January 26, 2009

Brandeis to Sell Art to Pay the Bills

Rocked by a budget crisis, Brandeis University will close its Rose Art Museum and sell off a 6,000-object collection that includes work by such contemporary masters as Roy Lichtenstein, Andy Warhol, and Nam June Paik.

And other things, as draconian, are on the drawing board. Read more in The Boston Globe article.

I hope we do not see too many more of these kinds of decisions. But I am afraid that we will. What we have seen so far is likely just a small part of what is in store as educational institutions try to maintain their core mission or even their very existence in the face of economic disaster.

Posted by Duane Smith at January 26, 2009 8:28 PM | Read more on Current Events |

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Comments

I wonder if the whole Madoff scandal hurt Brandeis as well. Jewish nonprofits were one of his biggest resource pools. I'm hoping that they at least keep Warhol's portrait of Judge Brandeis.

Posted by: Jim Getz at January 27, 2009 6:17 AM

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