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Soaring in Art, Museum Trips Over Finances
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http://www.nytimes.com/2008/12/05/arts/design/05moca.html?re...
Submitted by
ckellis
11 months, 3 weeks, 5 days, 13 hours agoThis article published in the New York Times on December 4, 2008 was written by Edward Wyatt and JORI FINKEL. It talks about how ten years ago, LA's Museum of Contemporary Art appointed a classically trained curator to ensure that art rather than business would be kept at the forefront. However, by putting money at the bottom of the to-do list, the museum put itself in a financial hole, having its endowment shrink to about $6 million from nearly $50 million in 1999. Click to read more.
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