From http://www.crainsnewyork.com

“We’re all scrambling to come to terms with how to deal with the weakening financial situation in a way that inflicts the least short- and long-term damage to our institutions,” says Arnold Lehman, director of the Brooklyn Museum. “There really are no bright spots I can see at this time.”

Hit with steep cuts in public funding, as well as declines in earned income and corporate and foundation grants, museums throughout the city are slashing budgets, laying off staff and doing everything else they can to operate with dwindling resources. For New York culture hounds, that will mean their favorite museums will have fewer—and less ambitious—shows and special programs, as well as shorter hours.

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http://www.crainsnewyork.com/article/20090201/SMALLBIZ/302019985