Print Page   |   Sign In   |   Join Now
What's New: AAMC News & Announcements

AAMC Supports AAMD Resolutions

Wednesday, April 15, 2020   (0 Comments)
Share |

April 15, 2020--NYC-- The Association of Art Museum Curators (AAMC) supports the emergency resolutions announced today by the Association of Art Museum Directors (AAMD) in acknowledgement of the impact that the current pandemic crisis is having on the nonprofit art community. The resolutions in place today through April 10, 2022 outline how art museums may use the restricted funds held by some organizations, specifically endowment funds, trusts, and donations.

The AAMC’s policy remains that funds from deaccessioning art should only be used for new acquisitions and conservation of the collection.  However, we support the resolution that the income (not principal) from funds generated by deaccessioned works of art may be considered for general operations, including necessary expenses such as staff compensation and benefits. 


AAMC will not admonish, during this time period of 24 months, an institution for deciding to pursue an option in the resolutions. AAMC does not censure curators for an organization’s unethical and irresponsible decisions.  More information on our policy and guidelines is available in our Professional Practices for Nonprofit Art Curators, downloadable at https://www.artcurators.org/page/ProfPractices.  


AAMC concurs that flexibility and responsiveness are necessary at this time, and changing guidelines for a 24-month period as outlined in AAMD’s resolutions is advisable.  AAMC reminds museum leadership that legal requirements and jurisdictions applicable to the museum and any particular fund take precedence. Additional information on the resolutions is available on the AAMD website.

 



Association Management Software Powered by YourMembership  ::  Legal