The college is constantly ranked among the world’s prime ten arts schools and is understood for its experience in everything from drama to graphic design. London’s Royal College of Art devotes itself totally to postgraduate levels in art and design. Its narrow focus works to the schools benefit, as its highly-rated programs in communications, structure, art and humanities and more place the varsity among the world’s high art schools.

In Indianapolis, Venable was doing just that by betting on rising earned income, not just endowments, and giving guests experiences like harvest festivals and beer gardens, not just reveals. As for government grants, although government funding of American museums is paltry in comparability with European counterparts, there’s some public support. In whole, government funding accounts for about 15 percent of art museums’ annual budgets, based on the Association of Art Museum Directors. The generally accepted practice is for museums to draw …