As cultural institutions are recognizing the potential for pooling resources, the Hammer Museum, the Los Angeles County Museum of Art and the Museum of Contemporary Art in Los Angeles are establishing a joint collection of contemporary art by Los Angeles artists, to be founded through the acquisition of nearly 300 artworks from the collectors Jarl and Pamela Mohn.
We’re all going to share the labor of it, we’re going to share the costs of it,” said Ann Philbin, the Hammer’s director. “All three of our institutions deeply care about the art that’s being made in our city — not just for this moment in time but out into the future. We think it’s going to be part of art history writ large.”
Read more at the New York Times.