Ithaca's Museum of Earth Faces Foreclosure by Year-End

The Museum of Earth in Ithaca is at risk of closing if it fails to raise $1 million by December 31. The 93-year-old museum, operated by the Paleontological Research Institution (PRI), houses one of the world's largest fossil collections. The financial crisis emerged after the loss of a major donor who had previously covered the museum's mortgage payments. According to CNY Central, the museum has not made a mortgage payment in 15 months, and the loan is now accruing interest at 13%.

PRI Director Warren D. Allmon explained that the museum's financial troubles began in 2022 when the donor defaulted on a $30 million pledge. Staff layoffs and public donations have kept the museum afloat, but the situation remains dire. If the museum closes, most of its fossils will be relocated to other institutions, with many leaving New York State.

The museum is actively seeking donations, ranging from $1 to $500, to keep its doors open. As reported by the Ithaca Times, PRI has received two $1 million donations this year, but still owes $3 million. The museum offers educational programs and events, emphasizing its importance to the community. PRI is hopeful that small contributions from individuals and organizations will help bridge the financial gap.