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museums finances

Museums worldwide are urgently searching for new financial models as government funding declines, wealthy patrons pull back, and corporate sponsors face pressure. A global study published in January by the International Research Alliance on Public Funding for Museums found that in 37 percent of responding countries, 71 to 100 percent of museums now receive most funding from private sources. Institutions are exploring endowments, new revenue streams, and collaborative approaches, with the Louvre becoming the first French museum to create an endowment fund in 2009, raising €175 million. The $85 trillion Great Wealth Transfer offers hope, but next-generation donors prioritize transparency and meaningful engagement over prestige.

ravensburger victory leonardo vitruvian man puzzle

Germany's Stuttgart Higher Regional Court ruled that Ravensburger, a German toy manufacturer, can continue using Leonardo da Vinci's *Vitruvian Man* (c. 1490) in its puzzles, dismissing a claim by Italy's Culture Ministry and the Gallerie dell'Accademia di Venezia. The Italian plaintiffs had sought a licensing agreement under a domestic cultural heritage law, arguing that commercial use of the image required their authorization, even outside Italy. The ruling reverses a 2022 Venice court decision that had ordered Ravensburger to stop production. The Italian parties may appeal to the German Federal Court of Justice.

Arts Groups Speak Out Against US Trade Representative’s Potential New Tariffs

The U.S. Trade Representative, Jamieson Greer, has launched a Section 301 investigation into 60 countries to determine if forced labor practices create unfair trade advantages. This move follows President Trump’s continued push for sweeping tariffs after previous attempts were struck down by the Supreme Court. Major art organizations, including the Association of Art Museum Directors (AAMD) and Heritage Auctions, are formally petitioning for works of art and antiquities to be exempt from any resulting duties.