Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Friday Briefing: It's all getting more complicated for retail investors 

October 12, 2025

McDonald’s to give away free food and $1 million with its Monopoly game — and analysts say it could lift sales

October 11, 2025

If New York or California enter a recession, the entire U.S. economy would be next. So how are they doing?

October 11, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

The University of New Hampshire’s Museum of Art Is Closing – ARTnews.com

News RoomBy News RoomFebruary 1, 2024
Share
Facebook Twitter LinkedIn Pinterest Email

The Museum of Art at the University of New Hampshire will permanently close, director Kristina L. Durocher announced in an open letter to faculty, staff, and students last week.

The museum, Durocher wrote, was in the middle of plans to replace its HVAC system, which she had hoped would help it gain accreditation from the American Alliance of Museums, the top industry group of its kind for museums in the US.

The AAM offers recommendations, standards, ethical considerations, and more to museum leaders. Accreditation is a prestigious mark of distinction for an institution and, Durocher noted in her letter, can open “the door to private and public grants,” as well as important loans from other accredited institutions and gifts from top collectors.

Construction on the new HVAC system was scheduled to start in early December. Instead, the university decided to close the museum just over a month later on January 16.

“UNH’s decision to close the museum was, I am told, a difficult one, brought on by declining enrollment, and it comes with a mix of emotions,” wrote Durocher, who has served as director since 2011.

UNH, a public land-grant university, laid off 75 of its 3,700 employees in mid-January in a bid to reduce annual expenses by $14 million, UNH president James Dean Jr. announced at the time, according to education news outlet Higher Ed Dive. UNH currently has an endowment of $475.1 million, according to its FY2023 report, which is well below the biggest public universities and top private schools.

Last September, the University of System of New Hampshire released its annual board report. It reported that full time student enrollment for all UNH campuses had dropped 13.6 percent since FY2019, blaming “New England demographics and overall market changes.”

More plainly, as Nathan Grawe, an economics professor at Careleton College in Minnesota, told the New Hampshire Bulletin, the US is experiencing population decline, which has led to fewer people graduating high school and enrolling in college. The effects of this are particularly pronounced in the Northeast, he said.

“We know these challenges will persist in the coming years, and we must act to ensure that UNH is on firm financial footing to weather the challenges ahead,” Dean, who is set to retire in June, said in his statement, alluding to those overall changes.

In her letter, Durocher noted that it is unusual for an institution as large as UNH to not have a museum. The UNH Museum of Art has over 200 paintings, 400 photographs, 1,000 works on paper, and around 20 sculptures in its permanent collection. That includes photographs by Andy Warhol, etchings by Goya and Rembrandt, paintings by Boston expressionists Hyman Bloom and Karl Zerbe, and prints by Max Ernst, David Hockney, Joan Miró, Pierre Soulages, and more.

“Since 1941, there have been exhibitions of works of art on campus, including loans from storied institutions such as National Gallery of Art, Museum of Modern Art, Philadelphia Museum of Art, and the Smithsonian Institute; in 1950 a donation of European paintings formed the basis of the Museum’s collection; in 1960 the gallery was centrally located in the newly built Paul Creative Arts Center; in 1971 we began to institute best-practices under the leadership of a professional gallery director and board of advisors; and in 2010 the Art Gallery was renamed the Museum of Art in recognition of our role as stewards of a growing art collection,” she wrote. “And I, as president of the Association of Academic Museums and Galleries, and a respected museum professional, am wounded to be at the head of an academic museum that after 60 years is closing.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Upsilon Is the Latest Gallery to Try the Fast-Growing Milan Market

Patrick Eugène Collaborates with Dior for 10th Edition of Lady Dior Art Project

Instagram Launches ‘Rings’ Awards for Creators—With KAWS as a Judge

Two Years After Scandal, Kochi-Muziris Biennial Announces 66 Participating Artists from Over 20 Countries for December Exhibition

Kochi-Muziris Biennale announces participating artists for its 2025 edition.

The Rubin Names 2025 Art Prize Winner and 15 Recipients of Research and Art Projects Grants

An exhibition in New York City takes on censorship in the art world – The Art Newspaper

Sotheby’s Consigns 10 Works From Matthew and Carolyn Bucksbaum, Led by Magritte Est. At $9 M.

Bonhams Will Sell 30 Original Paintings By Bob Ross To Support Public TV Stations

Recent Posts
  • Friday Briefing: It's all getting more complicated for retail investors 
  • McDonald’s to give away free food and $1 million with its Monopoly game — and analysts say it could lift sales
  • If New York or California enter a recession, the entire U.S. economy would be next. So how are they doing?
  • Some of the largest exchanges and financial institutions are embracing betting platforms and crypto. Is it just for the fees?
  • Upsilon Is the Latest Gallery to Try the Fast-Growing Milan Market

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

McDonald’s to give away free food and $1 million with its Monopoly game — and analysts say it could lift sales

October 11, 2025

If New York or California enter a recession, the entire U.S. economy would be next. So how are they doing?

October 11, 2025

Some of the largest exchanges and financial institutions are embracing betting platforms and crypto. Is it just for the fees?

October 11, 2025

Upsilon Is the Latest Gallery to Try the Fast-Growing Milan Market

October 11, 2025

Patrick Eugène Collaborates with Dior for 10th Edition of Lady Dior Art Project

October 11, 2025
Facebook X (Twitter) Instagram
© 2025 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.