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This book explores the perilous situation that faced the Detroit Institute of Arts during the city's bankruptcy, when creditors considered it a "nonessential asset" that might be sold to settle Detroit's debts. It presents the history of the museum in the context of the social, economic, and political development of Detroit, giving a history of the city as well as of the institution, and providing a model of contextual institutional history. Abt describes how the Detroit Institute of Arts became the fifth largest art museum in America, from its founding as a private non-profit corporation in 1885 to its transformation into a municipal department in 1919, through the subsequent decades of extraordinary collections and facilities growth coupled with the repeated setbacks of government funding cuts during economic downturns. Detroit's 2013 bankruptcy underscored nearly 130 years of fiscal missteps and false assumptions that rendered the museum particularly vulnerable to the monetary power of a global art investment community eager to capitalize on the city's failures and its creditors' demands.

Public administration. --- Economic history. --- Urban economics. --- Culture - Economic aspects. --- Economics. --- Cultural Economics. --- Urban Economics. --- Non-Profit Organizations and Public Enterprises. --- Public Administration. --- Economic History. --- Art museums --- Economic aspects --- Detroit Institute of Arts --- Economic aspects. --- Detroit (Mich.) --- Economic conditions --- Art --- Art collections --- Art galleries --- Galleries, Art --- Galleries, Public art --- Picture-galleries --- Public art galleries --- Public galleries (Art museums) --- Galleries and museums --- Museums --- Detroit Arts Commission. --- Detroit Institute of Arts of the City of Detroit --- Detroit. --- Detroit (Mich.). --- Detroit Institute of Art --- Instituto de Artes de Detroit --- DIA --- Detroit --- Diṭroiṭ (Mich.) --- Deṭroyṭ (Mich.) --- Town of Detroit (Mich.) --- Arts facilities --- Detroit Museum of Art --- Nonprofit organizations. --- History, Economic --- Economics --- Administration, Public --- Delivery of government services --- Government services, Delivery of --- Public management --- Public sector management --- Political science --- Administrative law --- Decentralization in government --- Local government --- Public officers --- Corporations, Nonprofit --- Non-profit organizations --- Non-profit sector --- Non-profits --- Nonprofit sector --- Nonprofits --- Not-for-profit organizations --- NPOs --- Organizations, Nonprofit --- Tax-exempt organizations --- Associations, institutions, etc. --- Cities and towns --- City economics --- Economics of cities --- Culture—Economic aspects. --- Detroit Institute of Arts. --- 2000-2099 --- Michigan --- Detroit Arts Commission. Detroit Institute of Arts --- Detroit. Institute of Arts --- Detroit (Mich.). Institute of Arts --- City of Detroit (Mich.) --- Culture

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This book explores the perilous situation that faced the Detroit Institute of Arts during the city's bankruptcy, when creditors considered it a "nonessential asset" that might be sold to settle Detroit's debts. It presents the history of the museum in the context of the social, economic, and political development of Detroit, giving a history of the city as well as of the institution, and providing a model of contextual institutional history. Abt describes how the Detroit Institute of Arts became the fifth largest art museum in America, from its founding as a private non-profit corporation in 1885 to its transformation into a municipal department in 1919, through the subsequent decades of extraordinary collections and facilities growth coupled with the repeated setbacks of government funding cuts during economic downturns. Detroit's 2013 bankruptcy underscored nearly 130 years of fiscal missteps and false assumptions that rendered the museum particularly vulnerable to the monetary power of a global art investment community eager to capitalize on the city's failures and its creditors' demands.

Sociology of culture --- Economics --- Public administration --- Firms and enterprises --- Economic geography --- World history --- cultuur --- economie --- non-profitsector --- economische geschiedenis --- kapitalisme --- administratie