Did The Art World Get Too Big? (And Now What?)

“The conspicuous consumption that has fuelled the art market is umbilically linked to the conspicuous philanthropy that has fuelled much of the growth in contemporary art museums throughout the US, the Middle East, South East Asia and Europe. These institutions have been significant beneficiaries of the growing and, to many, morally indefensible disparities of wealth throughout the world. It has left them heavily reliant on, and overly attuned and attentive to, a narrow constituency whose long-term appetite or capacity for support is highly questionable.”

Major Staff Cuts At Met Museum

The MMA revealed “that it would lay off more than a quarter of its merchandising staff, eliminating 74 jobs in addition to 53 already cut over the last year. It also warned that the worsening economy would most likely force it to shrink its overall work force by 10 percent – as many as 250 full- and part-time jobs in all – before the summer, including some in curatorial and other pivotal departments.”

Was Location The Downfall Of Las Vegas Art Museum?

“The Las Vegas Art Museum closed indefinitely last month because it was broke. After 59 years, there was no endowment, no public funding and little community involvement. The abrupt closure sparked heartache and anger among longtime supporters. But the fact that there are only about 1,000 museum members and little attendance in a region of 2 million residents illustrates the disconnect between the Las Vegas Art Museum and the community.”

Art Institute Of Chicago Hikes Price Of Admission By 50%

“Come May 23, the cost of admission to the Art Institute of Chicago will jump by 50 percent–$18 instead of $12–after the Chicago Park District Board unanimously approved the museum’s request for the steep increase Wednesday. … The increase comes less than three years after the museum instituted mandatory admissions fees, in June 2006.”