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Financial health of art museums

Posted: Sun Jan 07, 2018 12:55 pm
by Joseph Malkevitch
Dear Colleagues,

For those who enjoy going to art museums there has been a recent steep rise in admissions cost. The Metropolitan Museum of Art in NY had maintained a pay as much as you want admission policy with a "recommended" amount to pay. This was recently changed so that people from outside New York State will be charged $25, the "recommended" voluntary amount that was in place recently. Of course, art lovers not constrained by matters of cost are not affected but perhaps poorer people will not as easily able to enrich their lives by coming to the MET because of the cost. (For two adults one can buy a nice art book for less than $50. And one then owns the book.)

In another realm, some art museums are taking to selling the art that was donated to them to make ends meet. Here is a recent article about that development:

https://marketdesigner.blogspot.com/201 ... rt-if.html

Regards,

Joe