Looking into New York Museum Directors Tax-Free Living Arrangements
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When the Los Angeles County Museum of Art‘s already-in-trouble-again film program was in danger of being cut last year, the LA Times dug into the salary of the institution’s director, Michael Govan. Maybe there’s some connection, or maybe we’re just reaching, but either way, following the aforementioned news that New York’s deaccessioning bill is sure to die soon, the NY Times has looked into the living conditions of the directors of the city’s most high-profile museums, chiefly that they don’t usually pay rent on their multi-million dollar digs. Facts like the Met‘s Thomas Campbell lives across the street from his work in a $4 million pad and the MoMA‘s Glen Lowry has an even more pricy place will be the real meat and potatoes, juicy details of piece for most. But keep reading and it gets into the curious territory as to how museums get away with not having the residences listed as a portion of their respective directors’ incomes. How it functions seems like some fairly muddy terrain. And to come full circle with this post, the piece ends up talking about how they do things out west:
The Los Angeles County Museum of Art said its director, Michael Govan, also used the home it provides to entertain. But it reports the value of the home as income to him, on which he pays taxes.
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