Selling Art to Pay the Bills Divides the Nation’s Museum Directors

The New York Times (NYT) (03/19/2021)
  • A year ago, the Association of Art Museum Directors (organization of 220 largest North American Art museum directors) temporarily suspending its policy forbidding members from “deaccessioning,” or selling art collections.
  • The two-year policy suspension implemented during the COVID pandemic has sparked internal debate.
  • While supporters of deaccessioning point out the costs of maintaining quality works, opponents counter that sales hurt the non-profit, educational image of museums.
  • Critics also point out that sales could turn-off wealthy collectors from donating works and hurt charitable contributions.