Share:Roland Augustine 19.11.08 Issue 196 – The Art Newspaper Art museums large and small depend on donations from art collectors to build and sustain their collections. By creating a tax incentive for these donations—donors receive a tax deduction for the fair market value of works of art they donate—the US Congress has supported the development […]
Share:US budgets slashed, programming reduced and expansions haltedJason Edward Kaufman 8.1.09 Issue 198 – The Art Newspaper NEW YORK. A survey of art museums across the US has found that most institutions have lost at least 20% of the value of their endowments and directors are retrenching amid the worsening economic crisis. The survey of […]
Share:Jason Edward Kaufman 8.1.09 Issue 198 – The Art Newspaper Museums make deep cuts in face of global financial crisis The Getty Trust president James Wood says its endowment has fallen by 25% from the $5.98bn reported on 30 June 2008—a $1.5bn loss—and that despite having made budget reductions and lay-offs last May before the […]
Share: BOSTON, MA – The textile trade between Great Britain and India flourished in the 17th century, and the influence of India and Southeast Asia upon British interior design could be found in a wide range of household objects, from soft goods such as bed hangings and wall coverings, to ceramics, and decorative screens. While […]
