Last November, Senate Finance Committee chairman Senator Orrin G. Hatch (R-Utah) sent a letter to the founders of 11 private museums across the US to investigate whether the institutions operate in a way that benefits the public enough to warrant receiving tax-exempt status.
Crunching the Numbers Behind the Boom in Private Art Museums
What kind of person opens a private contemporary art museum?
The Senate Finance Committee Is Scrutinizing Art Collectors’ Private Museums
The private art museum trend has become so prevalent in the US that Uncle Sam is taking notice.