Effects of the financial crises on American museums: Lessons learned from the First Great Depression and the Global Financial Crisis of 2007-2010

ABSTRACT: This article aims at examining the impact of the Global Financial Crisis of 2007-2010 and the Great Depression of the 1930’s on the American Museums. The goal is to foster a formal discussion about the cultural crises that was caused by the two greatest depressions in the 20th century. By identifying similarities and differences in the way American museums, government and people reacted to the financial crises examined, this article also provides valuable lessons to the museums in case of financial instability.

“We know there’s a storm at sea and we know it’s going to hit land; and it could get ugly"¹

Glenn D. Lowry, director of MOMA (New York)

Saving the past to the future. The case of Lady with an Ermine by Leonardo da Vinci from the Princes Czartoryski Museum in Kraków, Poland

ABSTRACT: This article discusses some issues directly related to the management of priceless work of art included in wider collection, considering in particular the case of Lady with an Ermine by Leonardo da Vinci from the Princess Czartoryski Museum in Kraków, Poland. The author depicts the complex opportunities and challenges which appear both before the owners of the painting and other authorities responsible for its safety and state of conservation.