Tag: Finances

After Fake Basquiats, Orlando Museum Faces ‘Severe Financial Crisis’

The Orlando Museum of Art, which mounted a major Basquiat exhibition of works that were later exposed as forgeries, is facing a large shortfall amid high legal fees.

January 12, 2024
Can Stony Brook University Balance Equity and Ambition?

Stony Brook University, one of two state schools designated as flagships, has aggressively fund-raised and recruited students.

December 30, 2023
A Private Liberal Arts College Is Drowning in Debt. Should Alabama Rescue It?

Birmingham-Southern College was on the verge of receiving a multimillion-dollar loan, but the state treasurer balked, saying it was not a justifiable use of taxpayer money.

December 27, 2023
Turmoil at Penn and Harvard Highlights the Power Politics of College Donors

Donations to U.S. universities reached $59.5 billion last year, and they come increasingly from a smaller group of wealthy donors. Many of them expect their money to buy a voice in university affairs.

December 13, 2023
Off Broadway, a Vital Part of New York Theater, Feels the Squeeze

The small theaters that help make the city a theater capital are cutting back as they struggle to recover from the pandemic.

December 5, 2023