Los Angeles Museum Rebounds From Financial Woes



2015-07-06 11:45:36

Three years after one of Los Angeles’s major contemporary art museums teetered on the financial brink, the Museum of Contemporary Art said Tuesday it has rebuilt its endowment to at least $100 million—up from $18.5 million in 2010. Tthe museum’s board said its latest fundraising campaign has proved more successful, achieving its $100 million goal by the end of 2013, its self-appointed deadline.
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