Saturday, November 28, 2009

"They have focused much more on the overseas market, and particularly the American market, since about 2000"

The Wall Street Journal: "Iconic cultural institutions like the Tate, the Mariinsky and the Louvre all have set up American or international 'friends groups' in the last decade, in part to cash in on donations coming from the U.S. and to allow American supporters to take advantage of domestic tax write-offs."

Some previous thoughts on these "friends" groups here.