THE METROPOLITAN MUSEUM OF ART Annual Report for the Year 2005‒2006 The Metropolitan Museum of Art One Hundred Thirty-sixth Annual Report of the Trustees for the Fiscal Year July 1, 2005, through June 30, 2006 Presented to the Corporation of The Metropolitan Museum of Art November 14, 2006 The Board of Trustees November 1, 2006 Chairman Emily K. Rafferty Henry B. Schacht Philippe de Montebello By invitation Ex Officio James R. Houghton President, Oscar Tang Emily K. Rafferty Sally Minard James R. Houghton The Metropolitan Shelby White external affairs Philippe de Montebello Vice Chairmen Museum of Art By invitation Allan Weissglass Emily K. Rafferty S. Parker Gilbert Advisory John Beck Trustees Emeriti Mrs. Vincent Astor Peter Sacerdote Chairman By invitation Annette de la Renta James J. Ross Henry B. Schacht Leonore Annenberg Walter Burke legal Peter Lehrer Placido Arango Mrs. Henry J. Heinz II Conrad K. Harper Vice Chairman Robert Sanna Elective Trustees Mrs. Vincent Astor George B. Munroe Daniel Brodsky Chairman Richard V. Clarke Terence Whalen Mrs. Jackson Burke Robert M. Pennoyer Robert D. Joffe Term Ending September Jeffrey W. Greenberg Walter Burke E. John Rosenwald, Jr. George B. Munroe Ad Hoc Committee of 2007 Henry R. Kravis Richard V. Clarke Arthur Ochs Sulzberger Robert M. Pennoyer the Board of Trustees Susana Torruella Leval Jeffrey W. Greenberg Daniel P. Davison Jayne Wrightsman Frank E. Richardson fund for the met Samuel H. Lindenbaum Bonnie B. Himmelman Peter H. B. Frelinghuysen Malcolm H. Wiener James R. Houghton Henry R. Kravis Mrs. Henry J. Heinz II Ex Officio Joyce Frank Menschel Honorary Chairman Susana Torruella Leval Sir Joseph E. Hotung Philippe de Montebello Ex Officio Cynthia Hazen Polsky Henry R. Kravis James J. Ross Mrs. Herbert Irving Emily K. Rafferty James R. Houghton Bruce C. Ratner National Co-Chairman E. John Rosenwald, Jr. James E. Shipp Henry A. Kissinger acquisitions Philippe de Montebello Annette de la Renta Lulu C. Wang Anthony D. Marshall Annette de la Renta Emily K. Rafferty Muriel Silberstein-Storfer Lowery S. Sims National Co-Chairman Barrie A. Wigmore Barnabas McHenry Chairman education E. John Rosenwald, Jr., Term Ending September Mary R. Morgan Leonore Annenberg Carl Spielvogel Eliot C. Nolen Ann G. Tenenbaum Executive Chairman 2008 George B. Munroe Mrs. Vincent Astor Chairman Diane W. Burke Paula Cussi Robert M. Pennoyer Renée E. Belfer Mrs. Jackson Burke Ex Officio Richard L. Chilton, Jr. Conrad K. Harper Mrs. Milton Petrie Leon D. Black Bonnie B. Himmelman Mrs. Herbert Irving E. John Rosenwald, Jr. Mrs. Jackson Burke James R. Houghton Eliot C. Nolen Susana Torruella Leval Philippe de Montebello Joyce Frank Menschel Cynthia Hazen Polsky Muriel Silberstein-Storfer Michel David-Weill Joyce Frank Menschel Eliot C. Nolen Carl Spielvogel Emily K. Rafferty Annette de la Renta S. Parker Gilbert Cynthia Hazen Polsky merchandising Frank E. Richardson Frank E. Richardson Arthur Ochs Sulzberger Mrs. Henry J. Heinz II E. John Rosenwald, Jr. Lulu C. Wang Jayne Wrightsman Sir Joseph E. Hotung Muriel Silberstein-Storfer Oscar Tang Shelby White David T. Schiff Chairman Oscar Tang Honorary Trustees Mrs. Herbert Irving Carl Spielvogel Barrie A. Wigmore Henry R. Kravis Ann G. Tenenbaum Renée E. Belfer Term Ending September Mrs. Russell B. Aitken Cynthia Hazen Polsky Charlotte C. Weber Jeffrey W. Greenberg Ex Officio 2009 Heinz Berggruen Frank E. Richardson Allan Weissglass Joyce Frank Menschel Philippe de Montebello Richard L. Chilton, Jr. Patti Cadby Birch Andrew M. Saul Mrs. Milton Petrie Emily K. Rafferty Patricia Taylor Buckley Advisory Andrew M. Saul Michel David-Weill David T. Schiff Staff Officers Robert D. Joffe Diane W. Burke Arthur Ochs Sulzberger Diane W. Burke Henry B. Schacht William C. Rudin Karen B. Cohen Oscar Tang Lewis B. Cullman Carl Spielvogel Philippe de Montebello Yannis Costopoulos Director Andrew M. Saul Lulu C. Wang Mary Jaharis Ex Officio Lowery S. Sims Lewis B. Cullman Charlotte C. Weber Sandra Priest Rose Emily K. Rafferty Kitty Carlisle Hart James R. Houghton President Charlotte C. Weber Shelby White Ex Officio Allan Weissglass Norma W. Hess Jayne Wrightsman Philippe de Montebello Mahrukh Tarapor Mary Jaharis James R. Houghton Emily K. Rafferty Associate Director for Term Ending September Anna-Maria Kellen Advisory Philippe de Montebello Exhibitions/Director for 2010 Jan Mitchell Muriel Kallis Newman Emily K. Rafferty By invitation International Affairs, Leon D. Black Samuel H. Lindenbaum Ann Ames Geneva Office S. Parker Gilbert Roy R. Neuberger Ex Officio By invitation Gregory J. Furman Kent Lydecker Joyce Frank Menschel Muriel Kallis Newman James R. Houghton Lucinda Ballard Sally Minard Frederick P. and Sandra Henry B. Schacht Klaus G. Perls Philippe de Montebello Judith Carson Miki U. Tsusaka P. Rose Associate Shelby White Sandra Priest Rose Emily K. Rafferty Joan Firestone membership Director for Education Malcolm H. Wiener Sheikh Nasser Sabah finance Gail Hilson Cynthia Hazen Polsky Doralynn Pines al-Ahmed al-Sabah Henry B. Schacht Linda Sanger Chairman Associate Director for Term Ending September audit 2011 Craig Hugh Smyth Chairman Renée E. Belfer Administration Eugene V. Thaw Daniel Brodsky Shelby White Richard V. Clarke Sharon H. Cott Renée E. Belfer David Tobey Russell L. Carson Chairman Paula Cussi Senior Vice President, Daniel Brodsky Anna Wintour RichardL. Chilton, Jr. Philip H. Isles Joyce Frank Menschel Russell L. Carson Secretary and General Erving Wolf S. Parker Gilbert James E. Shipp Eliot C. Nolen Counsel James R. Houghton Jeffrey W. Greenberg Allan Weissglass Carl Spielvogel Philip H. Isles Harold Holzer Committees of the Henry R. Kravis Barrie A. Wigmore Senior Vice President for Bruce C. Ratner Board of Trustees Philip H. Isles Ex Officio Ann G. Tenenbaum Ex Officio External Affairs nominating Frank E. Richardson James R. Houghton Olena Paslawsky James R. Houghton Ex Officio Trustees S. Parker Gilbert Andrew M. Saul Philippe de Montebello Senior Vice President Michael R. Bloomberg Chairman James E. Shipp By invitation Emily K. Rafferty and Chief Financial Shelby White Mayor of New York City Russell L. Carson Philippe de Montebello By invitation Officer Gail Hilson Michel David-Weill Malcolm H. Wiener J. Nicholas Cameron Emily K. Rafferty Dina Chartouni Mayoral Designee Eliot C. Nolen Vice President for Advisory Advisory compensation Christine Quinn Annette de la Renta Mrs. Herbert Irving Construction Richard Meyerowich James R. Houghton Speaker of the City Frank E. Richardson E. John Rosenwald, Jr. Nina McN. Diefenbach Council Lulu C. Wang employee benefits Chairman Vice President for Adrian Benepe Ex Officio S. Parker Gilbert Development and Ex Officio James E. Shipp Commissioner of Parks James R. Houghton Chairman Conrad K. Harper Membership and Recreation James R. Houghton Philippe de Montebello Richard V. Clarke Annette de la Renta Sally Pearson Kate D. Levin Philippe de Montebello Emily K. Rafferty Susana Torruella Leval E. John Rosenwald, Jr. Vice President and Commissioner of Emily K. Rafferty investment Andrew M. Saul Henry B. Schacht General Manager for executive buildings Cultural Affairs S. Parker Gilbert Henry B. Schacht Merchandise and Retail William Thompson James R. Houghton Chairman Lowery S. Sims Bruce C. Ratner Philip T. Venturino Comptroller of New York Chairman Russell L. Carson Carl Spielvogel Chairman Vice President for City Daniel Brodsky Frank E. Richardson Allan Weissglass Daniel Brodsky Facilities Management Sally Minard S. Parker Gilbert Oscar Tang Barrie A. Wigmore Vice Chairman Steven G. Berstler Comptroller Designee Conrad K. Harper Lulu C. Wang Mrs. Herbert Irving Chief Investment Officer Philippe de Montebello Eliot C. Nolen Barrie A. Wigmore Ex Officio Eliot C. Nolen and Treasurer Director, Cynthia Hazen Polsky James R. Houghton William C. Rudin Grace Brady The Metropolitan Annette de la Renta Ex Officio Philippe de Montebello Henry B. Schacht Assistant Secretary/ Museum of Art Frank E. Richardson James R. Houghton Emily K. Rafferty Shelby White Manager 2 Contents The Board of Trustees 2 Report from the Director and the President 4 Mission Statement 7 Departmental Accessions 8 Objects Sold or Exchanged 43 Education 44 Fellowships and Professional Travel Stipends 45 Museum Publications 48 Exhibitions and Installations 55 Institutions and Organizations Receiving Loans 57 Report of the Chief Financial Officer 60 Financial Statements 65 Categories of Membership 79 Members of the Corporation 79 Contributors to the Museum 84 The Business Committee 101 Professional Advisory Council 101 Multicultural Audience Development Advisory Committee 101 Visiting Committees 102 The Staff 104 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: Funding from the Congress of the United States for the rehabilitation of the Museum’s main outdoor steps at 82nd Street and continued funding from the Institute of Museum and Library Services and the National Endowment of the Arts. Aid from these sources, combined with the generosity of many of our visitors and friends, helps the Metropolitan to serve the public in accordance with its traditional standards of excellence. Recent Acquisitions, 2005–2006, published by the Museum as the Fall 2006 Bulletin, is a companion to this Annual Report. For those who do not receive Recent Acquisitions, copies of this special volume may be purchased in the Museum bookshop.