Public Museum Near 75% of Funding Goal
MPM seeks $150 million in private donations for new $240 million museum.
As the future Milwaukee Public Museum begins to rise out of the ground, MPM Inc. says fundraising for the project is going well.
MPM is fundraising for a new five-story, 200,000-square-foot museum, which will be built at the northeast corner of N. 6th Street and W. McKinley Avenue, replacing the existing museum at 800 W. Wells St. The museum, built in 1962, has mounting maintenance issues that prompted MPM to develop a new facility.
The $240 million project received $45 million from Milwaukee County and $40 million from the state. MPM is attempting to raise another $150 million in private donations and $5 million in federal grants.
That effort is going well, Ellen Censky, MPM president and CEO told supervisors on county board’s Committee on Parks and Culture Tuesday. Though, upon questioning by Sup. Steve Taylor, Censky declined to provide a specific figure for how much has been raised.
The holidays are prime time for soliciting donations, and Censky said they did not want to reveal any figures publicly until after the giving season eneded. “The number is going up every single day as we bring in funding,” she said.
She did say MPM had raised nearly 75% of its $150 million goal, and it is only halfway through the five-year capital campaign. When MPM held a ceremonial groundbreaking for the new museum in early May, it had raised approximately $80 million.
Currently, $200 million is budgeted for construction; $20 million for the packing, moving and storage of the 4 million items in the museum’s collections, which has already gotten underway; and $20 million will be set aside for a endowment to provide the institution with long term funding. The push for endowment funding will likely continue after the building is constructed.
Construction began this summer, with pilings being driven into the ground at the 2.4-acre site, Censky said. In October, the City of Milwaukee approved building permits for the project, “which then allows the building to actually go vertical, and, in fact, that has started to happen.”
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More about the New Natural History Museum
- MKE County: Public Museum Near 75% of Funding Goal - Graham Kilmer - Dec 4th, 2024
- MKE County: What Will Be Done With Existing Public Museum Building? - Graham Kilmer - Aug 7th, 2024
- Indigenous Artist Creating Art Installation For New Public Museum - Graham Kilmer - Aug 1st, 2024
- MPM Holds Groundbreaking for $240 Million Museum - Graham Kilmer - May 7th, 2024
- Kohl Philanthropies Donates $2 Million to New Public Museum - Graham Kilmer - Apr 30th, 2024
- Construction of New Museum Scheduled for Summer - Graham Kilmer - Mar 12th, 2024
- Museum Begins Epic Task Packing Collections - Graham Kilmer - Feb 27th, 2024
- New Federal Rules May Require Public Museum to Remove Some Exhibits - Graham Kilmer - Feb 2nd, 2024
- MKE County: Public Museum Experiencing Frequent Maintenance Issues - Graham Kilmer - Dec 14th, 2023
- MKE County: MPM Needs $35 Million To Begin New Museum Construction - Graham Kilmer - Dec 12th, 2023
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