News Articles Library Event Photos Contact Search

Displaying items by tag: buget

When Aimé Maeght, a French art dealer, lost his young son to leukemia in the 1950s, a trio of formidable modern painters—Georges Braque, Joan Miró and Fernand Léger—persuaded him to turn the family’s summer retreat above the hills of Nice into an artists’ haven. The Marguerite and Aimé Maeght Foundation is 50 years old this month, and still bears abundant traces of the artists who made it happen: a magical Miró labyrinth, mosaics and stained glass by Braque. Its collection of 12,000 works includes 35 sculptures by Alberto Giacometti, as well as masterpieces by Pierre Bonnard, Marc Chagall, Miró, Léger and Alexander Calder, among others. On average, 200,000 visitors tour its colourful galleries and garden every year.

Behind the idyllic exterior, though, the institution is vulnerable. The foundation is finding it hard to raise its €3m ($4m) annual budget.

Published in News

In his 2015 fiscal year budget, President Obama increased federal appropriation requests for the Smithsonian Institution and the National Gallery of Art. The Smithsonian, which received a $45 million increase over 2014, will put a portion of the funds towards its new National Museum of African American History and Culture, which is slated to open towards the end of 2015. Proposed funding for the National Gallery of Art increased $7 million from the previous year. The President’s budget has allotted $140 million for salaries, expenses, and renovations.

President Obama allotted $146 million for the National Endowment for the Arts (NEA), the same amount requested in 2014. The NEA is an independent federal agency that funds and promotes artistic excellence, creativity, and innovation for the benefit of individuals as well as communities.   

Appropriations could change once congressional appropriation committees review President Obama’s budget.

Published in News