Skip to main content

Thank You 500,000 readers

NYC's Met Working Through Financial Difficulties

The METROPOLITAN MUSEUM of ART in New York City is taking measures to rebound from more than a year of internal turmoil and financial difficulties, the Associated Press reports. Is the MET a GREAT institution in Decline eventually in collapse?
Following the logic of Republicans it would be okay, as long as taxes are reduced for those who avoid to contribute to the state taxes ... that serve the community.
And if so, a collapse, what is happening to the art? Given to SOTHEBY´s for an auction? Will the artwork of Jean-Théodore Dupas, his grand NORMANDIE St.Gobain panels "Char de Poseidon" be on the market? The MET is only subsidised by the city of New York.
by Earl of Cruise
CHAR DE POSEIDON - courtsey METROPOLITAN MESUM OF ART, New York
CHAR DE POSEIDON, carton displayed in the MuMa, Le Havre - courstsey Musée d´art modern André Malraux, Le Havre
My concern is a general, not only the art made for NORMANDIE.
The METROPOLITAN MUSEUM of ART, a behemoth of culture and wealth, is rebounding from more than a year of internal turmoil and financial problems. But we should make no mistake, there’s no immediate danger to the museum, which has endowments of $3 billion. But what if it would come to?
We’ve had financial challenges - significant ones - over the last couple of years that have culminated over the past year, and a rather significant need to reorganize the institution and to retrench our finances,” said Daniel Weiss, the museum’s president.
About 100 staff positions have been eliminated through buyouts and layoffs. The number of special exhibits staged each year is being slashed from 55 to about 40. A $600 million new wing that had been planned, but not fully financed, is postponed indefinitely. Instead, the Met will be focusing on more pressing capital needs, Weiss said, including spending as much as $100 million to replace a block-long “ocean of bad skylights” built in the 1930s over art galleries.
The deficit is not high compared to the total budget, but remember, these numbers are not just about the money: Donors want to back a winning story, and any indication that it’s not makes them skittish,” said Andrew Taylor, an arts management expert at Washington-based American University.
Here I do see a problem, these donations are done to please the donors, and with the special exibition their names are famed. This is not what preserving art for the future as the heritage it is should be.
In Europe we have the museum scene organized by public foundings out of taxes and eventually entrance fees added. F.e. the Musée d´Art Moderne in Paris. And for a special exibition about a special artist, art period or such, there is an entrence fee. The museums are dedicated to a special "theme" or art period.
METROPOLITAN MUSEUM OF ART - courtesy METROPOLITAN MUSEUM OF ART
And surprisingly it works well. And there is no risk for bancrupcy at least and loosing the art presented and attracting tourists and/or visitors. Because of this founding system, Dortmund, the city where I am living, has a number of different museums with interesting exibitions. Dortmund itself is an industrial city, that had to fight against declining (dying) after the loss of the montan industries ... but with the museums we got more attractive for investors and employees here. A private only financed museum scene would not do such things at all.
When the industry is leaving the city has no chance to become attractive again ... we all can see it in former industrial boom towns as Detroit or Pittsburgh ... where clean coal decrets won´t help, as exiting the Paris Agreement.
The details of how the fees would work are the subject of talks with the city, which gives the museum $27 million in subsidies annually. The city also owns the museum site in Central Park and has approval rights for entrance policies.
Met director and chief executive Thomas Campbell stunned the art world in February by announcing his resignation, amid criticism of the museum’s financial management.
It was clear we were on a path that was not sustainable, and if we didn’t deal with it, it was going to get worse in a hurry,” said Weiss, who took the reins from Campbell and is now the interim CEO.
He blamed the museum’s financial problems on “a perfect storm” of money-sucking factors: too many costly special exhibitions; restaurants and gift shops where revenues declined; and public programming that was overly ambitious.
As part of the MET´s efforts to address a $15 million operating deficit, the museum filed a formal proposal earlier this month with New York City to charge - for the first time in its 147-year history - visitors from outside New York State a mandatory admissions fee. A fee of $25 (for adults), the same as the museum's current suggested contribution, would be in line with admissions fees at other New York art institutions, including the Museum of Modern Art and the Solomon R. Guggenheim Museum, both of which charge $25, and the Whitney Museum of American Art, which charges $22. For the record seven million people who visited the MET in 2016, 67 percent were from out of state, while 39 percent were visitors from abroad.
Admissions fees might help ease the current budget deficit, which was about 5 percent of the $315 million in operating costs in 2016.
Angeleka Kunath, 64, visiting from Hamburg, Germany, said: "I feel foreigners should pay and would gladly do so to keep the Met running at its best. The price is worth it. Art is so important for our lives and humanity; it gives us inspiration it brings people together."
Ken Wilson, 60, who was visiting from Greensboro, North Carolina, said: "I don´t think anyone would have a problem paying to get in. It’s amazing and educational,” he said. But he said it was unfair that New Yorkers would get a discount. And with the search for its new director underway, the museum could maybe discuss cutting the high six-figure salaries of its top executives.
The details of how the fee would work is the subject of talks with the city, which, in addition to providing the museum with $27 million in subsidies annually, owns the museum site in Central Park and has right of approval over its admission policies. New York City mayor Bill de Blasio has given general support to the idea, saying it was "fair" for non-state residents to pay something.
Daniel H. Weiss, the MET's president and COO, blamed the museum's financial problems on "a perfect storm" of too many costly special exhibitions, public programming that was overly ambitious, and declining revenues from its restaurants and gift shops. Weiss is serving as interim CEO following the announcement in February of director and CEO Thomas P. Campbell's resignation, effective June 30.
Over the past year, the museum has eliminated about a hundred staff positions through voluntary buyouts and layoffs, slashed the number of special exhibits it stages annually from fifty-five to about forty, and  indefinitely postponed construction of a $600 million wing that had been planned but not fully financed. "Instead, the museum will focus on more pressing capital needs," Weiss told the AP, including spending as much as $100 million to replace a block-long "ocean of bad skylights" built in the 1930s.
"We've had financial challenges - significant ones - over the last couple of years that have culminated over the past year," said Weiss, "and a rather significant need to reorganize the institution and to retrench our finances."


Comments

Popular posts from this blog

Ocean Liners in Movies or Films at Sea (updated Nov 2017)

For liners and the shipping companies movies and films had been a top marketing tool Movies or Films and liners at sea, had been intriguing me since I have read about in my youth in LUXUSLINER - BILDER EINER GROSSEN ZEIT by Lee Server ( THE GOLDEN AGE OF OCEAN LINERS ). But earlier, mot only since my first crossing, I was keen watching movies with liners in it, and disapointed, which was an understatement, when I realized the films have been made in a set ashore in some movie "factory". That was after my first crossing.   by Earl of Cruise an essay in progress `Sabrina´, Humphrey Bogart in the office, while LIBERTÉ is sailing out of New York harbor - screenshot Ocean liners, especially those of the luxury category, had been the location of dramas, love stories, thrillers, suspense and catastrophies sinde film was born, or nearly. In this list, the most descriptions are taken from Wikipedia, as I guess no one can expect having seen all these films ... otherwise I w...

Destination - Capri, Dolce Vita and Legends - a cruise on board ANDREA

Capri filled with legends, over boarding beauty and Italian `dolce vita´ More than 190 years after the German painter August Kopisch's `discovery´ of the Grotta Azzurra in 1826, Capri ( it is pronounced `KAH pree´, with an accent on the first syllable ) is the most sophisticated island in the Mediterranean. The sound of its name evokes nostalgia, beauty and enthusiasm. And more so, each one of us can and will find its `own´ Capri. by Earl of Cruise Grotta Azzura on Capri - Source: Atlantide Phototravel © Corbis During a Mediterranean cruise from Barcelona to Venezia on board the yacht like ANDREA of ELEGANT CRUISES & TOURS one of the beautiful destinations has been Capri ... Early morning, approaching Capri - © Earl of Cruise Capri smells of sweet life, light moments, riches and pomp. It is the island of love and happiness. Capri is the place for yearning, dreams and wonderful craziness. Capri is a myths in the Mediterranean Sea, unique and tender,...

HISTORY - Traveling with airliner LZ 129 HINDENBURG was the most luxurious airtravel

The real airliner LZ 129 HINDENBURG enabled the most luxurious airtravel for decades. Imagine, gliding through the air while the landscape or the sea below can be seen ... LZ 129 HINDENBURG marks the climax of airship construction. On May 6, 1937, the story of civilian airship ended in a tragedy. In Lakehurst, New Jersey, the largest flying object and has been with the similar sized LZ 130 GRAF ZEPPELIN II the most luxurious of all time. How this came about can be reconstructed logically, a series of fatal physics concatenations . The airship LZ 129 HINDENBURG marks the climax of airship construction. It was in its time the fastest and most exclusive traveling object between Europe and America. The challenges of the construction of the giant of the heaven were immense. by Earl of Cruise LZ 129 HINDENBURG, 1936, in Lakehurst - digital copy of a coloured cover photo, originally by Bill Schneider, published in Dan Grossman´s book ` ZEPPELIN HINDENBURG: AN ILLUSTRATED HI...

ss NORMANDIE 1935 - 1942 IX

s s / te NORMANDIE starting from cold Owners: COMPAGNIE GÉNÉRALE TRANSATLANTIQUE BUILDERS: PENH Ö ET, St. Nazaire, France   by Stephen Carey © , editing by Earl of Cruise   This document is almost exclusively about the engineering aspects of NORMANDIE , mainly on how to start her up from cold. If you are looking for photos of the passenger spaces, there is a plethora of them on the web, in Facebook groups - Admirers of the ss Normandie , ss Normandie photographic file , The French Ocean Liners / Les Paquebots Fran ç ais , ss Normandie , GREAT LINERS OF THE PAST & PRESENT , and others, Pinterest and in articles about NORMANDIE here in the blog, please see at the end of the article. Using "ss" for NORMANDIE is quite incorrect, as NORMANDIE was a Turbo Electric vessel and not a steamship, therefore NORMANDIE should be adressed as "te".   by Earl of Cruise te / ss NORMANDIE berthed in Le Havre, Gare Maritime May 29th, 1935 - colouring courtesy ...

Heritage - ORIENT EXPRESS living history

The living legend ORIENT EXPRESS ORIENT EXPRESS, its name alone is evoking dreams and longings. Immediately one is remembered  about Agathe Christie and her brilliant crime novel - ` Murder on the ORIENT EXPRESS ´ - and we see Hercule Poirot and the suspects. by Earl of Cruise Click here for luxury rail travel 2018 With the ORIENT EXPRESS to Venezia (Mit dem Orient Express nach Venedig) - still from a German TV documentation, PHOENIX When in 1883 the first Express train of a new formed luxury train company, founded by its brainchild Georges Nagelmakers, Paris left for, at first Giugiu in Romania, left, Mr. Nagelmakers may have dreamed, that his luxury express train should become the synonym for luxury, comfort and speed. And indeed the ORIENT EXPRESS turned into the Queen of Trains - often copied, but never outdone in its fame. Alone the destination, the Orient, was a place of longing and dreams. And that very train fulfilled those dreams within a short time. No ...

Liners - Can classic ocean liners make a comeback

Classic ocean liners, crossing the oceans, had been for long time the only way to cross the seas. A comeback of ocean liners for real? When in 2010 the Islandic volcano Eyjafjallajökull did errupt, and all flights that would come near his ash-clouds had to be cancelled, people had been trapped on each side of the pond ... And immidiately all available cabins on containerships had been booked, cruise vessels sailing either to the Americas or Europe had been flodded by desperate travellers to get to their destination ... Going by ship was in those days the only way to cross. It did show a certain, but temporary neccessity of liner traffic. But unfortunately we did not have any longer a frequent crossing possibility by ship - Transatlantic liners, liners per se had gone, gone with the wind of history and technical progress in air flight. Is an ocean liner comeback possible? by Earl of Cruise rms QUEEN ELIZABETH 2 © Beken - own collection, copy from a postcard CUNARD held the ...

Heritage - Voyage of the Damned on St.LOUIS

St.LOUIS sailed in May 1939 with Jewish refugees to Cuba, a voyage known today as the VOAYAGE of the DAMNED. On May 13, 1939, the German liner St.LOUIS sailed from Hamburg, Germany, for Havana, Cuba. On the voyage were 937 passengers. Almost all were Jews fleeing from the Third Reich. Most were German citizens, some were from eastern Europe, and a few were officially "stateless". Basicly the journey was a fraud, set up by sinister Propaganda Minister Josef Goebbels and his staff, to showcase nobody is interested in wanting Jews among them ... and till a seeming bitter end the free countries played in the Nazis directed game as they wished ... by Earl of Cruise based on Holocaust Ecyclopedia´s article St.LOUIS, sister ship of MILWAUKEE, were motorships of HAMBURG AMERIKA LINIE which served on different lines for HAPAG, as well on cruises - collection Earl of Cruise The majority of the Jewish passengers had applied for Cuba tourist visas and US immigration vi...

The modern Black Gang

Stewardesses and Stewards are the modern " BlackGang " by Earl of Cruise  Stokers on board USS MASSACHUSETS - source Wikipedia The men working in the bowels of the steamers had been named Black Gang. these where those men with the hardest labour - bringing the coal form the bunkers to the furnasses and filling them. This ardous labour became obsolete, when the steamer and turbine furnasses became oil fired - cleaner, fewer men and no longer heat and coal dust drenched air. The living conditions, when free from their shifts, had been similar ardous - cramped sleeping rooms, no light and less air, and few washing rooms and toilets. The loan was less than acceptable. Despite some some first class travellers made their way in these aereas, as into third class, to "slum a bit", for whatever their reasons may have been, or tipping the men of the Black Gang for harder work making a fast voyage. DAS TOTENSCHIFF , B. Traven, bying , In 1959 it was adapted int...

HISTORY - ss LA BOURGOGNE - Women and Children last

What had happend on sinking LA BOURGOGNE? Why had been so few women and children been rescued ? by João Martins , editing by Earl of Cruise ss LA BOURGOGNE - editors collection From our viewpoint of today we see this disaster of ss LA BOURGOGNE as one of egoism and the right of the stronger, with no "heroism", or stepping back for the weak to be saved. And we blame the crew for not doing their duty ... Are we allowed to judge? Are we allowed to chide? Are we alowed to claime it as typical ... for the seamanship of France - I have heard and read so! - ?  No, we have not been on board.  This tragedy is not the place to be chauvinistic! And looking in todays world we see a lot of chauvinism again and egoism! The ss LA BOURGOGNE was a 7,395 GRT French ocean liner built by the FCM in Toulon for the Transatlatic mail and passenger service of Cie. Gle. TRANSATLANTIQUE and completed in 1886. She was an iron and steel construction, 150 metres long, had two funnels an...

HISTORY - The Royal Mail Ship TAHITI

While researching for some Tahiti and French Polynesia related articles, I came across this Wikipedia article about a small, lesser known steamship, which served as a "mail boat" in the South Pacific - rms TAHITI . editing by Earl of Cruise Beside the big liners on the main routes, especially the North Atlantic, on "side routes", which had been and are important for the international trade, we find countless numbers of ships. These smaller, unimpressive ones are the back-bones of each shipping entity. Most of these vessels had been combined passenger and freight liners - so PORT KINGSTON, later TAHITI. For its last owner the vessel sailed across the Pacific from Sydney to California and back. rms TAHITI sailing the Pacific - Source: Wikipedia TAHITI was a 7,585 ton ocean liner operated by the UNION STEAMSHIP COMPANY OF NEW ZEALAND . Built in 1904 on Clydebank by the shipbuilders ALEXANDER STEPHEN & Sons , she was named rms Port Kingston until 1911....