The Long Beach City Council this week formalized an agreement, effective immediately, under which the Long Beach Museum of Art ended 30 years as a municipal facility to be run by a private nonprofit foundation.
Under the new arrangement--approved unanimously--the city will continue its annual contribution of $357,000 to the museum for the next five years. The museum also will remain at its current city-owned facility until a more appropriate location can be found. Museum officials have said that private status will enable them to raise more funds for the institution.
Under a contract signed a year ago, the city agreed to allow the museum to go private if the Long Beach Museum of Art Foundation could submit a five-year management plan for the museum and could raise a $300,000 reserve fund by Oct. 1. The management plan was submitted last spring, and museum officials announced last week that the money had been raised.