Tina K. Russell

December 12, 2008

The Physical Impossibility of Debt in the Mind of a Museum Curator

Filed under: Uncategorized — Tags: , — Tina Russell @ 10:10 pm

Museum of Contemporary Art in Los Angeles at Financial Turning Point – NYTimes.com
Yet by putting art ahead of the bottom line, the Museum of Contemporary Art has nearly killed itself. The museum has operated at a deficit in six of the last eight years, and its endowment has shrunk to about $6 million from nearly $50 million in 1999, according to people who have been briefed on the finances.

You know, I’d think cutbacks would be really easy at a postmodern art museum. Would anybody notice?

(And doesn’t an empty exhibit just make a big statement?)

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