Forecasting a budget shortfall of as much as $100 million, the Met is looking into taking the unprecedented step of looking for creative ways to use its $3.6 billion endowment reserves to pay its expenses.
Wednesday, April 01, 2020
In a Reversal, the Metropolitan Museum of Art Is Considering Dipping Into Its $3.6 Billion Endowment to Cover Costs
Forecasting a budget shortfall of as much as $100 million, the Met is looking into taking the unprecedented step of looking for creative ways to use its $3.6 billion endowment reserves to pay its expenses.
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