The Corcoran Gallery is philanthropy's latest failure
The movie Face In The Crowd is seen on three channels at the reception for Alex Prager's 'Face In The Crowd' art exhibition at Corcoran Gallery of Art on November 19, 2013 in Washington, DC.
The Corcoran Gallery of Art, a non-profit and financially-troubled institution, is being absorbed by both the federally-funded National Gallery of Art and George Washington University, a private school, after years of budget and building-related challenges. The National Gallery will manage the Corcoran's vast art and media collections; GWU will take over the Corcoran's building and its art school.
Art Critic Blake Gopnik joined Marketplace Morning Report host David Brancaccio to explain the value of the Corcoran as a cultural asset and why it fell victim to a failure of philanthropy. Click on the above audio player to hear the full interview.
VIDEO: watch a summary video about the Cocoran Gallery before it changes ownership:
CORRECTION: An earlier audio version of this interview misstated the National Gallery's plans for the Corcoran collection. There are no plans to sell any works. The audio has been corrected.