USF backs out of acquiring insolvent S.F. Art Institute

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USF backs out of acquiring insolvent S.F. Art Institute
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The 151-year-old financially strapped San Francisco Art Institute will shutter its doors for good as USF announced it is backing out of a previously planned full integration of the two universities due to financial and other considerations.

The 151-year-old financially strapped San Francisco Art Institute will shutter its doors for good as the University of San Francisco announced it is backing out of a previously planned full integration of the two universities due to financial and other considerations.

This fall, USF plans to hire additional arts faculty into one-year appointments in its new fine arts program. While the University of California owns the Art Institute's Chestnut Street building, the institute will retain ownership of the Diego Rivera fresco and is actively working with local and international donor communities to protect the artwork.

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