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Sustainable Investing: A Practical Guide for Museums – Part 1
Earlier this year a guest post on this blog advocated for museums harnessing their endowments to mission-related goals through a financial practice known as impact investing. In today’s post, Anna Raginskaya, Financial Advisor, Blue Rider … -
Sharing the Wealth: Museums as Equity Engines
Recently, I’ve been speaking of museums as banks—repositories of enormous wealth of reputation, knowledge, and influence, in addition to the sheer value of their endowments. I’ve advanced the thesis that by managing this wealth as a type … -
Collecteurs: Social Responsibility and Accessible Art
Regular readers of this blog know that I’m always on the hunt for museum-like organizations that live just slightly outside the traditional museum sphere. Such business can illuminate public demand, explore new business models, and test … -
Trading Labor for Food
As I revisit my “diary of the future” from a decade ago, I find myself examining how my speculative vision of 2019 has converged with or diverged from reality. Some of my stories were, unfortunately, spot on. Anti-immigrant … -
When a Private Museum Has Massive Public Support
Even before the 2008 financial collapse only 56 percent of museums received support from local government, and that funding made up about 10 percent of their overall operating budget. The most recent financial analysis by Grantmakers in … -
From For-Profit to Nonprofit: Evolution of the International Spy Museum
Next up in my exploration of museum business models, a conversation with Tamara Christian, president of the International Spy Museum. The Spy Museum is the first museum I’ve found that has operated as both a for-profit and a nonprofit … -
In Which Penny and Frank Wash Up at the Villa
The best part of futuring is inviting other folks to play along. For the fifth entry in my 2008 diary of the future, I recruited my real-life companions to contribute to the plot, and they jumped in with gusto. (Thank you Penny!) We … -
(Co)Working in a Museum
In a 2017 post on this blog, Tui Te Hau, the director of the Te Papa museum’s Mahuki innovation accelerator, offered some advice for museums considering starting their own coworking spaces. In today’s post Cindy Foley, Executive Deputy … -
My Story Part 4: How to Get Trapped in a Tuscan Villa
Ten years ago, when I wrote my fictional diary of 2019, I used the scenario created by the Institute for the Future for the Superstruct forecasting game as a lens through which to reexamine my daily life. On the way to work, I’d … -
When Museum Neighbors Include Neighbors without Homes
TrendsWatch 2019 draws attention to the rising rates of homelessness across the world, including the U.S., and profiles the work of several museums working specifically with and for people experiencing housing insecurity. But many museums, …
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Advocacy Alert
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