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Museum assets in red; Loss greater than forecast; net worth minus $4 million
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Milwaukee Public Museum officials released new financial figures
Tuesday showing a loss of $10.4 million in fiscal 2005, leaving the
institution's overall net worth $4 million in the red as of Aug. 31.
The one-year asset drop was outlined in an annual review by an
outside auditing firm and was 67% higher than projections presented
two months ago by top museum officials to the museum's board.
The earlier estimates had predicted a $6.2 million asset reduction
in 2005 that would hav...
Related newspaper, magazine, and journal articles from HighBeam Research
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Museum officials say crisis is over; But others say its finances aren't out of danger yet
The Milwaukee Journal Sentinel
; After more than two turbulent years in which the Milwaukee Public Museum's continued existence was in jeopardy, museum officials are proclaiming a triumph over the financial crisis that brought it to the brink. Several major contributions helped the 125-year-old institution lift itself from a sea
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Saving museum, for now
The Milwaukee Journal Sentinel
; ... thousands of dollars a year on its gift shops and building rentals. Copyright 2005, Journal Sentinel Inc. All rights reserved. (Note: This notice does not apply to those news items already copyrighted and received through wire services or other media.)
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Losses at museum are less than thought Many items returned, but who was behind major thefts still debated
Oakland Tribune
; BAGHDAD, Iraq -- Even though many irreplaceable antiquities were looted from the National Museum during the chaotic fall of Baghdad last month, museum officials and American investigators now say the losses seem to be less severe than originally thought. Col. Matthew F. Bogdanos, a Marine reservist
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 "The News & Record (Piedmont Triad, NC)")
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SIT-IN MUSEUM IN LEGAL DISPUTE< MUSEUM OFFICIALS ARE LIMITING THEIR COMMENTS AND ARE NOT NAMING NAMES.(TRIAD)
The News & Record (Piedmont Triad, NC)
; ... counter on Feb. 1, 1960, sparking a nationwide movement for integration. News of the arbitration follows a string of setbacks for the museum. In June ... first surfaced in 1994. Contact Margaret Moffett Banks at 373-7031 or mbanks@news-record.com
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Eastport Museum Wants to Expand; Seeking More Funds for McNasby Site
The Washington Post
; For the past nine years, the Annapolis Maritime Museum has squeezed into a tiny, four-room house next to the warehouse-size McNasby Oyster Co. Now museum officials want to expand their operations into the 90-year-old vacant seafood processing plant. Earlier this month, they persuaded the state to
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