Word: nonprofiteers
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...nonprofit corporation focuses on "teaching dance and theater to children in an after-school setting," said Joan Green, executive director of the project...
...York City's Solomon R. Guggenheim Museum was in trouble. Money was tight; the museum's famous Frank Lloyd Wright-designed building was falling apart; exhibitions were uninspired; donors were losing interest. Enter Thomas Krens, armed with a degree in nonprofit management from Yale. As the Guggenheim's new director, he offered the board of trustees a stark choice: Preserve funds and run the museum conservatively, or attack. "If you want a vital institution," he said, "change has to take place on so many fronts that it's likely to be bewildering...
...really a visionary," says Arthur Levitt Jr., former head of the American Stock Exchange and a Guggenheim board member. "But he's breaking some eggs in the art community." Krens' business-school jargon and management style offend many in the traditionally genteel, nonprofit world of museums. Says Hilton Kramer, editor of the New Criterion, a monthly arts review: "Krens has so far proven himself to be a complete disaster. His conception of a museum is all about expansion. He's a perfect example of what happens to a major cultural institution when it is given over to a bureaucrat...
Leaders of the nonprofit Commission for the Creation of the Yanomami Park were jubilant, praising Collor for his courage. "This is the best news of my life," Claudia Andujar, the commission's coordinator, said last week. The Yanomami, the largest tribe still living in a primitive state in the Americas, offered no comment...
...rate of inflation. What used to be upheld as things of beauty or objects of veneration are increasingly traded like zero- coupon bonds or pork-belly futures. According to U.S. government estimates, "art theft is a $2 billion-a-year business," says Constance Lowenthal, executive director of the nonprofit New York-based International Foundation for Art Research. "But it could be much larger." Trace, a three-year-old British magazine that tracks art crimes, reckons the value worldwide at $6 billion a year...