Newseum Newseum in Arlington, Virginia, in 1997. Prior to opening in Virginia, it maintained exhibition galleries in Nashville and Manhattan, the latter in the lobby of the former IBM Building at 580 Madison Avenue. In 2000, Freedom Forum decided to move the museum across the Potomac River to downtown Washington, D.C. The original site was closed on March 3, 2002, to allow its staff to concentrate on building the new, larger museum. The new museum, built at a cost of $450 million, opened its doors to the public on April 11, 2008. Tim Russert, a Newseum trustee, said, "The Newseum made
Newseum Pennsylvania Avenue, from presidential parades and funeral processions to celebrations and protests. The 2009 Obama Inauguration parade was covered by cable news outlets from the Terrace. The Bancroft Family Ethics Center: In the Ethics Center, computers allow visitors to debate journalistic dilemmas and compare their answers with reporters and other visitors. Despite a significant revenue stream of rents, museum admissions, and event fees, the Newseum loses significant amounts of money. In 2011, ticket sales offset just 10 percent of expenses. In 2015, the museum lost more than $2.5 million on revenue of $59 million. The private foundation that finances it