Financial woes have Sault museum struggling to survive
Budget talk in Sault Ste. Marie has included the worsening financial state of the local museum, with board officials saying they could only have a few years remaining.
"Given our current finances, if we do nothing to change the museum, we'd be able to operate for another two to three years maximum," said Mike Delfre, Sault Ste. Marie Museum board president.
A deficit of just more than $100,000 has the museum in a tough spot. As a charity, it typically operated in the red, but post-pandemic changes altered the landscape, and government funds that helped it stay afloat during those lean years are now long gone.
"Over the past, I'd say two years, we have started to see a compound of deficit happen," said museum curator William Hollingshead.
"We're looking at inflation in the cost of utilities and the cost of wages, trying to provide living wages to our staff, trying to operate host events and the impacts that people are seeing on their own wallets kind of affects that too, right?"
Museum officials recently asked city council for a $40,000 funding increase, but they don’t expect that will make a significant dent in their deficit.
To climb out of its hole, the museum undertook a survey, crafting a plan based on the ideas and opinions of 500 respondents.
"We have identified about five key strategies that we're going to implement," Hollingshead said.
"First one that we're working on is redoing our Russ Ramsey Sports Hall of Fame. We're hoping to partner with Rotary. We're also working on a community neighbourhoods project. So the various neighbourhoods that comprised the development and creation of Sault Ste. Marie."
Those plans need to work, as the museum isn’t likely to receive grants to help it stave off cuts if they don’t show they’re moving in the right direction.
- Download the CTV News app now
- Get local breaking news alerts
- Daily newsletter with the top local stories emailed to your inbox
"Very often, granting organizations are loath to put money into an organization that's in the red, in a deficit, but also doesn't appear to have the capacity to get out of that deficit," Delfre said.
"And so that's what a lot of the transformation that we're doing is about."
Within the last week, the museum has started a fundraising campaign, canvassing local businesses to help it hire four staff to implement the new initiatives and programs.
Museum officials are also asking the community for support in any way possible, whether it's buying memberships, donating or attending.
CTVNews.ca Top Stories
Missing hiker found alive after 50 days in northern B.C. wilderness
A missing hiker who spent 50 days alone in the frozen wilderness of northern British Columbia has been found alive.
'They alone are responsible': No deal yet in Canada Post strike
The Canada Post strike is expected to continue as parties remain 'too far apart on critical issues' to reach a deal, according to Labour Minister Steven MacKinnon.
Hyundai recalling hundreds of thousands of cars and SUVs in Canada, U.S.
Hyundai is recalling hundreds of thousands of SUVs and small cars in the U.S. and Canada because the rearview camera image may not show up on the screens.
Man arrested at LAX after allegedly checking suitcases filled with over 70 pounds of meth-caked clothing
A California man was arrested at Los Angeles International Airport after he allegedly tried to check two suitcases containing more than 70 pounds of clothing caked in methamphetamine – including a cow pajama onesie – on a flight to Australia, federal prosecutors said Tuesday.
Some Liberal MPs echo NDP call to expand $250 rebate, minister touts seniors benefits
Some Liberal MPs say they think their government should consider expanding the eligibility for an upcoming government rebate to include seniors who are no longer working.
Cynthia Erivo and Ariana Grande 'Wicked' pay disparity rumour debunked
Some have been saying Ariana Grande got paid more for 'Wicked' than her costar Cynthia Erivo, but the movie's studio is setting the record straight.
W5 Investigates Canada's least wanted man: A family's long and lonely fight to bring their son home from Syria
Counterterrorism experts and humanitarian groups are urging countries to repatriate suspected ISIS members, as one family tells CTV W5 about their long and lonely fight to bring their son home from Syria.
Montreal billionaire Robert Miller could have as many as 100 victims, lawyer says
A Quebec judge is hearing arguments this week in a class-action lawsuit application against Montreal billionaire Robert Miller over allegations he paid minors for sex.
Is it worth ordering from small businesses during the Canada Post strike?
Supporters of mom-and-pop shops may be worried they won't get their packages during the Canada Post strike, but a small business industry group is encouraging people to not rule them out during their holiday shopping.