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Wednesday, March 25, 2009

Monclair Museum (NJ) announces financial plan

from Art Daily (3/25):

The Montclair Art Museum Launches Financial Security Plan

"MONTCLAIR, NJ.- In response to the current sharp economic downturn, the Montclair Art Museum (MAM) has conducted a strategic review of its operations and capitalization, culminating with the recent adoption by its Board of Trustees of a long-range financial security plan. The plan calls for expense reductions, including reductions in hours for staff; a major capital campaign; and a deaccessioning campaign to support future art acquisitions." ...

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