Art Collection
IMU adds three new paintings by Black artists to art collection for diversity initiative
Three new paintings by Black artists were unveiled in the Indiana Memorial Union on November 28 as part of an initiative to expand the IMU’s art collection with contemporary works more representative of IU’s population.
The new paintings include “Glorious Day” by India Cruse-Griffin, which is displayed in the South Lounge, “Reasons” by Kyng-Rhodes, displayed across from the dining area and “Empowered Tresses” by Tasha Beckwith, displayed outside of the Georgian Room.
In 2020, members of the Union Board, IU Student Government, the campus art curation staff and the IMU director were tasked with examining the effectiveness of the IMU’s art according to a News at IU press release. The goal was to determine how the IMU’s art serves students and reflects diversity and how the IMU can better represent students and communities with art.
The British Council is considering selling up to half of the 9000 works in its art collection in order to pay a debt of £197m. This is the remaining total from its £250m pandemic-era government loan. Without additional financial support, it is ‘in real danger of disappearing’ the institution’s CEO Scott McDonald told The Guardian. The council is also considering shutting its operations in 30 to 40 countries.
McDonald states that the British Council is committed to paying back the loan but insists that the government must help find a viable solution. ‘I would just like reasonable loan terms of something like 25 years and a lower interest rate’ he said. The Art Newspaper has estimated that the current commercial interest rate applied to the loan amounts to £14m annually.
Read More: https://artreview.com/british-council-considers-selling-art-collection-to-pay-197m-debt/
Hospital patients and visitors will be able to enjoy the stories behind artwork from across Dorset through a new app.
A new project celebrating 35 years of art at Dorset County Hospital will bring the art straight to art lovers with a collection of stories and sounds that can be listened to via a mobile phone.
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Art Collection
British Council could plug £200million debt crisis by selling art collection featuring masterpieces by Tracey Amin and David Hockney
The British Council may be forced to put its £200million art collection up for sale as a result of ‘financial peril’ which is threatening the institution.
The council is facing £197million in outstanding debt after taking out an emergency £250million loan from the government during the pandemic.
