{"id":54209,"date":"2025-08-09T00:55:15","date_gmt":"2025-08-09T00:55:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/54209\/"},"modified":"2025-08-09T00:55:15","modified_gmt":"2025-08-09T00:55:15","slug":"sydneys-museum-of-contemporary-art-in-red-despite-3m-government-bailout","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/54209\/","title":{"rendered":"Sydney\u2019s Museum of Contemporary Art in red despite $3m government bailout"},"content":{"rendered":"<p>Sydney\u2019s Museum of Contemporary Art received a brought-forward grant of $3 million from the NSW Government in 2024, but still lost $2.7 million, forcing the state\u2019s second-largest gallery to reintroduce an entry fee in January.<\/p>\n<p>The loss, which included an operational shortfall of $2.1 million, was revealed in MCA\u2019s annual report released on Wednesday, two months later than usual.<\/p>\n<p>Loading&#8230;<\/p>\n<p>clarification \u2014<\/p>\n<p>This article was updated to include MCA\u2019s assertion that the early payment of a $3 million grant from the NSW Government was a routine matter of invoicing it for the money in December 2024 rather than January 2025, as is allowed under its contract with the government.<\/p>\n","protected":false},"excerpt":{"rendered":"Sydney\u2019s Museum of Contemporary Art received a brought-forward grant of $3 million from the NSW Government in 2024,&hellip;\n","protected":false},"author":2,"featured_media":54210,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[449,458,459,64,63,460,134],"class_list":["post-54209","post","type-post","status-publish","format-standard","has-post-thumbnail","category-arts-and-design","tag-arts","tag-arts-and-design","tag-artsanddesign","tag-au","tag-australia","tag-design","tag-entertainment"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/54209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=54209"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/54209\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/54210"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=54209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=54209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=54209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}