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Sunday, 22 April 2012 20:00

UICA will restructure to stabilize "declining financial situation"

Written by  By MiBiz Staff
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GRAND RAPIDS — Just nine months after it opened a modern new facility in the heart of downtown Grand Rapids, the Urban Institute of Contemporary Arts announced its executive director has stepped down as part of a restructuring plan that it hopes will "stabilize the institution's declining financial situation."

Jeff Meeuwsen has stepped down as executive director of the UICA, though he will consult with the board on curatorial planning and grant-writing. The plan, announced by the UICA board of directors, calls for reduced hours of operation throughout the summer months. All other staff will remain in place, according to a UICA statement.

The announcement comes some nine months after the arts organization officially opened its new facility, which includes 4,000 square feet of gallery space, a state-of-the-art film theater, a ceramics studio, community gathering spaces, and a youth studio and computer lab. The project cost was estimated at $15 million, according to media reports.

"It is important for the community to understand that the board's decision follows the completion of an independent, comprehensive financial and organizational review.” said Kathryn Chaplow, UICA board president said in a statement. "That review will provide the UICA with a clear direction toward developing a sustainable funding model that will serve us well into the future."

The board plans to appoint a group of donor advisers and arts to provide ongoing financial review and to oversee the reorganization process. UICA said it will not release any financial information at this time; however it does plan to ask a small group of major donors to help with immediate funding.

 

Read 1675 times Last modified on Saturday, 11 August 2012 09:45

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