Cleveland Museum of Art Plans $600 M. Fundraising Campaign to Sustain Museum’s Long-Term Health

The Cleveland Museum of Art announced a $600 million fundraising campaign titled “For the Benefit of All the People,” aimed at supporting the museum’s long-term financial health and sustaining priorities such as exhibitions, education, digital access, and maintaining free general admission. The campaign, launched internally in January 2023, seeks $400 million in cash and $200 million in art, and the museum said it is nearly 80% complete with $351.5 million committed toward cash and more than $128.5 million in gifts and promised gifts toward art. Director William M. Griswold cited rising operating costs and evolving visitor expectations as key drivers, noting the CMA’s commitment to free entry compared with $30 adult admission at institutions including the Metropolitan Museum of Art, LACMA, and the Museum of Fine Arts Boston. The campaign includes broad trustee support, with gifts ranging from $5 million to $10 million and a largest single gift of $40 million, and it follows a $25 million donation from former board chair Ellen Stirn Mavec that helped generate $100 million through the Chair’s Challenge.

Read the full article at ARTnews.com

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