74th Annual Report for the Pennsylvania Academy of the Fine Arts
Item
Title
74th Annual Report for the Pennsylvania Academy of the Fine Arts
Identifier
1879-AR.pdf
Date
1879
Creator
Pennsylvania Academy of the Fine Arts
Subject
annual report
finance report
school report
exhibition
history
Publisher
The Pennsylvania Academy of the Fine Arts' Dorothy and Kenneth Woodcock Archives
Medium
paper
Format
PDF
Source
The Pennsylvania Academy of the Fine Arts' Dorothy and Kenneth Woodcock Archives
Language
eng
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extracted text
74TH
ANNUAL REPORT
,OF THE
P ENNSYLV ANIA 'ACAD EMY
OF THE
FINE ARTS
FOR
1879.
PHILADELPHIA:
COLLINS, PRINTER, 705 JAYNE STREET.
1880 .
.... -- --- - ~
.,.
,
,, ' -- - - - - -
OFFICERS OF
T~E
ACADEMY FOR
1879.
' PRESIDENT.
JAMES L. CLAGHORN.
DIRECTORS.
GEORGE S. PEPPER,
JOSEPH W. BATES,
HENRY C. GIBSON,
WILLIAM S. BAKER,
FAIRMAN ROGERS,
EDWARD H. COATES,
, F. ODEN HORSTMANN,:
CLARENCE H. CLARK,
WILLIAM B. BEMENT,
ATHERTON ,BLIGHT,
JAMES S. MARTIN.
. CO~MITTEE 'ON ACADEMY PROPERTy'.
HENRY C. GIBSON,
GEORGE ,So PEPPER,
CLARENCE H. CLARK,
EDWARD H. COATES,
WILLIAM B. BEMENT.
COMMITTEE ON FINANCE.
ATHERTON BLIGHT.
COMMITTEE ON INSTRUCTION.
FAIRMAN ROGERS,
JOSEPH W. BATES,
F. ODEN HORSTMANN.
COMMITTEE ON EXHIBITION.
WILLIAM B. BEMENT,
JAMES S. MARTIN.
GEORGES. PEPPER,
JOSEPH W. BATES,
WILLIAM S. BAKER,
ARTISTS ADDED TO THE COMMITTEE FOR THE ANNUAL EXHIRITION.
NEWBOLD H. TROTTER,
PETER MORAN,
THOMAS EAKINS.
CHARLES LINFORD,
TREASURER.
EDWARD H. COATES .
. \
SECRETARY.
GEORGE CORLISS.
LiBRARIAN.
HENR Y C. WHIPPLE.
SCHOOL DEPARTMENT.
PROFESSOR OF DRAWING AND PAINTING.
CHRISTIAN SCHUSSELE,
(Succeeded by THOMAS EAKINS.)
PROFESSOR OF ARTISTIC ANATOMY.
W. W. KEEN, M.D.
ASSISTANT PROFESSOR OF DRAWING AND PAIN'rING AND CHIEF DEMONSTRATOR
OF ANATOMY.
THOMAS EAKINS
(Succeeded by JAMES P; KELLY, as .Demonstrator.)
74 TH ,
ANNUAL REPORT
OF THE
~ENNSYLVANIA ACADEMy OF THE
FINE ARTS
THE Board of , Directors' 'of the Pennsylvania Academy of the
Fine Arts respectfully submits to the Stockholders the followii1g
report, for the year I~79 :'-
'fHE ART PROPERTY
of the Academy has receive4 accessions even more important than
those announced , at the ' last 'annual meeting. The most valuable
acquisition is the collection received from the ' Estate of the late
Henry C.Carey, comprising, 55 , paintings, 4 water colors, 2 black
and white drawings, 2 statues in marble by Steinhauser, I statuette
in marble (a copy of Canova's "Dancing Girl Reposing!'), I g'roup
in French bronze (a reductlon of Kiss's c'olossal Amazon on Horse~
back attacked by a Panther)..
/
The paintings in this collection are especially valuable ill view of
the fact that they represent an important period in the history of
English and American Art, which, hitherto, could rarely be studied
and enjoyed here, except through-the medium of books and prints.
Many of..thesepictures will ' be recognized as old friends by those
who see them for the first time-engravings made from them having
obtained a wide circulation and a kindly reception:
"',The Philadelphia publiC is fortunate in having this,opportunity tf)
become well acquainted with. the original work of such English
4
I
artists as Collins, Cooper, Eastlake, Leslie, Maclise, Morland,
Pyne, Stanfield, and Wilson; and such Americans as Huntington,
Mount, Page, and Inman. Stuart, Sully, and .others, of whose .
work the Academy already possessed good examples, are also well
represented in this collection.
The Carey Collection was -delivered to the Academy Nov. 17,
1879, so~n after 'the death of Mr. Carey, under an agreement made
June 7, 1873. This agreement, between Mr. Carey anq the
Academy, reCited that the former, in a wi,ll previously made, had
bequeathed certain works of art to the Academy under certain '
conditions; and also acknowledges the receipt from the Academy
of the sum of $ I 2,000 in full satisfactio?- of one of these conditions
-the other being that the works thus conveyed should be kept
together and exhibited as the Carey Collection.
Another accession to the Academy's art property deserving
especial notice, consists of four carefully selected original Tanagra
figurines, presented by Mr. Fairman Rogers. These are the only
examples of such work in Philadelphia. They represent a peculiar
. and interesting phase of Greek art, dating back more than 2000
years.
There were also received during the year, the following gifts:--;A bronze medal, struck by the Numismatic and Anti.. quarian Society of Philadelphia.
From the Society.
A portrait . bust, in plaster, -of Lord Lorn y, Go~}!rnor
General of Canada, modelled from life- by F. A. T.
Dunbar.
From the Artist .
.Eight black and white drawings in oil, painted by the
. following students of the Academy:I Chas. L. Fussell.
Chas. H. Stephens.
Alice Barber.
Philip B. Hahs.
Jas. B. Kelly.
Thos. Anshutz.
Susan H. Macdowell.
Walter M. Dunk.
From the Artists.
[These drawings represent 'Academy classes at , work; and are
tile originals of engravings . in an article published in Scribner's
Monthly, September, 1879.J
(
5
-A set of proof~ o( the engravings- on wood for the article
- above mentioned. [Framed.]
From Mrs. Jas. L. Claghorn:
Two. proofs of engravings on wood made and presented 'by
[Framed]
Miss Alice Barber.
LIBRARY, PRINT COLLECTION, ETC.
The number of volumes purchased during the year was 5, presented 18, total 23 .
.Of the giftsI I were received from Mr. Fairman Rogers.
· 2
"
d
Executors of H. C. Carey.
I was received from [State] Board of Commissioners of Public
Charities.
[U:
S.] Bureau of Education.
"
"
Inter-State
Industrial Exhibition of Chicago.
I
"
"
Franklin
Fire
Insurance Co.
. 1
"
"
E.
Brainerd.
Mr.
I
"
"
Twelve pamphlets also were purchased, and a number of others
presented by the following persons and institutions : - .
Mr. Fairman Rogers.
American Water Color Society, N. Y.
Boston Art Club.
Renner & Co., N. Y.
Society of AIl!erican Artists, N. Y.
H. P . Bowditch, M.D., ·Boston.
Library of Harvard University.
r
Numismatic and Antiquari~n Society of Philadelphia.
National Atademy of Design, N. Y.
San Francisco Art Association.
Metropolitan Museum of Art, N. Y.
Cincinnati ·Industrial Exposition.
Mercantile Library Co., N. Y.
National Educational Association.
Pennsylvania Hospital.
Maatschapij Arti et Amiciti::e, Amsterd~m.
Mr. W. McAlpin, Cincinnati.
Rhode Island Schooi of Design.
W. M. French, Sec'y Chicago Academy of the Fine Arts . . .
P. L. Senat, Sec'y Philadelphia Society .of Artists.
*
6
Seven photographs were received (rom Mrs. G. 'L. Feuarderit, of
New York j arid 38 from the Trustees of the Corcoran Gallery of
Art, ,Washirigton.
'
A full ·set of impressions of H. Wright Smith's engraving of Jhe
head of Washington, after Stuart, was presented by Mr. W. S.
, Baker.
A large colkcti9n ,of ·drawin,gs and tracings . made by the ,late
Prof. Thierry while Master of th~ Government A)t School at Carlsruhe, was presented by Mr. G. F. T. Reed, of New Yprk, who
also made the first subscription <?n .the plan adopted last year for
the extinguishment of ,th~ Academy's debt. Mr. Reed's ;;~bscrip
tiqn, ,amounting to $rooo, was paid at once.
EXHIBITIONS.
The galleries have been kept open every day 'd,uring the year,
except for three weeks while the Spring Exhibition was in prepara- '
tion, and one week for ,a similar reason in the fall. '
The Spring Exhib.ition included three new features which prov:ed
very attractiYe; (I) the ;;tudents' exhibit, occupying an e~tire room)
and designed 'to :show the results of their studies in the Academy;
( 2) the collective exhibit of the Society of American Artists of
New York, illustrating the ~ost ;dvariced or ~adical theories of
art; (3) a series of promenade rehearsals by the Germania Orchestra, in the galleries, on Saturday afternoons. '
Xn October last, a second 'series of the promenade rehearsals was
inaugurated-the orchestra sharing the' expense~ and receipts. This ,
is ,still in progress-every Thursday afternoon since the commencement haYing' been devoted to the concerts, which are quietly and
steadily growing in favor with ,the lovers of good ~usic. It is be, lieved that the general attendance ' is increased by the music days,
which incidentally do much to spread a knowledge of what is to
be seen in the Academy.
In November last, the first annual Exhibition of the Philadelphia
Society of Artists was held in the Academy with very gratifying results. The managers of the exhibition are to be especially congratulated on their success in selling pictures, a matter of vital consequence to the Exhibition, both, financially and artisticaH~.
The Mary Smith Prize was awarded for the first time during the
last Spring Exhibition. The fortunate competitor was Miss Susan
!
H. Macdowell, a student of the Academy, and her success was
universally qm:sidered well earn~d .
Since the close of the Exhibition of the Philadelphia Society of
Artists, a vt;ry attractive special exhibition has been made by cotp.bining the Carey Collection, and a large number of rare engravings
and 'etchings loaned by H. F. Sewall, Esq. , of New York, and the
President of the Academy.
The whole number of works of art received by the Exhibition
Committee during the year was II8!. Of these, 681 were sent in.
for the Spring E~hibition, in which, however, only 578 were placed,
the remaining 103 being in most. cases not considered sufficiently
meritorious--:-though spme of those accepted for the students' department were excluded in consequence of lack of room.
Of the remaining works received, 354 were framed €l)gravings,
,etchings, etc.
These statistics do not of <;outse. inclu<;ir;: the Exhibition of the
Society of Artists, which was an addition of great importance to the'
opportuniti~s for, culture offered at th~ Academy during the year.
The coming Spring Exhibition will open on the 5th of h..pril,
three weeks earlier than usual.
SCHOOL DEPARTMENT.
•
I
On the 21St of August the death of Prof. Schussele deprived the
Academy studel)ts of a wise and faithful leader. .
Pwf. Schussele ha}l been in charge of ~h~ classes for eleven years,
and his conduct throughout won the respect of all those with. whom,
his clutiesbrought him in q:mtact, and the affection of many .
. Fortunately for the Academy, his successor, Prof. T1;orpa;; Eakins,
had long worked with him and in the Acad~my. The prog.re$S of
the class~s was, therefore, but little interrupted;
New classes have been establis0-ed, and increased opportun.ities
for study offered, and eagerly accepted by the stude]1ts; Th~
earn~tn~ss ' shown by them is very encouraging .
. The number of admissions a~d promotions during the yr;:ar was
as follows:-
·8
ADMISSIONS INTO
,:.-----'---~ .
. Old term (last half)
New term (first half)
Total
PROMOTIONS INTO
,--~-;----~
1st Ant.
zd. Ant.
Life
zd Ant.
class .
class.
class.
class.
class . .
34
9I
5
3
III
17
31
26
13
; 125
36
II4
Z1
Life
39
Whole number of admissions in all classes 275.
"
"
promotions 77.
, "
"
students belonging to the Academy, Dec. 31,
1879, 231, of whom 58 were in the first antique class, 59 in the
second, and 124 in the life class.
Average daily attendance in December 102!
Average daily time of each student 3Yz hours.
In estimating the ,average attendance no account is taken of Dr.
Keen's lectures on Artistic Anatomy, which still remain a special
feature of the Academy's course of study.
Subscriptions to the schools amounting to $816.00 have been received during the year. $500.00 of this amount were given by Mr.
R. N. Toppan as a permanent fund.
FINANCES.
The financial prospect, though far from entirely satisfactory, is
not so gloomy as was reported at the last annual meeting.
The balance sheet appended shows that the expenses have been
$330.39 in excess of the estimate then made ($16,400.00); but
the receipts having been increased in a much larger proportion, the
deficit is about $2000.00 less thanwasantieipated, being $II,388.00.
Of this amount $8529.85 is for interest, showing that ,but for the
debt resting on the Academy, less than $3000.00 a year would remain to be provided for to keep the Academy in operation on the
present liberal basis; and the increasing interest in ,the exhibitions
warrants the hope that this matter would soon take care of itself.
' With these things in mind, your Board early in the year started
a subscription to payoff the debt. The results, allowance being
made for interruption during the summer, before the 'Work had got '
well under way, have been fairly satisfactory.
The subscriptions thus far obtained for this purpose amount to
-9
about $50,000.00, which are binding when ' the whole amount subscribed reaches $100,000.00.
Interest is paid semi-annually on these subscriptions, as shown by
the balance sheet.
Subscriptions for current expenses, amounting to $400.00, have
Itlso been received during the year, as ~ell as special subscriptions
for the schools mentio~ed in a previous article. .
.
[Read at the annual meeting of stockholders, Feb. z, 1880.J
-1
BALANCE SHEET DECEMBER 31, 1879.
LIABILITIES.
ASSETS.
Real Estate Broad and Cherry, with Furniture,
Fixtures, etc.
Art, School, and Library Property.
Real Estate 1409 Chestnut Street .
Ground Rent Receivable, Pemi Square
Investment in P. A. F. A. Bonds .
Penna. 5 %State Loan, in trust for Mary Smith Prize
Loan Receivable (secured by pictures)
Cash
"
$478, 009
212,967
55,000
30,000
38,000
2,000
520
244
18
02
00
00
00
00
74
53
Capital Stock
$387,000 00
Old Stock
.'
13.450 00
SUbscriptions 'to New Stock (amt. paid on acc't on
-500 00 _
old subscriptions overdue) .
Mortgage ' Payable, Broad and ,Cherry
150,000 00 '
1409, Chestnut Street
23,000 00
Loans Payable
34:,000 00
r.t
Mary Smith Prize Fund
2,00000. o
Student"s Fund
5n 50
School Fund
500 00
Surplus Capital per last Annual Report $2-1 5,:101 97
Add Subscriptions without Stock
(Drexel) .
2,000 ,00
$ 21 7,IOi 97 '
Less net loss shown below
-x-Present Surplus .
n,388 00
$ 20 5,7 13 97
$816,74 1 47
$816,74 1 47
'-!
•
NET EXPENSES
~ND
LOSSES.
NET GAINS .
General Running Expenses
$5360 61
Instruction .
2231 66
Expenses -of Phillips Collection and Library.
Interest
..
6b8 27
85 2 9
85
$2,011 25
General ExhibItion
50th Annual Exhibition
88 46
Reveliue 1409_Chestnut Street (against which is $1380.00
in the Interest account)
.
Subscriptions for Annual Expenses
Discount on old Stock
Interest on Subscriptions
Total Net Loss.
$16,73 0 39
-x- Unavailable for cancelling debt because invested in art property and building.
1,382 b8
400 00
155 00
1,305 00
11,388 00
$16,73 0 39
H
H
ANNUAL REPORT
,OF THE
P ENNSYLV ANIA 'ACAD EMY
OF THE
FINE ARTS
FOR
1879.
PHILADELPHIA:
COLLINS, PRINTER, 705 JAYNE STREET.
1880 .
.... -- --- - ~
.,.
,
,, ' -- - - - - -
OFFICERS OF
T~E
ACADEMY FOR
1879.
' PRESIDENT.
JAMES L. CLAGHORN.
DIRECTORS.
GEORGE S. PEPPER,
JOSEPH W. BATES,
HENRY C. GIBSON,
WILLIAM S. BAKER,
FAIRMAN ROGERS,
EDWARD H. COATES,
, F. ODEN HORSTMANN,:
CLARENCE H. CLARK,
WILLIAM B. BEMENT,
ATHERTON ,BLIGHT,
JAMES S. MARTIN.
. CO~MITTEE 'ON ACADEMY PROPERTy'.
HENRY C. GIBSON,
GEORGE ,So PEPPER,
CLARENCE H. CLARK,
EDWARD H. COATES,
WILLIAM B. BEMENT.
COMMITTEE ON FINANCE.
ATHERTON BLIGHT.
COMMITTEE ON INSTRUCTION.
FAIRMAN ROGERS,
JOSEPH W. BATES,
F. ODEN HORSTMANN.
COMMITTEE ON EXHIBITION.
WILLIAM B. BEMENT,
JAMES S. MARTIN.
GEORGES. PEPPER,
JOSEPH W. BATES,
WILLIAM S. BAKER,
ARTISTS ADDED TO THE COMMITTEE FOR THE ANNUAL EXHIRITION.
NEWBOLD H. TROTTER,
PETER MORAN,
THOMAS EAKINS.
CHARLES LINFORD,
TREASURER.
EDWARD H. COATES .
. \
SECRETARY.
GEORGE CORLISS.
LiBRARIAN.
HENR Y C. WHIPPLE.
SCHOOL DEPARTMENT.
PROFESSOR OF DRAWING AND PAINTING.
CHRISTIAN SCHUSSELE,
(Succeeded by THOMAS EAKINS.)
PROFESSOR OF ARTISTIC ANATOMY.
W. W. KEEN, M.D.
ASSISTANT PROFESSOR OF DRAWING AND PAIN'rING AND CHIEF DEMONSTRATOR
OF ANATOMY.
THOMAS EAKINS
(Succeeded by JAMES P; KELLY, as .Demonstrator.)
74 TH ,
ANNUAL REPORT
OF THE
~ENNSYLVANIA ACADEMy OF THE
FINE ARTS
THE Board of , Directors' 'of the Pennsylvania Academy of the
Fine Arts respectfully submits to the Stockholders the followii1g
report, for the year I~79 :'-
'fHE ART PROPERTY
of the Academy has receive4 accessions even more important than
those announced , at the ' last 'annual meeting. The most valuable
acquisition is the collection received from the ' Estate of the late
Henry C.Carey, comprising, 55 , paintings, 4 water colors, 2 black
and white drawings, 2 statues in marble by Steinhauser, I statuette
in marble (a copy of Canova's "Dancing Girl Reposing!'), I g'roup
in French bronze (a reductlon of Kiss's c'olossal Amazon on Horse~
back attacked by a Panther)..
/
The paintings in this collection are especially valuable ill view of
the fact that they represent an important period in the history of
English and American Art, which, hitherto, could rarely be studied
and enjoyed here, except through-the medium of books and prints.
Many of..thesepictures will ' be recognized as old friends by those
who see them for the first time-engravings made from them having
obtained a wide circulation and a kindly reception:
"',The Philadelphia publiC is fortunate in having this,opportunity tf)
become well acquainted with. the original work of such English
4
I
artists as Collins, Cooper, Eastlake, Leslie, Maclise, Morland,
Pyne, Stanfield, and Wilson; and such Americans as Huntington,
Mount, Page, and Inman. Stuart, Sully, and .others, of whose .
work the Academy already possessed good examples, are also well
represented in this collection.
The Carey Collection was -delivered to the Academy Nov. 17,
1879, so~n after 'the death of Mr. Carey, under an agreement made
June 7, 1873. This agreement, between Mr. Carey anq the
Academy, reCited that the former, in a wi,ll previously made, had
bequeathed certain works of art to the Academy under certain '
conditions; and also acknowledges the receipt from the Academy
of the sum of $ I 2,000 in full satisfactio?- of one of these conditions
-the other being that the works thus conveyed should be kept
together and exhibited as the Carey Collection.
Another accession to the Academy's art property deserving
especial notice, consists of four carefully selected original Tanagra
figurines, presented by Mr. Fairman Rogers. These are the only
examples of such work in Philadelphia. They represent a peculiar
. and interesting phase of Greek art, dating back more than 2000
years.
There were also received during the year, the following gifts:--;A bronze medal, struck by the Numismatic and Anti.. quarian Society of Philadelphia.
From the Society.
A portrait . bust, in plaster, -of Lord Lorn y, Go~}!rnor
General of Canada, modelled from life- by F. A. T.
Dunbar.
From the Artist .
.Eight black and white drawings in oil, painted by the
. following students of the Academy:I Chas. L. Fussell.
Chas. H. Stephens.
Alice Barber.
Philip B. Hahs.
Jas. B. Kelly.
Thos. Anshutz.
Susan H. Macdowell.
Walter M. Dunk.
From the Artists.
[These drawings represent 'Academy classes at , work; and are
tile originals of engravings . in an article published in Scribner's
Monthly, September, 1879.J
(
5
-A set of proof~ o( the engravings- on wood for the article
- above mentioned. [Framed.]
From Mrs. Jas. L. Claghorn:
Two. proofs of engravings on wood made and presented 'by
[Framed]
Miss Alice Barber.
LIBRARY, PRINT COLLECTION, ETC.
The number of volumes purchased during the year was 5, presented 18, total 23 .
.Of the giftsI I were received from Mr. Fairman Rogers.
· 2
"
d
Executors of H. C. Carey.
I was received from [State] Board of Commissioners of Public
Charities.
[U:
S.] Bureau of Education.
"
"
Inter-State
Industrial Exhibition of Chicago.
I
"
"
Franklin
Fire
Insurance Co.
. 1
"
"
E.
Brainerd.
Mr.
I
"
"
Twelve pamphlets also were purchased, and a number of others
presented by the following persons and institutions : - .
Mr. Fairman Rogers.
American Water Color Society, N. Y.
Boston Art Club.
Renner & Co., N. Y.
Society of AIl!erican Artists, N. Y.
H. P . Bowditch, M.D., ·Boston.
Library of Harvard University.
r
Numismatic and Antiquari~n Society of Philadelphia.
National Atademy of Design, N. Y.
San Francisco Art Association.
Metropolitan Museum of Art, N. Y.
Cincinnati ·Industrial Exposition.
Mercantile Library Co., N. Y.
National Educational Association.
Pennsylvania Hospital.
Maatschapij Arti et Amiciti::e, Amsterd~m.
Mr. W. McAlpin, Cincinnati.
Rhode Island Schooi of Design.
W. M. French, Sec'y Chicago Academy of the Fine Arts . . .
P. L. Senat, Sec'y Philadelphia Society .of Artists.
*
6
Seven photographs were received (rom Mrs. G. 'L. Feuarderit, of
New York j arid 38 from the Trustees of the Corcoran Gallery of
Art, ,Washirigton.
'
A full ·set of impressions of H. Wright Smith's engraving of Jhe
head of Washington, after Stuart, was presented by Mr. W. S.
, Baker.
A large colkcti9n ,of ·drawin,gs and tracings . made by the ,late
Prof. Thierry while Master of th~ Government A)t School at Carlsruhe, was presented by Mr. G. F. T. Reed, of New Yprk, who
also made the first subscription <?n .the plan adopted last year for
the extinguishment of ,th~ Academy's debt. Mr. Reed's ;;~bscrip
tiqn, ,amounting to $rooo, was paid at once.
EXHIBITIONS.
The galleries have been kept open every day 'd,uring the year,
except for three weeks while the Spring Exhibition was in prepara- '
tion, and one week for ,a similar reason in the fall. '
The Spring Exhib.ition included three new features which prov:ed
very attractiYe; (I) the ;;tudents' exhibit, occupying an e~tire room)
and designed 'to :show the results of their studies in the Academy;
( 2) the collective exhibit of the Society of American Artists of
New York, illustrating the ~ost ;dvariced or ~adical theories of
art; (3) a series of promenade rehearsals by the Germania Orchestra, in the galleries, on Saturday afternoons. '
Xn October last, a second 'series of the promenade rehearsals was
inaugurated-the orchestra sharing the' expense~ and receipts. This ,
is ,still in progress-every Thursday afternoon since the commencement haYing' been devoted to the concerts, which are quietly and
steadily growing in favor with ,the lovers of good ~usic. It is be, lieved that the general attendance ' is increased by the music days,
which incidentally do much to spread a knowledge of what is to
be seen in the Academy.
In November last, the first annual Exhibition of the Philadelphia
Society of Artists was held in the Academy with very gratifying results. The managers of the exhibition are to be especially congratulated on their success in selling pictures, a matter of vital consequence to the Exhibition, both, financially and artisticaH~.
The Mary Smith Prize was awarded for the first time during the
last Spring Exhibition. The fortunate competitor was Miss Susan
!
H. Macdowell, a student of the Academy, and her success was
universally qm:sidered well earn~d .
Since the close of the Exhibition of the Philadelphia Society of
Artists, a vt;ry attractive special exhibition has been made by cotp.bining the Carey Collection, and a large number of rare engravings
and 'etchings loaned by H. F. Sewall, Esq. , of New York, and the
President of the Academy.
The whole number of works of art received by the Exhibition
Committee during the year was II8!. Of these, 681 were sent in.
for the Spring E~hibition, in which, however, only 578 were placed,
the remaining 103 being in most. cases not considered sufficiently
meritorious--:-though spme of those accepted for the students' department were excluded in consequence of lack of room.
Of the remaining works received, 354 were framed €l)gravings,
,etchings, etc.
These statistics do not of <;outse. inclu<;ir;: the Exhibition of the
Society of Artists, which was an addition of great importance to the'
opportuniti~s for, culture offered at th~ Academy during the year.
The coming Spring Exhibition will open on the 5th of h..pril,
three weeks earlier than usual.
SCHOOL DEPARTMENT.
•
I
On the 21St of August the death of Prof. Schussele deprived the
Academy studel)ts of a wise and faithful leader. .
Pwf. Schussele ha}l been in charge of ~h~ classes for eleven years,
and his conduct throughout won the respect of all those with. whom,
his clutiesbrought him in q:mtact, and the affection of many .
. Fortunately for the Academy, his successor, Prof. T1;orpa;; Eakins,
had long worked with him and in the Acad~my. The prog.re$S of
the class~s was, therefore, but little interrupted;
New classes have been establis0-ed, and increased opportun.ities
for study offered, and eagerly accepted by the stude]1ts; Th~
earn~tn~ss ' shown by them is very encouraging .
. The number of admissions a~d promotions during the yr;:ar was
as follows:-
·8
ADMISSIONS INTO
,:.-----'---~ .
. Old term (last half)
New term (first half)
Total
PROMOTIONS INTO
,--~-;----~
1st Ant.
zd. Ant.
Life
zd Ant.
class .
class.
class.
class.
class . .
34
9I
5
3
III
17
31
26
13
; 125
36
II4
Z1
Life
39
Whole number of admissions in all classes 275.
"
"
promotions 77.
, "
"
students belonging to the Academy, Dec. 31,
1879, 231, of whom 58 were in the first antique class, 59 in the
second, and 124 in the life class.
Average daily attendance in December 102!
Average daily time of each student 3Yz hours.
In estimating the ,average attendance no account is taken of Dr.
Keen's lectures on Artistic Anatomy, which still remain a special
feature of the Academy's course of study.
Subscriptions to the schools amounting to $816.00 have been received during the year. $500.00 of this amount were given by Mr.
R. N. Toppan as a permanent fund.
FINANCES.
The financial prospect, though far from entirely satisfactory, is
not so gloomy as was reported at the last annual meeting.
The balance sheet appended shows that the expenses have been
$330.39 in excess of the estimate then made ($16,400.00); but
the receipts having been increased in a much larger proportion, the
deficit is about $2000.00 less thanwasantieipated, being $II,388.00.
Of this amount $8529.85 is for interest, showing that ,but for the
debt resting on the Academy, less than $3000.00 a year would remain to be provided for to keep the Academy in operation on the
present liberal basis; and the increasing interest in ,the exhibitions
warrants the hope that this matter would soon take care of itself.
' With these things in mind, your Board early in the year started
a subscription to payoff the debt. The results, allowance being
made for interruption during the summer, before the 'Work had got '
well under way, have been fairly satisfactory.
The subscriptions thus far obtained for this purpose amount to
-9
about $50,000.00, which are binding when ' the whole amount subscribed reaches $100,000.00.
Interest is paid semi-annually on these subscriptions, as shown by
the balance sheet.
Subscriptions for current expenses, amounting to $400.00, have
Itlso been received during the year, as ~ell as special subscriptions
for the schools mentio~ed in a previous article. .
.
[Read at the annual meeting of stockholders, Feb. z, 1880.J
-1
BALANCE SHEET DECEMBER 31, 1879.
LIABILITIES.
ASSETS.
Real Estate Broad and Cherry, with Furniture,
Fixtures, etc.
Art, School, and Library Property.
Real Estate 1409 Chestnut Street .
Ground Rent Receivable, Pemi Square
Investment in P. A. F. A. Bonds .
Penna. 5 %State Loan, in trust for Mary Smith Prize
Loan Receivable (secured by pictures)
Cash
"
$478, 009
212,967
55,000
30,000
38,000
2,000
520
244
18
02
00
00
00
00
74
53
Capital Stock
$387,000 00
Old Stock
.'
13.450 00
SUbscriptions 'to New Stock (amt. paid on acc't on
-500 00 _
old subscriptions overdue) .
Mortgage ' Payable, Broad and ,Cherry
150,000 00 '
1409, Chestnut Street
23,000 00
Loans Payable
34:,000 00
r.t
Mary Smith Prize Fund
2,00000. o
Student"s Fund
5n 50
School Fund
500 00
Surplus Capital per last Annual Report $2-1 5,:101 97
Add Subscriptions without Stock
(Drexel) .
2,000 ,00
$ 21 7,IOi 97 '
Less net loss shown below
-x-Present Surplus .
n,388 00
$ 20 5,7 13 97
$816,74 1 47
$816,74 1 47
'-!
•
NET EXPENSES
~ND
LOSSES.
NET GAINS .
General Running Expenses
$5360 61
Instruction .
2231 66
Expenses -of Phillips Collection and Library.
Interest
..
6b8 27
85 2 9
85
$2,011 25
General ExhibItion
50th Annual Exhibition
88 46
Reveliue 1409_Chestnut Street (against which is $1380.00
in the Interest account)
.
Subscriptions for Annual Expenses
Discount on old Stock
Interest on Subscriptions
Total Net Loss.
$16,73 0 39
-x- Unavailable for cancelling debt because invested in art property and building.
1,382 b8
400 00
155 00
1,305 00
11,388 00
$16,73 0 39
H
H