As reported by Supertouch, the Museum of Contemporary Art (MoCA) in Los Angeles has been hemoraging money and is now facing a grim 2009. In addition to running through 20 million dollars in unrestricted funds and borrowing over 7 million dollars to keep their heads above water, donations have slowed down tremendously. Check over at Supertouch for the full article.
Los Angeles' Museum of Contemporary Art (MoCA) Facing Ominous 2009
November 20th 2008