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museums finances

Museums worldwide are urgently searching for new financial models as government funding declines, wealthy patrons pull back, and corporate sponsors face pressure. A global study published in January by the International Research Alliance on Public Funding for Museums found that in 37 percent of responding countries, 71 to 100 percent of museums now receive most funding from private sources. Institutions are exploring endowments, new revenue streams, and collaborative approaches, with the Louvre becoming the first French museum to create an endowment fund in 2009, raising €175 million. The $85 trillion Great Wealth Transfer offers hope, but next-generation donors prioritize transparency and meaningful engagement over prestige.

art bites andy warhol perfume scents

This article explores Andy Warhol's lifelong passion for perfume, detailing how the Pop Art icon collected and wore fragrances, created his own scent called "You're In / Eau d'Andy" in 1967, and produced screen-prints of Chanel No. 5 bottles as part of his "Ads" series in 1985. It notes that the Andy Warhol Museum in Pittsburgh holds his half-used bottles, referred to as his "Permanent Smell Collection," and that his love of scent was tied to his Catholic upbringing and work as a window display designer.

performa 2025 aria dean diane severin nguyen sylvie fleury

The article recounts the author's experience at the 2025 Performa biennial in New York, beginning on November 4 with the death of Dick Cheney and the election of Zohran Mamdani as mayor. The author attended Diane Severin Nguyen's performance "War Songs," which restaged historical protest concerts from the Vietnam War era, blending anti-war anthems with pop music. The piece also highlights missing performances by Lina Lapelytė and Ayoung Kim, and expresses anticipation for Aria Dean's play "The Color Scheme."

goddard tiffany window heads to auction

A Tiffany Studios stained-glass window, the Goddard Memorial Window, sold for $4.2 million at Christie's Design Sale on June 12, 2025, exceeding its high estimate of $3 million. Commissioned in 1909 by Mary Edith Jenckes Goddard for St. Luke's Episcopal Church in East Greenwich, Rhode Island, the window features a pastoral landscape with an apple blossom tree, symbolic of youth. The sale follows a surge in the Tiffany window market, including a record $12.4 million sale at Sotheby's in November 2024 and recent acquisitions by the Metropolitan Museum of Art and Crystal Bridges Museum.

museo jumex football and art exhibition 2026 world cup fifa

Museo Jumex in Mexico City will host "Fútbol y Arte. Esa misma emoción" (Football & Art. A Shared Emotion), an exhibition timed to the 2026 FIFA World Cup. Opening March 28 and running through July 26, the show features around 100 works by 60 international artists, including Marta Minujín, Graciela Iturbide, Melanie Smith, and Rafael Ortega. Curated by Guillermo Santamarina with exhibition design by Mauricio Rocha, the museum will be transformed into elements symbolic of soccer, with sections exploring gender, community, identity, and the political dimensions of the game. New commissions by Diego Berruecos, Iñaki Bonillas, and Sofía Echeverri are included, along with a sculptural installation by Tercerunquinto made from recycled Estadio Azteca seats.

norman rockwell thanksgiving freedom from want three facts

Norman Rockwell's iconic painting "Freedom From Want" (1943), known as the quintessential Thanksgiving image, is examined through three lesser-known facts. The painting was part of a series responding to FDR's "Four Freedoms" speech, initially rejected by the military's Office of War Information before being embraced for a war bond campaign that raised over $132 million. Rockwell used friends and family as models, including his wife and the family cook, who actually prepared the turkey depicted. The work has recently returned to the spotlight: a four-panel Rockwell suite sold for $7.2 million at Heritage Auctions to the White House Historical Association, while Rockwell's family criticized the Department of Homeland Security for using his art in divisive social media posts.

guggenheim abu dhabi basquiat warhol

The chairman of Abu Dhabi's department of cultural tourism, Mohamed Khalifa Al Mubarak, revealed at a recent briefing that the Guggenheim Abu Dhabi, designed by Frank Gehry and set to open in 2026 on Saadiyat Island, will feature Western masters like Jean-Michel Basquiat, Jackson Pollock, Mark Rothko, and Andy Warhol alongside lesser-known contemporary artists from Asia, Africa, and the Arab world. The museum, originally announced two decades ago and delayed multiple times, will also incorporate augmented reality and artificial intelligence to enhance visitor engagement, and will include music, food, and dance as part of its civic space concept.

new york auctions recap

New York's marquee auction week delivered strong results, with Sotheby's and Christie's posting combined sales of nearly $2 billion. Sotheby's achieved a record $706 million evening at its new Breuer Building headquarters, driven by the Leonard Lauder estate sale, while Christie's $690 million 20th-century sale was up 41.9% from last November. Gustav Klimt's *Portrait of Elisabeth Lederer* sold for $236.4 million, setting a new auction record for the artist and becoming the most expensive Modern artwork ever sold at auction. Frida Kahlo's *El Sueño (La Cama)* fetched $54.7 million, a record for a work by a woman artist at auction.

sothebys modern sales by the numbers

Sotheby's three-part modern art evening auction in New York on Thursday night achieved a total of $304.6 million, a dramatic increase from the $93.1 million equivalent sale last year. The sale featured 69 lots, with three withdrawn and none bought in, resulting in a 95% sell-through rate. Top lots included Vincent van Gogh's still life "Piles de romans parisiens et roses dans une verre" (1887), which sold for $62.7 million with premium to private advisor Patti Wong, and a work by Frida Kahlo. Third-party guarantees covered 55% of the presale low estimate, but bidding remained competitive throughout.

secrets of the metropolitan museum

The article reveals little-known secrets about the Metropolitan Museum of Art, including that its first home was not on Fifth Avenue but at 681 Fifth Avenue, and later the Douglas Mansion, before moving to its current location in 1879. It also notes that the museum's original red-brick facade is barely visible today, hidden within the Robert Lehman Wing, and that its first director, Luigi Palma di Cesnola, controversially mixed and matched parts of ancient sculptures to create composite works, while also misrepresenting their provenance.

art market minute nov 24

Last week's New York marquee auctions saw record-breaking sales and billions of dollars in transactions, providing a much-needed boost of confidence after nearly three years of market contraction. The article reviews top sales and notable flops from the week, analyzing how these results are shaping the current market outlook.

dorothy vogel collector dead

Dorothy Vogel, who with her husband Herbert built one of the most celebrated art collections of the 20th century while working as a librarian and a postal clerk, died on November 10 at age 90. The couple amassed thousands of Minimalist and conceptual works by artists such as Donald Judd, Roy Lichtenstein, and Sol LeWitt, housing them in their rent-controlled Manhattan apartment. They never sold any artwork and ultimately donated their entire collection to the National Gallery of Art in Washington, D.C.

frida kahlo el sueno sothebys auction

Frida Kahlo's painting *El sueño (La cama)* (1940) sold at Sotheby's New York for $54.7 million on Thursday night, setting a new auction record for any artwork by a female artist. The sale, which lasted under five minutes, exceeded the previous record held by Georgia O'Keeffe's *Jimson Weed/White Flower No. 1* ($44.4 million in 2014). The painting was backed by an irrevocable bid and came from the collection of Selma Ertegun, offered as part of a Surrealist group titled "Exquisite Corpus." Anna Di Stasi, Sotheby's head of Latin American art, placed the winning bid on behalf of a client.

sothebys modern pritzker exquisite corpse auction results

On Thursday night, Sotheby’s held a three-part sale of Impressionist, Modern, and Surrealist art at the Breuer Building in New York, generating $304.6 million against a cumulative estimate of $218.8 million to $301.2 million. The smallest sale, 13 lots from the collection of Cindy and Jay Pritzker, achieved a “white glove” result with $109.5 million, led by Vincent van Gogh’s *Romans Parisiens (Les Livres jaunes)* (1887) which sold for $62.7 million. The Surrealist offering, “Exquisite Corpus,” from the collection of Nesuhi and Selma Ertegun, featured Frida Kahlo’s *El sueño (La cama)* (1940) which set a record for the artist at $54.7 million, becoming the most expensive work by a woman artist at auction (nominal price).

who was felix vallotton

A painting by Swiss-French artist Félix Vallotton, *Femme couchée dormant (Le Sommeil)* (1899), sold for $2.8 million at Sotheby’s New York on Thursday night, exceeding its high estimate of $2.5 million. The work was part of the Pritzker Collection sale, which also featured masterpieces by Van Gogh, Matisse, and Gauguin. Vallotton’s auction record remains at nearly $4.5 million, set by *Cinq heures* (1898) at Christie’s London in late 2023.

trump epstein emails salvator mundi

Newly released emails between Jeffrey Epstein and journalist Michael Wolff reveal Epstein speculating about the $450 million sale of Leonardo da Vinci's *Salvator Mundi* and its possible connection to Donald Trump. In a May 2019 exchange, Epstein suggested that the painting's sale by Russian oligarch Dmitry Rybolovlev to Saudi Crown Prince Mohammed bin Salman might have been a covert bribe to secure Trump's support on Middle Eastern policy, specifically his veto of a congressional resolution against U.S. involvement in the Yemen war. Epstein also noted that his "art guy" thought the painting wasn't very good.

magritte bucksbaum collection sothebys sale

At Sotheby’s Modern evening auction, René Magritte’s 1942 painting *Le Jockey perdu*—which the artist considered a turning point in his career—sold for over $12.3 million, exceeding its high estimate. The work was part of a group of ten consignments from the estate of shopping mall magnate Matthew Bucksbaum and his wife Carolyn “Kay” Bucksbaum, influential collectors and philanthropists who met on a blind date in 1952. Alongside works by Salvador Dalí, Jean Dubuffet, Paul Klee, and Joan Miró, the evening sale netted more than $25 million, with remaining pieces appearing in subsequent day sales.

frida kahlo painting sothebys record woman surrealism

Frida Kahlo's 1940 self-portrait *El sueño (La cama)* sold for $54.7 million at Sotheby's New York on November 20, far exceeding its pre-sale estimate of $40–60 million. The painting, consigned by the estate of Selma Ertegun, was won by a phone bidder handled by Sotheby's senior vice president Anna Di Stasi. The sale broke Kahlo's previous auction record of $34.9 million set in 2021 for *Diego y yo*, as well as the record for a Latin American artwork and the overall record for a work by a woman artist at auction, surpassing Georgia O'Keeffe's $44.4 million *Jimson Weed/White Flower No. 1*.

frank lloyd wright usonian home jackson mississippi

The Mississippi Museum of Art (MMA) has acquired Fountainhead, a Frank Lloyd Wright-designed Usonian home in Jackson, Mississippi, for $1 million. The residence, built in 1954 for oilman J. Willis Hughes, is one of only four Wright homes in the state and the only one listed on the National Register of Historic Places. It was sold by the estate of late architect Robert Parker Adams, who had restored the property after purchasing it in 1980. The museum plans to preserve the home and open it to the public as a cultural destination.

phillips modern contemporary november dinosaur

Phillips’s Modern and Contemporary art evening sale in New York on Wednesday achieved $67.3 million, a 24.4% increase over last year’s total but far below the $154.6 million record set in 2023. The 33-lot sale landed at the top end of its pre-sale estimate, with Francis Bacon’s *Study for Head of Isabel Rawsthorne and George Dyer* (1967) selling for $16 million as the top lot. Notably, the auction included dinosaur bones for the first time—a juvenile triceratops skeleton nicknamed Cera—which proved a lucrative draw, while a painting by rising British artist Jadé Fadojutimi and a gold nugget called “The Thunderbolt” both failed to sell. Only one new artist record was set, for Firelei Báez at $645,000.

photo archive historic new york gallery shows

The New York Gallery History Project has launched its first installment: an online archive of Jay Gorney Modern Art, which operated from 1985 to 1998. The archive documents over 90 exhibitions held at the gallery, featuring artists such as Catherine Opie, Jessica Stockholder, Gillian Wearing, Haim Steinbach, and Martha Rosler. The material includes installation views, artwork images, and original invitations, all digitized from analog transparencies and slides. The project is an initiative of the Independent art fair and the Contemporary Art Library, a Los Angeles nonprofit.

christies 21st century evening sale women artists records

Christie’s 21st-century evening sale on Wednesday set new auction records for women artists Firelei Báez, Joan Brown, and Olga de Amaral. Báez’s painting *Untitled (Colonization in America, Visual History Wall Map, Prepared by Civic Education Service)* (2021) sold for $1,111,250; Brown’s *After the Alcatraz Swim #2* achieved $596,900; and Amaral’s *Pueblo H* (2011) soared to $3,125,000—more than double her previous record. The sale also set records for a neon/sculptural work by Glenn Ligon and a three-dimensional work by Richard Prince.

anonymous was a woman 2025 grant winners

Anonymous Was a Woman, a grant-making organization supporting woman-identifying artists, has announced 15 recipients of its $50,000 grants for 2025. The winners include Candida Alvarez, Park McArthur, Lola Flash, Kunié Sugiura, and Sonya Kelliher-Combs, among others. Founder Susan Unterberg, who initially remained anonymous, revealed herself in 2018 and named the organization after a Virginia Woolf quotation. The grants are primarily for artists over 40, and the organization has recently expanded to fund environmentally minded projects.

marina abramovic moma klaus biesenbach artist present

In a podcast interview with Louis Theroux, Marina Abramović revealed that curator Klaus Biesenbach was initially skeptical of her landmark 2010 performance "The Artist Is Present" at MoMA. Biesenbach, then chief curator at large at the Museum of Modern Art, had invited Abramović for the institution's first performance art retrospective, proposing the title "The Artist Is Present." When Abramović suggested sitting silently in the museum's atrium every day for three months, Biesenbach reportedly called the idea "ridiculous," predicting no one would participate. Despite his doubts, the performance drew some 1,500 visitors, with one person sitting for an entire day, and became a defining moment in 21st-century art.

costume art met museum 2026

The Metropolitan Museum of Art announced its Spring 2026 Costume Institute exhibition, “Costume Art,” which will open on May 10, 2026, inaugurating the new 12,000-square-foot Condé M. Nast gallery designed by Peterson Rich Office. The exhibition will feature artworks from across the Met’s collections in dialogue with garments from the Costume Institute, focusing primarily on Western art from prehistory to the present. Major sponsors include Jeff Bezos and Lauren Sánchez Bezos, with additional support from Saint Laurent and Condé Nast. Curator Andrew Bolton and museum director Max Hollein spoke at the press conference, where preview objects included Rei Kawakubo’s Comme des Garçons ensemble and Hans Bellmer’s "La Poupée."

gustav klimt portrait of elisabeth lederer auction record

Gustav Klimt's 'Portrait of Elisabeth Lederer' (1914–16) sold for $236.4 million at Sotheby's New York on November 18, 2025, after 20 minutes of bidding. The painting, which started at $130 million, was won by a phone bidder represented by Sotheby's specialist Julian Dawes, with the hammer price at $205 million. The work was the highlight of the Leonard A. Lauder Collection sale, a 55-work trove valued at over $400 million, and proceeds will go to the Lauder trust. The portrait had been restituted after Nazi-era confiscation and was acquired by Lauder in the mid-1980s.

sothebys lauder day sale

Sotheby's held a day sale on Wednesday featuring 30 works from the collection of cosmetics heir Leonard Lauder, generating $3.84 million against an estimate of $2.22 million to $3.29 million. The sale followed a strong Tuesday auction led by a Gustav Klimt portrait from Lauder's collection that achieved the second-highest price ever for an artwork at auction. Standout results included works by Dorothea Rockburne, Elizabeth Murray, and Lyonel Feininger that far exceeded their estimates, while a Claes Oldenburg sculpture sold for $444,500, the top price of the day.

christies 20th century art november new york by the numbers

Christie’s fall auction season in New York opened with a robust evening sale of 20th-century art on Monday night at Rockefeller Center, achieving a total of $690 million after fees. The sale featured an 18-lot offering from the private collection of Robert and Patricia Weis, followed by the main 20th-century auction. The top lot was Mark Rothko’s *No. 31 (Yellow Stripe)* (1958), which sold for $62 million, while Claude Monet’s *Nymphéas* (1907) brought $45.5 million. The sale had a 95 percent sell-through rate, with 55 of 80 lots guaranteed, and strong in-person bidding provided a boost of market confidence after months of art fair cancellations and gallery closures.

jewel venice biennale show crystal bridges

Singer-songwriter Jewel, a Grammy nominee and former sculpture student, will debut her first solo exhibition titled "Matriclysm: An Archeology of Connections Lost" at Salone Verde in Venice from May 10 to November 22, 2025, coinciding with the 62nd Venice Biennale. The show, presented by Crystal Bridges Museum of Art and organized by curator-at-large Joe Thompson, features new paintings, sculptures, tapestries, installations, and sound works exploring feminine power, climate change, and universal connection. Highlights include a massive plaster sculpture of a pregnant woman created with artist Patrick Bongoy, a glass installation produced at the Toledo Museum of Art, and works incorporating data from NASA, NOAA, Stanford University, and UC Berkeley.

basquiat crowns peso neto sothebys auction

An early Jean-Michel Basquiat painting, *Crowns (Peso Neto)* (1981), sold for $48.3 million at Sotheby’s contemporary evening sale on Tuesday night, exceeding its pre-sale estimate of $35–45 million. The work, making its auction debut, was created when Basquiat was 21 and features his signature motifs of crowns, black faces, and cartographic lines. Bidding lasted five minutes, with Sotheby’s chairman for China Jen Hua winning on behalf of a phone client. The painting had been held in three private collections over four decades and was previously exhibited at Basquiat’s first solo show at Annina Nosei, documenta 7, the Whitney Museum, and the Fondation Louis Vuitton.