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WAG's finances strong thanks to 100th anniversary exhibit

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The Winnipeg Art Gallery has registered its largest-ever surplus.

The gallery's surplus is $385,716, officials announced at the WAG's annual meeting Thursday.

The gallery’s strong finances for the 2013-14 fiscal year are still riding the wave of the gallery's 100th anniversary exhibit, 100 Masters Only in Canada, which ran from May to September 2013.

The gallery nearly doubled its membership to 4,500, thanks to the exhibition, which included works from artists such as Van Gogh, Picasso and Warhol, a press release said.

Revenue from admissions and and memberships made up 16 per cent of the gallery’s annual budget in 2013-14, compared to just eight per cent a year earlier, the release said. The gallery’s shop also generated $120,000 in revenue during the show.

In 2015, the gallery is hosting Olympus: the Greco-Roman Collections of Berlin, priceless antiquities from ancient Greece and Rome, which are part of the collection of the Berlin State Museums.

The gallery named Ernest Cholakis as its new chairman of its board of governors at Thursday's meeting. He takes over for Jim Ripley, who served in the position for six years. Other new board members include Jeff Baigrie, Herbert Enns, Frederick G. Ford and Lisa Meeches. Patricia Bovey was named director emeritus.

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