E-Book, Englisch, 273 Seiten, eBook
A History of Fiscal Abandonment and Rescue
E-Book, Englisch, 273 Seiten, eBook
Reihe: Palgrave Studies in American Economic History
ISBN: 978-3-319-45219-7
Verlag: Springer International Publishing
Format: PDF
Kopierschutz: Wasserzeichen (»Systemvoraussetzungen)
Abt describes how the Detroit Institute of Arts became the fifth largest art museum in America, from its founding as a private non-profit corporation in 1885 to its transformation into a municipal department in 1919, through the subsequent decades of extraordinary collections and facilities growth coupled with the repeated setbacks of government funding cuts during economic downturns. Detroit's 2013 bankruptcy underscored the nearly 130 years of fiscal missteps and false assumptions that rendered the museum particularly vulnerable to the monetary power of a global art investment community eager to capitalize on the city's failures and its creditors' demands.
This is a remarkable and important contribution to many fields, including non-profit management and economics, cultural policy, museum and urban history, and the histories of both the Detroit Institute of Arts and the city of Detroit itself. Despite the museum's unique history, its story offers valuable lessons for anyone concerned about the future of art museums in the United States and abroad.
Zielgruppe
Research
Autoren/Hrsg.
Weitere Infos & Material
1. The Detroit Museum of Art.- 2. The Detroit Institute of Arts, the Founders Society, and the City.- 3. Building Additions, Detroit's Decline, and State Rescue.- 4. Failed Plans, Fresh Crises, a New Relationship.- 5. New Starts, then Detroit's Bankruptcy.- 6. Valuing Art, Trusts, and Return to the Beginning.- 7. Epilogue.