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Museum of the City of New York

Now with No Backer, the South Street Seaport Museum Struggles

by Clara Olshansky on June 26, 2013
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This week, the Museum of the City of New York announced they will pull out of their now 27-month (originally 18-month) project to put the South Street Seaport Museum back on its feet. Under the City Museum’s leadership, the Seaport Museum was finally emerging from its decades-long downswing, but that was before Superstorm Sandy hit in last October. Now, with $22 million worth of damage, the museum needs to find a financial backer or this historic Manhattan institution will fall into the hands of the New York attorney general.

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Survivability Report: The American Folk Art Museum and the Seaport Museum

by John Gawarecki-Maxwell on January 17, 2012
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2011 wasn't a great year for either the Seaport Museum or the American Folk Art Museum. The two museums have been in dire financial straits for the past several years, struggling to keep rising operating costs down while bleeding admissions and memberships. We took a deeper look at their finances to figure out what these museums’ prospects look like.

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