The museum is running a million kronor deficit today.
"It's a bleak choice we're forced to make, when the Dance Museum is one of the few museums in the world that specializes in dance. The collections are globally unique with exclusive costumes, modernist visual art, a large collection of African masks, and an Asian collection with masks and dolls", says the museum's CEO Hans Lindholm Öjmyr in a press release.
The current premises are located on Drottninggatan in central Stockholm and are owned by the National Property Board. The museum is now considering moving to the suburbs.
But before we find new premises, we are fully intent on renting out both exhibitions and program activities elsewhere. We are a small museum that has to fight to avoid being forgotten, says Öjemyr to Dagens Nyheter.
The museum's last exhibition on Drottninggatan is called "The Last Dance" and opens on October 12.