Met Museum Operating Deficit Grew To $8.4M In ’08-’09

“At least 250 employees,” or 14 percent of the staff, “were fired or took buyouts as the museum reported that its investments declined by more than $600 million, or 24 percent,” according to the museum’s 2008-09 annual report. “Designated gifts by donors plunged by 46 percent to $43.1 million, according to the report.”