Financial problems for the Corcoran
The Corcoran Gallery of Art and Corcoran College of Art and Design share the same budget and board of directors. The museum and school are considering leaving their 17th Street NW building in order to find a larger, less expensive and more flexible home. The financial problems facing the Corcoran have been ongoing for the past several years, as detailed below.
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Source: Corcoran Gallery of Art and Corcoran College of Art and Design. The Washington Post.