The Palm Springs Art Museum has been in flux since former Executive Director/CEO Adam Lerner's abrupt decision to leave in April. A new Los Angeles Times article uncovered a financial crisis that may have contributed to that decision.

The museum's board recently experienced a mass exodus, with a third of the institution's trustees resigning, and its board has fallen below the minimum number legally required to operate.

To further complicate matters, on Nov. 18, an article published by the Los Angeles Times reported that the museum's accounting firm, Eide Bailly, issued a warning letter concerning the misreporting of endowment spending, improper valuation of donated and deaccessioned art, and incorrect admission revenue recording.

Internal audit documents submitted to and examined by t

See Full Page