproportionate percentage of visitors to the Park. This was expressed in interviews to be in part because the site is not close to historically black neighborhoods, because relatively few African Americans under the age of 50 are familiar with the history of the Park, and because other beaches are more attractive. Implementation of the HVKBPM should help to change this. Moreover it was heard that in the past where one lived was based on race/ethnicity, today it is often based on income and there are far more African Americans who live closer to the site today. 3.2. -)otent a Mar KO's The HVKBPM is intended to be of wide public appeal but should be of particular interest to African Americans. This section considers the implications of the data and interviews regarding the potential overall and African American resident, school, and tourist markets for Miami, and for the Museum in particular. 321 R,[SID(-N.1 MARKETS The resident market is critical to the success of any museum -related institution for several compelling reasons: • Residents are available on a year-round basis; • They can be made aware of the museum and its programs most easily and economically; • They are most likely to become repeat visitors, members, and donors; • Residents will influence the decisions of visiting friends and relatives and often accompany them to visit. The key indicators of potential resident demand are the size and projected growth of the resident population base, particularly the African American (Black) population, the proportion Lord Cultural Resources 13 of residents who have achieved higher levels of education, and various age, income and other demographic and socioeconomic categories. For the purposes of this analysis, we have focused on the Miami -Fort Lauderdale -West Palm Beach MSA (Metropolitan Statistical Area) as the resident market. Also considered are data for residents within a 10 and 15-mile radius of the site compared to Miami -Dade County, state and national figures. While the analysis is of the overall resident market overall, particular attention is given to available data regarding African American residents, as would be the case with any culturally - specific museum. It must be noted, however, that the data are not fully comparable. The definition of the Miami -centered MSA for the 2011 American Community Survey cited by BlackDemographics in the data comparing the Black demographics to the overall population is for an area that includes Pompano Beach and not the West Palm Beach figures used for the other categories. Moreover the data for the other categories are from the 2010 census. These differences, however, do not change the findings and main conclusions in this report. 31.1 - OP ILATION SIZE AND P .OJECffONS AM) RACE./ETHNICITY As seen in the following table, the population of the Miami -Fort Lauderdale -West Palm Beach Metropolitan Statistical Area (MSA) is very substantial. The population was close to 5.6 million in 2010 and is projected to grow to close to 6.4 million by 2020 and close to 7.2 million by 2030. Projected population growth over the period from 2010-2030 is expected to exceed the national average but trail the state average. Noteworthy is that there are close to 1.1 million residents who live within a 10-mile radius of Virginia Key Beach and some 2 million residents within a 15-mile radius. The challenge for the HVKBPM from an attendance perspective is thus not the size of the potential market, which is substantial, but rather the ability to attract a mass market to it as both first-time and repeat visitors. Resident Population` 10 Mile Radius 15 Mile Radius City of Miami Miami -Dade County Broward County Miami -Fort Lauderdale -Wes Florida USA t Palm Beach MSA 1,007,694 1,849,678 362,470 2,253,362 1,623,018 5,025,900 16,047,510 282,162,410 1,070,381 2,032,059 399,457 2,496,435 1,748,066 5,578,080 18,838,610 309,330,220 N/A N/A N/A N/A N/A 6,362,530 21,658,120 340,554,350 N/A N/A N/A N/A N/A 7,174,030 24,774,620 373,751,030 % Change % Change Actual Projected 5.9% 9.0% 9.3% 9.7% 7.2% 9.9% 14.8% 8.8% N/A N/A N/A N/A N/A 22.2% 24.0% 17.2% :Sources: Policy Map, 2010 US Census, 2010 MSA Profile, Woods & Poole Economics 2014. The following table indicates the racial/ethnic origin of residents in a variety of jurisdictions and confirms the very substantial Hispanic population in the region but also a large African American/Black market. Lord Cultural Resources 14 White 76.7% Black 17.1% Asian 1.3% American Indian 0.1% Other 3.4% Hispanic 67.2% Foreign Born 54.3% 75.2% 19.2% 1.5% 0.1% 2.7% 65.2% 53.4% 72.6% 19.2% 1.0% 0.3% 4.2% 70.0% N/A 73.8% 18.9% 1.5% 0.2% 3.2% 65.0% N/A 63.1% 26.7% 3.3% 0.3% 3.7% 25.1% N/A 35.4% 20.2% 2.5% 0.2% N/A 41.7% N/A 75.0% 16.0% 2.5% 0.4% 3.6% 22.5% N/A 76.3% 13.7% 5.8% 2.1% 5.2% 16.0% 12.9% comics, 2014 10Mile Radius 15 Mile Radius Miami Miami -Dade County Broward County Miami -Fort Lauderdale -West Palm Beach MSA Florida United States ;Source: Policy Map, 2010 US Census, Woods and Poole Eco Focusing on the African American (Black) market within the MSA one sees a substantial population that is projected to continue to grow from the 1.1 million level in 2010 to over 1.3 million in 2020 and well over 1.5 million by 2030. African Americans as a percentage of the population are projected to grow from about 20% in 2010 to 22% by 2030. This is a large potential market and likely to have the greatest interest in attending the HVKBPM. However, it must be emphasized that some 20% of Blacks are foreign born from Haiti and other largely Caribbean countries and who would not have the same historical ties to Virginia Key Beach. This emphasizes the need for the Museum to seek to tell a wider Black story where practical. Miami -Fort Lauderdale -West Palm Beach MSA 2000 958,510 2010 1,126,700 =2015 .- 1,225,250 2020 1,329,540 2030 1,549,170 Black Population Total Population 5,025,900 5,578,080 5,970,180 6,362,530 7,174,030 Blacks as % of Total Population 19.1% 20.2% 20.5% 20.9% 21.6% Source: Woods and Poole Economics, 2014 Gender and Ace Regarding gender, women account for slightly over half the resident population (51.5% and 52,7% of Blacks) but generally account for a disproportionately high percentage of non -school visitors to most museum types, including African American -focused museums. Women are a more important market than are men for the following main reasons: • Women tend to make the decisions regarding the educational experiences of children; • They are more likely to select the attractions to visit on family vacations; • They represent the large majority of school teachers making the decisions on field trips; and • Women represent the majority of bus tour passengers and trip planners. Another issue identified in the interview process of particular importance to the HVKBPM is the relatively high percentage of single female households with children in the African American community. The data indicate that 30.5% of African American households in the Miami MSA are female -led with no husband present compared to 15,4% for the overall population. Transportation access was cited as an important consideration for this market segment. With respect to age, there is a general trend to an aging population, particularly in the large baby boom generation. The figures for the Miami area, whether the city, county or MSA are all Lord Cultural Resources 15 substantially older than the national average. This reflects a long-standing pattern of retirements to Florida from elsewhere in the country. Key Age Distribution, 2010 0-19 years 20 - 24 years 25-44years 45-64 65 + Median Age Miami o� 20.7% 7.2% 31.4% 24.8% 16.0% 38.8 Miami -Dade froward County County 24.7% 7.1% 28.5% 25.5% 14.0% 38.2 24.8% 6.0% 27.2% 27.6% 14.3% 39.7 24.2% 6.4% 20.7% 26.5% 13.5% 39.9 23.9% 6.5% 25.2% 27.0% 17.4% 40.7 26.9% 7.0% 27.1% 26.0% 13.0% 37.2 Source: 2010American Community Survey and Woods and Poole Economics, 2014. The age profile of Blacks in the Miami MSA at under 32 is substantially younger than for the overall population at around 40 overall. Some 28.2% of Blacks were under age 18 compared to 21.4% for the overall population. A key issue for the HVKBPM is the extent to which it may appeal to children, especially African American children. Specific recommendations to appeal to children are set out in Chapter 4. With the general aging of the population, the seniors' population is and will continue to grow in importance over the next two decades. However, in the African American community seniors (aged 62 and over) account for only 11% of the population compared to an overall figure of about 19%. Key issues for seniors include mobility and access to the Virginia Key Beach site. Seniors are more likely to be aware of Virginia Key Beach Park, including some with personal experiences, and thus constitute a larger potential market. However, the market with a personal connection will decline over time. Educational Attainment The most important indicator of museum and other cultural attendance is level of education, as the greater the level of education the more likely a person is to attend. Income is less important, as persons in high education/low income categories are more likely to be "culture seekers" than those with high income/low education. The data in the table below indicate that resident market levels of education are somewhat higher than national averages. Whereas 27,5% of Americans had at least four years of college education, it was 29,6% for the Miami MSA but much less for the City of Miami itself at 22,1%. Lord Cultural Resources 16 Educational Attainment, 2010 (residents age 25+) Miami -Dade County Source: 2010 American Community Survey, Woods and Poole Econo % of Residents % of Residents with with BA or lessthan High School Higher Education 22.1% 32.6% 26.2% 23.0% 29.6% 12.9% 28.3% 17.7% 25.6% 15.1% 27.5% 15.4% ?ics, 2014 Among Blacks in the Miami MSA some 16.6% had at least an undergraduate degree compared to 28.7% for the overall population. The educational attainment data indicate that in general terms Blacks will be less likely to attend museums and therefore the need for strategies to maximize attendance among them. However, the HVKBPM will be telling a largely African American story and is seeking to be as contemporary, interactive and programming -focused as possible. Income Per capita income levels for Miami MSA visitors are higher than the state and national averages as well as for the City and County. Household income figures for the Miami MSA indicate a median of $35,716 for Blacks compared to $45,407 for the overall population. The per capita income figures are $15,626 for Blacks compared to $25,640 overall, Black families living in poverty represented 24.4% of all Black families in 2011 compared to 13.9% of the overall population in 2011. The data and common perceptions that "the poor pay more" indicate the need to take this factor into account when identifying appropriate admission charges for the Museum and to seek sponsorships to provide access to those who cannot afford the price of admission. Income Levels, 2010 Miami Miami -Dade County Broward County Miami -Fort Lauderdale -West Palm Beach MSA Florida' United States Per Gapita % Living in Poverty income $19,745 11.9% $18,497 N/A $28,631 N/A $41,838 N/A $38,345 N/A $27,319 15.9% aid Poole Economics, 2014 ISource: US Census 2010, 2010 American Community Survey, Woods Lord Cultural Resources 17 3,2.2 SCHOOL MAR SETS Serving an educational mandate is a core component of the mission of all museums, including the future Historic Virginia Key Beach Park Museum. Offering programming of particular interest to the school market is critical for the following main general reasons: • Education is part of the mandate of all museums and related cultural organizations. • School groups represent a substantial source of visitors. • For children in lower income households, attending on a field trip may be the only opportunity to visit a museum or cultural center. • Children visiting in school groups will sometimes encourage parents to take them again. The key issues for the HVKBPM relate to the size of the student population, to curriculum links, the nature of the visitor experience to be offered by the Museum, and field trip policies and funding. Enrollment Statistics The table that follows indicates total school enrollment at schools in the City and Miami -Dade County, compared to the neighboring Broward County, state and national averages. The table reveals a substantial student population at all levels including college/university students. School Enrollment Levels Population 3+years enrolled Nursery school (less than 5 years) Kindergarten (5, 6years) Elementary (7-14 years) Highschool (14/15-18yrs) College or graduate school (18/19yrs+) Source: 2010American Community Survey Miami 81,588 6.4% 5.0% 37.6% 22.4% 28.7% Miami -Dade County 630,404 6.6% 4.7% 37.6% 21.3% 29.9% Broward County. 446,579 6.9% -4.6% 39.5% 22.3% 26.7% Florida 4,455,695 6.4% 4.9% 40.1% 21.3% 27.4% USA 82,291,141 6.1% 5.1% 39.6% 20.5% 28.8% 2eiationshio to Curricula School field trips to museums are selected primarily on the basis of their relationship to curricula and the extent to which they help to address state and local standards and help with test scores. An interview with the Executive Director of Social Science for the Dade County Public Schools indicated the best curriculum links for the HVKBPM in grade 4 associated with state and local history. There is also a strong curriculum link in grade 11 at the high school level in which there is a unit of study on civil rights. However, there are fewer school field trips that take place in high school. There are no known changes to the history and social studies curriculum planned at this time. The objective should be to get the Virginia Key Beach story infused into the curriculum at on as many levels as possible. Lord Cultural Resources 18 Field Trb Decision -Making School field trips take place primarily at the lower grade levels, in large part because at those levels there is only one classroom teacher. Peak field trip attendance is generally in grades 4-6 and it is critical that educational programs have direct links to curriculum of these grade levels. There are no mandated field trips in Dade County public schools. The decision regarding field trip selection is made by the classroom teacher and requires approval by the Principal. Although the focus of the Virginia Key Beach Park Museum will be on civil and human rights, the environmental aspects of the Virginia Key Beach site increase the likelihood the Museum will be selected as a field trip destination. This reflects the fact there are more curriculum links at a variety of grade levels associated with science and environmental studies and that science -related field trips tend to be preferred. The history and environmental link may be enhathced by telling the story of Lancelot Jones, a black environmentalist of Bahamian descent who turned a substantial amount of land over to the government to preserve it for public protection. Student Enjoyment It is clear that there has been an increasing emphasis on selecting field trip destinations that are learning -based and age -appropriate in relation to the content and activities, thus offering students higher levels of learning enjoyment. This is rooted in the knowledge that children and youth are more likely to learn if their experience is interesting and enjoyable. Field trips, particularly at lower grade levels, are thus also often selected according to the extent to which they provide hands-on or interactive participation, Interviews emphasize the importance of interactive, dynamic and hands-on experiences where stories and traditions can come alive for students. They also noted the importance of providing pre- and post -visit materials for teachers. Also important will be access to those who can convey their first person experiences of historic Virginia Key Beach. Proximity and Cost Virginia Key Beach is not accessible by public transportation, and although improved public transportation has long been discussed it has not yet been implemented and there is uncertainty when it will take place. This means that school groups attending the Museum would likely require the use of the school buses often used to transport students to and from school each day or a fleet of private buses endorsed by the school district. In both cases there is often a limited window of opportunity of when buses are available (generally 9:30 a.m. to 2:00 p.m.) so that distance is a primary criterion in field -trip selection. The cost of transportation and admission are both important factors in field trip selection. Some museums, including History Miami, periodically obtain grant support or sponsorships to offer free admission and free school busing to Title 1 schools. This would be important for the HVKBPM to seek as well. Lord Cultural Resources 19 3,2,3 TOJRIST MAR <ETS The Greater Miami and the Beaches 2015 Visitor Industry Overview helps to profile tourist markets for the region and potential implications for the Historic Virginia Key Beach Park Museum (HVKBPM). Data are available for all visitors and compared to data for African American visitors: • Volume and Origin of Visitors: Some 15,5 million visits to Greater Miami and the Beaches took place in 2015, a substantial increase from about 14.6 million the previous year. Of these about 52% are domestic, 33% from Latin America and the Caribbean,10% from Europe, 5% from Canada, and 1% other. The top cities for domestic tourism to Miami (New York, Chicago, Philadelphia, Boston, Atlanta and Washington DC are all cities with large African American populations. On the other hand a key issue is what would cause tourists to attend the HVKBPM from among the wide variety of things to do in Miami. Inclement weather was viewed in the interview process as a good motivator to attend an indoor -focused museum. • Purpose of Overnight Visits: The large majority (82%) are in the area for leisure/vacation/visiting friends and relatives, 8% for business/convention, 7% cruise and 3% for personal or other reasons. Those in the area for leisure purposes are the most likely to attend museums. The figures for African American visitors are almost identical at 82% for leisure, 6% for business, 7% cruise and 5% other. • Accommodations Used: Some 59% stay at a hotel/motel, 5% an owned or rented facility and 37% stay with friends or relatives. For African Americans it was 65% hotel/motel, 35% friends and relatives and 1% at rented or owned facility. Those who stay with friends or relatives are often advised and accompanied by the friends or relatives they are staying with. Therefore the more successful the HVKBPM is in attracting residents the more likely it will attract this large segment of the tourist market. • Areas of Lodging: Some 48% of all visitors stay in Miami Beach compared to 41% for African Americans who stay there. African Americans are far more likely to stay in North Dade (28%) compared to 11% overall. • Historic Site and Museum Attendance: Ranking the highest are Seaquarium (12.3%), Museums (3,5%) and Vizcaya (1.9%). Proximity to Seaquarium is therefore an advantage for the HVKBP Museum. • Average Party Size: This has increased from 1,88 in 2011 to 2.24 in 2015, and indicating an increase in the number of children. • Age of Visitors: The average age is about 41, slightly older than the age of the local population. African American visitors are somewhat younger, with a median of about 38. • Mode of Transportation: Some 96% of visitors arrive by air. For African Americans it is 74% by air. • Repeat Visitation: Some 73% of tourists to Miami are repeat visitors. A high level of repeat visitation is positive as people tend to look for new experiences on subsequent visits. • Satisfaction Rating: African Americans are more likely to be "extremely satisfied" with their visit to Greater Miami (44%) compared to 37% for the overall visitor market. • Features Most Liked: The beaches rated highest (59%) for the overall market, and was second highest for African Americans, although still at 59%. The top feature for African Lord Cultural Resources 20 Americans was the weather at 67% compared to 58% overall. African Americans ranked the attractions lower (19%) than the 24% for all visitors. • Features Least Liked: The main differences was greater African American concern about prices (18%) compared to 8% overall. The data indicate the need for caution in admission pricing if African American attendance is to be maximized. • Likelihood of Returning to Miami: Some 53% of African Americans expressed they would "definitely" return to Miami compared to 46% overall, Important to emphasize as well is the growth of civil rights tourism in the Deep South. In addition to the National Civil Rights Museum located at the Lorraine Motel in Memphis is the National Center for Civil and Human Rights in Atlanta other existing civil rights museums the Mississippi Civil Rights Museum is to open in Jackson in December 2017, while the International African American Museum is to open in Charleston South Carolina in 2019. Opening the HVKBPM would have the advantage of a much stronger existing tourism base than is available to any of the other civil rights museums in the South. Lord Cultural Resources 21 UPDAT D ASS,VTIONS In order for projections of attendance, operating revenues and expenses to be credible, they must be based on clearly stated and agreed assumptions grounded in a common understanding of what "it" is that is being projected for the Historic Virginia Key Beach Park Museum (HVKBPM). The attendance and financial projections in the following chapter focus only on the Museum and exclude a separate Beach Pavilion (rental facility), which is to be implemented in association with a private developer. The projections also exclude additional recreational amenities that may be implemented on site. The following additional assumptions reflect the judgment and experience of the consultants and client direction. L 1 Vistor FIDerience For the purposes of this business plan it is assumed that the visitor experience in the HVKBP Museum will be largely as described in the 2006 Report. Among the key assumptions regarding the visitor experience of the VKBP Museum are the following points: • The HVKBP Museum will be a visitor -centered institution that seeks to offer both educational and entertaining experiences. • The Museum will seek to attract visitors from all age ranges through the development of exhibits, activities and performances that are intergenerational in nature. An experience that will appeal to children and their families will be an important component. It is assumed that this will be an underlying objective throughout the institution. A new recommendation is for a separate children's gallery to emphasize the importance of interactivity. • Civil and human rights and environmental stories will be told through highly interactive and multimedia exhibitions with the use of archival photographs, oral histories, labels, touch screen computers, etc. in the exhibit areas and some use of higher technologies such as audio-animatronics or holograms, or other to be considered as part of the detailed exhibition design process. • Programs will include the screening of films along with lectures and periodic live performances in a 60-seat theater. • Temporary exhibitions, programs and events will be implemented to make attending the Museum more than a one-time experience. This will include periodic temporary Lord Cultural Resources 22 exhibitions from other museums that will give the HVKBP Museum a strong national profile as an exhibiting center. The Museum will also generate temporary exhibits from its own resources. • Permanent exhibits will seek to tell the civil and human rights stories of Virginia Key Beach Park through two key principles: • A Place of Freedom: This is a place where people made a life and a community out of the natural environment in the midst of their struggle for equality and freedom. Although this place had its origins as a Native American site and gained notoriety as a segregated beach for people of color, it is now a place that is open to all who respect its history and its portent for the future. • A Meeting Place: It will also serve as a type of community center and meeting place of people with common or conflicting historical, social and cultural perspectives. This will also include a variety of public programs together with the opportunity for the community to rent facilities for their own use. Examples include wedding receptions, reunions, community art exhibitions, after -school programs, lecture series, and the hosting of community festivals. • Stories associated with the environmental importance of the site will be told largely by means of film and related presentations in the 60-seat theater along with some exhibits and will respect Native American origins. Much of the visitor experience, however, will be focused on the civil and human rights stories associated with Virginia Key Beach. • The exhibition space will include a children's gallery. This reflects that many adults are motivated to attend museums when they believe they will be of interest to their children. Moreover, Virginia Key Beach Park is already attractive to children with its beach, carousel, train and other program opportunities. A hands-on children's gallery will help to motivate repeat visits and therefore the value of membership. It will also increase the likelihood of school group visits at lower grade levels and should be easily sponsorable. 2 Go lectioiis The space plan below assumes relatively few artifacts and that the Museum will be a largely non -collecting institution. This has the benefit of leading to lower capital costs for the building and lower staff and other operating costs. Collections would be used for display and teaching purposes and not for preservation purposes. 3 Pre -Design Space a 1C aci I es Ian The following is an update of the facility plan, which remains preliminary and subject to modification in detailed architectural design, including a determination of the number of floors, but is assumed to be reasonable for the purposes of the attendance, operating revenue and expense projections in Chapter 5. The spaces are allocated into the four zones set out below with a summary table at the end of the section in which the Museum is reduced to about 24,400 net sq. ft. or about 34,150 gross square feet. Lord Cultural Resources 23 HISTORIC REVISED ZONE ZONE A + 1 VIRGINIA KEY BEACH PRE DESIGN SPACE •<.•••••....... Space Name, Public Non -Collection Space Vestibule PARK PROGRAM Revised Program NSF 90 MUSEUM r StSne,l Ceiling Height (clear) 8 Technical Comments Doors must be atleast 10 ft setpapartson first set can before EtCa ",' Public Non -Collections Zone B Public Collections Zone C Non -Public Collections I��',': Critical Adjacencies Museum main entrance Non -Public Non -Collections Functional Comments Allows for 1 public entrance @ 90 sf Stroller/wheelchair storage 25 8 Main Lobby/Orientation Closed storage for courtesy items Open floor space Ail, Eje Public Washrooms, Men's & Women's 720 8 Main Lobby and public areas on each floor, Restaurant On each floor with public access, each with one handicapped stall Standard washroom equipment, capacity to Code Al First Aid/Sickroom 45 8 Main Lobby Rest and first -aid space for visitors also used by ER teams in emergency Counter w/ sink, supply cabinets, cot I ES Lobby/School Orientation 1,320 12 Freedom Theater; Activity Room; Reception/Rentals space; through access to the Galleries; access to Washrooms, First Aid, Backpack Storage Combined assembly and ticketing space of 1350 sf Electronic display boards or video monitors or computerized information stations TBD r a Board/Conference Room 450 12 Executive Offices, Reception Space available for staff and Board meetings and rentals, with flexible conference room setup and excellent presentation facilities Network connectivity, presentation facilities, blackout capability. s : Miultipurpose/Rental Space 900 12 Catering Setup, Washrooms Multipurpose space for indoor events, supplementing lobby space and interconnecting to outdoor space for larger events . 900 nsf @ 10 nsf/person reception format = 90 person capacity 900 nsf @ 15 nsf/person lecture format = 60 person capacity 900 nsf @ 20 nsf/person dining format = 45 person capacity Activity Room 900 12 Main Lobby/Orientation; Resource Center Can be subdivided into 2 areas able to accommodate 1 class each @ 450 sf each Sturdy washable surfaces, pinnable surfaces, low sinks, built-in storage. •. Backpack Storage 45 8 Main Lobby/ Orientation for easy access on arrival, lunchtime and departure Lockable bin storage to accommodate up to 60 school children's backpacks etc in marked, lockable bins or rolling carts. Rolling bins or other storage system for children's coats, backpacks, lunches CF Cafe 900 12 Main Lobby. Visible on entry and exiting Easy access to kitchen essentia. Accessible to Museum visitors and non - visitors on site Accessible both to Museum Retail Store Total Zone A 675 6,070 12 Main Lobby. Visible on entry and exiting Accessible from Main Lobby and to non- visitors on site Fixed sales points and display fixtures TBD. See Zone D for D3.15 Retail Stockro.m. , • ZONE B B1.1 Public Collection Space Freedom Theater 900 20 Main Lobby, Galleries. New state-of-the-art Multimedia lecture/film facility with small-scale performance capability, with up to 60 seats. A programmed multimedia presentation of 10 minute length would be shown as a daily feature, with the Theater being used for films, lectures and events late aftemoon/evenings. Fixed raked seating, fixed stage, projection booth, large format screen, surround sound, specialized presentation technology TBD. Network connectivity. B1.2 '' Permanent Exhibitions 5,500 20 Main Lobby Exhibit components include social cultural, hands-on children's gallery, Cove Storyzone, Discovery Box leaming area, information mini-theater/video Flexible black box gallery space with 18- 20 ft clear ceiling height. Network connectivity. B1.3 Hands-on Lab 300 12 Connected to Permanent Exhibitions Small natural history lab space for supervised hand -son exploration Network connectivity, lab benches and stools, demo area, microscope & magnifiers, storage for materials and specimens. 131.4 Temporary Exhibition Gallery 2,500 16 Main Lobby, Permanent Exhibitions Flexible changing exhibition gallery space that can potentially double as a community gallery/event space. Flexible black box gallery space with 14- 16 ft clear ceiling height. Environmental controls to ASHRAE Class AA standards for loan exhibitions. Network connectivity. B1.5 Resource Center 900 12 Activity Room, Galleries Information resource area with varied information sources including books, periodicals, on-line access, video viewing, teacher resource area with shelving for CD's, videos, hands-on kits, curriculum materials. Reference/help counter, printer/scanner facilities, reading area, reference and resources stacks, up to 6 on-line computer stations. Network connectivity. B1.6 Meeting Room and Oral History Lab Total Zone B ..:...... 270 .._10 370 8 Resource Center Meeting/interview room used for small staff and community meetings as well as for recording oral histories with individuals or small groups (ie families, Church groups, etc.) Soft lounge seat grouping plus meeting table and chairs for up to 8. Built-in wall cabinets to hold recording equipment, video monitor, white board, etc. Network connectivity. Lord Cultural Resources 25 ZONE r✓ CIA Non -Public Collection Space Collection Storage, Objects 315 12 Part of one storage area of 855 sq ft General object storage. May be compacted in future. Climate control. Network connectivity. Open shelving or cabinets for small items. C1.2='' Collection Storage, Paintings 180 12 Part of one storage area of 855 sq ft Framed oils, acrylics, watercolours, etc. Climate control. Network connectivity. Pull-out painting racks, preferably double - loaded on each side of central access area. C1 3 Collection Storage, Textiles 180 12 Part of one storage area of 855 sq ft Costume and textile collection TBD - clean storage can be used also for archival collections Climate control. Networkconnectivity.Rolls for larger items, drawers for smaller, folded items; padded hangers for costume C1.4 --' Archival Storage, Paper, Photographs/Film 180 12 Part of one storage area of 855 sq ft Clean storage with limited refrigerator storage for film Climate control. Network connectivity. Open shelving, print cabinets. Refrigerator storage as needed for film, photo materials. C1.5 i Collection Storage, Natural History 180 12 Separate room adjacent to Collections Workroom Clean storage with limited refrigerator storage for specimens Climate control. Network connectivity. Open shelving or specimen cabinets. C1.6 ._ • .' Education Collection Storage 135 8 Education Prep Clean storage with limited refrigerator storage for specimens Climate control. Network connectivity. Open shelving or specimen cabinets. C1.7 Registration/ Photo Files 135 8 Collection Storage, Collections Workroom Registration Record area for hard copy and computerized collections record files and file access. Network connectivity. C1.8 ! Collections Workroom/ Photo Studio / Research 450 12 Collection Storage, Collection Supplies, Clean Installation Shop Space for collections processing, including accessioning, condition reporting, cataloguing, photography, digitization, numbering, etc. Climate control. Network connectivity. C1.9 Collections Supplies 45 8 Collections Workroom, Collection Storage, Transit Storage/Packing Clean collections supplies storage. C1.10 : Clean Installation Shop 270 12 Collections Workroom, Collection Storage, Transit Storage/Packing Exhibit layout and staging with artifacts present Climate control. Network connectivity. Sinks. C1.11 + Collections Shipping/Receiving/Packing 400 12 Collections Loading Dock, Transit Storage/Packing, Moving Equipment, Security Booth Receiving area forming buffer to outside air, supervised by Security, may also be used to pack and acclimatize shipments Climate control, overhead doors. C1.12 Transit Storage 360 12 Collections Shipping/Receiving, Moving Equipment, Crate Storage Storage for incoming/ outgoing exhibits (I tractor -trailer load) Climate control. C1.13 Isolation/Fumigation 45 12 Collections Shipping/Receiving, Transit Storage/ Packing Small area for segregated storage and inert gas treatment Climate control. C1.14 Crate Storage 300 3,175 12 Collections Shipping/Receiving, Transit Storage/ Packing Separate areas for VKBM and Lender's crates Climate control. Lord Cultural Resources 26 ZONE. Non -Public Non -Collection D Space 2RKE SS' A EF4S'i Board/Exec. Director Pantry/ Storage Staff First Aid Emergency Staff Washrooms/ Changing/Lockers (Male & Female) Executive Offices, Boardroom Workshops Industrial first aid room to Code Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity. Network connectivity, printers, scanners, copiers, postage meter, work counters with paper storage below. Plumbing, stove and fridge, microwave, etc. Plumbing, eyewash station 135 Workshops, Shipping/Receiving Includes toilets, showers, lockers, Plumbing, access to Code, full-size Volunteer Room/Day Lockers 50 area Offices changing area; 60 M, 75 F lockers Rest/prep area for site and museum Coat closet, token-retum lockers, mirror, volunteers etc. Staff/Volunteer Lounge 180 Offices Lunchroom for staff and volunteers Comfortable lounge seating and table Staff Kitchenette 45 Staff Lounge Coffee/tea preparation, warming facilities, refrigeration Plumbing, stove and fridge, microwave, etc. Staff/Volunteer Washrooms (Male & Female) 135 8 On each floor level with offices or Includes toilets, handwash, vanity; 75 F, Plumbing, access to Code workspace 60 M Lord Cultural Resources 27 General Storage 180 Maintenance areas Storage for maintenance supplies and equipment Open floor area Resource Center Book & Periodicals Storage 45 8 Resource Center, Registration and Collections Workroom Resource Center support space Standard library racking Resource Center Workroom 125 8 Resource Center , Registration and Collections Workroom Resource Center support space worktables, built-in counter, computer workstation Website/Digitizing Lab 125 8 Resource Center , Registration and Collections Workroom Resource Center support space Digitizing workstation, multimedia suite TBD AV Storage 90 8 Projection Booth Storage for AV carts, portable equipment for events, etc. Open floor area, limited racking Dressing Room 135 8 Freedom Theater Performers and speakers dressing room, 70 F, 65 M Clothes racks, makeup bench, wall mirror, folding wall Projection/Audio Booth 70 8 Freedom Theater Multimedia and 35 mm projection support for the Freedom Theater Network connectivity. Projection requirements TBD Special Event Fumiture Storage 150 8 Accessible to Lobby, Rental space Storage for chairs, tables, podium, risers etc. Open floor area Education Prep Room 135 8 Activity Classroom , access to galleries Prep area for education program materials with built-in storage Network connectivity. Utility sink. Worktables, built-in storage. Cafe Kitchen And Catering Set up Area 500 8 Reception/Rental space Set up and plating area for catered events. TBD Restaurant consultant. Retail Stockroom 180 8 Museum Shop Receiving, inventory, pricing, storage & distribution for retail stock Network connectivity. Lighting/Electrical Workroom 45 10 Through access to Galleries Storage and testing for lighting components Electrical testing board Moving Equipment 50 12 Loading Dock Parking for fork lift, dollies, hand trucks Open floor area Exhibit Case/Prop Storage 180 12 Through access to Galleries Open floor area Security Control Room, & Toilet 90 8 Secure, away from entrances; adjacent Security Office Main Control Room for security systems Network connectivity. Secure phone line; toilet within security perimeter. Shipping/Receiving 125 12 Security Receiving and temporary storage for deliveries, garbage removal route Overhead doors to Loading Dock Facilities Maintenance Control Room 45 8 Security Control Room BMS computer system and Telecom control room Network connectivity. Operations Maintenance/ Electrical Workshop 125 8 General Storage Set up and maintenance workbench and open area Workbench with power outlets, utility lighting Janitorial - Central Storage 100 8 General Storage Storage for floor washers, polishers, bulk housekeeping supplies Slop sinks, floor drains, utility racking. Janitor's Closets 50 8 Washrooms 2 x 25 sf. Janitorial carts and supplies for quick cleanup Slop sinks, floor drains in each. Lord Cultural Resources 28 Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report The following table summarizes the revised space list by zone and totals 24,400 netsq. ft. or about 34,150 gross square feet. The gross figure adds circulation, mechanical and electrical spaces as well as wall thicknesses. TOTAL SPACESUM'MARY Zone Zone C Total Gross Net Square Feet Grossing Factor as a % Total Gross Square Feet Revised Program 6,070 10,370 3,175 4,780 9,758 0.40 34153 It is assumed that the space plan for the new facility above will be implemented all at once with no phasing. Site In addition to the visitor experience and facilities offered, attendance projections in Chapter 5 consider the strengths and weaknesses of Virginia Key Beach Park as the site for a museum. The main points are as follows: Strengths: • Virginia Key offers the "real thing" as a site to present and interpret the civil rights history of South Florida. • Proximity to a beach on an island exposes people to the Museum who might not otherwise be aware of it. However, combining a beach and a museum experience is not easy given the practicalities of dress and measures needed to overcome it including the potential for transitional spaces. • Proximity to other attractions like Seaquarium and Jungle Island. • Parking charges are relatively low compared to other beach sites in the region. The only one that currently offers free parking is Dog Beach, and that may change in the future. The parking charge at Historic Virginia Key Beach Park is $8.00 per vehicle on weekends and $5,00 during the week, with increases expected in 2017. During events parking charges increase to the $10.00 to $20.00 range. However, some people will resent paying for both admission and parking. Consideration will also need to be given regarding the implications of the increasing popularity of Uber and Lyft. • The assumed implementation of the Beach Pavilion and additional recreational opportunities will help to widen the market for the Museum. Lord Cultural Resources ® 29 Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report Weaknesses: • Access to the site requires paying a toll to on the Rickenbacker Bridge. • Beaches tend to be used primarily on weekends and mainly from April through October for residents, so that crossover opportunities are likely to be limited during the week. The beach itself is not very good for swimming given the strength of the current, is not very wide and has a lot of seagrass. Moreover, turtle nesting season from May through November limits evening events because of prohibitions against lights at night. On the other hand there are few mosquitos during the cooler weather months. • The Virginia Key Beach historical story is not well-known among younger people. Museum staff will need to dedicate significant resources to bringing attention to it. L, 5 Governance and Staffing • It is assumed that the HVKBP Museum will be an independent agency of the City of Miami but will apply for grants from all potential funding sources. It will also seek to raise private funds on an annual basis to support operations. • A Board of from 10-15 persons from Miami and elsewhere in Miami -Dade County will govern the Museum. The Board will hold fiduciary responsibility for the Museum and its assets and will establish appropriate By -Laws outlining its role and responsibilities, including the recruitment of Board members. • To reflect a reduction in space and an objective to control the operating budget the staffing levels have been reduced from what was previously assumed for the Museum and to take into account existing staff who serve the Park. The updated staffing plan is as follows and builds upon the existing Virginia Key Beach Park staff listed here: o Executive Director o Finance Coordinator o Special Events and Media Liaison o Special Projects Coordinator o Education and Outreach Coordinator o Receptionist/Administrative Assistant o Park Supervisor O 3 Cashiers O 4 Park Attendants Additional staff positions assumed in association with the Museum are as follows: o Director of Collections and Interpretation o Marketing and Media Director o Development Director o Assistant to the Executive Director o Information Technology/ Media/ Projection Specialist Lord Cultural Resources 0 30 1 Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report. o Exhibition Manager O 2 Education Program Coordinators O 2 Public Program Coordinators o Bookings and Membership Clerk o Visitor Services and Volunteer Coordinator O 2 Special Events/Rentals Staff o Retail/Business Manager o Admissions/Retail and Evening/Weekend Allocation .6 0 ieratio isa 1[� MaKetinc While the best form of marketing for any museum is the nature and quality of the visitor experience and the attributes of the site, other factors that affect attendance include features ranging from admission charges to parking to operating hours. These and other related issues are addressed below through the following recommendations/ assumptions. / .61 I‘1,,SEUM ADMISSION C A AGES • Miami is a charged admission marketplace and given the quality of the visitor experience assumed and the need for earned income it is recommended and assumed that the HVKBPM will charge admission. • The admission price is assumed to be all-inclusive with no surcharges for temporary exhibitions or for the Freedom Theatre. • Unless the policy is changed, access to the Park is per vehicle, whereas access to the Museum is per person. • A parking validation system be introduced to provide free parking to those who have paid for museum admission. • Based on prevailing ticket prices in the area and among similar African American museums across the country, the visitor experience and the location of the Museum, and feedback from the interview process both in 2006 and now, the recommended admission charges are as follows to be applicable to the opening three years of operation. The recommended charges feature reduced rates from the adult rate for seniors, youth and children as well as non -school groups, with (ideally sponsored) free admission for school groups and the disadvantaged. In addition, it also assumed that those attending paid events in the Beach Pavilion would have discounted or free access to the Museum. Lord Cultural Resources • 31 L Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report. Recommended Admission -Charges Adult (25-61) Charges $10.00 Senior (62+)/Veterans/Youth (13-24) $8.00 Child (3-12) $5,00 School Group (per person) - the programming charge is extra $0.00 Non -School Group (per person) $7.00 Indirect Paid (members, rentals and programs visitors)/Other Unpaid (infants, disabled, VIPs, researchers) $0.00 6,2 (.),I. � VENI UNIT • Although parking charges will increase over time, no changes are assumed for parking charges as a consequence of the introduction of the Museum, with the exception of the free validated parking for paid museum visitors. • The Museum will include a retail store integrated with admissions to enable staff to handle both. The product line will reflect the mission and mandate of the institution and help to tell the civil rights story in South Florida and elsewhere as well as items that reflect the environmental importance of the site. The books and other items should appeal to a cross- cultural audience, so Spanish -language books as well as Hispanic immigrant histories should be included with African American and civil rights themes shown in the exhibitions. The product line should also offer low cost items for children. Depending on market demand, the retail shop will be visible and accessible even when the rest of the Museum is closed. • A small caff wiII be part of the Museum, to likely be operated by the company that operates the assumed Beach Pavilion. • Rentals will take place primarily in the Beach Pavilion but there will also be opportunities within the Museum. The lobby and adjacent multi -purpose space and Freedom Theatre will be the primary spaces used for evening and other small rentals. Rental rates for museums are usually at the high end of the spectrum, reflecting the prestige attached to a museum venue. However, in some cases the Museum will offer rental space free or a much reduced rate to deserving groups, ideally sponsored by others. It must also be emphasized that despite the opportunities, there is substantial and growing competition for rentals business in Miami. The implementation and paving of the Flex Park on the site of the Marine Stadium site will attract more people to Virginia Key but also increase competition for events and other rentals at Historic Virginia Key Beach Park. • It has been assumed that the HVKBPM will introduce a lower level and an upper level membership program. Lower level memberships would focus very much on "value for money" in unlimited free admission, discounts from retail sales, programs and rentals, and other tangible benefits. The upper level membership program would be a way for individuals, families, corporations and foundations to support the mission and mandate of the Museum. Upper level members would receive tax benefits in return for sponsoring free admission of school groups and the disadvantaged. Lord Cultural Resources . 32 Historic Virginia Key Beach Park Museum: Business Plan Update - final Report • It is assumed that the implementation of the Museum will help to enhance the market for the various programs and events that have grown in the Park over the years. Within the Museum, most public and educational programs will be included within the basic cost of admission. Charged programs could include performance events and lectures in the 60- seat auditorium, teacher training, outreach, registered programs, special events and other programs developed by management of the Museum when operational. • The train and carousel used to cost one dollar per ride and now are free. This is assumed to continue but sponsorship will be sought to pay for the free admission for the train and carousel. • Given the challenge of raising private capital funds, no endowment is assumed to support operating costs during the three years projected. However, development of an endowment would be very helpful. 4,6,3 OPE ATING SCH 0_LE • It is assumed that the Museum will open daily from 10 a.m, to 5 p.m. and will experiment with one evening opening per week. This will allow one hour set up time for evening rentals and allow for exclusive school group use before 10 a.m. when booked in advance. • No change is assumed to the hours of the Park as a consequence of implementation of the Museum. However, evening event rentals associated with the Beach Pavilion and other programs could affect operating hours. �.6. -NJING A quality visitor experience is the most important marketing tool available. Ths helps to generate the positive word-of-mouth reports that are essential for building both first-time and repeat visitation and for ensuring that HVKBPM is top -of -mind for potential resident, school and tourist visitors. Some of the opportunities are as follows: • Emphasize the combined indoor/outdoor attractions of the site that provide a competitive advantage over many other Miami attractions. The challenge will be to encourage "recreational" users of the site to utilize other aspects such as the Museum. An indoor/outdoor attraction can also meet the challenge of inclement weather or extreme heat. • The resident market will be very important and, in general, there should be a marketing emphasis on the family nature of the site (through such events as family reunions, faith - related meetings etc.). The demographics of the region indicate that this emphasis would be of appeal to the Hispanic market that represents the largest ethnic group in the region. Other ongoing special events such as film festivals, lecture series, etc. should be regularly planned to attract the local market to the site. • That HVKBP be positioned as a welcoming place for all cultures, which will be important considering the demographics of the Region. Graphics should be in English, Spanish and French and perhaps even Krdyol throughout the Park and Museum, and docents speaking each language should be available. Lord Cultural Resources e 33 Historic Virginia Key Beach Park Museum: Business Ran Update - Final Report • School groups will be an important market and HVKBPM should develop a printed brochure for schools and curriculum supervisors that describes the Museum's programs, including the targeted grade levels with clearly defined curriculum links to those grades, and the emphasis on fun, interactive experiences. • Flags and banners should be installed at the Museum's entrance and on the Rickenbacker Causeway to announce the Museum's presence and provide a welcoming face to potential visitors. If possible, billboards and signage along major highways in the Miami area advertising the new site should be introduced. Also needed will be a brown State Historical sign, including "Florida Heritage" near the park entrance, and a prominent entrance marker; • Develop a museum rack brochure to be displayed at regional attractions and hotels, and be available for distribution by the local Convention and Visitors Bureau, at Turnpike service centers, Welcome Centers and hotel lobbies. The brochure should be visually driven as opposed to text -heavy: this will prevent the brochure from becoming a substitute for an actual visit, which can happen with brochures that provide too much information regarding a museum's content. Consistent with the family appeal of the site, it should show members of a family (possibly three generations) enjoying themselves at the site and include a discount coupon. • Utilize an attractive interactive Web Site now to provide updates on the planning and design process, gradually getting more concrete and detailed as opening day approaches, then projecting exhibition and events schedules, membership applications, etc. It should include a "sharing your story" link, As the first step in a private fundraising campaign it will be necessary to encourage community leaders in churches, schools and community organizations to promote the existence and importance of Virginia Key Beach first to the African American community then to the wider community by means of an excellent web site. • Recognize the importance of social media by designating staff to monitor Trip Advisor and other sites and to communicate with supporters. .7 Other Assurr )tions • Capital funds for construction and exhibitry will be generated through a combination of private and government sources. The project will be free of debt payable by the HVKBPM and there would thus be no annual outlays for debt service in the operating budget. • The Museum will not be responsible for payment of any property or business taxes. Lord Cultural Resources ® 34 5. AJNDANCE, R ROJECTIONS =v NJ Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report. AND J INS_ This chapter sets out our updated projections of attendance, operating revenues and expenses for the Historic Virginia Key Beach Park Museum (HVKBPM) based on the Contextual, Comparables and Market Analyses in Chapters 2 and 3 and the approved Assumptions in Chapter 4 as well as the judgment and experience of the consultants, The projections are for the opening three years of the Museum, and assume that Year 3 is a stabilized year that will be representative of the attendance and financial performance of the HVKBPM in subsequent years of operation. Since the focus of this study is the Museum the projections are for the addition to the Park of the Museum itself, and are not for the Beach Pavilion or additional recreational opportunities that might be implemented. However, the projections do take into account the assumed positive impact on Museum attendance and earned income of the Beach Pavilion. All projections are in 2017 constant dollars. However, some items such as staff costs tend to increase at a faster pace than the prevailing rate of inflation and we have thus taken this into account in some of the specific projections, The projections build upon a base level of 2017-18 budget figures for the Virginia Key Beach Park Trust to take into account that there is already a fully operational Park to which the Museum will be added. 5.1 On -Site Mttenc once Projections In preparing attendance projections, it must first be noted that comparing attendance levels with existing museums and related institutions is inherently risky since there are a variety of definitions of what constitutes a visitor. For this plan a visitor to the HVKBPM is defined as someone who attends the Museum on -site for the purposes of experiencing its exhibits and programs, including persons attending various special events and rentals. This definition would exclude those who enter the building to only use the gift shop. It also excludes staff and volunteers, service and delivery people as well as visitors to the Beach Pavilion, the beach and outdoor facilities on the site who do not enter the building for the exhibitions or programs. While outreach and access through a Web site are important, on -site attendance projections do not include outreach programs and Web site hits. Lord Cultural Resources + 35 Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report It must also be noted that there is no simple computer formula that leads to credible attendance projections. The process used here considers the experience of existing civil rights museums, and the most relevant existing history -focused museums in Miami and help to provide benchmarks for formulas that help to guide our judgment associated with important qualitative factors. These include the appeal of the assumed visitor experience and spaces as well as the impact of other key assumptions outlined in the previous chapter. 51] DARAMETERS vR ON -SITE A_. ENDANCE IPROJECTIO\S A variety of data may be used to help establish parameters or benchmarks for the Museum attendance projections. Although each benchmarking method has its weaknesses, all have been considered but not necessarily used to establish parameters to help guide our judgment. 511,1 atlos Derived From Selected Civil and Human Museums The HVKBPM is to be a largely civil and human rights museum and so it is civil and human rights museums in the South that offer the most useful ratios. The six selected are in the table below and include those far larger in size than the HVKBPM and those in much smaller market areas. To help account for these disparities the data are for the mid -point between average and median figures as applied to visitors per sq. ft. of exhibition gallery space, visitors per thousand County population and visitors per thousand African American population in the County: • Visitors per Square Foot of Exhibition Space: The mid -point between the median and average visitors per square foot is 3.8, which when applied to the assumed 8,000 sq. ft. of exhibition space for the Museum leads to an attendance of 30,400 visitors. • On -Site Visitors per Thousand County Population: The average ratio that emerges from this method is 146.4. Applied to the population of Miami -Dade County the estimate is a very unrealistically high 365,500 annual visitors relative to lower attendance figures for much larger civil rights museums with a national focus. The data are skewed by the very substantial size and population of Miami -Dade County relative to the other examples. The mid -point County population of the six comparables selected are only about 23% of the population of Miami -Dade County. Applying this 23% ratio suggests an attendance level of about 84,100. • Visitors per Thousand African American Population in County: The Museum is to appeal to all ethnicities but there should be a particular appeal to African Americans. The mid -point ratio that emerges from this method is 361.7. Applied to the African American population in the County this leads to an attendance of about 170,700. Since the mid -point population of African Americans is about half of the African American population of Miami -Dade County, we have applied the 50% to lead to an estimate of 85,400. • Mid -Point Attendance from the Six Selected Civil Rights Museums: At about 80,500 this figure appear to be closest to a realistic attendance estimate for the HVKBPM. The average of the other two methods is 70,100 annual visitors to the Historic Virginia Key Beach Park Museum in a stabilized year of operation. Lord Cultural Resources ® 36 Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report = Selected Civil or Human Rights Museums in the South National CHI Ri•hts Museum, Mem•his 2015 Reported On•Site Attendance 200,000 Adult Admission, Charge $15.00 Exhibition Space (Sq.; Ft) - 40,000 Visitors per Sq. Ft. , Exhibition Space 5.0 2010 County -Population 928,808 Visitors per 1000 County Population 215.3 2010 County Black Population 496,912 Visitors per 1000 County Black Population 402.5 National Center for Civil and Human Rights, Atlanta 200,000 $16.00 30,000 6.7 962,060 207,9 424,268 471,4 International Civil RI•hts Center and Museum, Greensboro, NC 70,000 $10.00 30,000 2,3 489,657 143.0 159,139 439,9 Birmi 'ham Civil Ri•hts Institute, Alabama 60,000 $12.00 26,200 2.3 658,514 91,1 276,576 216,9 Ral•h Mark Gilbert Civil Ri•hts Museum, Savannah, GA 40,000 $8.00 6,000 6.7 266,019 150.4 106,674 375,0 Alban Civil Rights Institute, Alban , GA 6,500 $6.00 6,000 1.1 94,612 68,7 63,485 102,4 AveraIe 96,083 $11.17 23,033 4.0 566,612 146.1 254,509 334.7 Median 65,000 $11.00 28,100 3.7 574,086 146.7 217,857 388.7 ....,':- Mid -Point 80,542 $11.08 25,567 3,8 570,349 146.4 236,183 361.7 Assumptions for HVKBPM $10.00 8,000_ 2,496,535 471,826 Sources2016 Official Museum Directory US Census web pages Noses The reported attendance for the Birmingham Cb 6 Rights Institute is 146,1166 The reported attendance for the National Center for Cml and Human Rights in Atlan but that mcludes a is an openingear 80 000 persons figure and i served on out kely to decline each programs in subsequent years 5112 -ratios Derived From Existing Charted Admission iistory-Focused Museums in Miami Chapter 2 includes detailed available data regarding other existing museums and related attractions in Miami. The two most relevant for attendance projections of the HVKBPM are the following examples, which charge admission and are history -focused. They are History Miami and the Jewish Museum of South Florida. The two methods used here are visitors per square foot exhibition space and a ranking of the HVKBPM against their reported attendance totals: • Visitors per Sq. Ft. Exhibition Space: This method focuses on the space available to visitors and leads to an 11.3 average ratio emerging from the two comparables in the table below. Applying these figures to the assumed 8,000 sq. ft. of exhibition space at the Museum provides a range of about 92,000 visitors. • Ranking Relative to the Two Charged Admission History -Focused Museums: In our judgment the HVKBPM will attract more visitors than the Jewish Museum but fewer than History Museum. Using the 65,000 average appears appropriate. The mid -point between the two estimates is 78,500. Selected History Focused and Charged Admission Museums in Miami Histo Miami Jewish Museum of South Florida Ave ra • e Assumptions for HVKBPM Sources: 2016 Official Museum Directory, US Census, vieb s 2015 Reported On -Site Attendance, 83,000 47,000 65,000 Adult Admission Charge $10.00 $6.00 $8.00 $10.00 12,000 3,000 7,500 8,000 Visitors per Sq. Ft. Exhibition Space 6.9 15.7 11.3 Lord Cultural Resources • 37 Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report 5.113 Summary of Figures Extrapolated from Ratios and banking Method Averaging these figures suggests a stabilized attendance figure in the range of 74,300 visitors in the stabilized Year 3, as seen in the following Table. Attendance rounded Selected Ratios from Civil Rights Museums 70,100 Ratios from Selected History -Focused Miami Museums 78,500 Average (rounded) 74,300 5,1,2 J11DGME V1 REGARDING I[irPACJ OF SITE, PRODUCT AN[) MAKE [ EACIO S While the ratios above help to guide our judgment regarding potential attendance levels, and suggest a stabilized attendance level of about 74,300 visitors per year, other factors discussed in earlier chapters help to refine the analysis. Some factors suggest higher attendance while others suggest that attendance levels will likely be lower. These factors are as follows, and help to lead to our projected attendance levels for HVKBPM in its first three years of operation: Positive Factors: • Awareness of the Museum Boosted by Beach Pavilion, Beach and Recreational Visitors to the Park: At the time of the original business plan in 2005-06 there was no track record of Park use to help create a base level of on -site visitors. It is now known that there were about 25,400 current annual vehicles to the Virginia Key Beach Park. These are people who have largely paid to park on site to use the beach and attend events or other recreational opportunities. Although they will be unlikely to go into a museum in beach attire, using the beach and attending events will make people more aware of the existence of the Museum, which is positive for attendance. Although the Beach Pavilion does not yet exist it is assumed to be in place at the same time as the Museum, and will expose those attending events and rentals to the Museum. In particular, the assumption that those attending paid events at the Pavilion will have discounted or free access to the Museum should help to increase attendance levels. • Availability of Freedom Theatre and Other Spaces to Widen the Visitor Experience: Although 8,000 sq. ft. exhibition space is relatively small the assumption of 2,500 sq, ft. of temporary exhibition space and the availability of the Freedom Theatre, hands-on lab and resource center will increase length of stay and therefore the likelihood of repeat visits. • Parking Validation: An assumption is that a parking validation system will be in place that will provide free parking for visitors who have paid for Museum admission. This is positive for attendance but methods will need to be developed to prevent abuse of this offer. • A Partial Focus on Environmental Issues Associated with the Site: Although the primary focus will be on civil and human rights, and stories that convey Virginia Key Beach was actually a place of joy for African Americans, the partial focus on the environmental features of the site will help to increase attendance among school groups and some others. Lord Cultural Resources 0 38 Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report • Large Resident and Tourist Market Base: The regional population is very substantial as is the tourist market. Of particular importance will be African American residents and tourists who should have a particular interest in the Museum. • Admission Charges: The assumption of free admission to school groups and strategies to widen access to persons who could not otherwise afford even a modest admission should serve to boost attendance levels. Negative Factors: • Competition with Sun, Sand and Sea: Despite the very substantial resident and tourist market, most museums and related attractions in Miami report lower attendance than found in the northern cities where museum do not have to compete with the sun, sand and sea. This is a negative factor for potential attendance. • Competition from Other African American Museums: There are more existing and planned African American focused attractions now than a decade ago. • Limited Awareness of the Civil Rights Story Associated with Virginia Key Beach: It is the objective of the HVKBPM to tell the story but the fact that relatively few African Americans under the age of 50 are unaware of it or personally faced segregation indicates the challenge faced by the Museum from an attendance perspective. This study has recommended initiatives to increase awareness levels in advance of the opening, including new community engagement and a grass -roots fundraising campaign, and a more substantial marketing budget. This should help but the awareness issue must be considered a negative from an attendance perspective. • Cost for Causeway: The need to pay to use the Rickenbacker Causeway is a minor negative for potential attendance. On balance, the points above suggest slightly higher attendance levels for the Museum than indicated by the various ratios set out earlier, We have therefore estimated on -site attendance in the stabilized Year 3 at 75,000 visitors. Year 1 attendance is estimated to be 20% higher at 90,000 because of the common opening year curiosity factor, with Year 2 higher than Year 3 at about 80,000. 5,1.3 PROJECTED ON -SITE ATTENDANCE EVES 3Y SEGME T The Table that follows provides our estimates of total on -site attendance by visitors on weekdays and weekends, helping to lead to design day projections and projected attendance by main market segment and by admissions ticket category. The projections are also based on the following estimates and assumptions. • Attendance by Weekdays and Weekend Days: It is common for weekend days to account for 45-50% of all visitors. The emphasis on marketing to schools and the attraction of Miami to tourists should result in a higher percentage of weekday visits than the 50% norm for most museums. We have estimated weekday attendance at 55% of the total each year. Lord Cultural Resources ® 39 Historic Virginia Key Beach Park Museum): Business Plan Update - Final Report • Design Day Calculation: The Design Day (not peak attendance) calculation is of a higher than average weekend day in a higher than average attendance month. We estimate attendance during such a weekend day at 10% higher than average given year-round tourism in Miami. This figure is then applied to estimate how many people will be in the building at one time. Based on the size of the exhibition/experience space, we have estimated about 30% of daily visitors will be in the building at one time. • Attendance by Main Market Segment: The assumed pattern is that on a percentage basis resident attendance will be highest in the opening year then decline, with tourist percentages increasing in Years 2 and 3 and school attendance in the same general range, • Attendance by Ticket Category: The table that follows also provides estimates of attendance by the admission ticket category. Persons in an Indirect Paid category include members, program participants and rentals guests, both of the Museum and the Beach Pavilion. Projected Total Attendance Attendance by Weekday/Weekend 90,000 80,000 75,000 Weekdays 55% 55% 55% 49,500 44,000 41,250 Weekend Days/Holiday Mondays 45% 45% 45% ' 40,500 36,000 33,750 Total Design Day Calculation 90,000 80,000 75,000 Total Projected Attendance 90,000 80,000 75,000 Total Weekend Attendance 40,500 36,000 33,750 Average Weekend Day Attendance 389 346 325 Weekend Attendance in Higher Attendance Month (10% above average) 428 381 357 Maximum Number of People in Building at One Time (30% of daily total) Attendance by Main Segment 129 114 107 Resident (Miami MSA) 50% 45% 40% ' , 45,000 36,000 30,000 School 20% 20% 20% 18,000 16,000 15,000 Tourist 30% 35% 40% 27,000 28,000 30,000 Total Attendance by Ticket Category 100% 100% 100% ' 90,000 80,000 75,000 Adult 35% 35% 35% 31,500 28,000 26,250 Senior/Youth 15% 15% 15% 13,500 12,000 11,250 Child 10% 10% 10% 9,000 8,000 7,500 Non -School Groups 5% 5% 5% 4,500 4,000 3,750 School Groups 20% 20% 20% 18,000 16,000 15,000 Indirect Paid/ Other Unpaid 15% 15% 15% 13,500 12,000 11,250 Total 100% 100% 100% 90,000 80,000 75,000 Lord Cultural Resources • 4C) 5,2 Drojected jberatir 9 seventies Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report The projections of operating revenues projected for the HVKBP Museum are set out in the following categories, some of which reflect existing Park operations to which Museum revenues would be incremental: • Museum Admissions; • Park Entry/Parking; • Retail Sales; • Cafe Concession; • Membership; • Rentals and Events; • Public and Educational Programs; • Fundraising Events (net); • Other Earned Income; • Existing Government Support. The bottom line for the projections is the amount of projected expenses minus projected earned income to indicate the amount required from private support and additional government grants to break even on operations each year. 5,2,1 MUSEUM ADMISSIONS The table that follows sets out the projected Museum attendance levels in Years 1, 2 and 3 by ticket category as applied to the assumed admission charges. The projections also assume that discounts offered to visitors in combination with other museums, attractions, hotels, etc. would result in 5% lower income in Year 1 and 7% in Years 2 and 3 than if such discounts were not in place. (There is less of a need for offering discounts in the opening year of operation.) The admissions revenue projections are as follows: Museum Admissions Revenue Ticket Categories Adult (25-61) Senior (62+)/Youth (13-24) Child (3-12) Admission Base Charges Level (2017 dollars) $10.00 $8.00 $5.00 31,500 1,3 500 i000 Year2 Year2 Year mission Visitors Admission Visitors: venue;: Revenue .::$315,000'. 108,000. 45,000 28,000 12,000 8,000 $280,000 $96,000 $40,000 6250 ,250'. 7,500 $262,600 0,000 Mal$814500. Non -School Groups (avg.) School Groups (but will be programming charges) Indirect Paid/Unpaid $7.00 $0.00 $0.00 45.015 1,8 000; 13,500 $31,500 0, 4,000 16,000 12,000 $28,000 $0 $0 .3,750 5,000 11,250 ,250; $0' Total (before discounts) Total (after discounts) Admissions Revenue per Museum Visitor $0 90,000 $499,500 0.$41452151 27; 80,000 $444,000 $412,920 $5.16 75,000 $416,250. $387,1,1:3 = 6 Lord Cultural Resources • 41 5,2,2 PAR ENTRY/PARKING Historic Virginia Key Beach Park Museurn: Business Plan Update - Final Report Admission to the Historic Virginia Key Beach Park is on the basis of a charge for vehicle entry and is therefore a parking charge. Most of the revenue for entry is generated on weekends and holidays, at $236,000 with weekdays at $32,000, for a combined $268,000. It has been assumed that a parking validation system will be in place to provide free parking to those who have paid for Museum admission. Since most Museum visitors will be additional to current Park visitors, we assume that the loss of revenue for those who receive free parking at the Museum will be offset by the additional revenue from those who enter the Park because of the increased awareness of the Park attributable to the Museum and Beach Pavillion. The Park Entry/Parking revenues are thus maintained at the $268,000 base level for each year projected. 5,2,3 RETAIL SAE The existing Park site is budgeted to generate about $7,000 in sales from concession/paradise shop, vending and ice cream sales. Such sales are assumed to be associated with the future HVKBP Museum retail store. It is assumed to include 675 net square feet of public space, retailing a wide variety of products related to the Museum's mission and programming. The retail store will be integrated with admissions to allow the same staff to handle both during slower attendance periods. The store will be accessible to the public from within the Museum lobby and from the exterior of the building, allowing it to be open when the Museum might be closed. The store will also have good visibility from the outside and its own signage to allow the store to have its own identity. Our estimates take museum industry averages into account and opportunities for sales to other people on site. Sales per visitor and projected at S1.80 in Year 1 and growing by 2% per year to take into account better product and market knowledge over time. Retail cost of goods sold, staffing and other overhead costs are included with those expense projections later in this chapter. These estimates lead to the following retail sales projections. Retail Sales (675 net sq. ft) Total Attendance -Base Level Year 1 90,000 Year 2 - 80,000 Year 3 75,000 Sales/Visitor $1.80 $1.84 $1.87 Total Retail Sales $7,000 $162,000 $146,880 $140,454 Sales per Square Foot $240 $218 $208 5,2.4 CAFE. CO\CESSION It has been assumed that in addition to dining opportunities in the Beach Pavilion there will be a small 900 net sq. ft. restaurant plus 500 sq, ft, for kitchen and food storage facilities and catering set up for a total of 1,400 net sq. ft. to be operated by the Beach Pavilion concessionaire. Like retail, the cafe would have its own signage to allow it to develop its own distinct identity. During good weather, tables and chairs could be placed on the outdoor terrace to increase the appeal and the number of customers. Lord Cultural Resources • 42 Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report The concessionaire will pay a negotiated rent to the Museum. This is likely to be based on a minimum annual rent plus a percentage of gross revenues. For the purposes of these projections, we are basing the estimate on an amount per sq. ft. for the total restaurant space, including kitchen and storage facilities. Given the strong location with wonderful vistas, our estimates are based on a projected rental of about $20 per net square foot (2017 dollars) and that the financial arrangement would be for the full three-year period projected. Assuming the total food service space is 1,400 sq. ft. leads to the following projections. Cafe Concession Total Concessioned Space Base Level Year 1 Year 2 Year 3 1,400 1,400 1,400 Rent per Sq. Ft. $20.00 $20.00 $20.00 Total Revenue $0 $28,000 $28,000 $28,000 52.5 MEf 3ERSH It has been assumed that the Museum will include a lower level and an upper level membership program. Lower level memberships would focus very much on "value for money" with unlimited free admission, discounts from retail sales, programs and rentals, and other tangible benefits. The upper level membership program would be a way for individuals, families, corporations and foundations to support the mission and mandate of the Museum. Upper level members would receive tangible benefits too. For example, they would be invited to special events, receive behind the scenes tours, and other benefits in which the focus is on exclusivity and recognition, as well as tax benefits. As shown in Chapter 2, the median figure for a family membership charge in Miami is about $75. Our projections are based on the following assumptions and estimates: • VKBP Museum will offer a variety of lower level membership categories but most will be in the Family category, charged at $60 per year, with lower prices for student and individual and dual categories, Upper level categories would range from $100 to $1,000 plus. • Taking into account upper level memberships, the average revenue per membership is estimated at $70 in Year 1 with growth of 2% per year to reflect success in moving people to upper categories over time. • The total number of memberships would be 1,200 in Year 1, decline to 1,000 by Year 3 to reflect projected attendance patterns. The main limitation on membership is the size of the exhibition space, which will limit repeat visitation and hence the value of membership. These estimates and assumptions lead to the following projections. Membership Base Level Year 1 Year 2 Year3 Total Memberships 1,200 1,100 1,000 Average Revenue per Membership $70 $71 $73 Total Revenue $0 $84,000 $78,540 $72,828 Lord Cultural Resources • 43 Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report 5,2:6 R=NTAES AN) EVENTS Historic Virginia Key Beach Park is already available for pavilion rentals, weddings and film/photo shoots as well as numerous large events. Combined income from these sources is budgeted in the current year at 5329,500, which serves as a base level for the projections. The main assumed spaces available for rental at Virginia Key Beach will be in the Beach Pavilion. However, there will be opportunities to generate revenue from rentals within the Museum, primarily in the 1,320 sq. ft. Lobby and a contiguous 900 sq. ft. in multi -purpose space, a 450 sq. ft. Boardroom and the 60 seat Freedom Theater. It is assumed that receptions for up to 150 people may be accommodated in a combination of these spaces for such events as corporate meetings, wedding receptions, reunions and community meetings. Although the number of rentals in the Museum may vary widely, we estimate in the range of 30 in Year 1 growing to 40 in Year 3 as seen in the following table. Average income per rental may also vary, but based on rental rates for similar Miami facilities, is estimated to average $1,500 per rental, with growth of 2% per year. We are assuming that the smaller venues (i.e. Freedom Theater, conference room and classroom) would be rented out for on average $500 per rental in Year 1 and that 25 such rentals would take place in the first year increasing to 35 rentals by Year 3. The growth rate in the charge per rental is assumed at 2% per year as well. The projections are thus as follows. Rentals and :Events - Major Rentals per Year Base Level Year 1 30 Year 2 Year 3 35 40 Average Income per Rental $1,500 $1,530 $1,561 Total Major Rental Revenue $45,000 $53,550 $62,424 Smaller Rentals per Year 25 30 35 Average Income per Rental $500 $510 $520 Total Smaller Rental Revenue $12,500 $15,300 $18,207 Base Rentals Income $329,500 $329,500 $329,500 Total Rentals and Events Income $329,500 $387,000 $398,350 $410,131 5,23 EIC A\[) EDUCATIONAL ROGRAMS Existing programs offered by the Park include YMCA, Camp Guaikinima, Kee Vee Camp and programs with the Biscayne Nature Centre and History Miami, as well as drive-in movies, summer promotion and soccer,. These programs are budgeted at $52,300, which is the base level for the projections. Most public and educational programs offered by the Museum will be included within the basic cost of admission. Charged programs could include performance events and lectures in the 60 seat theatre, school programs, teacher training, outreach, and other programs developed by the management of the Museum when operational. The revenues that might be generated from Museum public and educational programs may vary widely. For the purposes of these projections we are estimating relatively modest revenues as follows. Lord Cultural Resources 44 Public and Educational Programs Base Level Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report. Base Level Year 1 =Year 2 . Year 3 $52,300 $52,300 $52,300 New Program Revenue $35,000 $40,000 $45,000 Total Revenue $52,300 $87,300 $92,300 $97,300 5,2,8 FUNDRAISING (VENTS \[I) Most museums and cultural attractions require fundraising events and galas to support operating costs. The HVKBP has budgeted for $15,000 this year, which is the base level of the projections. The amount that might be raised from these events that would contribute to operating revenues may vary widely. For the purposes of this study we have estimated a growth to $50,000 in Year 1 and increasing somewhat each year, as follows. Fundraising Events (net) Base Level Year 1 Year 2 Year 3 Base Level $15,000 $15,000 $15,000 Additional Fundraising Revenue $35,000 $40,000 $45,000 Total Revenue $15,000 $50,000 $55,000 $60,000 5,2,9 OTH IA _[) INGOIM The Park reports income from cabins and from development staff, which combine to total $45,000. This has been used as the base level. There may be other sources of self -generated income to provide additional income associated with the Museum. These could range from pay -for -photo opportunities to interactive donation boxes, and other entrepreneurial sources to be developed by management at the time. Although these amounts may vary widely, our projections are as follows: Other Earned Income Base Level Year 1 Year 2 Year 3 Base Level $45,000 $45,000 $45, 000 Additional Earned Income $20,000 $23,000 $25,000 Total Revenue $45,000 $65,000 $68,000 $70,000 5,2.10 EXISTING GOVERNMENT S[JPPOK The Park estimates $300,000 from the City of Miami in 2017/18. This has been established as the base level that is assumed to continue each year to allow the bottom line of the projections to be the amount required from additional government support and private support to break even on operations for each year projected. Lord Cultural Resources ® 45 5,3 Jrojectec. Ex Denses Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report Starting with the current operating expense categories of the Historic Virginia Key Beach Park, the expense categories used for the Museum are as follows: • Salaries, Wages and Benefits; • Occupancy Costs; • Exhibitions; • Educational and Public Programming; • Collections Acquisition and Care; • General and Administrative Costs; • Marketing; • Retail Store Cost of Goods Sold. 5.3,1 SALARIES, WAGES AI\ �) BHEFErs The largest operating cost of any museum is staffing, generally accounting for 45-60% of the total operating budget of institutions with a lower percentage for museums without collecting responsibilities, such as the HVKBP Museum. Since the Museum will be an addition to the Park it will benefit from Park staff, including the Executive Director and other senior positions, who will add the Park to their responsibilities. The table that follows starts with the existing staff positions for the Park and adds personnel associated with the operation of the Museum. The recommended salary levels take into account existing salaries and wages and the salaries and wages at other museums as well as the projected size of the new Museum. The benefits as a percentage of salaries are assumed to remain at the current 23%. It is assumed that staffing costs will exceed the rate of inflation by 0.5% per year during the period projected. Staff costs have thus been increased by 2% to reflect the period of time between 2017 and 2021 when the new Museum is assumed to open for the purposes of this study, These estimates and assumptions lead to the following staffing costs. Lord Cultural Resources • 46 Business Plan Update - Revised May 2019 Section 5.3.1 SALARIES, WAGES AND BENEFITS Historic Virginia Key Beach Park Museum VKBPT Existing Salaries, Wages & Benefits $ 852,400 $ 895,000 $ 939,800 $ 986,800 $ 1,036,100 $ 1,087,900 Additional Positions starting 2023 for Museum Development Director Director of Collection & Exhibition Education Coordinator Visitor/Membership Service Coordinator Retail/Business Manager Sales Associate Total Additional Museum Salaries & Wages Benefits @23% FT $ 65,000 $ 65,000 $ 67,600 $ 70,304 FT $ 65,000 $ 65,000 $ 67,600 $ 70,304 FT $ 45,000 $ 45,000 $ 46,800 $ 48,672 FT $ 45,000 $ 45,000 $ 46,800 $ 48,672 FT $ 45,000 $ 45,000 $ 46,800 $ 48,672 PT $ 30,000 $ 30,000 $ 31,200 $ 32,448 $ 295,000 $ 306,800 $ 319,072 $ 67,850 $ 70,564 $ 73,387 Total Additional Museum Salaries, Wages & Benefits 362,850 $ 377,364 $ 392,459 Total Combined Salaries, Wages & Benefits $ 852,400 $ 895,000 $ 939,800 $ 1,349,650 $ 1,413,464 $ 1,480,359 Historic Virginia Key Beach Park IV1useum: Business Plan Update - Final Report Position Existing Salaries, Wages and Benefits Base Level $693,700 FTE Salary 1 Year 1 $707,574 Year 2 $711,112 Year 3 $714,667 Additional Positions for Museum Director of Collections and Interpretation 1.0 $70,000 $71,400 $71,757 $72,116 Development Director 1.0 $70,000 $71,400 $71,757 $72,116 Marketing and Media Director 1.0 $60,000 $61,200 $61,506 $61,814 Exhibition Manager 1.0 $60,000 $61,200 $61,506 $61,814 Education Program Coordinators 2.0 $45,000 $91,800 $92,259 $92,720 Public Program Coordinators 2.0 $45,000 $91,800 $92,259 $92,720 Visitor Services and Volunteer Coordinator 1.0 $45,000 $45,900 $46,130 $46,360 Assistant to Executive Director 1.0 $30,000 $30,600 $30,753 $30,907 Bookings and Membership Clerk 1.0 $30,000 $30,600 $30,753 $30,907 Retail/Business Manager 1.0 $60,000 $61,200 $61,506 $61,814 Retail/Admissions/Information Staff (part-time) 1.5 $20,000 $30,600 $30,753 $30,907 Total Additional Salaries and Wages $647,700 $650,939 $654,193 Benefits @ 23% $148,971 $149,716 $150,464 Total Additional Salaries, Wages and Benefits $796,671 $800,654 $804,658 \ Total Combined Salaries, Wages and Benefits $693,700 $1,504,245 $1,511,766 $1,519,325; 5,3,2. BUILDING OCC_ DANCY COSTS Building occupancy costs are defined to include all costs, excluding salaries, associated with maintenance and repairs, cleaning, utilities, security systems and building insurance, These costs have historically ranged between $6.00 and $8.00 per gross sq. ft., with costs varying by the extent of the environmental controls required, the weather conditions, the extent of public use, and the condition of the building, with a new building requiring lower maintenance costs. Foe the existing HVKBP operation, the City of Miami absorbs utilities costs. This is expected to continue with the introduction of the Museum. Costs payable for repairs and maintenance payable by the Park are budgeted at $30,500, which is the base level for these projections. The building is assumed to be 34,153 gross sq. ft. in size. Based on assumed continued City payment of utilities costs, we estimate the occupancy cost figures at $3.50 per sq. ft. in Year 2, growing to $4.00 by Year 3. In Year 1 costs are lower because the building is covered by warranties, and has been estimated at $3.00 per gross sq. ft. of building space. These estimates lead to the following projections. Occupancy -Costs Base Level Base .Level = Year 1 Year 2 =-Years- $30,500 $30,500 $30,500 Gross Square Footage of Museum Building 34,153 34,153 34,153 Occupancy Costs per Sq. Ft. $3.00 $3.50 $4.00 Museum Occupancy Costs $102,459 $119,536 $136,612 Total Costs $30,500 $132,959 $150,036 $167,112 Lord Cultural Resources • 47 5.3,3 EXI-II 3ITIONS Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report The exhibitions within the Museum will be its main attraction and are assumed to be of high quality. Three operating categories associated with exhibition costs are as follows: • Temporary Exhibitions: For the purpose of these projections it is assumed that there will be one major exhibition per year from outside sources every year with other temporary exhibitions during the rest of the year to be developed internally. A budget of $50,000 should be allocated to the major show and $50,000 for the other shows, for an annual total of $100,000. • Reserve for Replacement of Permanent (Long -Term) Exhibits: The exhibits installed for opening will be new and designed specifically for the Museum, and would be part of the initial capital costs. The long-term exhibits are expected to be in place from 5-10 years and will require annual maintenance and upgrades as exhibit components become worn or their effectiveness is re-evaluated. The requirement for the opening year will be nil or close to it as the exhibits will be new and still under warranty, but increases in subsequent years will be required to account for an anticipated growing need for repairs and maintenance. We recommend there be a reserve established from the outset at $40,000 per year. • Routine Exhibit Maintenance: These non -staff costs will increase over time and are estimated at $5,000 in Year 1, $10,000 in Year 2 and $15,000 in Year 3. These estimates lead to the following projections. Exhibition Costs Temporary Exhibitions Base °.Level '- Year 1 $100,000 Year 2 $100,000 Year 3 $100,000 Reserve for Exhibit Replacement $40,000 $40,000 Routine Maintenance $5,000 $10,000 $15,000 Total Costs $0 $105,000 $150,000 $155,000 ',3,4 EIDUGAIIO AL A\ID 'IJ31_IC I'ROGRA MING These costs would exclude staffing but include all other costs associated with the development and delivery of various educational and public programs for the Museum. Since many programs are included with the cost of admission and to reflect mission -related objectives, costs often exceed to the programming revenues by two to three times. For the purposes of these projections, we have estimated programming costs at 2.5 times the Museum programming revenues in Year 1 and 2 times the revenues in subsequent years. Programming Costs' Total Costs (2.5/2 times revenues) Base Level Year 1 Year 2 Year3 $0 $87,500 $80,000 $90,000 5.3,5 COLL GTIOi\S AGQJSITION AND CARE It is assumed that there will be relatively few artefacts and that the Museum will essentially be a non -collecting institution. However, there should be a modest annual acquisitions budget. In addition, it will be necessary to allocate a budget to pay for conservation and other professional services on a contract basis and some collections care supplies. For the purposes Lord Cultural Resources e 40 Historic Virginia Key Beach Park 'Museum: Business Plan Update - Final Report of these projections we estimate an allocation of $5,000 in Year 1 and $10,000 in subsequent years. These estimates lead to the following projections. Collections Acquisition and Care Acquisition Base Level Year 1 Year 2 Year 3 $10,000 $15,000 $15,000 Care $5,000 $10,000 $10,000 Total Costs $0 $15,000 $25,000 $25,000 53.6 GENE: A\D AD UINIST�ATIVE: General and administrative costs include operating, office and related supplies, equipment, mailing, printing, telephone, travel, conferences, volunteer perquisites, professional services, dues and subscriptions, credit card fees, entertainment, and other items that do not fit into the other expense categories. In the case of the HVKB Park, these costs also include "other contractual services" including janitorial, leading to a total operating budget in this category of $307,600, which is the base level. Regarding the Museum, we estimate that they will fall within a common 10-15% of staffing costs. For the purposes of these projections, we estimate these costs at 12% of staffing costs in Years 2 and 3, and 13% in Year 1 to reflect extraordinary start-up expenditures. These estimates result in the following projections. General & AdministrativeBase Level Year 1 Year 2 Year 3 Base Level $307,600 $307,600 $307,600 Museum Costs (13/12% of museum staffing) Total Costs $307,600 $103,567 $411,167 $96, 079 $403,679 $96,559 $404,159 5,33 EMiRK SING The Park has budgeted $35,000 for promotional expenses and advertising. These expenditures will need to increase with the addition of a Museum seeking to maximize attendance levels. These costs generally range from 1-5% or more of the total operating budgets of museums while private sector attractions allocate 10% or more. Another way marketing expenditures are calculated is on a per visitor basis to allow for potential sensitivity analyses to Zink attendance to marketing expenditures. Our estimate is based on non -staff marketing expenditures of $1.25 per visitor. This leads to the following projections. Marketing Base Level Year 1 Year 2 Year 3 - Base Level $35,000 $35,000 $35,000 $1.25 per Museum visitor $112,500 $100,000 $93,750 Total Costs $35,000 $147,500 $135,000 $128,750 Lord Cultural Resources ® 49 53.8 RETAIL SF 0 COST OF COONS SOLE) Historic Virginia Key Beach Park Museurn: Business Plan Update - Final Report Cost of goods sold generally range from 50-60% for museums. For the HVKBP Museum, we have estimated costs of goods sold at 55% per year. This results in the following projections. Retail Cost of Goods Sold Retail Gross Sales Base Level Year 1. —Year 2 - Year 3 $162,000 $146,880 $140,454 Cost of Goods Sold (55%) $0 $85,860 $77,846 $74,441 5 Su' wary of Attencance and =inanc a Projections The following Table summarizes our projections of attendance, operating revenue and expenses for the Historic Virginia Key Beach Park Museum (HVKBPM) in its opening three years of operation. On -site attendance levels are estimated to be 90,000 in Year 1, 80,000 in Year 2 and 75,000 in Year 3. We project that with the addition of the Museum the operating budget for the Park will increase from about $1.6 million to the $2.5 to $2.6 million range during the three years projected. Earned income levels are estimated to decline somewhat from the current 67% range to 60-65% of the operating budget, which far exceeds museum averages for earned income because of Park entry and other revenues not common for museums. Projected earned income plus assumed continuation of income from the City of Miami minus projected operating expenses are estimated to require $584,000 to $730,000 from a combination of endowment, private and additional government support. Revenue from the Beach Pavilion may be able to reduce this amount. Lord Cultural Resources • C) Business Plan Update - Revised May 2019 Historic Virginia Key Beach Park Annual Attendance Operating Revenues Museum Admissions $ 474,525 $ 412,920 $ 387,113 19,1% 16.3% 15.1% Park Entry/Parking $ 268,000 $ 268,000 $ 268,000 10.8% 10.6% 10.5% Retail Store/Concession Stand/Paradise Shop $ 162,000 $ 146,880 $ 140,454 6.5% 5.8% 5.5% Cafe Concession $ 28,000 $ 28,000 $ 28,000 1.1% Membership $ 84,000 $ 78,540 $ 72,828 3.4% 3,1% 2.8% Rentals $ 387,000 $ 398,000 $ 410,131 15.5% 15.7% 16.0% Programs $ 87,300 $ 92,300 $ 97,300 3.5% 3.6% 3.8^% Fundraising (net) $ 50,000 $ 55,000 $ 60,000 2.0% 2.2% 2.3% Other Earned $ 65,000 $ 68,000 $ 70,000 4.2% 2.6% 2.7% Existing Government Support $ 300,000 $ 300,000 $ 300,000 12.1% 11.8% 11.7% Total Revenue Projected $ 1,905,825 $ 1,847,640 $ 1,833,826 76.6% 72.9% 71.5% Operating Expenses Salaries, Wages & Benefits $ 1,349,650 $ 1,413,464 $ 1,480,359 57.0% 58.0% 59.0% Occupancy Cost $ 132,959 $ 150,036 $ 167,112 5.3% 5.9% 6.5% Exhibition $ 105,000 $ 150,000 $ 155,000 4.2% 5.9% 6.0% Programs $ 87,500 $ 80,000 $ 90,000 3.5% 3.2% 3.5% Collection & Acquisition & Care General & Administrative Marketing $ 15,000 $ 411,167 $ 147,500 $ 25,000 $ 403,679 $ 135,000 $ 25,000 $ 404,159 $ 128,750 0.6% 1.0% 16.5% 5.9% 15.9% 5.3% 0.00% 15.8% 5.0% Retail Cost of Goods Sold 85,860 $ 77,846 $ 74,441 3.4% 3.1% 2.9% Total Expenses $ 2,334,636 $ 2,435,025 $ 2,524,821 100% 100% 100% Amount Required from Private, Endowment & Additional Government Sources to Break Even $ (428,811) $ (587,035) $ (690,995) Historic Virginia Key Beach Park Museum: Business Plan Update - Final Report Summary of Projections for Museum Annual Attendance Operating Revenues Base Level Year 1 90,000 Year 2 80,000 Year 3 75,000 Base level % Year 1 % Year 2 % Year 3 0 /° Museum Admissions $0 $474,525 $412,920 $387,113 0.0% 19.1% 16.3% 15.1% Park Entry/Parking $268,000 $268,000 $268,000 $268,000 25.1% 10.8% 10.6% 10.5% Retail Store/Concession Stand/Paradise Shop $7,000 $162,000 $146,880 $140,454 0.7% 6.5% 5.8% 5.5% Cafe Concession $0 $28,000 $28,000 $28,000 0.0% 1.1% 1.1% 1.1% Membership $0 $84,000 $78,540 $72,828 0.0% 3.4% 3.1% 2.8% Rentals $329,500 $387,000 $398,350 $410,131 30.9% 15.5% 15.7% 16.0% Programs $52,300 $87,300 $92,300 $97,300 4.9% 3.5% 3.6% 3.8% Fundraising (net) $15,000 $50,000 $55,000 $60,000 1.4% 2.0% 2.2% 2.3% Other Earned $45,000 $65,000 $68,000 $70,000 4.2% 2.6% 2.7% 2.7% Existing Government Support $300,000 $300,000 $300,000 $300,000 28.1% 12.1% 11.8% 11.7% Total Revenue Projected Operating Expenses $1,016,800 $1,905,825 $1,847,990 $1,833,826 95.3% 76.6% 72.9% 71.5% Salaries, Wages, Benefits $693,700 $1,504,245 $1,511,766 $1,519,325 65.0% 60.4% 59.7% 59.3% Occupancy Costs $30,500 $132,959 $150,036 $167,112 2.9% 5.3% 5.9% 6.5% Exhibitions $0 $105,000 $150,000 $155,000 0.0% 4.2% 5.9% 6.0% Programs $0 $87,500 $80,000 $90,000 0.0% 3.5% 3.2% 3.5% Collections Acquisition & Care $0 $15,000 $25,000 $25,000 0.0% 0.6% 1.0% 1.0% General & Administrative $307,600 $411,167 $403,679 $404,159 28.8% 16.5% 15.9% 15.8% Marketing $35,000 $147,500 $135,000 $128,750 3.3% 5.9% 5.3% 5.0% Retail Cost of Goods Sold $0 $85,860 $77,846 $74,441 0.0% 3.4% 3.1% 2.9% Total Expenses Amount Required to Break Even from Private, Endowment and Additional Government Sources $1,066,800 ($50,000) $2,489,231 ($583,406) $2,533,327 ($685,337) $2,563,787 ($729,961) 100.0% -4.7% 100.0% -23.4% 100.0% -27.1% 100.0% -28.5% Earned Income $716,800 $1,605,825 $1,547,990 $1,533,826 67.2% 64.5% 61.1% 59.8% Lord Cultural Resources ® 51