The Museum of Science and Industry or MOSI for most of Florida's natives has been dealing with a string of financial troubles. While the museum is currently located off Fletcher Avenue next to the University of South Florida Tampa campus, they are planning to move to downtown Tampa. While Florida is one of the largest tourist destination in the country known for its theme parks and local haunts, the museum is one of those haunts only a small handful of people really know about.

Downtown Tampa renovation

Tampa, Florida is known for its business dealings. Tampa Bay Lightning owner, Jeff Vinik, has plans installed to redo the entire downtown section of Tampa. Currently the completion of the boardwalk in Tampa stretches all the way down to the Tampa Museum of Modern Art. There have also been additions of apartment complexes and plans to work on the site where a former Donald Trump tower was set to be in place before the real estate crash.

MOSI's move comes into play when the owners of the museum and Jeff Vinik met and discussed moving to downtown Tampa and incorporating the museum into the design.

MOSI has been losing money this year. Its goal of raising $3.5 million USD fell short and has left them with nearly $1.3 million USD in deficit. The prices for tickets to MOSI have also dropped by 20 percent. Many schools in the Tampa area often use the museum to encourage kids in careers such as science or technology.

But while this move is plagued by money troubles, the open space across from USF may show an interest in the school and their option to expand. The USF Tampa campus has its own Polytechnic school.

Cost to move

It is not going to be easy to move to downtown. MOSI has thought of ways to combat the money troubles by playing the upcoming "Star Wars: Rogue One" in its IMAX theater, a theater that provides surround sound and captivating movies on a large projected screen that expands the length of the wall the audience faces.

Administrator Mike Merrill of Hillsborough County says that while the loss of money is a big concern, the plans have not been finalized yet. Until then, the MOSI museum must find ways other than showing Star Wars films to minimize the deficit.

The museum rejected the proposed loan from the county that started at $400,000 USD to fund their museum independently. They remain closed on Mondays during the school year, but they also are finding alternatives to work on finding a break-even amount of money without relying on county assistance.

MOSI's president and CEO Molly Demeulenare says that MOSI will not dip or ask for federal assistance in achieving its goals for the year, and that MOSI plans on keeping it that way.

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