Administration
The Indianapolis Museum of Art is a 501(c)(3) corporation which is governed by director & CEO Maxwell Anderson, chairman Stephen Russell, three vice chairmen, a treasurer, secretary, and 21 additional board members. The museums endowment consists of approximately 120 individual funds devoted to building operations, bond costs, personnel expenses, legal fees and other purposes. As a consequence of the 2008 financial turbulences, the endowment fell from $382m at the start of 2008 to $293m at the end of November.
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