High Museum slashes $1.4 million from budget
February 25, 2009 at 11:09 am by Debbie Michaud in A&E, Events
From this morning’s press release:
The High Museum of Art announced a series of budget cuts today, including across the board pay cuts and a 7% reduction of its staff. These reductions, combined with previous cost-cutting measures, will result in $1.4 million dollars in savings and will reduce the operating budget for fiscal year 2009 to $23.7M. These measures will enable the museum to continue to provide high quality and meaningful art and educational experiences to the community.
The High has instituted a series of pay cuts across the board, starting with the Director’s office. Michael Shapiro will take a 7% pay cut and other Director-level employees will take a 6% pay cut. All other employees will take a 5% pay cut. These cuts will extend through May 31, 2009. Beginning June 1 and extending through fiscal year 2010, salaries will be reinstated but employees will be required to take 2.6 weeks of unpaid leave. The staff reductions have been achieved through hiring freezes, redistribution of staff responsibilities and the elimination of five full-time positions and three temporary positions.
(Photo by Joeff Davis)
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