The Momentary - Bentonville, Arkansas - Feb 22, 2020

City Bankruptcy Sparks More Attention on Detroit Institute's Art

  • July 22, 2013 18:56

  • Email
Detroit Industry, north wall, Diego Rivera, 1932-33, fresco.
Detroit Institute of Arts

The city of Detroit filed for bankruptcy on Thursday, throwing the spotlight once again on the valuable art collection at the Detroit Institute of Arts.

With Detroit straddled with an estimated $19 billion debt, the city's emergency manager, Kevyn Orr, has looked into an appraisal of the DIA's renowned collection of 60,000 objects with the possibility that some works will be sold to pay down city debt.

The museum-world has been in an uproar over the possibility.

Michigan Atty. Gen. Bill Schuette declared in June that the DIA's art can not be sold as it is in the public trust. Also in June, Michigan state Senate passed a bill that would stop any sale of art unless the items were transferred to a comparable institution, but the state's House of Representatives has yet to pass the bill.

DIA has issued a statement:

"Like so many with deep roots in this city, the Detroit Institute of Arts (DIA) is disappointed that the Emergency Manager determined it was necessary to file for bankruptcy. As a municipal bankruptcy of this size is unprecedented, the DIA will continue to carefully monitor the situation, fully confident that the emergency manager, the governor and the courts will act in the best interest of the City, the public and the museum. We remain committed to our position that the Detroit Institute of Arts and the City of Detroit hold the DIA’s collection in trust for the public and we stand by our charge to preserve and protect the cultural heritage of all Michigan residents."


  • Email

More News Feed Headlines

Sotheby’s set a new world auction record for any work of Impressionist art when Claude Monet’s iconic ‘Meules’ sold for $110.7 million in New York on May 14, 2019.

Top Execs to Exit Sotheby's in Latest Shake-Up

  • Page Six / December 4th, 2019

Several top executives at Sotheby's will be leaving, some voluntarily and some not, according to party buzz at the ...

Read More...
Rose and Thistle, furnishing fabric, William Morris, 1881, England.  Museum no.  T.634-1919.  © Victoria and Albert Museum, London

Pantone Color of the Year 2020 Is a Classic Blue Familiar in Art and Antiques

  • ArtfixDaily / December 4th, 2019

For 20 years, PANTONE has chosen a color that the company anticipates will be on trend for the year ahead. For 2020, ...

Read More...
A 1913 poster by Cornelia Cassady Davis for women’s suffrage, in "The Art of Protest."

A Well-Timed New Book Examines 'The Art of Protest'

  • ArtfixDaily / December 2nd, 2019

Protest art is in the spotlight, both on streets across the globe and in a new book surveying a 100-year history. ...

Read More...
EDWARD HOPPER, CAPE COD MORNING, 1950.  Oil on canvas, 86.7 x 102.3 cm.  Smithsonian American Art Museum, Gift of the Sara Roby Foundation © Heirs of Josephine Hopper / 2019, ProLitteris, Zurich Photo: Smithsonian American Art Museum, Gene Young

'Step Inside' Edward Hopper Artworks With 2 Kinds of 3-D Experiences in Museum Shows

  • ArtfixDaily / December 1st, 2019

Edward Hopper's seemingly stark and angst-y paintings of 20th-century America are hitting chords with audiences ...

Read More...

Related Press Releases

Related Events

Goto Calendar

ARTFIXdaily Artwire