Artist Foundations’ Net Worth Has Nearly Tripled to $9 B., Led by Cy Twombly Foundation’s $1.5 B. in Art and Assets

New research from the Aspen Institute’s Artist-Endowed Foundation Initiative (AEFI) reveals that artist-endowed foundations in the U.S. now control roughly $9 billion in assets, nearly triple the $3.5 billion reported in 2011 and up 17% from $7.7 billion in 2018. The Cy Twombly Foundation leads with $1.5 billion in art and assets, followed by foundations for Alexander Calder, Joan Mitchell, Helen Frankenthaler, and Robert Rauschenberg, each holding over $500 million. The data, drawn from public tax forms, shows that just five of roughly 500 foundations account for more than half the total, with most established by postwar American artists born before 1931.

From The Mandalorian and Grogu to Dear England: your complete entertainment guide to the week ahead

This article is a weekly entertainment guide from The Guardian, covering cinema, gigs, art, stage, streaming, games, albums, and brain food. In the art section, it highlights three upcoming exhibitions: Hulda Guzmán's first major European show at Turner Contemporary in Margate (23 May to 13 September), featuring her lush, mystical tropical paintings exploring Caribbean identity; Lewis Hammond's exhibition of dark, old master-inspired portraiture at The Hepworth in Wakefield (23 May to 1 November); and Joanna Piotrowska's show at The Common Guild in Glasgow (23 May to 18 July).

From Mother Mary to Foo Fighters: your complete entertainment guide to the week ahead

This article is a weekly entertainment guide from The Guardian, covering cinema, gigs, art, stage, streaming, games, albums, and brain food. In the art section, it highlights two exhibitions: "Handpicked: Painting Flowers from 1900 to Today" at Kettle's Yard in Cambridge, featuring artists like Henri Rousseau and Lubaina Himid; and a show of South African photographer George Hallett's work at the John Lennon School of Art and Design in Liverpool, documenting black resistance in 1970s Britain. It also mentions an open house for Lonnie Holley's new works at Edel Assanti gallery in London.

Frieze New York Is an Assembly-Line Salad

At Frieze New York, curator Lucien Zayan searches for artworks exploring the relationship between food and art, finding a piece by Aki Goto at Europa gallery that reflects on sugar, colonization, and cavities. The fair features works like David Lamelas's "To Pour Milk into a Glass" (1972) from Dia Art Foundation and Mungo Thomson's "Snowman" (2023) at Karma, while a performance by Kite (Oglála Lakȟóta) at the Counterpublic triennial booth offers a reprieve from the monotonous fair experience.

11 Must-See Shows During New York Art Week 2026

New York Art Week 2026 is set to be a packed event, with major art fairs including Frieze, TEFAF, and Independent all scheduled within a single week this May. The art world will arrive directly from the Venice Biennale, and New York galleries are opening their major spring exhibitions to coincide with the influx of curators and collectors.

The US Pavilion Is Taking Online Donations

The American Arts Conservancy (AAC), the nonprofit tasked with executing Alma Allen's 2026 US Pavilion at the Venice Biennale, is soliciting online donations from the public after receiving no corporate or foundation funding. Unlike previous pavilions backed by major foundations like Ford and Mellon, AAC's fundraising relies on private citizens, with a minimum $100 donation requested via its website. The State Department provided $375,000 but requires additional funding, and AAC's Executive Director Jenni Parido, a former pet food store owner, declined to name specific donors, though Instagram posts suggest wealthy Trump allies attended benefit events. Perrotin Gallery, which represents Allen, is providing operational support but not funding.

From Agnès Varda to Giuseppe Penone, the strange passion of artists for potatoes deciphered in Aubenas

D’Agnès Varda à Giuseppe Penone, l’étrange passion des artistes pour les patates décryptée à Aubenas

The article explores the exhibition "Des patates" at Le Château – Centre d'Art Contemporain et du Patrimoine in Aubenas, France, which celebrates the humble potato as an artistic subject. It highlights how filmmaker and visual artist Agnès Varda turned potatoes into art with her 2003 Venice Biennale project "Patatutopia," dressing as a potato and scattering 700 kilos of tubers, inspired by her documentary *Les Glaneurs et la glaneuse*. The show also features works by Giuseppe Penone, Michel Blazy, Valérie Geissbühler Pacheco, and Lucas Chanoine, all using potatoes to explore themes of consumption, waste, colonialism, and the cycle of life.

John Chamberlain’s Former Studio Hosts a Star-Studded New Interview Series

The John Chamberlain Estate is launching "ON THE COUCH," a biweekly filmed interview series hosted by estate director Alexandra Fairweather, timed to what would have been the sculptor's 100th birthday. Season one features eight cultural figures including artist Daniel Arsham, architect Annabelle Selldorf, fashion designer Alexander Wang, interior designer Sasha Bikoff, entrepreneur Jon Gray, and painter David Salle. Episodes will be filmed at Chamberlain's former studio on Shelter Island, now a private museum, with guests seated on his iconic foam couches. The series launches May 19 across major streaming platforms.

Major Greek contemporary art non-profit Neon to close after 14 years

Neon, a major Greek contemporary art non-profit founded by businessman and patron Dimitris Daskalopoulos, is closing after 14 years, stating it has fulfilled its cultural and social mission. Between 2012 and 2026, the organization presented 44 exhibitions across museums, historical sites, and public spaces, commissioning 105 works by Greek and international artists. Notable projects include donating Antony Gormley's sculpture 'RULE II' (2019) to the island of Delos—the first contemporary work permanently installed at an ancient site—and funding the €1.4m renovation of the Lenorman Street Tobacco Factory in Athens into a cultural center. Neon will present its final exhibition, the third installment of 'Michael Rakowitz & Ancient Cultures,' later this year at the Old Acropolis Museum.

Alma Allen Offers a Quiet Vision in Venice—Even as Questions Swirl the U.S. Pavilion

Alma Allen's exhibition "Call Me the Breeze" has opened at the U.S. Pavilion for the 61st Venice Biennale. The Utah-born sculptor presents a pared-down, whimsical show that contrasts with the bombastic work of his predecessors, grouping new and old pieces to explore themes of conflict, mourning, and transcendence inspired by Hieronymus Bosch's *Visions of the Afterlife*. The exhibition was produced hurriedly over a few months, and Allen, who typically leaves his works untitled, felt compelled to explain his art for the first time in 30 years amid controversy surrounding his commission.

How Will the Venice Biennale Impact Alma Allen’s Market?

Artist Alma Allen has been selected as America's representative at the Venice Biennale, sparking controversy due to the unusual selection process under President Trump. The pavilion is commissioned by the newly formed American Arts Conservancy, led by Jenni Parido, who previously ran a pet food lifestyle shop and entered Trump's orbit through Mar-a-Lago pet charity events. Following the announcement, Allen's galleries Olney Gleason and Mendes Wood DM dropped him, but he was quickly picked up by high-profile gallery Perrotin. The article examines how the Biennale and its attendant drama might affect Allen's market, noting his longtime collectors include Beth Rudin DeWoody, Peter Morton, Jack Pierson, and others, while his auction prices have remained modest.

Hyperallergic’s Guide to the 2026 Venice Biennale

Hyperallergic has published its guide to the 2026 Venice Biennale, detailing what to see and do at this year's edition. The guide covers the three main categories of the Biennale—the Giardini with 29 permanent national pavilions, the Arsenale with temporary rented spaces, and collateral events across the city. Key developments include the return of Russia to its permanent Giardini pavilion and Israel's participation with a new contractual stipulation preventing its artist from closing the pavilion, after Ruth Patir's protest in 2024. South Africa withdrew following the cancellation of Gabrielle Goliath's video installation 'Elegy,' which mourns victims of Israel's genocide in Gaza and will now be shown at a historic church. The United States will be represented by Alma Allen after Barbara Chase-Riboud stepped down, and Qatar is set to become the first country in decades to build a new pavilion in the Giardini.

MFAH's blockbuster modern art exhibit and 7 more openings in Houston this month

The article highlights eight major art exhibitions and events opening in Houston in May 2025, including the U.S. debut of "Picasso–Klee–Matisse: Masterpieces from the Museum Berggruen" at the Museum of Fine Arts, Houston (MFAH), which features works by Picasso, Klee, Matisse, and Giacometti. Other notable events include the "Freedom Plane National Tour" of founding-era documents at the Houston Museum of Natural Science, the 20th Annual Empty Bowls fundraiser at Silver Street Studios, and "No Longer, Not Yet" by Marisol Valencia at Art League, which uses materials from a migrant shelter. The article also mentions shows at CAMH, Moody Art Center, and Sawyer Yards.

Is the US about to be humiliated on the world’s most prestigious cultural stage?

More than 70 prominent international artists have signed an open letter demanding the exclusion of the United States, Israel, and Russia from the 2026 Venice Biennale, accusing those governments of committing war crimes and atrocities. The controversy centers on the US pavilion, which will feature Mexico-based American artist Alma Allen, whose abstract, anodyne sculptures were chosen by a last-minute commissioner with no art-world experience—a luxury pet food store owner from Florida who reportedly gained the role through connections at Mar-a-Lago. The Biennale's five-person jury has already resigned amid the furor, and Russia is returning to the event for the first time since its 2022 invasion of Ukraine.

What you want from your body? Antony Gormley, iron and crawling

British sculptor Antony Gormley discusses his solo exhibition "What Holds Us" at Galleria Continua in San Gimignano, on view from 9 May to 13 September 2026. The show transforms the gallery's former cinema-theatre into an interactive environment where visitors are invited to crawl through massive cardboard bodies, exploring interior spaces and shifting from passive spectatorship to bodily engagement. Gormley explains that the title connects "hold" and "whole," suggesting that being held—by the ground, the womb, or the body—is essential for growth and wholeness.

Venice Biennale: A Silent US Pavilion

Biennale de Venise : un Pavillon US silencieux

The US Pavilion at the 2026 Venice Biennale, featuring artist Alma Allen, opened to sparse crowds despite a 10% overall attendance increase at the Biennale. The pavilion was embroiled in controversy before opening: Allen was selected by the American Arts Conservancy (AAC), a private entity created in 2025 at the initiative of Donald Trump after the dissolution of the federal committee that previously oversaw the pavilion. AAC head Jenni Parido, a former pet food executive, chose the self-taught, little-known artist who had never had a solo museum exhibition. Major funders the Ford and Mellon Foundations withdrew, forcing the AAC to launch a public donation appeal. The exhibition features 25 abstract bronze, stone, and burl-wood sculptures that the artist describes as biomorphic landscapes, but critics find them pleasant yet silent, lacking the promised political or visceral resonance.

parties cult100 cultured magazine guggenheim

CULTURED magazine hosted its second annual CULT100 party at the Guggenheim Museum in New York, in exclusive partnership with Valentino and Valentino Beauty. The event celebrated the magazine's spring issue, a 400-page edition honoring 100 luminaries and rising talents across food, film, art, fashion, and more. Guests including Keke Palmer, Lena Dunham, Naomi Watts, Adam Scott, and Anne Imhof gathered in the Frank Lloyd Wright-designed rotunda for cocktails, a Valentino Beauty lounge, and a program that coincided with artist Carol Bove's ongoing museum survey exhibition at the Guggenheim.

May 2026 Opportunities: Open Calls, Residencies, and Grants for Artists

Colossal's May 2026 opportunities roundup lists multiple open calls, residencies, and grants for artists worldwide. Featured opportunities include the Scenerium 2026 Art Award (deadline May 7), the Hopper Prize offering $4,500 and $1,000 artist grants (deadline May 12), and the SaveArtSpace Billboard Art Open Call curated by Gigi Chen (deadline May 7). Other listings include the YICCA Art Prize, CIFRA Award, Cass Art Prize for the U.K. and Ireland, Sunshine Coast National Art Prize in Australia, an opportunity to get published in Artistonish magazine, and the Abbey Mural Prize.

Bridges of Belonging: Cinco de Mayo Art Reception

A free reception for the exhibition “Bridges of Belonging: Cinco de Mayo, Bi-National Identity, and the Spirit of Chignahuapan” will be held on May 1 at the Clark County Government Center Rotunda Gallery in Las Vegas. The event, themed “Puentes de Pertenencia,” features live music, cultural performances, visual arts, and food, with the exhibit on display through May 28.

Designs for a Better Future

Entwürfe für eine bessere Zukunft

The Rimowa Design Prize has awarded its fourth edition to Samuel Nagel and Paul Feiler from the Schwäbisch Gmünd University of Applied Sciences for their bracelet "Nura," which translates sign language into spoken language and converts speech into written text. Other finalists include Jakob Schlenker's bird-shaped device to encourage movement in the elderly, Niklas Henning's harvesting system for restoring moors, Tobias Kremer and Yannick Stilgenbauer's inflatable cooling capsule for use without electricity, and Valerio Sampognaro's lightweight furniture that can both support and lift off. The exhibition runs until May 13 at the Berlin Kulturforum.

The Tabloids Are Fouling Mayor Mamdani Over His Knicks Art. Here’s the Story

Artist Tom Sanford loaned his hand-painted wooden "Knicks Cutout" portraits of legendary New York Knicks players to New York City Hall at the invitation of Mayor Zohran Mamdani, intended to celebrate the team's playoff run. Tabloid media, including the New York Post and New York Times, framed the gesture as a "curse" on the team, suggesting fans blamed the mayor for the Knicks' losses. Sanford defends the artwork as a sincere, community-driven tribute rooted in New York street-corner cutout traditions, not a cheap stunt.

Dialing Up the Dollars: Giorno Poetry Systems Names Inaugural Recipients of New Need-Based Grant

Giorno Poetry Systems (GPS), the New York-based nonprofit founded in 1965 by artist John Giorno, has announced the twelve inaugural recipients of its new need-based grant, the Treat a Stranger grants. Each recipient receives an unrestricted grant of $4,545 to cover daily expenses like food, housing, health care, and emergencies. The grants are a relaunch of GPS's AIDS Treatment Project grants from 1984–1994, and are named after Giorno's mantra, “Treat a complete stranger with the same compassion you would treat a lover or a good friend.” Winners are selected by a rotating anonymous jury of LGBTQIA+ artists, poets, and musicians through a multi-meeting nomination and voting process.

Romanesco in a Max Mara Coat

Romanesco im Max-Mara-Mantel

Evelyn Taocheng Wang's first institutional solo exhibition in Italy, "Sweet Landscape," opens at the Museion in Bolzano. The Chinese-born, Rotterdam-based artist presents silk paintings, pastel canvases, and painted garments that probe the region's complex history beneath its idyllic Alpine scenery. Works such as "Frog Princess Checks Her Smartphone in front of Window of August Macke’s Hat Shop" (2026) and "Ancient Roman bust for Sale" (2026) blend local food motifs, cultural translation, and hybrid identity, questioning who gets to write history and how landscapes are perceived through secondhand experiences.

The message behind the US pavilion at the Venice Biennale

The article previews the 61st Venice Biennale, opening May 9 and running through November 22, highlighting early controversies. The five-person Golden Lion jury, led by Brazilian curator Solange Farkas, resigned after declaring they would not consider pavilions from countries under International Criminal Court investigation, targeting the Israel pavilion and its artist Belu-Simion Fainaru. Separately, the US pavilion has drawn scrutiny from the New York Times over its selection process, with commissioner Jenni Parido (a former pet food store owner) tapping curator Jeffrey Uslip and sculptor Alma Allen, bypassing traditional funders like the Ford and Mellon foundations.

Art Beat

A roundup of current art exhibitions and calls for work in Taos, New Mexico, highlights shows such as "Nicolai Fechin: Figures, Nature, and Expression" at the Taos Art Museum, "Taos Reimagined: Modernist Experiments in the High Desert," and "Rag Made Quilts" at the Taos Public Library. Other featured venues include 203 Fine Art, Stables Gallery, Revolt Gallery, and the Wheaton Museum of World Artifacts, with openings and deadlines spanning through fall 2026.

Virginia MOCA hosts free Community Day at new museum location

Virginia MOCA hosted a free Community Day on Saturday, May 9, at its new Virginia Beach location, in partnership with Virginia Humanities. The event featured inaugural exhibitions including Nina Chanel Abney: The Pursuit of Happiness and Seamless: Art and Design, along with hands-on art making, live performances, artist demonstrations, a U-Haul art gallery, food trucks, and workshops for all ages.

The Parrish Art Museum Held Annual Spring Fling Benefit Honoring Bobbie Braun

The Parrish Art Museum in Water Mill held its annual Spring Fling benefit on April 25, celebrating the 10th anniversary of Access Parrish, an initiative that makes art accessible to visitors of all needs and abilities. The event featured art, dance, music, and food, and honored Bobbie Braun of The Neuwirth Foundation as the museum's inaugural Civic and Community Leader Honoree for her unwavering commitment to the program since its inception in 2016.

Eat Frida food off a Frida plate: Kahlo kitsch raises eye...

A major Tate Modern exhibition dedicated to Frida Kahlo and her circle opens next month in London, accompanied by a wave of commercial spin-offs including a Kahlo-inspired menu, dinner plates, a Netflix documentary, a clothing line, and an opera premiering in New York. The show, titled "Frida: The Making of an Icon," will also display over 200 souvenir objects and knick-knacks, examining Kahlo's transformation into a global brand. A new whodunnit novel by Oscar de Muriel reimagines Kahlo as a detective, and a culinary collaboration with Mexican chef Santiago Lastra will run at the Tate Modern restaurant.

Try Free Art in Tribeca: A Gallery Walkthrough

A budget-friendly walk through Tribeca's gallery scene highlights two free exhibitions. At Savage Wonderground Tribeca, Brent Owens presents "Fancy Feast," a 24-foot-long banquet table of wooden sculptures mimicking gourmet cat food, with prices ranging from $1,000 to $8,000 but viewing free. At Almine Rech Tribeca, Youngju Joung's "Pause and Flow" features melancholic paintings on traditional Korean paper, memorializing the "moon villages" of displaced working-class citizens from South Korea's urbanization.

Nocturne Calder #1: Exhibition, music, workshop and bar at the Fondation Louis Vuitton in May 2026

The Fondation Louis Vuitton in Paris will host its first late-night event dedicated to Alexander Calder on Friday, May 8, 2026. Titled "Nocturne Calder #1," the evening features guided micro-tours of the retrospective "Calder. Dreaming in Equilibrium" (April 15–August 16, 2026), a creative workshop inspired by the artist, music, and a food-and-drinks offering. The program also includes a spotlight on the concurrent Armineh Negahdari exhibition. The event runs from 7:00 PM to 10:30 PM, with timed tours and open gallery spaces.