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Copyright Law
: The Art Law BlogMOCA Update
By Intellectual Property Law, Esq.
"The museum's federal tax returns show that early in this decade, it had spent all $20 million of its unrestricted funds to meet routine operating costs. By mid-2007, it had borrowed an additional $7.5 million from 'restricted' accounts, designated by donors for specific uses. As a result of the revelations, the California attorney general's office is looking into the museum's finances."
Full post as published by The Art Law Blog on December 19, 2008 (boomark / email).
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