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Questions raised about about money raised for Abramović institute

Nov 13, 2017 12:04 am

Isabel Vincent and Melissa Klein are reporting in the New York Post Performance artist Marina Abramović last month backed out of her plans to turn a Hudson building into her Center for the Preservation of Performance Arts and questions are now starting to emerge over what happened to the $2.2 million she raised for the project, including donations from nearly 5,000 donors in a Kickstarter campaign. That 2013 campaign raised more than $660,000, and Abramović's non-profit institute received $1.5 million in donations between 2011 and 2015, according to tax filings. An Abramović spokeswoman said the money raised through Kickstarter and other funds, went to pay for architect Rem Koolhaas' firm. “The funds were raised not for the renovation itself but specifically for the schematics and the feasibility study,” the spokeswoman said. Some Kickstarter donors complained they did not receive the promised rewards for their support of the project and others did not know how their contributions had been used. Abramović retained Koolhaas to renovate the former theater and indoor tennis building. In an announcement made in London, Abramović backed out of her plans after learning the cost of the project cost had grown to $31 million. She bought the building, located on 7th Street, between State and Columbia streets, next door to the WGXC Hudson studio, in 2007 for $950,000. The non-profit currently owes more than $15,000 in unpaid taxes to the Hudson school district for the abandoned structure. Read the full story in the New York Post.

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