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Metropolitan Museum receives $23m to endow internship programme

On 30 April, the Metropolitan Museum of Art announced a $23m pledge from the Rubio Butterfield Foundation, led by newly elected trustee Jennifer Rubio and her husband Stewart Butterfield, to permanently endow the museum's internship program. The internships, offered for nearly 30 years with 100 participants annually, have only been paid since 2021. The article also explores broader trends in museum philanthropy, featuring insights from former directors Gary Vikan, Gary Tinterow, and Maxwell Anderson on how donors are often guided to fund endowments for curatorial positions, operations, or awards rather than art acquisitions.

America’s Museums Have a Building Problem

A new report from the Government Accountability Office, analyzed by The Art Newspaper, reveals that roughly 85 percent of American museums are dealing with deferred maintenance or major repair needs, and about 77 percent have at least one structural issue that could endanger their collections. Many of the country's 16,700 museums are small, under-resourced operations housed in aging or historic buildings, with half reporting over $100,000 in deferred maintenance. Basic repairs like roofs or HVAC systems can consume large portions of annual budgets, forcing some institutions to store artworks in makeshift spaces like garages or bathrooms.

Art Problems: WTF Is an A-Corp?

The article explains the concept of an Artist Corporation (A-Corp), a new business structure for artists introduced in a bill before the Colorado state legislature, originally proposed by entrepreneur Yancey Strickler. It allows artists to form a legally recognized business entity without hiring a lawyer, simply by filling out a form, and provides liability protection by separating personal assets from business assets. The bill is expected to reach the governor's desk by mid-May and be enacted within six months, with five or six other states, including New York, expressing interest.