All articles tagged with #arts organizations
Lois Kirschenbaum, a frugal opera fan who left a $200k bequest to support young singers, has posthumously revealed savings of $4 million, much of which will go to arts organizations, but none to the Metropolitan Opera, which banned her from the backstage in the 1990s.
Executives at some of America's most influential arts organizations, including the Museum of Modern Art, Los Angeles County Museum of Art, Metropolitan Opera, New York Philharmonic, and Solomon R. Guggenheim Foundation, receive generous compensation packages that can exceed $1 million annually. These packages often include perks such as free luxury housing, first-class travel, and allowances for social clubs. However, the challenges faced by nonprofit arts organizations, particularly during the pandemic, have led to increased scrutiny of pay and expenditures, resulting in some executives taking pay cuts.