Former MoMA chief voices concern for future of non-profit US museums
Glenn Lowry, the influential former director of the Museum of Modern Art (MoMA) in New York, expressed deep concern that non-profit U.S. museums could lose their tax-exempt 501(c)(3) status under the Trump administration. Speaking on the podcast "The Art World: What If…?!" hosted by Charlotte Burns, Lowry warned that the federal government is prepared to exert significant power to achieve its ambitions, potentially revoking the tax exemption that he calls the "magic wand" behind America's robust cultural programming. His comments follow a House bill passed in November that would allow the Treasury Secretary broad powers to revoke non-profit status, though the bill has stalled in the Senate.