The Please Touch Museum is settling well in its new home at Memorial Hall, but has stopped their debt payments. Seems they may be close to needing a Philadelphia bankruptcy lawyer. Museum officials claim the debt was manageable until recently, so what has changed? President/CEO, Lynn McMaster, claims that they are trying to negotiate with bondholders.Thoughts have been raised to seek help from another group, although McMaster claims that as of now, there are no potential merger prospects just yet. Two million dollars is the kind of debt we are talking about, and it will only get higher each year. The museum decided to try and have a fundraiser to help hit that number and to cover payments for building maintenance. Some maintenance issues have been moisture damage, new exhibits, a new garden, and other issues that might occur in the future. The move from the old location on 21st Street in Center City to the Memorial Hall in Fairmount Park was a success, if only it hadn’t tripled the budget. Let’s hope they can continue on this quest and still let families enjoy their Please Touch experience. To learn more about the Please Touch Museum’s debt problem here.

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