Times
are tough, and more than ever, we are thinking about how to motivate people to
become members, or to renew their annual gifts. Turns out, those motivations, even during
tough times, tends to be related to life stage. A lot happens, financially, to adults as they
grow older.
Young
adults have tend to have high expenses, including high housing costs compared
to income, and they typically have the high costs associated with
child-rearing. Family budgets are tight,
with little to be spent on unnecessary things.
Sadly, philanthropy is not the highest priority to families with a
constant eye on the budget. There is a
place for it, but for younger adults the focus is more on making ends meet and
planning for the future. And when it
comes to museums, they are significantly more likely to give to pay for the
services they, and their families, receive, or to save money, than to give for
purely philanthropic reasons.
Things
change as adults grow older, however. In
their forties, adults start to become a bit more philanthropic. The budget-minded reasons to give are still
front-and-center, but for more forty-somethings the philanthropic reasons
become more prominent.
But
by the time adults are in their fifties, philanthropy is the primary
motivation. Children are largely moving
out of the house, housing costs are usually lower, and incomes are peaking over
their lifespan. There may be more room
in their budgets to give, so the budgetary reasons recede. Thoughts are also beginning to turn to giving
back to the community, including supporting museums. Additionally, there are a higher proportion
of Museum Advocates among older visitors than younger visitors, and those
Museum Advocates are making deeper connections to the museums that engage their
interests.
We
wanted to track philanthropic giving over the major studies we have completed,
and since this question was virtually unchanged from survey to survey,
combining responses and tallying them up were relatively simple. Interestingly, education and income had
little effect on how people responded to these questions. Instead, age was the primary factor . . . and
by a mile.
Below, as seen in the graph, it is clear that motivations change between those in their forties and those in their fifties. The lines for the budgetary reasons, saving money and paying for services received, cross those of the more philanthropic reasons, supporting the community, helping the museum improve, and supporting history/science/cultural organizations.
Although
the change happens between those in their forties and those in their fifties,
the trend does not stop then.
Respondents in their sixties are even more philanthropic-minded, and
those over seventy are the most philanthropic-minded.
Interestingly,
very few people joined or donated because they “were asked.” It hardly shows up - and we think this is a very good
thing. Joining or giving because they
“were asked” implies that that the respondent had little self-motivation to
support the museum. Instead, it implies
a purely financial transaction without a sense of the value of the museum. We would love to see this percentage go down
to nothing, with members being so engaged with the purpose of the museum that
they do not even perceive an ask ever took place. Instead, it is a highly-engaged, value-laden
proposition, whether it is for the benefit of a family, a community, or both.
So what does this mean? Clearly, museums need to create different membership materials to attract members of different ages. Materials that play up the value of a membership will be much more appealing to younger respondents, particularly young moms making economic choices for their families (and even more so during these economic times). In contrast, materials that instead focus on the good a museum does for its community and its visitors will be more appealing to older respondents who have a more philanthropic mindset. For museums actively seeking members of all ages, creating two sets of membership materials is more expensive, and more time-consuming to manage, but the return on that investment will likely more than pay itself back in better response rates.
What
are your thoughts? Click on “comments” below to share. (If you are
reading this from your e-mail subscription to the blog, please go to our blog's
website to add a comment.) Please include the name of your museum as
well!