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IMA cutting budget; art, nature park stalls
The Indianapolis Museum of Art has announced a raft of cost-cutting measures and project delays as it braces for a tough 2009. The museum board agreed to $1.7 million worth of in-year cuts, as well as a similar reduction plan for the next fiscal year, mostly from departmental overhead and expenses, including...
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- News Source: Uinta County News | 11 months agoArts groups in the city are cutting their budgets or delaying projects in response to falling donations, ticket sales and the stock market woes' squeeze on their endowments. The Indianapolis Museum of Art has seen its endowment drop by $57 million in...
- News Source: The Indianapolis Star | 11 months agoThe global economic crisis isn't just affecting automakers, homeowners and banks...In the past two months, the Indianapolis Museum of Art has seen its endowment drop by $57 million, causing the museum to implement a raft of cost-cutting measures and...
- News Source: The Indianapolis Star | 11 months agoThe Indianapolis Museum of Art has announced a raft of cost-cutting measures and project delays as it braces for a tough 2009. The museum board agreed to $1.7 million worth of in-year cuts, as well as a similar reduction plan for the next fiscal year,...
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