Bigger Not Always Better for Many Museums

  • June 28, 2012 13:03

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The American Folk Art Museum

A new study shows that cultural institutions are prone to overexpanding, and the results are sometimes financially disasterous.

According to the study by the Cultural Policy Center at the University of Chicago, more than $16 billion was spent by cultural organizations on building projects between 1994 and 2008.

Case studies show that renovations and expansions are not always needed, with the outcome being a lack of demand for the new project or insufficient funds to complete construction.

Read more at New York Times


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