American Folk Art Museum’s Hopes For Survival Fade

“The museum has defaulted on its construction bonds, moved into its old, smaller space near Lincoln Center and is talking of dissolving and transferring its collections to another institution. … [The] museum’s descent into financial trouble is a parable about how poor decisions and unfortunate timing can undermine even the most noble of ambitious undertakings.”

Inside Job: Art Institute Of Chicago Makes Acting Director Permanent

“Douglas Druick, a 26-year veteran of the Art Institute of Chicago, was named its director this morning following an early morning meeting of its board of directors. Druick had been the museum’s interim director since July 1 following the unexpected resignation of James Cuno, who left the Art Institute to head the J. Paul Getty Trust.”