Monday, April 25, 2005 / Business / Museum donors set record / Business / Museum donors set record: "BUSINESS NOTEBOOK
Museum donors set record
By Kathy McCabe | April 24, 2005
When the Peabody Essex Museum recast itself as a museum of international art and culture, some wondered how donors would respond to the new paradigm for a beloved Salem institution, famous for its collection of maritime art and artifacts.

But there seems little doubt that donors approve of the Peabody Essex, the North Shore's largest museum, which two years ago completed a $125 million expansion in downtown Salem.
Donors gave a record $194 million to the Third Century Campaign, an asset-building fund launched more than a decade ago, to pay for the museum expansion. A new 110,000-square-foot wing doubled the size of the museum, adding new gallery, exhibition, and public meeting space."

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