Current:Home > ScamsWalmart heir wants museums to attract more people and donates $40 million to help -Aspire Financial Strategies
Walmart heir wants museums to attract more people and donates $40 million to help
View
Date:2025-04-15 09:13:46
Alice Walton's foundation Art Bridges is providing $40 million in grants to 64 museums around the country, it announced Wednesday. The grants, ranging from $56,000 to more than $2 million for a three-year period, are intended to fund programs to attract new audiences, whether that means extending free hours or offering free meals.
Walton, one of the billionaire heirs to the Walmart fortune, said the impetus for the initiative, called "Access for All," was the pandemic's impact on museums and the general public.
"I think that there are a lot of repercussions in terms of mental health and stability for people coming out of the pandemic. So I really see this as a crucial point in time where we all need to figure out everything we can do to create that access," Walton said.
According to the American Alliance of Museums, recovery from the pandemic has been inconsistent. While nearly half of museums project an increase this year to their bottom lines, two-thirds report that attendance is down 30% from pre-pandemic levels.
Museums were chosen based on "annual operating expenses and admission cost structure," according to a statement from Art Bridges. Among the museums receiving grants are the Wichita Art Museum, The San Diego Museum of Art, the Delaware Art Museum and the Zimmerli Art Museum at Rutgers University.
Free can be costly for many museums
María C. Gaztambide, executive director of Museo de Arte de Puerto Rico, called the Access for All grant "transformational" (Art Bridges is not disclosing the grant amount). The museum has been free for just a few hours a week on Thursdays, but the money will go toward extending those hours and creating monthly family days, among other things.
Walton told NPR that she believes all museums should be free. But Gaztambide does not foresee a time when that could be a reality for Museo de Arte. Since the 2014 Puerto Rican debt crisis, she said, "energy costs are stratospheric."
"Of course, we would like our museum to be free," she said. "But we can't with the kind of energy bills that we face each month."
Free doesn't always equal an audience
Another grant recipient, the Howard University Gallery of Art in Washington, D.C., is always free. Yet co-director Kathryn Coney-Ali said there are plenty of people who don't know the gallery exists, even though it was established in the late 1920s. Their plans for the grant include developing an interdisciplinary fine arts festival and bilingual programming.
In addition to attracting new visitors, Walton hopes the grants give museums the opportunity to focus on long-term sustainability.
"I hope it gives them the incentive to reach deep in their own communities to those that are able to help fund free access, at least for a part of the time," Walton said.
This story was edited by Jennifer Vanasco. The audio was produced by Phil Harrell.
veryGood! (36)
Related
- Average rate on 30
- Neanderthals likely began 'mixing' with modern humans later than previously thought
- Pakistan ex
- How to watch the Geminid meteor shower this weekend
- Why members of two of EPA's influential science advisory committees were let go
- A fugitive gains fame in New Orleans eluding dart guns and nets
- This drug is the 'breakthrough of the year' — and it could mean the end of the HIV epidemic
- Blast rocks residential building in southern China
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Elon Musk just gave Nvidia investors one billion reasons to cheer for reported partnership
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- 10 cars with 10 cylinders: The best V
- Morgan Wallen sentenced after pleading guilty in Nashville chair
- 'Wicked' sing
- Tom Holland's New Venture Revealed
- 'Squirrel stuck in a tree' tops funniest wildlife photos of the year: See the pictures
- Deadly chocolate factory caused by faulty gas fitting, safety board finds
- Highlights from Trump’s interview with Time magazine
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
PACCAR recalls over 220,000 trucks for safety system issue: See affected models
Gas prices set to hit the lowest they've been since 2021, AAA says
Australian man arrested for starting fire at Changi Airport
Average rate on 30
Federal appeals court takes step closer to banning TikTok in US: Here's what to know
'Squirrel stuck in a tree' tops funniest wildlife photos of the year: See the pictures
Here's how to make the perfect oven