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Metropolitan Museum of Art works to rebound from money woes

Associated Press logo Associated Press 5/15/2017 By VERENA DOBNIK, Associated Press

NEW YORK (AP) — New York's Metropolitan Museum of Art is rebounding from more than a year of internal turmoil and financial problems.

As part of its recovery efforts, the museum is considering a mandatory admissions fee for visitors outside New York state.

The fee, possibly $25 for adults, would be the museum's first in its 147-year history.

Currently, American's largest and most prominent museum has a voluntary admissions contribution.

Met President Daniel Weiss says the institution needs to "retrench" its finances.

The museum faces a $15 million operating deficit, and the admissions fee is just one step it would take to get back on track financially.

About 100 staffers have been eliminated and the number of special exhibits is being slashed from 55 to about 40 a year.

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