Detroit Institute of Arts
A key component of what’s known as the Grand Bargain is a deal to help protect pensioners as Detroit goes through bankruptcy. That deal depends on the Detroit Institute of Art reaching its $100,000,000 fundraising goal.
The Detroit Institute of Arts could be changing the way it doles out bonuses to its top executives.
As the Detroit Institute of Arts continues to rely on a regional property tax to support its budget, the museum says six-figure salaries paid to its top executives are justified.
Representative Eileen Kowall is hoping the Detroit Institute of Arts will reconsider major raises given to its director and CEO.
DIA Officers Got Pay Boost, Including $514K Director’s Salary, $50K Bonuses, As Counties Considered Tax Millage
Detroit Institute of Arts tax documents show compensation for its two top officers increased by more than 10 percent in 2012, including $50,000 bonuses for each.
“A one-time sale is detrimental to the long-term benefit of the city,” Kevyn Orr said. “Selling any art would cause a maelstrom.”
Check this list to find out the best ways to celebrate Hispanic Heritage Month in Metro Detroit.
Introduce your children to the world of art by taking them to some great exhibitions in the Detroit area.
Toyota has pledged $1 million toward the Detroit Institute of Arts’ goal to raise $100 million to prevent the sale of art in Detroit’s bankruptcy and help city pensioners.
The pledges bring the Detroit Institute of Arts to almost 80 percent of its grand bargain goal.