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As Thousands of Smaller Museums Face Risk of Permanent Closure Due to COVID-19, Mellon Announces Second Round of Art Museum Futures Fund Grants

12/14/2020

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Press Release from The Andrew W. Mellon Foundation. Published 12/14/2020
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​NEW YORK, NY, December 10, 2020 – With the financial state of US museums in peril amid the ever-changing global pandemic, The Andrew W. Mellon Foundation today announced the second round of the Art Museum Futures Fund, distributing additional emergency COVID-19 grants totaling $3 million to provide much-needed support to small arts and cultural institutions across the US. 

As COVID-19 continues to surge across the US, art museums are losing millions of dollars in revenue, leaving about one-third of all institutions at risk of permanent closures, according to a recent survey by the American Alliance of Museums. Smaller institutions are far less able to rely on endowments to survive the financial burden of the COVID-19 crisis. The Art Museum Futures Fund’s second round of grants will be distributed to 14 small-sized arts museums with strong and long-standing commitments to the local community and social justice. Grants will be used to support general operations. 

“America’s small-sized arts and culture institutions sustain their communities by providing access to transformative and wide-ranging artistic contributions while also preserving many different histories and cultural legacies,” said Elizabeth Alexander, President of the Mellon Foundation. “As the pandemic continues to threaten the future viability of museums that have long been underresourced, we must do our part to strengthen support for these organizations and the trenchant work they tirelessly undertake to enrich and expand our American story.”

The Mellon Foundation launched the Art Museum Futures Fund in September 2020 with the distribution of nearly $24 million to 12 midsized arts museums and cultural organizations across the country facing unprecedented financial obstacles as a result of the pandemic. With today’s announced grants supporting smaller museums, Mellon’s contribution to the Art Museum Futures Fund totals $27 million, furthering the Foundation’s commitment to funding the recovery of art institutions as they adapt to the ongoing financial obstacles posed by the pandemic. 

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  • Home
  • About us
    • Mission
    • Board of Directors
    • Current Members >
      • Institutional Members
      • Individual Members
    • Contact
  • Membership
    • Types >
      • Institutions
      • Patrons
      • Friends
    • Benefits
    • Member Spotlights >
      • Metropolitan Museum of Art, New York City
      • Mingei International Museum
      • Virginia Museum of Fine Arts
      • Heard Museum
      • Hillwood Estate, Museum & Gardens
  • News
  • Events
    • Philadelphia 2025
    • Tucson 2024 >
      • Forum
    • Atlanta 2024 >
      • Forum
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    • Tips for Trustees
    • IDEA Resources & Information
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