Some things just must be cleared up by the New Year, yes? Like what’s happening at the Los Angeles Museum of Contemporary Art, which threw up its hands last month and cried out for help as its financial position (or at least its endowment) withered away to next to nothing (well, $7 million or so).
The New York Times’ Edward Wyatt reports that the MoCA board will decide today whether it will merge with the Los Angeles County Museum of Art or go it alone with “help” from Eli Broad, who has offered MoCA what amounts to a $15 million matching grant to rebuild its endowment and funding for five years of exhibitions (at $3 million per year).
Continue reading A scatter: Museums, bridges, noses, money