Word: budgeting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...under Loyrette and his deputy Selles, the Louvre is becoming ever less dependent on France's establishment. The French state, which wholly funded the museum for much of its history, still subsidizes it generously, doling out about $180 million in 2008. But that's only about half the total budget. The rest is raised by the Louvre itself, from ticket sales, traveling-exhibition receipts, and above all donations by French companies and American and other philanthropists...
...bottom line is that the Louvre has a lot more money to play with than in the past. Its annual acquisition budget has jumped from $4.5 million in 2004 to $36 million last year. Changes to French tax law in 2003 have helped: companies now have big fiscal incentives to make donations. But Loyrette has also built out the tiny three-man fund-raising department that Rosenberg set up in the late '90s into a full-time operation with 19 staffers. And the Louvre is about to launch a U.S.-style endowment fund - the first in France - using the money...
...predecessor retired. But then she'll start to talk about the $3.7 million Austrian bust that the Louvre was able to buy in New York for her department, and the ambitious exhibition of French bronzes she'll be putting on later this year. Not to mention the restoration budget, which is "incomparably bigger than it was a decade...
...clearly is a serious political crisis," says Dave Sinardet, a political scientist at the University of Antwerp. He said Leterme's four months as Prime Minister failed to achieve anything of note, apart from balancing the budget. Meanwhile, the country's economy is slowing and inflation is at its highest in almost 24 years...
...compared with just $40 million cash on hand for Obama and the DNC, McCain's campaign manager, Rick Davis, told reporters last week. All told, between the RNC, the $85 million from the government, and state and local GOP fund-raising, "we're looking at a unified budget of over $400 million, and I think that is a relative conservative number," Davis said...