Museum of Modern Art Raising Admission and Membership Fee

The Museum of Modern Art, faced with what it calls “escalating costs in virtually all aspects of operating the museum,’’ is raising its admission price to $25 for adults from $20, where it has been since 2004. The change takes effect on Sept. 1. Admission will remain free for children 16 and under; the charge for full-time students will rise to $14 from $12.

MoMA is following the Metropolitan Museum of Art. In June the Met announced that its suggested admission price would rise to $25 from $20 starting in July. Unlike the Met’s suggested fee, MoMA’s is mandatory. Membership rates for the Museum of Modern Art are rising as well, as of Nov. 1. Individuals will have to pay $85 to be a member rather than $75; a dual membership will be $140 instead of $120, and it will cost a family $175, up from $150.

“These carefully considered increases in admission prices will help ensure that the museum is able to maintain financial stability and a balanced budget,’’ a statement from the museum said.