Abstract
New initiatives for art museum inclusivity seek better engagement of more (and more kinds of) visitors with better art. This is expensive, requiring more and better-trained staff and possibly more exhibition space, and budget constraints are tight. Major museums that typically display a small percentage of their collections are misallocating their capital assets among buildings, art holdings, and programming. They can generously fund inclusivity initiatives by recognizing the value in this underused asset, and deploying tiny percentages of it to collectors and small and regional museums that will show it, often to underserved communities. A good first step would be to recognize the collection in the balance sheet.
Presenters
Michael O HareProfessor, Goldman School of Public Policy, University of California, Berkeley, California, United States
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
2023 Special Focus—Museum Transformations: Pathways to Community Engagement
KEYWORDS
Art Museums, Collections, Accounting, Innovation, Deaccessioning, Asset management
