Museums are preparing for the eventual passing of the baton from the baby boom generation, which has long been the lifeblood of giving and boardroom leadership.
These are the wealthy ones, but even they think and may behave very different as they mature. And it's not just museums.
Generational change is always occurring as new blood takes the place of the old. But as the boomers’ children take over, there is concern among administrators and trustees that millennials are not poised to meet the financial and leadership demands of increasingly complex — and expensive — museums.
“We’re not just talking about replacing one generation with another generation,” said Kaywin Feldman, director of the Minneapolis Institute of Arts. “We’re talking about a new generation that behaves so differently than the last one.”