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National Museum of Women in the Arts Adds $25 Million to its Endowment

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In addition to celebrating its 25th anniversary this year, the National Museum of Women in the Arts has just completed a $25-million fundraising campaign to push its endowment to a total of $50 million, the Washington Post reports. While the financial climate has not exactly been ideal for fundraising in recent years, endowment co-chair Carol Lascaris believes that people see the unique opportunity the NMWA provides as one of the world’s only institutions dedicated to the preservation of art made exclusively by women.

“I think that the very fact that we have been so successful is because this museum is really different,” Lascaris told the Post. “People really do believe that it has a mission that needs to be addressed.”

The institution hosts an annual Spring Gala and Fall Benefit every year, and the 25th anniversary event featured Melissa Ethridge, who was presented with the NMWA’s Award for Excellence in the Performing Arts.

With greater security for its future, the NMWA plans to continue its commitment to educating the public on women in the arts through their programming and extensive research center. Similar institutions elsewhere are not faring so well: The Florida Museum for Women Artists in Deland will be closing its doors at the end of the month due to a lack of funding, according to the Orlando Sentinel.

— Meredith Caraher

(Photo copyright ©2008 Thomas H. Field. Via the National Museum of Women in the Arts/Facebook.)

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