LACMA Spent $102 Million on Art
The Los Angeles Times has just posted a facts-and-figures-filled interview with Michael Govan. Most surprising fact: LACMA has spent $102.4 million on art acquisitions over the past three years. That's purchases, not just the value of gifts. This figure would seemingly move LACMA to near the forefront of museum-acquisitors, behind the Getty and the Met (though it's anyone's guess what Govan will be able to raise going forward). It's worth noting that the Lazarof collection was a combined gift and purchase, with the amounts undisclosed.