T H E M E T ROPOLI T A N MUSEU M O F A R T Annual Report for the Year 2006–2007 The Metropolitan Museum of Art One Hundred Thirty-seventh Annual Report of the Trustees for the Fiscal Year July 1, 2006, through June 30, 2007 Presented to the Corporation of The Metropolitan Museum of Art November 13, 2007 The Board of Trustees November 1, 2007 Chairman Emily K. Rafferty Henry B. Schacht Ex Officio Ex Officio Daniel Brodsky James R. Houghton President, The Oscar Tang James R. Houghton James R. Houghton Vice Chairman Metropolitan Museum Lulu C. Wang Philippe de Montebello Philippe de Montebello Mrs. Herbert Irving Vice Chairmen of Art Shelby White Emily K. Rafferty Emily K. Rafferty William C. Rudin S. Parker Gilbert Henry B. Schacht Annette de la Renta Trustees Emeriti Advisory By invitation By invitation Shelby White Leonore Annenberg Henry B. Schacht Walter Burke John Beck Sally Minard Ex Officio Placido Arango Mrs. Henry J. Heinz II Peter Sacerdote Elective Trustees Mrs. Jackson Burke external affairs James R. Houghton George B. Munroe legal Term Ending Walter Burke Robert M. Pennoyer Allan Weissglass Philippe de Montebello September 2008 Richard V. Clarke E. John Rosenwald, Jr. Robert D. Joffe Chairman Emily K. Rafferty Paula Cussi Daniel P. Davison Arthur Ochs Sulzberger Chairman James J. Ross By invitation Conrad K. Harper Peter H. B. Frelinghuysen Jayne Wrightsman Conrad K. Harper Vice Chairman Mrs. Henry J. Heinz II George B. Munroe Daniel Brodsky Peter Lehrer Eliot C. Nolen Robert Sanna Cynthia Hazen Polsky Sir Joseph E. Hotung Ex Officio Robert M. Pennoyer Wellington Z. Chen Richard V. Clarke Terence Whalen Annette de la Renta Mrs. Herbert Irving Philippe de Montebello Frank E. Richardson Jeffrey W. Greenberg Frank E. Richardson Henry A. Kissinger Emily K. Rafferty Malcolm H. Wiener Ad Hoc Committee of David T. Schiff Anthony D. Marshall Susana Torruella Leval Ex Officio Samuel H. Lindenbaum the Board of Trustees Oscar Tang Barnabas McHenry acquisitions fund for the met Mary R. Morgan Annette de la Renta James R. Houghton Joyce Frank Menschel Term Ending Philippe de Montebello James R. Houghton George B. Munroe Chairman Cynthia Hazen Polsky September 2009 Honorary Chairman Robert M. Pennoyer Leonore Annenberg Emily K. Rafferty Bruce C. Ratner Richard L. Chilton, Jr. Annette de la Renta Mrs. Milton Petrie Renée E. Belfer education E. John Rosenwald, Jr. Michel David‑Weill Muriel Silberstein‑storfer National Chairman E. John Rosenwald, Jr. Leon D. Black Eliot C. Nolen Robert D. Joffe Carl Spielvogel E. John Rosenwald, Jr. Muriel Silberstein‑storfer Mrs. Jackson Burke Chairman William C. Rudin Carl Spielvogel Ann G. Tenenbaum Executive Chairman Andrew M. Saul Michel David‑Weill Mrs. Jackson Burke Diane W. Burke Arthur Ochs Sulzberger S. Parker Gilbert Wellington Z. Chen Charlotte C. Weber Jayne Wrightsman Ex Officio Richard L. Chilton, Jr. Allan Weissglass Mrs. Henry J. Heinz II Bonnie B. Himmelman Mrs. Herbert Irving Sir Joseph E. Hotung James R. Houghton Honorary Trustees Susana Torruella Leval Philippe de Montebello Eliot C. Nolen Term Ending Mrs. Herbert Irving Joyce Frank Menschel September 2010 Mrs. Russell B. Aitken Emily K. Rafferty Frank E. Richardson Joyce Frank Menschel Cynthia Hazen Polsky Lulu C. Wang Leon D. Black Jean Bonna Cynthia Hazen Polsky E. John Rosenwald, Jr. merchandising Wellington Z. Chen Diane W. Burke Shelby White Frank E. Richardson Muriel Silberstein‑storfer Oscar Tang Barrie A. Wigmore S. Parker Gilbert Karen B. Cohen Andrew M. Saul Carl Spielvogel Chairman Joyce Frank Menschel Yannis Costopoulos David T. Schiff Ann G. Tenenbaum Renée E. Belfer Ex Officio Henry B. Schacht Lewis B. Cullman Arthur Ochs Sulzberger Charlotte C. Weber Jeffrey W. Greenberg Philippe de Montebello Shelby White Norma W. Hess Oscar Tang Allan Weissglass Joyce Frank Menschel Emily K. Rafferty Malcolm H. Wiener Mary Jaharis Lulu C. Wang Mrs. Milton Petrie Staff Officers Term Ending Anna‑Maria Kellen Charlotte C. Weber Advisory Andrew M. Saul September 2011 Kenneth Jay Lane Shelby White Diane W. Burke Henry B. Schacht Philippe de Montebello Renée E. Belfer Samuel H. Lindenbaum Jayne Wrightsman Lewis B. Cullman Carl Spielvogel Director Daniel Brodsky Jan Mitchell Mary Jaharis Emily K. Rafferty Russell L. Carson Roy R. Neuberger Advisory Sandra Priest Rose Ex Officio President James R. Houghton Muriel Kallis Newman Muriel Kallis Newman James R. Houghton Mahrukh Tarapor Philip H. Isles Klaus G. Perls Ex Officio Philippe de Montebello Associate Director for Bruce C. Ratner Sandra Priest Rose Ex Officio James R. Houghton Emily K. Rafferty Exhibitions/Director for Sheikh Nasser Sabah al‑ International Affairs, Ann G. Tenenbaum James R. Houghton Philippe de Montebello Ahmed al‑sabah Emily K. Rafferty By invitation Geneva Office Term Ending Mrs. Herman D. Philippe de Montebello Kent Lydecker Emily K. Rafferty Ann Ames September 2012 Shickman By invitation Gregory J. Furman Frederick P. and Sandra Jeffrey W. Greenberg Eugene V. Thaw finance Lucinda Ballard Sally Minard P. Rose Associate Director Bonnie B. Himmelman David Tobey Judith Carson for Education Susana Torruella Leval Henry B. Schacht membership Doralynn Pines Anna Wintour Chairman Robert C. Clauser James J. Ross Cynthia Hazen Polsky Associate Director for Erving Wolf Daniel Brodsky Diane Cummings James E. Shipp Joan Firestone Chairman Administration Lulu C. Wang Russell L. Carson Renée E. Belfer Sharon H. Cott Committees of the RichardL. Chilton, Jr. Norma W. Hess Barrie A. Wigmore Board of Trustees Gail Hilson Richard V. Clarke Senior Vice President, S. Parker Gilbert Paula Cussi Secretary, and General nominating Jeffrey W. Greenberg Linda Sanger Ex Officio Trustees Dr. Mariet Westermann Joyce Frank Menschel Counsel Michael R. Bloomberg S. Parker Gilbert Philip H. Isles Eliot C. Nolen Harold Holzer Mayor of New York City Chairman Frank E. Richardson audit Carl Spielvogel Senior Vice President for Gail Hilson Daniel Brodsky Andrew M. Saul Shelby White Ann G. Tenenbaum External Affairs Mayoral Designee Michel David‑Weill James E. Shipp Chairman Olena Paslawsky Christine Quinn Eliot C. Nolen Shelby White Daniel Brodsky Ex Officio Senior Vice President, Speaker of the City Annette de la Renta Malcolm H. Wiener Philip H. Isles James R. Houghton Chief Financial Officer, Council Frank E. Richardson Allan Weissglass Philippe de Montebello and Treasurer Jeff Soref Lulu C. Wang Advisory Barrie A. Wigmore Emily K. Rafferty J. Nicholas Cameron Speaker Designee Mrs. Herbert Irving Vice President for Adrian Benepe Ex Officio E. John Rosenwald, Jr. Ex Officio By invitation Construction Commissioner of Parks James R. Houghton James R. Houghton Dina Chartouni Nina McN. Diefenbach and Recreation Philippe de Montebello Ex Officio compensation Vice President for Kate D. Levin Emily K. Rafferty James R. Houghton Advisory James R. Houghton Development and Commissioner of Philippe de Montebello Richard Meyerowich Chairman Membership Cultural Affairs executive Emily K. Rafferty Debra A. McDowell James R. Houghton employee benefits S. Parker Gilbert William Thompson Conrad K. Harper Vice President for Chairman investment Comptroller of New James E. Shipp Robert D. Joffe Human Resources Daniel Brodsky S. Parker Gilbert York City Chairman Annette de la Renta Philip T. Venturino S. Parker Gilbert Chairman Susana Torruella Leval Sally Minard E. John Rosenwald, Jr. Vice President for Robert D. Joffe Russell L. Carson Andrew M. Saul Comptroller Designee Henry B. Schacht Facilities Management Philippe de Montebello Eliot C. Nolen Frank E. Richardson Henry B. Schacht Suzanne Brenner Director, The Cynthia Hazen Polsky Oscar Tang Carl Spielvogel buildings Chief Investment Officer Metropolitan Museum Annette de la Renta Lulu C. Wang Allan Weissglass Bruce C. Ratner Grace Brady of Art Frank E. Richardson Barrie A. Wigmore Barrie A. Wigmore Chairman Assistant Secretary/Manager Contents The Board of Trustees 2 Report from the Director and the President 4 Mission Statement 7 Departmental Accessions 8 Objects Sold or Exchanged 41 Education 42 Fellowships and Professional Travel Stipends 43 Museum Publications 46 Exhibitions and Installations 54 Institutions and Organizations Receiving Loans 56 Report of the Chief Financial Officer 59 Financial Statements 63 Categories of Membership 78 Members of the Corporation 78 Contributors to the Museum 83 The Business Committee 100 Professional Advisory Council 100 Multicultural Audience Development Advisory Committee 100 Visiting Committees 101 A Grateful Acknowledgment To the City: For more than a century the City of New York and the Trustees of The Metropolitan Museum of Art have been partners in bringing the Museum’s services to the public. The complex of buildings in Central Park is the property of the City, and the City provides for the Museum’s heat, light, and power. The City also pays for approximately one- third the costs of maintenance and security for the facility and its collections. The collections themselves are held in trust by the Trustees. The Trustees, in turn, are responsible for meeting all expenses connected with conservation, education, special exhibitions, acquisitions, scholarly publications, and related activities, including security costs not covered by the City. To the State: The State of New York again provided valuable support through the New York State Council on the Arts. To the Federal Government: Continued funding from the Institute of Museum and Library Services and the National Endowment of the Arts. Aid from these sources, combined