"Well, I'm very concerned. I think that [(501(c)3) status] is the magic wand that allowed this country to develop one of the most robust cultural programmes in the world...I think we are looking at a federal government that is prepared to exert a great deal of power, or authority, in order to achieve a set of ambitions."
"every museum in this country that is a not-for-profit is federally funded through its tax exemption"
"They may not receive a direct subsidy, but they operate through a federal programme, right? So, that's a consideration I'm sure that many make..."
Glenn Lowry expressed strong concern that repeal or revocation of 501(c)(3) status would threaten the financial foundation of US museums by removing federal tax-exempt support tied to charitable and educational purposes. A House bill would give the Treasury Secretary broad authority to revoke nonprofit status, though it has stalled in the Senate. Museums rely on tax exemption as a form of federal funding even without direct subsidies, influencing institutional decisions about programming and public stances. Institutions are reassessing how to navigate political sensitivities while still delivering cultural programmes amid potential changes to nonprofit protections.
Read at The Art Newspaper - International art news and events
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