New York Museums Reopen with Financial Strain and Staff Cuts
Museums in New York are beginning to reopen following closures due to COVID-19, grappling with financial setbacks and workforce reductions. According to the American Alliance of Museums, the sector contributes $50 billion annually to the U.S. economy, suffering daily losses of $33 million during the shutdowns, with a possibility that one-third may not resume operations. The Metropolitan Museum of Art reopened on August 29, implementing limited visitor capacity, a 20% workforce cut, and salary reductions, while the Met Breuer has closed permanently. MoMA reopened on August 27 with timed entry and a 17% staff decrease, and MoMA PS1 lost 47 out of 64 employees. The Whitney reopened on September 3 with a pay-what-you-wish model, reporting $7 million in losses. The New Museum is set to open on September 15, facing $2.9 million in losses and salary cuts. The Guggenheim will reopen on October 3, anticipating a $10 million deficit, while the Brooklyn Museum reopens on September 12, having incurred $7.6 million in losses.
Key facts
- New York museums lost $33 million per day during COVID closure
- One third of American museums may not reopen
- Met reopened Aug 29 with 20% staff reduction
- MoMA reopened Aug 27 with 17% staff reduction
- Whitney reopened Sep 3 with 76 staff laid off
- New Museum opens Sep 15 with $2.9 million losses
- Guggenheim opens Oct 3 with $10 million projected deficit
- Brooklyn Museum opens Sep 12 with $7.6 million losses
Entities
Artists
- Donald Judd
- Agnes Pelton
- JR
- Max Hollein
- Daniel H. Weiss
- Lisa Phillips
- Richard Armstrong
Institutions
- The American Alliance of Museums
- The Metropolitan Museum of Art
- The Cloisters
- Met Breuer
- Frick Collection
- MoMA
- MoMA PS1
- Whitney Museum of American Art
- New Museum
- Solomon R. Guggenheim Museum
- Brooklyn Museum
- Artists for Workers
- Artribune
Locations
- New York
- United States
- Queens
- Midtown
- Meatpacking District
- Brooklyn
- East River
- Madison Avenue