I don't have any specifics regarding museum income to share privately, so I'm
just sending a general remark to the list.  Closing a museum is serious
business, and your board should chew on the following.  Laws vary, but in
many jurisdictions museum trustees or boards have a fiduciary responsibility
to keep a museum going, and they can't just close up shop when the going gets
rough.  Museum collections are held in trust for the public.  That means in
part that trustees are entrusted with a legal responsibility.  There are
cases in which trustees actually have been threatened with jail for letting a
museum go under.  That's something to think about...

David Haberstich

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