In my experience, I believe that the public generally presumes that collecting lots of "rare: stuff and maybe telling the stories about that stuff is what a museum does. But what happens when the museum doesn't have the resources, for whatever reason, to continue to tell stories despite the reality that it has collected lots of "rare" stuff, aka "assets". In the case of the Berkshire Museum, use its tangible assets to create cash. After all, assets are, by definition, "property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies".
And, despite all kinds of objections from different stakeholders and court involvement, the Berkshire Museum announced this week that it has gone into its collection and sold enough of its stuff to raise $53 million. And now the board is committed to moving forward and telling new stories.
Clearly the Museum board was bound to answer two questions: is it in the collection business or story-telling business. I would pose that the board chose the story-telling business. Can it really do this without the items it now no longer owns? That is of course the question all museums must ask when they make such a bold move. And is there really an incorrect answer? This the public must decide.
Here's the story from the Boston Globe:
Berkshire Museum finishes controversial art sales, raising $53 million
The Berkshire Museum has completed its controversial sale of artworks. According to an announcement by the Pittsfield museum on Tuesday, it has sold 22 pieces of art for a total of $53.25 million, including Norman Rockwell’s “Shuffleton’s Barbershop” and “Blacksmith’s Boy,” two of the museum’s most famous works.
Funds from the sale will be used for refurbishing and repairing the building, as well as for the museum’s endowment. On Monday, the board of trustees approved work starting those repairs.
“We are moving forward having secured the future of this museum for generations to come,” Elizabeth McGraw, president of the board of trustees, said in a prepared statement. “Our work ahead is focused on making this Museum ever more interesting, inspiring and engaging to the broad community in the region it serves and consistent with our unchanged mission.”