MoMath, the Museum of Math, Planned for New York

It’s still a difficult period for museums, with endowments still down from their peak in 2007 and cutbacks and layoffs remain a regular occurrence. Case in point, the recent news that the Minneapolis Institute of Arts has been forced to cut 10 staff positions and somehow trim $1.4 million from their budget. Despite those industry warnings and woes, there’s a push to bring a new museum to New York, the MoMath, dedicated to “the wonders of mathematics and its connections with art, science and finance.” The AP reports that the museum is the idea of Glen Whitney, a former hedge fund analyst, who wants to bring math to the people. They need $30 million to launch the museum in the ground floor of a building in Chelsea and they’ve already raised $22 million of that, helped most recently by a $2 million grant given to them by Google. Assuming they can raise the rest, the plan is to open their new home sometime in 2012. In the interim, their trial, traveling exhibition, “Math Midway,” continues touring throughout the country and their site is up and running, of course with a gift shop selling all sorts of math-related stuffs.