Tuesday, January 6, 2009

IMA Cuts Budget by $1.7 Million

The Indianapolis Museum of Art (IMA) has announced budget cuts for the current fiscal year of $1.7 million because of the challenging economy, reports Inside INdiana Business.

IMA Chief Executive Officer and Melvin & Bren Simon Director Max Anderson says a museum-wide salary freeze and hiring "frost" are in place, meaning it will only hire on an exceptional basis. Anderson says no staff cutbacks are planned. Other cost saving measures include delaying the 100 acres nature park project until 2010 and possibly reducing museum hours.

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