Through Art Market & You, Art From Us provides you Analysis, Opinion and Factual Reports regarding the current on-goings of the Global Art Market. In this article, we explore No Donation for the Portland Museum of Art.
Money Matters at the Portland Museum
Art collector Eleanor G. Potter breathed her last in 2015, but not before removing the Portland Museum of Art from her will. Now, the museum is suing the new primary beneficiary, AnneMarie Germain. Germain was Potter’s caretaker during the period preceding her demise.
The Portland museum runs primarily on donor funds. If it weren’t for the changes in Potter’s will, the museum would have received about $2 million. A very generous sum of money indeed. However, the museum is now accusing Germain of foul play, saying she forced Potter into changing the will. Germain on the other hand claims that the former lawyer of the deceased, Matthew Goldfarb, made Potter put the museum in her will in the first place.
The case will go to trial in July. Until then, we’re left wondering if this is truly a case of foul play. Or do the people at Portland Museum just have sour feeling to having lost out on donor funds. The problem is especially relevant as cultural institutions world over face severe cuts in public funding. And face a dwindling visitor count. How indeed will museums survive.
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