BREAKING: Corcoran Gallery of Art to Join Forces With University of Maryland
The troubled art museum is expected to announce a joint venture with the school Wednesday afternoon.
Trustees of the Corcoran Gallery of Art are expected to meet Wednesday and vote on
a plan to join forces with the University of Maryland, according to people familiar with the decision. The exact outlines of the plan—the finances, the players, and what it would mean for the city’s oldest art gallery—were not immediately clear Wednesday morning.
Terrance Shanahan, a Save the Corcoran leader, said he expects the Corcoran and the University of Maryland to make an announcement today regarding a joint venture.
Corcoran spokesman Mimi Carter said more details of the plan would come at roughly 4 PM today, after the board of trustees meets.
The future of the Corcoran has been up in the air due to plummeting donations, falling attendance, and chaotic leadership. It was the subject of a feature story in the December 2012 issue of The Washingtonian.