nina munk

Money pit

The good news is that the Met reduced its operating deficit for 2008-2009 to $1.3 million, down from $12.2 million a year earlier. The bad news is the company’s assets fell by $72.6 million (down to $422.7 million) primarily because of investment losses. In other news, the Met paid James Levine a bit more than […]

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United we…?

We’ve all had a rough time in the last few years; but cultural institutions have had it worse than they could have possibly imagined. With a business model that relies entirely on private donations to achieve fiscal viability, the challenge to make ends meet has never been greater. 

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