The Los Angeles Museum of Contemporary Art announced Thursday that it has raised $60-million since December, an achievement officials hailed as evidence that the downtown institution is rebounding from financial straits that led to layoffs and canceled shows earlier this year, the Los Angeles Times reports.
The figure includes $30-million pledged by the Eli and Edythe Broad Foundation in December, when the museum’s dire situation became public. The museum also announced that two disgruntled trustees who quit in the fallout from the financial crisis have returned to the board.
In other arts news, The Washington Post reports on the controversy over the iconic singer-songwriter Leonard Cohen’s concert in Israel Thursday to raise money for a charity he founded to support groups promoting Israeli-Palestinian co-existence. Groups opposing Israeli policies in the West Bank and Gaza have called on international artists to boycott the country.
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