Course blog for American University PERF-570, Fall 2014
Detroit is out of bankruptcy! Which is amazing, since prospects for the city were looking extremely dim. At many times during negotiations, creditors of the city look to the DIA Museum in Detroit to sell some of its multi-billion dollar collection to pay back on the debt. The collection was alas saved as art advocates and the museum itself fought ferociously to keep the masterpieces in the city of Detroit. As part of the big deal, the Detroit Institute of Art will have to pay $100 million towards the city’s pension fund, and the museum has happily stated it is already well on its way to meeting that goal.
Yesterday, Andrew briefly mentioned how arts organizations may find themselves doing completely different things than they intended to do, and I’m sure adding a line in the budget for city worker’s pensions was not something in the original DIA charter. Yet on the other hand, when trying to show people how the arts play a crucial and relevant role in their lives, this can be the biggest thing an arts organizations has done. Helping to save the workers of Detroit who were hit tremendously hard during the economic crash of 2009 and are still on a long, hard road to full recovery, seeing a museum who bears the cities name happily support the city in which it is situated, in my opinion, can greatly help the relationship between the arts and community which is something I think museums have strived to do, but have ultimately failed at achieving.