normal civic operations were to be made available and held by the institute. In 1973, plans were finalized for the Glenbow to construct a new million facility to hold the institute's growing collection. The Government of Alberta funded most of the new centre, with the Government of Canada contributing $1.6 million, and the City of Calgary underwrote annual maintenance costs. An eight-story, structure was built by the Government of Alberta across from the Calgary Tower. The building was completed and opened to the public on September 22, 1976. During the 1980s as the price of oil dropped, the Glenbow Museum came under significant financial pressure. In 1983, the museum noted it had a $400,000 deficit and noted the museum would close in Summer 1983 if it was unable to raising the funds. Since the opening of the new building in 1976, the organization had outspent its annual endowment creating the shortfall, and lower corporate donations with the economic downturn further reduced operating funds. The Government of Alberta provided a one time grant of $150,000 to keep the library and archives open, and Albertans donated over $240,000 within a month, but the total was still short of what was necessary for the continued operation of the museum at the same level of service. Modern history In 2007, a permanent exhibit entitled Mavericks opened on the third floor; this exhibit traces the history of Alberta through a series of 48 influential and colourful personalities. As of 2013, the president and CEO is Donna Livingstone, formerly Vice President of Programs and Exhibitions and a member of the board of directors. Former presidents and CEOs include Mike Robinson and Jeff Spalding. In 2021, the Glenbow Museum secured a total of $94 million from government sources including $40 million from each of the Government of Canada and Alberta, and $14 million from the city of Calgary to redesign and renovate the eight-story downtown space. The museum will seek an additional $40 million from private sources for the renovation. The project is set to total $115 million for capital costs, and remaining funds going towards operational costs and future programs. Construction closed the museum for three years starting on August 29, 2021. It will reopen in 2024, while providing exhibits through satellite sites. Admission to the museum is free permanently as of February 2022, due to a $25 million donation by the Shaw Family Foundation. $15