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.

Remembering Pat Steir, one of the 20th century’s late-blooming great artists

Pat Steir, the acclaimed American painter known for her Waterfall series, died in Manhattan on 25 March at age 87. The article traces her career from early struggles as a freelance illustrator and art director, through her transformative encounter with Sol LeWitt in the early 1970s, to her eventual emergence as a major figure in contemporary painting. It highlights her teaching at CalArts and Parsons, her involvement with feminist and artist-run institutions like Heresies and Printed Matter, and the pivotal moment in the early 1980s when she cut up a reproduction of a Jan Brueghel the Elder flower painting into 64 panels, repainting each in a different historical style.

Digital Art Pioneer Nancy Burson Collapses the Border Between Mysticism and Quantum Physics

Nancy Burson, a pioneering digital artist, presents her latest solo exhibition "Light Matter" at Heft Gallery in New York, featuring "Quantum Entanglement" paintings that appear as white dots on black canvases but reveal jittering forms and depth when viewed through a phone camera. The 78-year-old artist, known for her 1980s composite portraits blending faces of businessmen and movie stars, continues her exploration of perception and technology, claiming a special gift to perceive the universe's emergent energy grid. The exhibition runs through May 2.

A Smaller Art Brussels Represents a Shift in the Fair Ecosystem Toward a ‘Quality-First’ Approach

Art Brussels, now in its 42nd edition (April 23–26), has downsized from 164 to 138 participating galleries, a 15% reduction that allows the fair to fit entirely within one hall of Brussels Expo. Director Nele Verhaeren openly acknowledged the shift, framing it as a deliberate move toward a 'quality-first' approach that prioritizes visitor experience over sheer scale. The fair introduces a new section called Horizons, curated by Devrim Bayar of the upcoming Kanal-Pompidou museum, featuring seven large-scale works in the freed-up space. Dealers like Xavier Hufkens and Nadja Vilenne support the strategy, noting that galleries must now carefully choose which fairs to attend amid rising costs and geopolitical tensions.

Pittsburgh’s burgeoning gallery community readies for its moment in art world spotlight

Pittsburgh's commercial gallery scene is experiencing a resurgence as the Carnegie International, the country's longest-running recurring exhibition, prepares to open its largest edition yet with 61 artists. Since the pandemic, several young gallerists with experience in New York and Los Angeles have opened spaces in the city, including Romance gallery (2023) by former Whitney curator Margaret Kross, and april april gallery (2024) relocated from Brooklyn by Patrick Bova and Lucas Regazzi. Longer-established galleries like Concept, Zynka, and James Gallery have welcomed these newcomers, with local figures such as collector Evan Mirapaul noting that Pittsburgh's robust arts ecosystem—including museums, universities, and nonprofits—has long lacked a strong commercial gallery presence.

Tensions Rise Over Proposed New Zealand Statue Commemorating ‘Comfort Women’ Japan Forced into Sexual Slavery, Have a Bartering Breakfast with Maurizio Cattelan: Morning Links for April 10, 2026

A diplomatic dispute has emerged between Japan and New Zealand over a proposed bronze statue in Auckland commemorating 'comfort women' forced into sexual slavery by the Japanese military during WWII. Japan’s ambassador warned that the memorial, donated by the Korean Council for Justice and Remembrance, could damage international relations, while the Japanese embassy labeled the project part of an 'anti-Japan' movement.

George Herms, Titan of West Coast Assemblage, Dies at 90

George Herms, a pioneering figure in the West Coast Assemblage movement, died on April 24 at age 90. Known for transforming found materials, rusted metal, and debris into poetic sculptures and collages, Herms emerged from the Beat scene in Topanga Canyon and was influenced by artist Wallace Berman. His first assemblage show, Secret Exhibition (1957), was held in a vacant lot, and he was later included in MoMA's landmark 1961 exhibition The Art of Assemblage. Over seven decades, he exhibited widely, including at the Museum of Contemporary Art, Los Angeles, and Morán Morán, and created public artworks in LA such as 'Portals to Poetry' and 'Clocktower: Monument to the Unknown.'

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.

joshua johnson 2745691

Joshua Johnson, born into slavery in Maryland around 1763, emerged in the late 18th century as the first documented Black professional artist in the United States. After gaining his freedom in 1782, Johnson established himself in Baltimore as a self-taught portraitist, advertising his services in local newspapers and catering to the city's prominent families. His body of work, consisting of approximately 83 attributed paintings, is characterized by a distinct flatness and three-quarter profile compositions typical of early American folk art.

Proposed Loan of Picasso’s ‘Guernica’ Sparks Clash Between Spanish Authorities

A heated political dispute has emerged between the Spanish central government and the Basque regional government over a proposed loan of Pablo Picasso’s 'Guernica' to the Guggenheim Bilbao. The Basque government requested the masterpiece for a 2027 exhibition marking the 90th anniversary of the bombing of Guernica, but the Reina Sofia Museum and Spain’s Ministry of Culture have blocked the move. Officials cite a recent technical report warning that the painting’s massive scale and fragile condition make it too vulnerable to survive the vibrations of transport.

Story of enslaved boy featured in 1748 Joshua Reynolds portrait emerges in new study

A research project by the National Trust, the National Gallery in London, and Royal Museums Greenwich has uncovered new details about the identity of an enslaved boy known only as “Jersey,” who appears in a 1748 portrait by Sir Joshua Reynolds. The painting, which hangs at Saltram in Devon, depicts Jersey with his enslaver, naval officer and MP Paul Henry Ourry. Through admiralty records, muster books, and baptismal certificates, researchers identified the boy as “Boston Jersey,” later baptised as George Walker, and found evidence of his naval service and possible path to freedom.

‘This scene is alive’: Abidjan art week showcases city as growing cultural hub

The third edition of Abidjan Art Week recently concluded in Côte d’Ivoire, featuring extended gallery hours, bus tours, and exhibitions across diverse neighborhoods from the administrative Plateau district to the working-class area of Abobo. The event saw a significant expansion this year, with the number of participating galleries more than doubling and featuring artists from across the continent, including Cameroon, Mali, and the Democratic Republic of the Congo.

Between setbacks and uncertain collectors, how did the miart 2026 fair go for the galleries?

Tra intoppi di percorso e collezionisti incerti, come è andata la fiera miart 2026 per le gallerie?

The 2026 edition of the miart fair in Milan faced significant logistical challenges following its move to the South Wing of the Allianz MiCo. While the 'Emergent' section thrived with ample space and natural light, the 'Established' and 'Anthology' sections suffered from a confusing multi-level layout, poor signage, and oppressive lighting. Many galleries, including Alfonso Artiaco, reported that the lack of clear directions turned high-quality exhibition spaces into "cathedrals in the desert," making it difficult for collectors to locate booths.

The Essential Works of Yin Xiuzhen

ArtAsiaPacific published a profile of Chinese artist Yin Xiuzhen, born in 1963 in Beijing, highlighting her career as a pivotal figure in Chinese contemporary art since the 1990s. The article revisits milestone works following the closing of her solo exhibition "Yin Xiuzhen: Heart to Heart" at London's Hayward Gallery, including early pieces like *Dress Box* (1995) and *Washing River* (1995). Yin emerged alongside the second wave of Chinese contemporary artists, including Yu Hong, Song Yonghong, Wang Jinsong, and her husband Song Dong, and was an early practitioner of what art historian Gao Minglu termed "Apartment Art." Her practice uses discarded clothing, household ephemera, and industrial materials to address urbanization, globalization, environmental crisis, and collective memory.

‘Emergent Figures’ Carves Space for Thai Artists in a Global Canon

Frieze published a critic's guide titled 'Emergent Figures' Carves Space for Thai Artists in a Global Canon, which highlights a group exhibition featuring Thai artists at a venue in Brussels during Art Brussels. The show aims to present Thai contemporary art within a broader international context, moving beyond regional stereotypes. The article is part of a larger guide that also includes recommendations for other must-see shows during the fair, such as Richard Tuttle at Galerie Greta Meert and Lutz Bacher at WIELS.

Exhibition | Bùi Thanh Tâm, 'Here on and after' at Eli Klein Gallery, New York, United States

Eli Klein Gallery in New York is presenting "Bùi Thanh Tâm: Here on and after," the Hanoi-based artist's first solo exhibition in the United States. The show features 13 new and recent paintings that explore Vietnam's colonial history, the aftermath of war, and the persistence of memory. Tâm, a leading Vietnamese painter of the postwar generation, incorporates traditional folk woodblock prints—Đông Hồ, Hàng Trống, and Kim Hoàng—into layered, collaged works. The sunflower emerges as a central symbol of resilience and rebirth, influenced by Anselm Kiefer and Francis Bacon, while addressing trauma from French colonialism to Agent Orange. The exhibition includes series such as "Searching for the Sunflower," "Hello. God is here," "Utopia," and "Mutant," each examining themes of healing, endurance, and cultural transformation.

Dorothy Dehner | Dorothy Dehner - Drawing for Sculpture (1955) | Available for Sale

Alpha 137 Gallery has listed a unique 1955 work on paper by American modernist Dorothy Dehner titled "Drawing for Sculpture." The piece, executed in brown marker on found stationery from a New York manufacturer’s agent, represents a pivotal moment in Dehner’s career when she transitioned from painting to the abstract sculpture for which she became famous. The work is hand-signed and dated, reflecting her early exploration of three-dimensional forms through graphic media.

Chicago Art Movements Over The Years, From the Monster Roster to the Modern Moment

Chicago’s art history is defined by a series of indigenous movements that prioritized visceral, existential expression over commercial appeal. The article traces this lineage back to the late 1940s with the emergence of the Monster Roster, a group of artists including Leon Golub and Dominick Di Meo who returned from World War II to produce agonistic work. This movement was catalyzed by institutional resistance at the School of the Art Institute of Chicago, leading to the creation of the independent Momentum Exhibitions which bypassed conservative juried systems.

Historic Tiffany Window, Once Hidden in Texas Church, Reemerges at Crystal Bridges

Crystal Bridges Museum of American Art has unveiled a monumental Tiffany Studios window, "Mountain Landscape (Root Memorial Window)," which was previously housed in a San Antonio church. The 1917 stained-glass masterpiece, designed by Agnes Northrup, had been roped off for a decade due to insurance liabilities before the church sought a public institution to ensure its preservation and display. Following a meticulous conservation process, the nine-foot-tall window is now a centerpiece of the museum’s Visions of America Galleries.

Boulder County’s latest art exhibits

The Boulder County arts community is hosting a diverse array of exhibitions across its galleries and museums this spring. Key highlights include Jorge Vinent’s environmentally focused works at Ana’s Art Gallery, the group exhibition "Yes &…" at the Boulder Museum of Contemporary Art, and a historical exploration of segregation at the Collective Community Arts Center. The region is also showcasing student work from the Boulder Valley School District and various solo presentations by local artists like Rodney Carswell and Jessica Rohrer.

What’s Left to Learn from Marcel Duchamp?

The article examines Marcel Duchamp's enduring influence on contemporary art, focusing on his readymades such as "Fountain" (1917) and "Bicycle Wheel" (1913/1951). It notes that a major survey co-organized by the Museum of Modern Art and the Philadelphia Museum of Art, 70 years after Duchamp predicted his true public would emerge in 50 to 100 years, reaffirms his status as the most influential artist of the past century. The piece discusses how Duchamp's practice of selecting and presenting ordinary objects as art—from a urinal to a snow shovel—once shocked the art world but now seems quaint compared to later works like Maurizio Cattelan's taped banana.

Boulder County art exhibits on display this week

This article lists dozens of current and upcoming art exhibitions across Boulder County, Colorado, featuring a wide range of venues from commercial galleries like 15th Street Gallery and Ana’s Art Gallery to nonprofit spaces such as Art Parts and the Boulder Museum of Contemporary Art (BMoCA). Highlights include lithographs by Santa Fe artist Rodney Carswell, Jorge Vinent's recycled-material works in "We Choose Earth," and student showcases at Canyon Theater and Gallery. The roundup also covers community-focused shows like "Racism & Discrimination at the Lafayette Swimming Pool 1934" and group exhibitions at Liminal Light Gallery and The New Local Gallery.

Here’s what’s on the gallery walls in Boulder County

Boulder County’s art scene is currently hosting a wide array of exhibitions across its museums, galleries, and community centers. Highlights include the Boulder Museum of Contemporary Art’s eclectic group show "Yes &…," a historical examination of segregation at the Lafayette Swimming Pool in the 1930s at the Collective Community Arts Center, and a showcase of Indigenous ecological knowledge at the Dairy Arts Center. The region is also emphasizing local talent through the Boulder Valley School District student showcase and various member exhibitions at the Louisville Art Association and Liminal Light Gallery.

Beyond the prompt: when the medium is generative AI, the artist becomes a systemic director

Oltre il prompt: quando il medium è l’AI generativa l’artista diventa regista sistemico

The article argues that as AI-generated images become more spectacular, the role of the artist is often misunderstood as merely writing prompts. Instead, the author contends that the most significant generative artworks are systems—predetermined rule-based environments where the artist designs the conditions for images to emerge. Works like Hans Haacke's "Condensation Cube" (1963-1965) and Refik Anadol's "Unsupervised" (2022) exemplify this shift from object to process, where the artwork is the behavior or architecture itself.

Everything to know about David Geffen Galleries as a new LACMA emerges

The Los Angeles Times reports on the upcoming David Geffen Galleries, a new building that will become the centerpiece of the Los Angeles County Museum of Art (LACMA) as it undergoes a major transformation. Designed by architect Peter Zumthor, the structure is part of a long-delayed, multi-billion-dollar renovation project that aims to modernize the museum's campus and consolidate its collection under one roof. The article details the timeline, design features, and the controversies surrounding the project's cost and scope.

Korean Cultural Center New York Presents the Major Exhibition "Lee Kang So: A Field of Becoming"

The Korean Cultural Center New York (KCCNY) presents the major exhibition "Lee Kang So: A Field of Becoming," on view from May 13 to June 20, 2026. The show features the work of pioneering Korean contemporary artist Lee Kang So (b. 1943), who since the 1970s has worked across photography, painting, sculpture, installation, and performance, resisting fixed forms to explore how art emerges through process, material, and context. The exhibition includes key works from his 1970s performances and installations, as well as later sculptures and paintings that foreground gravity, chance, and bodily gesture. Lee, who was active in New York in the 1980s and participated in MoMA PS1's Studio Artist Program, returns to the city with this exhibition at KCCNY's expanded venue.

Harper’s Bangkok Gallery Opens its Doors, Bringing Western Artists to Thailand

Harper's Bangkok, a new outpost of the New York-based gallery group founded by Harper Levine, opened in late March 2026 on the ground floor of the Siam Pathumwan House building. Its debut exhibition, 'Lost and Found', is a solo show by American artist Joel Mesler featuring 18 new vibrantly colored works, marking his first presentation in Southeast Asia. The gallery is the first major Western commercial gallery to establish a permanent space in Bangkok, joining a rapidly maturing local art ecosystem.

East Boulder County Artists studio tours on tap; plus Boulder County’s latest art exhibits

The East Boulder County Artists spring studio tour returns this weekend, offering a self-guided tour of 54 artists across 37 locations in Longmont, Niwot, Gunbarrel, Louisville, and Lafayette. The tour features demonstrations in painting, ceramics, glass, jewelry, mixed media, encaustic, fiber, wood, and sculpture, with free maps available at local businesses and libraries. Additionally, the article lists numerous current and upcoming art exhibitions in the Boulder area, including shows at the Boulder Museum of Contemporary Art, 15th Street Gallery, Ana's Art Gallery, and several other venues.

Week in art: 0417

The Boulder area is hosting a diverse array of art exhibitions and events across various local institutions and galleries. Highlights include Rodney Carswell’s lithographs at 15th Street Gallery, Jorge Vinent’s eco-conscious works at Ana’s Art Gallery, and the group exhibition "Yes &…" at the Boulder Museum of Contemporary Art. Other notable shows include a historical examination of racism at the Lafayette Swimming Pool and a student showcase from the Boulder Valley School District at the Canyon Gallery.

What Made Marcel Duchamp’s Readymades So Revolutionary?

Marcel Duchamp transformed the trajectory of 20th-century art by introducing the 'Readymade,' a concept where mass-produced, everyday objects are elevated to the status of art through the artist's selection rather than manual craft. Beginning with a bicycle wheel in 1913 and a bottle rack in 1914, Duchamp eventually formalized the term during a 1915 stay in New York, where the city's industrial modernity and lack of rigid class structures inspired him to challenge traditional definitions of creativity.