Posts tagged as:

Eli Broad

MOCA Claims It Will Triple Its Endowment

by Corinna Kirsch on March 27, 2013
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But where will this money come from? And when? And from whom?

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Art Fairs: The View From The Top

by Whitney Kimball and Will Brand on December 10, 2012
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What a turd. Reporting from Art Basel Miami Beach, New York Times writer Patricia Cohen gets the exclusively super-rich take on class war. Unsuprisingly, they don’t get what the big deal is.

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The Zell Family Foundation Gifts $10 Million to the Museum of Contemporary Art Chicago

by Corinna Kirsch on November 1, 2012
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Publishing and real estate baron Sam Zell just boosted his rank in the Billionaire Boys Club. Yesterday, the Museum of Contemporary Art Chicago announced that Zell plans to donate $10 million to the museum.

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MOCA Will Create an Endowed Chief Curator Position

by Corinna Kirsch on August 8, 2012
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In a letter to trustees, MOCA’s executive committee announced it would steer its curatorial department in a new direction by hiring a chief curator to replace Paul Schimmel. According to the letter first published on Bloomberg, MOCA will form a search committee once “the necessary financial commitments [are] in place for a special curatorial fund to endow the position.” The change follows public outcry against MOCA’s prior decision to leave the chief curator position unfilled, thereby consolidating curatorial duties to Jeffrey Deitch, the museum’s director.

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Former MOCA Chief Executive Charles Young Tells Eli Broad to Fire Jeffrey Deitch

by Corinna Kirsch on July 27, 2012
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Is this the beginning of the end for the Deitchstag?

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More Fire at MoCA: An Art Museum Without Artists [UPDATE]

by Whitney Kimball on July 16, 2012
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MoCA’s controversial forced resignation of Paul Schimmel can officially be upgraded to SOS. In a series of open letters and public resignations, MoCA board members have spent the past week letting the museum know what they think of its decision.

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An Essay About Nothing by Eli Broad

by Paddy Johnson on July 11, 2012
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That Sunday L.A. Times op-ed by MoCA Trustee Eli Broad does not sit well with me. The whole piece is supposed to explain Chief Curator Schimmel’s departure, but how it does so is up to the reader to piece together. Broad lays out exactly ten paragraphs of history, none of which have anything to do with Schimmel. Mostly, the piece serves to tell us that Broad wasn’t around when the financial crisis started in the 90’s, though he has been around to oversee its rebound. Broad points to the great progress MoCA’s made; It has built its endowment back up and increased its attendance numbers. He fails to mention that this year MoCA put nothing towards its endowment, and offers no context for the shows he tells us lost money.

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Why Would MoCA Fire Chief Curator Paul Schimmel?

by The AFC Staff on June 28, 2012
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The Museum of Contemporary Art Los Angeles Board of Trustees voted unanimously last night to fire Paul Schimmel, their Chief Curator of over twenty years, ArtINFO reports. The publication received an anonymous email last night informing them of the decision, but have yet to hear from the MoCA. As of the time of this writing MoCA has not returned our request for comment.

According to the email, Schimmel was let go in conjunction with a number of curatorial assistants and other employees. This news comes just four years after wealthy benefactor Eli Broad pledged to donate up to $30 million over five years to the museum with “the expectation that the museum’s board and others join in this effort to solve the institution’s financial problems.” At the time, it was hailed as “the billionaire’s bailout” for the museum, which suffered losses in investments due to the stock market crash. Broad will match contributions to the endowment up to $15 million, and make annual donations of $3 million earmarked for exhibition support.

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