The troubled Los Angeles Museum of Contemporary Art is in talks for a possible partnership with the National Gallery of Art in Washington, a development that could cloud MOCA’s acquisition by the Los Angeles County Museum of Art.
The talks were initiated by billionaire Eli Broad, the MOCA board member and leading donor who opposed a 2008 attempt by the county museum to take over MOCA. According to National Gallery board Chairman John Wilmerding, the talks have focused on ways in which the federally funded museum in Washington, D.C. might help MOCA create fresh exhibitions.
The development was first reported by the New York Times.
“The hope is that our name, our programming, our expertise gives them a sense of backbone and stability,” Wilmerding said Tuesday. “Eli Broad is confident about this, that their trustees can raise the money, rebuild the endowment and bring it back to a place of fullness.”
He added that the terms do not include a financial arrangement. “We’re not going to be providing a financial underpinning, or raise their endowment,” he said.