""I'm proud that we've doubled the endowment," he continued. "We're about to triple it. But I'm also really proud about the way that it's happened. Around 10 percent of the endowment right now has come through the Fund for Black Art. We decided not to just spend down money that was given by Jorge Pérez and the Knight Foundation. We turned it into an endowed fund and are only spending the proceeds of the interest.""
""We have proved to be the people's museum in Miami, in a place that has been much more well known for its private collections,""
""A year and a half ago, [the state of Florida] declared statewide zero funding for the arts. Which is sad.""
""We have much work to do, because people really have to know that arts are important across the board, to everyone," Sirmans added in his Times interview. "I say let's do what we have to do to make sure that other people feel the same way.""
Pérez Art Museum Miami doubled its endowment and is poised to triple it, with around 10 percent coming from the Fund for Black Art. Donations from Jorge M. Pérez and the Knight Foundation were converted into an endowed fund to preserve capital and spend only interest proceeds. The collection has grown to just above 3,500 works. Digital initiatives include PAMM TV and collection digitization. Florida cut statewide arts funding in 2024, with some restoration later. The museum aims to expand public engagement and demonstrate the broad importance of the arts.
Read at ARTnews.com
Unable to calculate read time
Collection
[
|
...
]