Financial results of cultural institutions in 2020
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In 2020 assets (liabilities) of the surveyed cultural institutions as of December 31, 2020 amounted to PLN 19,757.7 million. Total revenues were lower by 5.6% and total costs by 6.3%.
In 2020 assets amounted to PLN 19,757.7 million. Taking into account the size of cultural institution measured by the number of employees, 48.6% of the total value of assets belonged to entities employing between 50 to 249 people (309 entities ), 25.5% of total assets belonged to entities employing between 10 to 49 people (1,627 entities), 21.1% – entities employing 250 and more people (25 entities) and 4.8% – entities employing less than 10 people (2,747 entities).
The highest value of assets was recorded in libraries, archives, museums and in entities conducting other activity in the field of culture – PLN 11,944.7 million (60.5% of the total value of assets).
