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.

At Frieze New York, Business Plunks Along, Leonardo DiCaprio Alights

At the VIP opening of Frieze New York, collectors were present but subdued, with galleries presenting modest displays and sales proceeding at a sensible, sedate pace. Despite the lack of urgency, business has improved since last year, buoyed by upcoming top-tier auctions. Thaddaeus Ropac confirmed four early sales, including a George Baselitz canvas for €1.4 million and an Alex Katz work for $400,000. David Zwirner’s booth of Joe Bradley paintings was among the buzziest, with all works on hold by early afternoon, while Cindy Sherman photographs at Hauser & Wirth sold steadily. Leonardo DiCaprio made visits, and Kelly Sinnapah Mary’s paintings at James Cohan Gallery sold out, the largest to a museum.

Why Contemporary Artists Are Raiding the Renaissance Toolkit

Three contemporary artists—Alison Elizabeth Taylor, Michael Bühler-Rose, and Nick Doyle—are reviving the Renaissance woodworking techniques of intarsia and marquetry in their current exhibitions. Taylor is showing marquetry hybrid paintings at Jessica Silverman Gallery in San Francisco, Bühler-Rose is presenting a solo booth with Stems Gallery at Independent, and Doyle is also participating in the trend. Their work draws inspiration from the Gubbio Studiolo at the Metropolitan Museum of Art, a 15th-century trompe-l'œil room that exemplifies the decorative inlay tradition.

Raghu Rai obituary

Raghu Rai, the renowned Indian photographer known for capturing his country's post-independence history through singular, enduring images, has died at age 83 from cancer. Rai's career spanned six decades, during which he documented events from the 1984 Bhopal gas disaster to the Bangladesh war of independence, and photographed figures including Indira Gandhi, Mother Teresa, and the Dalai Lama. He joined Magnum Photos in 1977 after being invited by Henri Cartier-Bresson, and worked as a staff photographer for the Statesman and as picture editor for India Today.

10 Shows Around Venice Not to Miss During the Biennale

ARTnews has published a guide to 10 exhibitions in Venice worth seeing during the 2026 Biennale, beyond the central show "In Minor Keys" curated by the late Koyo Kouoh and the national pavilions. Highlights include a major survey of Lee Ufan at the San Marco Art Centre (SMAC Venice), organized by the Dia Art Foundation and curated by Jessica Morgan; "Helter Skelter: Arthur Jafa and Richard Prince" at Fondazione Prada, curated by Nancy Spector; and "Strange Rules" at Palazzo Diedo, conceived by Hans Ulrich Obrist with Mat Dryhurst and Holly Herndon, introducing the concept of "Protocol Art." Other venues include the Gallerie dell'Accademia, Pinault Collection, Berggruen Arts & Culture, Fondazione Sandretto Re Rebaudengo, and a three-night-only performance at Teatro Goldoni.

The shifting market for luxury: can legacy brands navigate new trends and buyers?

Bénédicte Épinay, president and CEO of Comité Colbert, is organizing 'Hidden Treasures,' an exhibition of French luxury brands at The Shed in New York in late May 2025, timed after Frieze art fair and auction week. The show features 96 French luxury brands, 17 cultural institutions, and six European luxury brands, including Musée du Louvre, Balenciaga, Louis Vuitton, and Cartier. The initiative is part of a broader cultural diplomacy strategy, following a similar exhibition in Shanghai in 2024 that helped reduce tariffs on cognac. The article also notes shifting luxury market dynamics, with strong US sales growth projected at 8% in 2026, while Europe remains stagnant, and emerging markets like India show new wealthy buyers driving auction house growth.

Here’s How Stars at the 2026 Met Gala Nodded to Art History

The 2026 Met Gala, themed "Fashion Is Art," saw celebrities and fashion figures wearing outfits directly inspired by or referencing iconic artworks and art historical movements. Notable nods included Chloe Malle in a gown referencing Frederic Leighton's *Flaming June*, Lauren Sánchez Bezos in a Schiaparelli dress echoing John Singer Sargent's *Madame X*, and Hunter Schafer channeling Gustav Klimt's portrait *Mäda Primavesi*. Other attendees like Anne Hathaway, Hailey Bieber, and Karan Johar also drew from specific paintings, sculptures, and poems, while stylist Law Roach wore a hand-painted piece by Gabonese artist Naïla Opiangah.

In Venice, 22 unmissable exhibitions on the sidelines of the biennial

À Venise, 22 expositions incontournables en marge de la biennale

The article highlights 22 must-see exhibitions happening alongside the 61st Venice Biennale, which is expected to be affected by geopolitical tensions but still promises artistic vibrancy. Notable events include Bvlgari's dual projects featuring artists Lotus L. Kang, Lara Favaretto, and Monia Ben Hamouda; the unveiling of the Asscher collection at the Ama Venezia foundation with works by Charles Ray, Jenny Saville, and Richard Serra; and the inaugural exhibition "The Only True Protest Is Beauty" at the Fondation Dries Van Noten, showcasing 200 objects across fashion, design, and art. Other highlights include a dialogue between Picasso, Morandi, and Parmiggiani at the Fondazione Bevilacqua La Masa.

'Trusting that first reaction is important': Nacho Polo and Robert Onuska on the process of collecting

Nacho Polo and Robert Onuska, co-founders of the design gallery Studiotwentyseven, discuss their art collection in an interview with The Art Newspaper. Housed in their Tribeca apartment, the collection spans painting, sculpture, and photography with an emphasis on materiality and sculptural form. They recount their first acquisition—Ron Gorchov's *Autolykos* (2019)—and their most recent purchase, Alex Katz's *Nine Women 5* (2009). The couple also shares their instinctive buying process, a regret over missing a Nick Cave sculpture, and their anticipation for the Jean and Terry de Gunzburg collection at Sotheby's this spring.

The 5 Best Booths at Frieze New York 2026

Frieze New York 2026 opened its VIP day at The Shed on May 13, following the Venice Biennale's opening week. Now in its 15th edition, the fair anchors New York Art Week, a series of concurrent fairs, gallery openings, auctions, and parties that take over the city each May. The article highlights the five best booths at the fair, curated by Artsy Editorial.

The car park that changed British art: Bold Tendencies at 20

Bold Tendencies, the pioneering arts organization that transformed a multi-storey car park in Peckham, London, into a vibrant cultural venue, is celebrating its 20th summer season. Founded by gallerist Hannah Barry in 2007, the project has hosted over 3 million visitors, commissioned dozens of new artworks, and built an auditorium and concert hall within the concrete structure. It began as a low-budget experiment in using derelict urban spaces for art, featuring sculptures, performances, and a rooftop bar that predated the experiential art boom.

How Painter Akira Ikezoe Became This Spring’s Breakout Star in New York

Japanese-born painter Akira Ikezoe has become a breakout star in New York this spring, appearing simultaneously in two prestigious exhibitions: the Whitney Biennial and MoMA PS1's Greater New York. His absurdist, diagrammatic paintings—featuring naked figures, skeletons, and dairy-centric narratives—have drawn significant attention from curators and critics. Despite lacking a New York gallery, Ikezoe is represented by Proyectos Ultravioleta in Guatemala City and was also included in the 2025 Sharjah Biennial, positioning him for rapid ascent in the art world.

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.

Collateral Events Not to Miss at 61st Venice Biennale

The article highlights several collateral events not to miss at the 61st Venice Biennale, including "The Spirits of Maritime Crossing 2026" at Palazzo Rocca Contarini Corfù, featuring 20 artists from Southeast Asia, Ireland, and Serbia, anchored by Marina Abramović's performance piece "Sea Punishing" (2006). Other notable exhibitions include a seven-decade survey of Korean artist Lee Ufan at San Marco Art Centre, "TURANDOT: To the Daughters of the East" at ACP Palazzo Franchetti featuring 11 female artists from Central Asia, Li Yi-Fan's "Screen Melancholy" at Palazzo delle Prigioni, and Nalini Malani's "Of Woman Born" at Magazzini del Sale.

Watching You, Watching Me: On Panteha Abareshi and the Spectacle of Illness

The Same Dead Thing Alive: Contemporary Archives in L.A. and Beyond

From The Sheep Detectives to Rivals: your complete entertainment guide to the week ahead

This week's entertainment guide from The Guardian includes a major outdoor sculpture exhibition of Henry Moore's monumental works at Kew Gardens, running from May 9, 2026 to January 31, 2027. The show features 30 of Moore's sculptures in the largest-ever presentation of outdoor works by the English modernist. Additionally, Parham Ghalamdar presents a solo exhibition of post-apocalyptic ceramic and glass works at Blenheim Walk Gallery in Leeds, and Photo London, the UK's leading photography fair, returns for its 11th year, moving to Kensington Olympia after a decade at Somerset House.

MONUMENTS at MOCA and The Brick

The article reviews the exhibition "MONUMENTS" held at both MOCA (Museum of Contemporary Art, Los Angeles) and The Brick, as covered by Contemporary Art Review LA. The review, written by Qingyuan Deng, appears in Issue 43 (February 2026) of the publication, which also features other reviews, interviews, and essays on topics ranging from olfactory art to tarot and video art.

2026 Carla Art Auction is Live!

Minnie Pwerle, Emily Pwerle, Molly Pwerle, Galya Pwerle at Château Shatto

Château Shatto gallery in Los Angeles is presenting a group exhibition featuring works by Minnie Pwerle, Emily Pwerle, Molly Pwerle, and Galya Pwerle, four Indigenous Australian artists from the Anmatyerre community. The show highlights their distinctive painting styles, which often draw on ancestral stories and bold abstract patterns, continuing the legacy of Aboriginal art in a contemporary gallery context.

10 Exhibitions to See in Upstate New York This May

Hyperallergic's guide highlights 10 exhibitions opening in Upstate New York this May, including the Hessel Museum of Art's annual showcase of thesis exhibitions by graduates of the Center for Curatorial Studies at Bard College, featuring works by Alice Aycock, Arthur Jafa, Mike Kelley, and Ana Mendieta. Other notable shows include Daniele Frazier's camera-less photography at September Gallery, Onnis Luque's investigation into resource exploitation at Art Omi, and Japanese woodblock prints at the Frances Lehman Loeb Art Center. The guide also covers Lukaza Branfman-Verissimo's mixed-media works and Maria Auxiliadora da Silva's paintings.

Think you have strong opinions about the 2026 Archibald prize? Check out the portraits that didn’t make the cut | Dee Jefferson

The article explores the annual ritual of the Archibald Prize, Australia's most famous portrait competition, through the lens of the 2026 edition. The author, Dee Jefferson, describes the predictable cycle of public enthusiasm, critical disdain, and media coverage that surrounds the prize, noting recurring trends like brown suits, oversized heads, and the dominance of male artists painting male subjects. The piece highlights specific works in this year's exhibition, including a portrait of musician Keli Holiday by Sindy Sinn that the author finds disorienting, and contrasts the main exhibition with the Salon des Refusés, the showcase of rejected entries, which includes a provocative portrait of Patricia Piccinini by Wendy Sharpe featuring exaggerated anatomy.

The Only Guide to This Year’s Venice Biennale You Will Ever Need

The 61st Venice Biennale opens amid significant turmoil. The entire jury of the International Art Exhibition resigned after a statement about withholding prizes from countries with leaders charged with crimes against humanity by the ICC, leading to the cancellation of the Golden Lion awards in favor of 'Visitors' Lions' to be given at the exhibition's end. The event has been further marred by the sudden death of artistic director Koyo Kouoh from liver cancer in early 2025, and the death of artist Henrike Naumann, who was set to debut work in the German pavilion. Additionally, the selection process for the American pavilion artist, Mexico-based sculptor Alma Allen, sparked controversy after a delayed grant application process.

Art in America’s Summer Issue Features 20 “New Talent” Artists, Juicy Art Heist Stories, and More

Art in America's Summer issue features 20 emerging artists in its annual "New Talent" portfolio, selected by the magazine's editors. The issue also includes a feature on art heist stories by Jackson Arn, an essay on systems art by Emily Watlington, and a piece on tragicomic times by Eugenie Brinkema. Additional content includes a tribute to Henrike Naumann, a spotlight on Olga Fröbe-Kapteyn, a book review of Trevor Paglen's latest work, and departments covering museum and gallery worker perspectives, a Frick Collection vs. Morgan Library comparison, and a summer reading list of art-themed novels.

Remembering Raghu Rai, Jack Thornell, and Jarvis Rockwell

Hyperallergic's weekly 'In Memoriam' column honors eight recently deceased figures from the art world, including Indian photojournalist Raghu Rai (1942–2026), Argentine abstract painter Ides Kihlen (1917–2026), Israeli painter and activist Yair Garbuz (1945–2026), British photographer Mark Gerson (1921–2026), Japanese art collector Kurt Gitter (1937–2026), Danish antiquities dealer Ittai Gradel (1965–2026), indigo textile artist Leigh Magar (1968–2026), and Kenyan muralist Patrick Mukabi (1967–2026). Each entry summarizes their life, career highlights, and contributions to visual art and photography.

Edgar Calel wins 2026 Sam Gilliam Award

Edgar Calel, a Maya Kaqchikel artist from Chi Xot, Guatemala, has been awarded the 2026 Sam Gilliam Award, as announced by the Dia Art Foundation and the Sam Gilliam Foundation. The prize includes $75,000 and a public programme at a Dia Foundation location this autumn. Calel’s multidisciplinary practice—spanning drawing, sculpture, installation, and performance—centers on ancestral knowledge, Indigenous experience, and the legacies of colonialism. He was selected by a jury of curators and foundation leaders, including Jessica Morgan, director of the Dia Art Foundation.

Paloma Elsesser, Joan Jonas, and Isha Ambani Descended Upon Beacon for a Day at Dia

On a warm spring Saturday, the Dia Art Foundation hosted its annual Spring Benefit at Dia Beacon, drawing a cross-disciplinary crowd of artists, curators, museum leaders, and fashion figures. The event celebrated the opening of seven major exhibitions across the Beacon campus, featuring works by John Chamberlain, Lee Ufan, Kishio Suga, and Jack Whitten, and marked the rollout of a new partnership with Chanel. Guests explored over 20 galleries, enjoyed a seasonal lunch amid Chamberlain's sculptures, and participated in a special children's program, all set within the former Nabisco box-printing factory along the Hudson River.

art new york gallery guide spring

Cultured's spring gallery guide for New York highlights a curated selection of exhibitions across the city, with standout shows including Carol Bove's sculptural installation at the Solomon R. Guggenheim Museum, Joan Semmel's retrospective at the Jewish Museum, Jessi Reaves's furniture-based works at the American Academy of Arts and Letters, and the group show "Afterlives: Contemporary Art in the Byzantine Crypt" at the Metropolitan Museum. The guide also notes exhibitions by Paul Chan, Nicola Tyson, Doron Langberg, and Yuval Pudik that are closing soon, and extends coverage to shows in Philadelphia and Warsaw.

From YBAs to McQueen: Tate Britain’s New Exhibition Reframes the Creative Explosion of the 1990s

Tate Britain has announced a major new exhibition, *The 90s: Art and Fashion*, opening in autumn 2026, which will be the first to examine the intersection of contemporary art, photography, and fashion during the 1990s in Britain. Featuring over 100 works by nearly 70 artists, photographers, and designers—including Sarah Lucas, Alexander McQueen, Tracey Emin, and Steve McQueen—the show explores the decade's raw experimentation, anti-establishment energy, and the rise of the Young British Artists. Curated with input from Edward Enninful, the exhibition also highlights subcultures, nightlife, and the work of figures who challenged dominant narratives around race, identity, and class.

Paris Judge Rejects Bid to Suspend the Replacement of Notre-Dame’s Windows

A Paris judge has rejected a bid to suspend the removal of six 19th-century stained-glass windows by Eugène Viollet-le-Duc from Notre-Dame Cathedral, clearing the way for their replacement with contemporary works commissioned by the French government. The Paris Administrative Court ruled that the project does not constitute an irreversible alteration because the new windows, designed by artist Claire Tabouret and produced by glassmakers Simon-Marq, could be removed in the future, and the original windows will be preserved. The judge did not rule on the legality of the project, which had previously been vetoed by the National Commission of Patrimony and Architecture, leaving the door open for further legal challenges.