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Why Sell When You Can Rent?

July 1, 2011 by Marion Maneker

Judith Dobrzynski reports that the fate of the Rose Museum at Brandeis University is now settled. But the institution has not given up on the idea of realizing financial value from the art collection. There are good fees to be generated by loaning works from the Rose to exhibitions around the world:

“The Rose remains open, and it has an important role to play in the life of Brandeis,” Fred Lawrence, the university’s president, told The Art Newspaper. “There are no plans to sell art.” Further, he added, the lawsuit, brought by four Rose board members and donors to prohibit any sales in Suffolk Probate and Family Court in Boston, was terminated, and the Massachusetts Attorney General has closed the case.

Lawrence declined to rule out another option that has been considered, however, that the Rose might raise money by “renting out” part of its collection. “We’re exploring options, but I’m focused on the 50th anniversary of the Rose this year, with planning traveling exhibitions, and with bringing supporters back to the museum,” he said.

Rose Art Museum Lawsuit Settled (The Art Newspaper)

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Filed Under: Museums

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