Can Barnes Prove It Is Financially Unsustainable?

This month the Barnes Foundation goes before a court to try to win approval to move to Philadelphia. As part of its case, the Barnes wants to prove that its financial situation is so precarious it is unsustainable in its current home. “Yet while it is clear that many factors that are beyond the current management’s control have put the Barnes in dire straits, the Barnes management failed to control one important thing it has had power over: working within a budget.”