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Folk Art Museum Staves Off Demise

You’d be forgiven if you thought that the American Folk Art Museum had already closed its doors forever. It certainly looked like that was where things were heading not so very long ago, especially after the museum was forced by a drastic budget shortfall to sell its building on West 53rd to MoMA last year and shift its operations to a much smaller storefront on the Upper West Side. Buoyed by a few million in recent donations, however, the museum announced yesterday that its immediate future is “reasonably secure”; also, it’s got a new exhibition up, Jubilation/Rumination, that will be on display until September. (FULL ARTICLE: Philip Boroff, Bloomberg BusinessWeek)

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