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flag art foundation serpentine galleries artist prize 1234764228

The FLAG Art Foundation, based in New York, has pledged £1 million ($1.3 million) to London's Serpentine Galleries to establish a new biennial artist prize. Named the Serpentine x FLAG Art Foundation Prize, it will award £200,000 ($265,000) to an international artist who has been exhibiting for fewer than ten years, along with an exhibition at both institutions and a catalog. The first winner will be selected in 2026, with exhibitions at Serpentine in 2027 and FLAG in 2028. The prize is funded by collector Glenn Fuhrman's foundation and is the largest contemporary art prize in the UK.

racquel chevremont mickalene thomas lawsuit new allegations 1234758956

Racquel Chevremont, a model, curator, and reality TV star, has filed a 31-page lawsuit against her former romantic partner, artist Mickalene Thomas, in the Supreme Court of the State of New York. The suit expands on earlier harassment allegations from August, detailing claims of an abusive work environment and financial exploitation. Chevremont alleges that Thomas denied her promised compensation from sales of artworks featuring Chevremont, including a painting that sold for $1.83 million, and that Thomas paid herself significant sums while Chevremont received nothing from their joint company, MT Special Projects (also known as Deux Femmes Noires). Thomas has denied the allegations through a spokesperson, calling them false and a desperate attempt to profit from her reputation.

The FLAG Art Foundation Named Founding Sponsor of Alchemy with Anthony Mason, Launching May 6

The FLAG Art Foundation has been named the founding sponsor of "Alchemy with Anthony Mason," a new long-form interview series launching May 6, 2026. Hosted by CBS News special correspondent Anthony Mason, the series features intimate 45-minute conversations with artists such as Hozier, Paul Simon, Nile Rodgers, Violet Grohl, and Taj Mahal, focusing on the transformative creative process rather than the finished work. The partnership is integrated into the series' identity, with each episode presented under FLAG's support and connecting viewers to contemporary art exhibitions, including Ellsworth Kelly: Eight Decades at the Parrish Art Museum and the reopening of the David Geffen Galleries at LACMA.