Posts Tagged ‘endowment’

The Chronicle continues: More Museums Cut Hours, Exhibitions & Staff

September 14, 2009

At the top of the list, reflecting a drop in the value of its endowment, the Metropolitan Museum of Art in New York is cutting down on the number of major loan exhibitions.  Such borrowed exhibitions tend to be quite expensive and the museum apparently intends to reduce the number of the larger of these shows by up to 25%.  Other avenues of raising funds are also being considered.  The Met has long had a recommended (voluntary) general admission fee, but Director Thomas Campbell has reportedly not ruled out entry fees for special exhibitions. Staffing cuts occurred earlier in the year.

The Cleveland Museum of Art cut its budget, but apparently not the number of its employees.  The museum has seen a 30% drop in funding and intends to cut costs, including salaries, to make up the gap.  The museum is continuing with a $350m renovation and expansion.

LSU Museum of Art has cut at least one exhibition from its schedule after learning that its budget has been slashed by 20%.  The museum is also ending its free admission program and will now charge $6 for students and $8 for others.

Detroit Institute of Art is facing the cut of $6 million in funding from the state of Michigan.  The cuts will reportedly come primarily in the form of reductions in staff and operating costs.

The Miami Art Museum has cut staff after a 10% reduction in operating costs but is continuing with a $220 million expansion project.

This listing is just a fraction of the art institutions that are affected by the broader economic conditions and other related organizations, notably local historical and science museums, have been hard hit as well.  Smaller institutions tend to rely on state funding and considering the current situation, are a prime target for the legislative budget axe – with the ultimate result being a limitation on public access to art.

Image:  The Arthur Sackler Gallery at the Metropolitan Museum of Art, Chinese Art (permanent exhibition).