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Judith H. Dobrzynski on Culture

A New Model Of Museum Financing

MonroeI will have more to say on the subject in a subsequent post, but for now I would just like to link to an article I have written that will be published in tomorrow’s Wall Street Journal. It’s a Cultural Conversation with Dan L. Monroe, the executive director of the Peabody Essex Museum in Salem, Mass.

In it, Monroe outlines his thinking behind the museum’s current $650 million fundraising campaign, the bulk of which will go to PEM’s endowment. He has challenged the conventional wisdom that it’s too hard to raise big money for endowments.

Ok, his thinking may not work for all museums, but my article is definitely worth a read for anyone who cares about the financial stability of museums.

More coming, but not tonight…

 

 

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About Judith H. Dobrzynski

Now an independent journalist, I've worked as a reporter in the culture and business sections of The New York Times, and been the editor of the Sunday business section and deputy business editor there as well as a senior editor of Business Week and the managing editor of CNBC, the cable TV

About Real Clear Arts

This blog is about culture in America as seen through my lens, which is informed and colored by years of reporting not only on the arts and humanities, but also on business, philanthropy, science, government and other subjects. I may break news, but more likely I will comment, provide

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