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Individuals looking to begin a career in the Collections Management field generally possess a bachelor's degree in history, art history, fine arts, or a field related to museum interests. Many institutions now require a graduate education in museum studies or field relating to the museum's collections in this competitive job market.
Museum education falls under the broad category of informal education. Informal education is defined as "...any organized educational activity outside the established formal system—whether operating separately or as an important feature of some broader activity—that is intended to serve identifiable learning clienteles and learning objective". [2]
Arts administration (alternatively arts management) is a field in the arts sector that facilitates programming within cultural organizations. Arts administrators are responsible for facilitating the day-to-day operations of the organization as well as the long term goals by and fulfilling its vision, mission and mandate.
The 264,000-square-foot (24,500 m 2) building addition made the Art Institute the second-largest art museum in the United States. The building houses the museum's world-renowned collections of 20th and 21st century art, specifically modern European painting and sculpture, contemporary art, architecture and design, and photography.
In 2011, the museum's annual budget was at $24.6 million, and endowment income was a total $4.3 million. [36] In August 2016, the institute announced a $6 million bequest to fund the Gale Asian Art Initiative, which is designed to highlight the museum's holdings in Asian art, estimated at 16,800 objects.