The New Criterion
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Notes & CommentsMarch 2007 MOMA & money On the enviable position of a museum director. The next time you pony up $20 to get into the Museum of Modern Art, you might want to pause to consider what those dollars are underwriting. It’s not just the museum’s $850 million building campaign. It is also the $1.28 million the museum pays its director, Glenn D. Lowry. (That was in 2005; doubtless the figure was higher in 2006.) Now $1.28 million might seem like a tidy packet, but it is apparently insufficient for the director of MOMA (who, by the way, lives rent free in Museum Tower), for it turns out that some of the museum’s trustees, including David Rockefeller and Agnes Gund, created a slush fund, er, trust fund that paid Mr. Lowry over $5 million between 1995 and 2003. Nice work if you can get it. This article originally appeared in The New Criterion, Volume 25 March 2007, on page 3 Copyright © 2012 The New Criterion | www.newcriterion.com http://www.newcriterion.com/articles.cfm/moma-money-2605
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