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.

Defiant women and daring paintings: Emin, Webster and Wylie create a buzz in the UK's exhibition calendar

The UK art scene is currently dominated by major survey exhibitions from three prominent female artists: Rose Wylie, Tracey Emin, and Sue Webster. Rose Wylie, at 92, makes history as the first woman painter to occupy the Royal Academy’s main galleries, while Tracey Emin presents a raw, thematic survey at Tate Modern reflecting on her life before and after cancer. Simultaneously, Sue Webster marks her institutional solo debut at Firstsite, showcasing a transition from her famous collaborative practice to deeply personal oil painting.

Lost ‘cloud’ of artist who wrapped the Reichstag to be created in UK gallery

Six years after Christo's death, Gagosian London will realize a monumental installation he designed in 1968 titled "Air Package on a Ceiling," originally conceived for the Institute of Contemporary Art in Philadelphia but never built due to technical constraints. The plans and a detailed scale model were discovered by studio manager Lorenza Giovanelli in 2018, hidden inside a hollow plinth in Christo's studio. The work, a vast internally illuminated suspended form resembling a cloud, will fill a 16-meter-long, 10-meter-wide space at Gagosian London, descending just above head height, in collaboration with the Christo and Jeanne-Claude Foundation.

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.

The Untold Story of Peter Hujar and Paul Thek’s Intimate—and Complex—Bond

Andrew Durbin’s new dual biography, *The Wonderful World That Almost Was*, explores the profound and volatile relationship between photographer Peter Hujar and artist Paul Thek. Spanning from their meeting in the late 1950s to their deaths from AIDS-related complications in the 1980s, the book details how their shared experiences—most notably a 1963 visit to the Capuchin Catacombs in Palermo—fundamentally shaped their artistic trajectories. While Hujar captured the mummified remains in haunting photographs, Thek translated the encounter into his visceral "meat pieces" and wax effigies.

What Is a "Post-Duchamp" Art World?

Scholar Thierry de Duve discusses the legacy of Marcel Duchamp in conjunction with a new exhibition at the Museum of Modern Art (MoMA) featuring seven of the artist’s “boîtes-en-valise.” These portable miniature museums, created decades before Duchamp’s first formal retrospective, are framed as evidence of his genius in anticipating the institutional logic of the modern museum. The conversation explores how Duchamp’s provocative works, such as the readymade "Fountain," fundamentally altered the trajectory of art history and defined the "post-Duchamp" era.

Martin Parr: Global Warning review – the great photographer in all his gluttonous, giddy glory

A major retrospective exhibition of photographer Martin Parr's work, titled 'Global Warning,' has opened at the Jeu de Paume museum in Paris. The show, which Parr helped plan before his death in December 2023, is on track to become the museum's most visited exhibition, showcasing his signature saturated, ironic, and unflinching observations of global tourism and consumerism.

‘They accomplished so much, even as they were dying’: the groundbreaking gay art of Peter Hujar and Paul Thek

Author and Frieze Magazine editor-in-chief Andrew Durbin has released a dual biography titled 'The Wonderful World That Almost Was,' chronicling the lives and creative partnership of Peter Hujar and Paul Thek. The book focuses on their relationship from the mid-1950s through the 1970s, detailing their collaborative influence and the development of their respective practices in photography and sculpture before both died of AIDS-related complications in the late 1980s.

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.

Saudis Renege on Met Opera Financial Aid, Berlin’s Culture Senator Resigns, and More: Morning Links for April 24, 2026

The Metropolitan Opera has announced that Saudi Arabia reneged on a noncommittal memorandum of understanding that would have provided up to $200 million over eight years to the cash-strapped New York institution. Met general manager Peter Gelb said the Saudis blamed the war in Iran and the blocked Strait of Hormuz, but funding had already failed to materialize before the conflict, prompting preemptive layoffs in January. Separately, Berlin culture senator Sarah Wedl-Wilson resigned after a state audit found she illegally authorized €2.6 million for 13 projects meant to combat antisemitism, violating budget regulations. Other news includes President Trump's plan to renovate the Lincoln Memorial reflecting pool, Ontario increasing support for the Art Gallery of Ontario and Royal Ontario Museum, Rome's new photography museum, and the appointment of Thiago de Paula Souza as curator of the eighth Athens Biennale.

Edvard Munch Paintings for a Chocolate Factory Go on View in Norway

The Munch Museum in Oslo will open an exhibition titled “Edvard Munch and the Chocolate Factory” in May, featuring a series of large-scale paintings by Edvard Munch created in 1923 for the canteen of the Freia chocolate factory. Known as the Freia Frieze, these works depict summer life in a Norwegian coastal town and have never before been shown to the public outside the factory. The exhibition runs from May 21 to November 10 and includes related sketches from the museum’s collection.

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.

Never-Before-Seen Calder Sculpture Emerges on the Auction Block in Paris

A previously unknown sculpture by Alexander Calder, titled 'Stabile-mobile' (1974), will be auctioned by Oger – Blanchet at Hôtel Drouot in Paris on May 22. The small, kinetic work, estimated to sell for €80,000–€120,000, was a gift from the artist to an archivist at the French National Museum of Modern Art and has remained with her family for 50 years.

Radiohead Hits the Road With a Haunting Immersive Installation

Radiohead has announced a North American tour for "Motion Picture House," a massive 17,000-square-foot immersive audiovisual installation. The project features a 75-minute film titled Kid A Mnesia, directed by Sean Evans, which incorporates art created by frontman Thom Yorke and longtime collaborator Stanley Donwood. Launching at the Coachella festival before traveling to cities like Brooklyn and Mexico City, the experience combines surround-sound studio recordings with physical galleries displaying the original source art from the band's seminal turn-of-the-century albums.

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.

Who was Hilma? Af Klint exhibition to highlight exclusion of women from abstract art

The Swedish artist Hilma af Klint is receiving her first major solo exhibition in France, organized by the Grand Palais and the Pompidou Centre. The show focuses on her "Paintings for the Temple," a series of groundbreaking abstract works created years before male peers like Wassily Kandinsky and Piet Mondrian claimed to have invented the movement. Af Klint, a mystic who believed she was guided by higher spirits, famously ordered her work to be hidden for 20 years after her death, convinced the world was not yet ready for her vision.

‘The original triple threat’: two exhibitions celebrate Marilyn Monroe as creative pioneer

The British Film Institute (BFI) and the National Portrait Gallery have announced two major exhibitions to celebrate the centenary of Marilyn Monroe’s birth. The BFI will host a two-month film season titled 'Marilyn Monroe: Self Made Star,' featuring a comprehensive look at her filmography and a theatrical re-release of her final film, *The Misfits*. Simultaneously, the National Portrait Gallery will present 'Marilyn Monroe: A Portrait,' an exhibition exploring her influence on visual culture through works by artists like Andy Warhol and Richard Avedon, including rare photographs taken just before her death.

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.

Berlin Modern Museum Delayed Again as Moisture Damage Pushes Opening to 2030

Berlin's long-awaited Berlin Modern museum has been delayed again, with its opening now pushed to 2030 due to moisture damage in the building's shell and microbial contamination in other parts of the structure. The Prussian Cultural Heritage Foundation announced the delay after the Berlin-Brandenburg Broadcasting Corporation broke the story. The Herzog & de Meuron-designed building, originally scheduled to open this year as the Museum of the 20th Century, has faced multiple setbacks since groundbreaking in December 2019, with completion dates slipping from 2026 to 2028, then 2029, and now 2030. The project's cost has ballooned from €200 million to €507 million.

First US Survey of Mexican Artist Teresa Margolles Coming This Fall

MoMA PS1 in New York City will host the first United States survey of Mexican artist Teresa Margolles this fall. Trained as a forensic pathologist, Margolles creates works using organic and bodily materials from homicide victims, morgues, and crime scenes. The exhibition will feature pieces confronting murder and violence along the US-Mexico border, including a 2026 evolution of her ongoing series "Air" (2003–), where a gallery will be humidified with water carrying degradable material from homicide sites. The Museum of Modern Art will also present a new experiential installation, "Aproximación al lugar de los hechos (Approaching the Scene)" (2026), starting September 17, which drips water carrying evidence of violent death onto heated steel plates.

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.

Genesis P-Orridge’s Subversive Mail Art Goes on View

A focused exhibition at Art Metropole in Toronto presents a selection of mail art submissions by the late transgressive artist Genesis Breyer P-Orridge to the Canadian collective General Idea in the 1970s. Drawn from the National Gallery of Canada's collection, the show features letters, collages, photos, and ephemera that capture P-Orridge's early, boundary-pushing work with collectives like COUM Transmissions and Throbbing Gristle.

Celeste Dupuy-Spencer, Artist Who Confronted Injustice, Dies at 46

Acclaimed painter Celeste Dupuy-Spencer has passed away at the age of 46 in Los Angeles, just days before a scheduled solo exhibition at Jeffrey Deitch’s gallery. Known for her visceral and politically charged figurative works, Dupuy-Spencer gained national recognition for her contributions to the 2017 Whitney Biennial and the 2018 Made in LA biennial. Her practice often deconstructed American mythologies, the rise of domestic fascism, and global human rights issues, including a high-profile stance against the conflict in Gaza.

Marcel Duchamp Was the Messenger of History

The Museum of Modern Art (MoMA) in New York is launching the first comprehensive U.S. exhibition of Marcel Duchamp’s work in over 50 years. In an interview regarding the opening, renowned scholar Thierry de Duve discusses the artist's enduring legacy, from his infamous readymades like "Fountain" to his complex, labor-intensive works like the "Large Glass." The exhibition seeks to reconcile Duchamp’s identity as both a conceptual provocateur and a meticulous craftsman.

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.

This influential L.A. collector bought the artists no one else would. The art world is finally catching up

Eileen Harris Norton, a foundational figure in the Los Angeles art scene, is being celebrated with a major exhibition of her collection at Hauser & Wirth. The show, "Destiny Is a Rose: The Eileen Harris Norton Collection," features over 80 works, many from her home, highlighting her five-decade commitment to collecting artists who were often her friends and neighbors, particularly women, artists of color, and Southern California-based artists.

Never-Before-Seen Stanley Kubrick Photos Debut in New York

A collection of 18 previously unseen photographs by legendary filmmaker Stanley Kubrick will make its public debut at the Photography Show in New York. Discovered by the Duncan Miller Gallery within a larger archive purchase, these images date back to 1945 when a teenage Kubrick worked as a staff photographer for Look magazine. The series captures candid, late-night scenes within the New York City subway system, utilizing a concealed shutter release to document commuters in their most natural states.

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.