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.

There will be mud! Could my child (and buggy) survive a day at a sculpture park?

A parent takes their toddler to Yorkshire Sculpture Park (YSP) in West Yorkshire, UK, during a rainy February day. Despite the mud and drizzle, the child engages with outdoor artworks by Barbara Hepworth, Henry Moore, Bharti Kher, Sol LeWitt, Vanessa da Silva, and Damien Hirst, treating the sculptures as playgrounds and objects of discovery. The park offers free activity packs, a Hidden Forest designed for under-fives, and a family-friendly environment that encourages children to explore art and nature without the constraints of indoor galleries.

$102 Million Verdict Over Robert Indiana Artwork May End Years-Long Legal Battle

A Manhattan federal jury awarded $102 million in damages to the Morgan Art Foundation in its lawsuit against art publisher Michael McKenzie, finding him guilty of making and selling unauthorized Robert Indiana artworks. The verdict, delivered on April 23, follows a complex legal battle that began just before Indiana's death in 2018, involving accusations of exploitation, fraud, and copyright infringement. McKenzie and caretaker Jamie Thomas were also accused of taking advantage of the elderly artist. The case has cast doubt on the authenticity of some late Indiana works and affected his market, with his auction record remaining at just over $4 million since 2011.

Timm Ulrichs, Pioneering Conceptual Artist, is Dead at 86

German conceptual artist Timm Ulrichs has died at age 86. His death on April 29 in Berlin was announced by the Kunstverein Hannover, where he was the oldest member. Ulrichs studied architecture before declaring himself a “total artist” in 1961, inspired by Kurt Schwitters. His provocative works included displaying himself as a living artwork in a glass case, running naked with a lightning rod, and spending hours inside a hollowed boulder. He also created concrete poetry, computer art, and copy art, and taught sculpture at the Kunstakademie Münster from 1972 to 2005. His work appeared in Documenta 6 and solo exhibitions at the Sprengel Museum Hannover and Kunstverein Hannover.

The curator awakens: Lucas Museum of Narrative Art reveals inaugural exhibition lineup

The Lucas Museum of Narrative Art, founded by George Lucas and Mellody Hobson, will open in Los Angeles on 22 September with 18 inaugural exhibitions featuring over 1,200 objects. Curated by Lucas himself, the shows span media like photography, architecture, and cinema, as well as genres such as manga, anime, comics, and children's stories. Six solo exhibitions will highlight American artists including Thomas Hart Benton, Frank Frazetta, and Norman Rockwell. The museum's collection now exceeds 40,000 works, including the Separate Cinema Archive and Lucas Archives of film memorabilia.

May You Live in Less Interesting Times

The international jury for the Venice Biennale has collectively resigned just before the press preview, following their announcement that countries accused of crimes against humanity—specifically Israel and Russia—would be excluded from award consideration. The jurors did not provide an explicit reason for their resignation. Meanwhile, Russia's return to the 61st Venice Biennale will involve workarounds to comply with international sanctions, including restricted pavilion access. The article also highlights a widely-read essay by Hakan Topal on the financialization and 'administrification' of American art schools and academia.

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.

Difficult search for new culture senator in Berlin

Schwierige Suche nach neuem Kultursenator in Berlin

Berlin's culture senator Sarah Wedl-Wilson resigned on Friday after a state audit found that her allocation of anti-Semitism prevention funds was unlawful. The CDU politician is being succeeded by former justice senator and Bundestag member Thomas Heilmann (CDU), who is reportedly the favorite for the post. Heilmann, 61, studied law, ran a successful advertising firm, and served as Berlin's justice senator from 2012 to 2016 before sitting in the Bundestag from 2017 to 2025. Governing Mayor Kai Wegner has not yet made a final decision, but transport senator Ute Bonde publicly endorsed Heilmann, citing his experience with Berlin's administration.

Affaire Indiana : un éditeur d’art condamné à 102 millions de dollars

A federal jury in Manhattan has ordered Michael McKenzie and his company American Image Art to pay $102 million (€95 million) to the Morgan Art Foundation for unauthorized exploitation of works by artist Robert Indiana (1928-2018), including his iconic LOVE image. The case, filed in May 2018 just before Indiana's death, alleged that McKenzie—a former agent of the artist—produced and sold unauthorized editions, sculptures, and merchandise under Indiana's name, violating exclusive reproduction and commercialization rights granted to the foundation in the 1990s. The jury found McKenzie guilty of trademark infringement, copyright violation, and contractual interference, with $6.2 million specifically tied to 44 LOVE works. The defense, weakened by sanctions for hiding evidence and refusing to cooperate, plans to appeal.

Amanda Carneiro and Raphael Fonseca to curate 2027 Bienal de São Paulo

Amanda Carneiro and Raphael Fonseca have been named curators of the 2027 Bienal de São Paulo. Carneiro, a curator at MASP since 2018, has organized solo exhibitions for artists including Santiago Yahuarcani, Beatriz Milhazes, and Sonia Gomes, and was part of Adriano Pedrosa’s curatorial team for the 2024 Venice Biennale. Fonseca, visual arts programmer at Culturgest and curator-at-large at the Denver Art Museum, is currently curating the Taiwan Pavilion for the 2026 Venice Biennale and co-curating the 3rd Counterpublic Triennial. He also curated the 2025 Bienal do Mercosul.

The Relentless Avant-Garde of The Renaissance Society

The Renaissance Society at the University of Chicago, founded in 1915, has consistently championed avant-garde contemporary art from its modest gallery space on the fourth floor of Cobb Hall. Under the leadership of current director Myriam Ben Salah (since 2020), the institution continues its legacy of presenting visionary works by artists who later become household names, including Henri Matisse, Pablo Picasso, Man Ray, and Félix González-Torres. The article traces the society's history through its pioneering female directors—Eva Watson Schütze, Frances Strain Biesel, and Suzanne Ghez—who shaped its forward-thinking exhibition program, from early modernist shows to local Chicago talent and cross-disciplinary collaborations.

SWANSEA: British Art Show 10 confirmed for Glynn Vivian next year — the only Welsh stop on a national tour featuring artists from Tracey Emin to Grayson Perry

Swansea has been confirmed as the only Welsh stop on the British Art Show 10 national tour, with the exhibition taking place at the Glynn Vivian Art Gallery from February 12 to May 16, 2027. Titled 'A Chorus of Strangers,' the show will also feature venues including the new home for Elysium Gallery and potentially Y Storfa, and will explore themes of Moments of Being, Ways of Living, and States of Nature across various media. Curated by Ekow Eshun, the tour launches in Coventry in October 2026 before visiting Swansea, Bristol, Sheffield, and Newcastle-Gateshead.

Katherine El-Salahi, anti-apartheid activist, anthropologist and publisher, 1945–2026

Katherine El-Salahi, an anti-apartheid activist, anthropologist, and publisher, has died at age 81. Born Katherine Levine, she studied at Cambridge and SOAS before joining the clandestine group London Recruits in 1970, carrying out leaflet bomb propaganda and running guns into South Africa. She later became instrumental in the career of her husband, Sudanese painter Ibrahim El-Salahi, organizing his landmark 2013 retrospective at Tate Modern, building his archive, and securing gallery representation with Vigo Gallery.

A Long-Running Case Centering on Alleged Robert Indiana Forgeries Is Resolved with a $102 M. Settlement

A New York jury has awarded $102.2 million in damages to the Morgan Art Foundation in a long-running copyright and forgery case against art publisher Michael McKenzie. The jury found that McKenzie created unauthorized and altered versions of works by Pop artist Robert Indiana, including multiple iterations of Indiana's iconic LOVE prints and sculptures, as well as works such as *The Ninth American Dream* (2001), *USA FUN* (1965), and a sculpture titled *BRAT*. The lawsuit, which began in 2018 shortly before Indiana's death at age 89, alleged that McKenzie and others sought to isolate the artist and profit from selling forged works. McKenzie's lawyer indicated he may appeal.

'It’s like the natural world. Nothing lasts forever': Tadashi Kawamata on creating his temporary sculptures

Japanese artist Tadashi Kawamata created a temporary wooden vortex sculpture titled "Tornado" inside the Palais de Tokyo in Paris, made from 5,000 individual pieces of wood and installed on the grand staircase for just two weeks in February. The work was commissioned by Ruinart as part of its "Conversations with Nature" series, which presents a piece in Paris before permanently installing it at the champagne house's headquarters in Reims. Kawamata, who has lived in Paris for 18 years, is known for using found materials and creating site-specific, temporary interventions on or inside architecture, emphasizing spontaneity and impermanence.

Harnessing the winds of societal change: how art dealers have been able to shape taste for centuries

Valentina Castellani, a former Gagosian director, has authored a new book titled *Trading Beauty: Art Market Histories from the Altar to the Gallery* (out 1 May). The book traces how art dealers have historically leveraged societal changes—political, economic, and social—to reshape taste and market structures. Castellani begins in the Middle Ages, when art was made only on commission for patrons like the Catholic church and monarchies, and moves through key shifts such as the Dutch Republic's first open art market in the 17th century, which gave rise to the professional art dealer. She highlights dealers like Paul Durand-Ruel, Joseph Duveen, and Leo Castelli who capitalized on anti-establishment energy, new wealth, and post-war consumer culture to bring avant-garde art to the forefront.

Return of Aparicio painting to Prado exemplifies trajectory of human taste

The Prado Museum in Madrid has launched a new exhibition series called "A Work, a Story," beginning with José Aparicio's 1818 painting "El año del hambre de Madrid" (The Year of the Famine in Madrid). Once the museum's most popular attraction, the propagandistic work celebrating Spanish resistance to Napoleon fell from favor and was removed from display for over 150 years, residing in government buildings and other museums before returning to the Prado.

Venice Biennale 2026: How Do You Critique a Posthumous Exhibition?

The article, published by ArtReview, examines the upcoming 61st Venice Biennale (2026), titled *In Minor Keys*, which was conceived by artistic director Koyo Kouoh before her death from cancer in May 2025 at age 57. The exhibition, based on Kouoh's drafted concept and completed by a curatorial team including Rory Tsapayi, Siddhartha Mitter, Marie Hélène Pereira, Gabe Beckhurst Feijoo, and Rasha Salti, adopts a musical metaphor of "minor-ness" and aims to avoid the pitfalls of previous Biennales by focusing on soul frequencies and dissonant harmony rather than direct commentary on world crises. The author, Martin Herbert, questions how critics will respond to a posthumous exhibition of this unprecedented scale, noting that previous artistic directors like Robert Storr, Cecilia Alemani, Christine Macel, and Adriano Pedrosa have faced varied critical receptions.

José Dávila Makes Space the Subject in His New York Show

José Dávila's solo exhibition "The Simple Act of Positioning" opens at Sean Kelly gallery in New York, featuring sculptures that explore the relational placement of objects in space. The show includes totemic pillars of steel, concrete, volcanic rock, and automotive paint, framed by large black structures, inviting viewers to move through the gallery to fully experience the visual conversations between works. Dávila, originally from Guadalajara and trained in architecture, draws on Modernist precedents from artists like Marcel Duchamp and architects like Luis Barragán.

Masterpieces by Klimt, Matisse and Freud set for London’s most valuable auction

Sotheby's will auction a major collection of masterpieces by artists including Gustav Klimt, Henri Matisse, Lucian Freud, and Francis Bacon, consigned by Joe Lewis and his daughter Vivienne, whose family owns Tottenham Hotspur. The collection, expected to fetch over £150 million, is projected to become the most valuable ever offered in London, with highlights such as Klimt's 'Bildnis Gertrud Loew' (estimated £20-30m) and Egon Schiele's 'Danaë' (estimated £12-18m, potentially setting a new artist record). The works will be exhibited in New York and London before the June sales.

It’s not all movies: LA’s art, museums and exhibitions are world class

Los Angeles is expanding its cultural offerings with several new and renovated art institutions. The Museum of AI Arts, called Dataland, is set to open this spring at the Grand L.A. complex, created by artist Refik Anadol. It claims to be the world's first museum dedicated to AI art, featuring immersive installations like an Infinity Room with AI-generated scents. Meanwhile, the Natural History Museum completed a $75 million renovation in 2024, adding a 60,000-square-foot wing and displaying a unique green-boned dinosaur named Gnatalie, along with Barbara Carrasco's previously censored mural. The Los Angeles County Museum of Art is opening the David Geffen Galleries on May 4, a 110,000-square-foot space for its permanent collection.

Schloss Bellevue wird temporär Ausstellungshaus

Schloss Bellevue, the official residence of German President Frank-Walter Steinmeier in Berlin, will be transformed into a temporary pop-up gallery for two weeks from June 13 to 28, before undergoing a major renovation expected to last around eight years. The exhibition, organized in cooperation with the Akademie der Künste, will feature works by artists including Katharina Grosse, Wolfgang Tillmans, and Monica Bonvicini, taking advantage of the emptied rooms ahead of the president's move-out before the summer break. Free timed-entry tickets will be available from May 18 via the Akademie's website.

Lee Miller in Wide Angle

Lee Miller en grand angle

The Musée d'Art moderne de Paris (MAM) has opened a major retrospective of photographer Lee Miller (1907-1977), featuring nearly 250 prints—many vintage and previously unseen. The exhibition originated at Tate Britain, where it drew over 250,000 visitors, and was co-organized with MAM and the Art Institute of Chicago. Curated by Michal Goldschmidt (former Tate Britain curator) and Fanny Schulmann of MAM, with new research led by Hilary Floe, the show emphasizes Miller's ties to Paris, her technical mastery, and her wartime reporting, including contact sheets from Dachau and Buchenwald never before shown in France.

Ittai Gradel, Whistleblower in British Museum Gem Theft, Dies at 61

Ittai Gradel, the Israel-born Danish gem expert who alerted the British Museum to the theft of thousands of antiquities from its collection after discovering them for sale on eBay, died on April 28 of renal cancer at age 61. Days before his death, British Museum officials visited him in hospice and presented him with a rarely awarded medal for his service. Gradel first warned deputy director Jonathan Williams in 2021 that artifacts were being sold online, identified veteran curator Peter Higgs as the culprit, and provided detailed evidence. After the museum failed to act, Gradel contacted then-director Hartwig Fischer; two years later, Higgs was fired, and Fischer and Williams left the institution amid the scandal.

3 Matisse Exhibitions at the Baltimore Museum of Art Highlight Different Sides of the Artist

The Baltimore Museum of Art (BMA) is presenting three simultaneous exhibitions focused on Henri Matisse, drawing from its world-leading collection of the artist's works. The shows include "Fratino and Matisse: To See This Light Again," pairing Matisse with contemporary artist Louis Fratino; "Matisse and Martinique: Portraits and Poetry," exploring a little-known book illustration series inspired by the artist's 1930 visit to Martinique; and "Matisse in Vence: The Stations of the Cross," featuring 85 rarely or never-before-seen works on paper from Matisse's only architectural project—a chapel in Vence, France. The exhibitions run through 2026, with the Vence show curated by scholar Yve-Alain Bois.

Frist Art Museum Will Present 100 Years of Contemporary Indigenous Art

The Frist Art Museum in Nashville will present "An Indigenous Present," an exhibition spanning 100 years of modern and contemporary Indigenous art, from June 26 to September 27, 2026. Co-curated by artist Jeffrey Gibson and independent curator Jenelle Porter, the show features 15 artists who use abstraction as a tool for liberated expression, including Teresa Baker, Raven Chacon, Kimowan Metchewais, Caroline Monnet, George Morrison, Mary Sully, Jaune Quick-to-See Smith, and Kay WalkingStick. Organized by the Institute of Contemporary Art/Boston, the exhibition draws from Gibson and Porter's landmark 2023 publication of the same title and is structured into five thematic sections that place emerging artists in dialogue with established makers.

In Venice, Hernan Bas Paints the Problem With Modern Tourism

American artist Hernan Bas has created a series of 40 paintings critiquing modern tourism, set to open in May at Ca' Pesaro–International Gallery of Modern Art in Venice during the Biennale. Titled "The Visitors," the exhibition depicts young white male American tourists engaging in objectionable behaviors worldwide—from begpacking to visiting disaster sites—painted with Bas's signature attention to clothing details. The works were developed during a residency in Venice, a city emblematic of overtourism, in collaboration with Victoria Miro, Lehmann Maupin, and Perrotin galleries.

Jarvis Cocker and Kim Sion to curate art exhibition at Hepworth Wakefield

Jarvis Cocker and his wife Kim Sion will curate a new exhibition titled "Hodge Podge" at the Hepworth Wakefield, opening in May 2027. The show brings together a personal selection of works by artists including Jeremy Deller, Peter Doig, Barbara Hepworth, and others, alongside unknown outsider and visionary artists never before exhibited in UK public museums. The exhibition aims to challenge conventional ideas of art and includes an immersive Dreamachine, a flickering light device co-invented by Brion Gysin and Ian Sommerville in 1959.

The great Anselm Kiefer arrives in Valencia for an exhibition. There is a rare work for the first time in Europe

Il grande Anselm Kiefer arriva in mostra a Valencia. C’è un’opera rara per la prima volta in Europa

German artist Anselm Kiefer is coming to Valencia for the first time, inaugurating the temporary exhibition program at the CAHH – Centro de Arte Hortensia Herrero. The show, curated by Javier Molins, will run from April 29 to October 25 at the Palacio de Valeriola, featuring Kiefer's works in dialogue with the permanent collection. A highlight is "Danaë," a monumental painting over 13 meters wide that depicts the interior of Berlin's Tempelhof airport and references the myth of Danaë; this work has only been shown once before, in New York in 2022, and is now on view in Europe for the first time.

Online Auctions Continue to Draw in First-Time Art Buyers as Sales Grow

Online-only sales of fine art at Christie’s, Sotheby’s, Phillips, Bonhams, and Artnet Auctions reached $423.9 million in 2025, an 8 percent increase from 2024. The number of lots sold remained steady at 29,623, but the average price per work rose 8.6 percent to $14,309. Sales were 270 percent higher than in 2019, before the pandemic accelerated the shift to digital auctions. Christie’s reported that 63 percent of new buyers in 2025 made their first purchase online.