MoCA receives $3 million donation
on Friday,December 17,2010 16:12
Young adults with an interest in the arts may want to visit a museum to learn more about their passion. However, many facilities lack the funding to provide learning resources to individuals.
Recently, the Massachusetts Museum of Contemporary Art (MoCA) received a $3 million donation to make sure young adults with a love for performance art can keep dancing, according to the Berkshire Eagle. Irene Hunter's family provided the funds to assist the MoCA with its operating costs, among other bills, in her honor.
"This is a glorious day for Mass MoCA," director Joseph Thompson told the news source. "We're so used to saying that we run this museum with no cash reserves, no money in the bank and no endowment. This incredible gift from the Hunter family ends the campaign we started [to raise money]."
The museum has managed to raise more than $36 million since 2007. More than $18 million goes to the MoCA endowment, which covers 13 percent of its annual operating costs.
The median annual salary for artists, including painters, is approximately $29,000, according to the Bureau of Labor Statistics.
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