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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.

Paul McCarthy: ‘The world is now an extreme absurdity. The work is a reaction to that’

Paul McCarthy, the 80-year-old American artist known for his transgressive critiques of consumer culture, has opened a new exhibition titled "SS EE Saint Santa Eva Elf" at Hauser & Wirth in Paris. The show features large-scale drawings and a six-channel video installation created during filmed performances with his long-term collaborator, German actress Lilith Stangenberg, who plays the Elf. McCarthy revisits his iconic Santa Claus motif, portraying him as a dark, psychotic figure—the "god of capitalism and consumption." The exhibition also includes earlier drawings made with Stangenberg at Bowman Hal gallery in Madrid. The interview reveals that McCarthy's home and studios in Los Angeles were destroyed by wildfires, resulting in the loss of art, drawings, notebooks, and books, and the cancellation of a planned London show.

Queer eyes in focus, sculpture hits pay dirt and Whistler’s world – the week in art

This week's art roundup from The Guardian highlights a major exhibition of James McNeill Whistler at Tate Britain, showcasing the American artist's impact on Victorian Britain with avant-garde influences from Paris and Japan. Other notable exhibitions include "Gender Stories" at the Walker Art Gallery in Liverpool, featuring works by David Hockney and Grayson Perry; Delcy Morelos's earthy sculptures at the Barbican Centre; and Henry Moore's sculptures at Kew Gardens. The article also covers news of a Nazi-looted portrait found in the home of a Dutch SS leader's family, protests at the Venice Biennale over Israel's inclusion, and the unveiling of Zineb Sedira's film installation at Tate Britain.

Hirshhorn Museum and Sculpture Garden Announces 314 New Acquisitions During 50th Anniversary Year

The Smithsonian's Hirshhorn Museum and Sculpture Garden announced 314 new acquisitions in 2025, its 50th anniversary year. The additions span photography, mixed-media works, and contemporary American artists, including pieces by Lorna Simpson, Sarah Sze, Mickalene Thomas, Danny Lyon, Graciela Iturbide, Adam Pendleton, and Mark Bradford. Major gifts include a multi-year donation from collectors Doug and Toni Gordon of 176 works forming an archive of Pendleton's works on paper, as well as 13 contemporary Chinese works tied to a 2022 exhibition. The museum also acquired nine architectural photographs by Ezra Stoller documenting its 1974 opening and 19 prints by Joel-Peter Witkin.

‘I paint the kind of people I’m attracted to’: Hernan Bas on hiding from the world in Venice

Cuban-American artist Hernan Bas has been living in Venice, painting tourists while reflecting on the ironies of mass tourism and his own status as a visitor. His new series, titled "The Visitors," comprises 30 paintings that will be exhibited at Ca' Pesaro, Venice's modern art museum, alongside the Venice Biennale. The works range from bleak to satirical, depicting young white men in tourist scenarios—such as a grinning youth at Holi in India or another cradling a koala—and explore themes of alienation, innocence, and the uncanny. Bas, who is gay, acknowledges that his subjects are often the kind of people he is attracted to, and he emphasizes narrative as central to his practice, aiming to be a conceptual artist who happens to paint.

15 Art Shows to See in NYC This May

Hyperallergic's May 2025 guide to New York City art shows highlights 15 exhibitions, including a survey of Hawaiian Japanese-American artists from the Metcalf Chateau group at Ryan Lee Gallery, a retrospective of Malian photographer Seydou Keïta at the Brooklyn Museum, and Renée Green's multimedia project 'Secret' at Bortolami Gallery. The article also features Lynette Yiadom-Boakye's quietude-focused works, a meditation on grief and death, and a document of a city devastated by the AIDS crisis through portraits of inanimate objects, among other shows.

Bruno Bischofberger, Art Dealer of Stars Like Andy Warhol and Jean-Michel Basquiat, Dies at 86

Bruno Bischofberger, the legendary Swiss art dealer who championed American artists like Andy Warhol and Jean-Michel Basquiat in Europe, has died at age 86. His Zurich-based gallery announced his death on Saturday. Bischofberger founded his eponymous gallery in 1963, which became one of Switzerland's most important blue-chip art spaces. He forged deep personal and professional relationships with artists, including acquiring a stake in Warhol's Interview magazine, producing Warhol's film L'amour, and famously proposing the collaborative paintings between Warhol and Basquiat in 1984. Bischofberger also maintained a decades-long tradition of placing advertisements on the back page of every Artforum issue.

Au musée Picasso, l’artiste africain-américain Henry Taylor dévoile sa peinture d’un quotidien troublé par la violence

The Musée Picasso in Paris is hosting a retrospective of African American artist Henry Taylor, running until September 6. The exhibition centers on Taylor's 2007 painting *From Congo to the Capital, and Black Again*, a bold reimagining of Picasso's *Les Demoiselles d'Avignon* that replaces the original figures with darker-skinned women and introduces Josephine Baker and a white man's arm. The show follows the museum's series on African American painting, after Faith Ringgold in 2023 and ahead of a Harlem Renaissance exhibition in 2027.

Nan Goldin will present major London exhibition at the Hayward in 2026.

American artist and activist Nan Goldin will present a major exhibition titled "You Never Did Anything Wrong" at London's Hayward Gallery from November 24, 2026, through March 7, 2027. This marks her first institutional presentation in the U.K. since 2002 and will conclude the Southbank Centre's 75th anniversary year.

Remembering Desmond Morris, James Hayward, and Flo Oy Wong

This week's obituaries mark the passing of several significant figures in the visual arts. They include British surrealist painter and zoologist Desmond Morris, known for his 'biomorph' paintings and experiments with chimpanzee art; West Coast monochrome abstractionist James Hayward, who developed a cult following for his thickly painted canvases; and Chinese American artist Flo Oy Wong, a foundational storyteller of Oakland's Chinatown and the Asian American experience. Also remembered are assemblage artist Aldwyth, Ethiopian painter and educator Behailu Bezabih, Anglo-Irish conservator and designer Alec Cobbe, Bangladeshi art director Tarun Ghosh, and New Mexico painter Michael Hurd.

Hayward Gallery announces major Nan Goldin exhibition.

The Hayward Gallery in London has announced a major solo exhibition of American artist and activist Nan Goldin, titled "You Never Did Anything Wrong." Running from 24 November 2026 to 7 March 2027, the show will mark Goldin's first institutional exhibition in the UK since 2002, featuring her intimate photographs and slideshows that document personal relationships, addiction, and queer communities over five decades. The exhibition rounds off the Southbank Centre's 75th anniversary year and includes works such as "Flowers with cup and Gaja" (2024) and "Diana in the bath" (2024).

Mary Lovelace O’Neal, Author of Uncategorizable Abstractions, Dies at 84

Mary Lovelace O’Neal, an activist, educator, and artist known for her monumental lampblack paintings that expanded the possibilities of abstraction, died on May 10 in Mérida, Mexico, at age 84. Despite a six-decade career, she was long considered an "artist's artist" before gaining international acclaim in recent years, with major exhibitions at Mnuchin Gallery, Marianne Boesky Gallery, the San Francisco Museum of Modern Art, and inclusion in the 2024 Whitney Biennial and the 2025 group show "Paris Noir" at the Centre Pompidou.

Look Inside the Art-Filled Home of New York City's Cultural Crusaders

This profile explores the Upper West Side residence of Crystal McCrary McGuire and Raymond J. McGuire, a power couple deeply embedded in New York City’s cultural and financial sectors. Their home serves as a private gallery for a significant collection of African American art, featuring masterworks by Norman Lewis, Henry Ossawa Tanner, Elizabeth Catlett, and Romare Bearden. The couple’s shared passion for collecting began independently, sparked by their formative years studying in France, and has since evolved into a joint mission to preserve and live alongside Black artistic heritage.

Derrick Adams Offers Monumental Tribute to Koyo Kouoh in Venice

American artist Derrick Adams has installed a monumental portrait of the late curator Koyo Kouoh on a building façade near the Arsenale in Venice, ahead of the 2026 Venice Biennale that Kouoh was to curate. The painting, titled "Heavy is the head that wears the crown (2026)," depicts Kouoh with a crown that transforms into the word "JOY" emitting golden light. The project was spearheaded by curator Francesco Bonami, who invited Kouoh to serve on the jury of the 50th Venice Biennale, and is intended as an accessible public homage rather than an exclusive art-world event.

How Latin American Artists Have Harnessed the Allure of Alchemy

A new exhibition titled “Constellations and Drifts: Art from Latin America in the FEMSA Collection” has opened at the Museum of Contemporary Art, Monterrey (Museo de Arte Contemporáneo de Monterrey) in Mexico, running through August 9, 2026. The show features 170 works by 115 Latin American artists from the FEMSA Collection, one of the most prestigious corporate collections of Latin American art, and is organized around five curatorial themes or “constellations,” including a section centered on alchemy. Highlights include works by Diego Rivera, José Clemente Orozco, Francis Alÿs, and a new commission by Argentine artist Ad Minoliti, alongside Surrealist pieces by Remedios Varo, Leonor Fini, Leonora Carrington, and Kati Horna.

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.

From monumental glass sculptures to a lagoon in the sky: what to see beyond the Venice Biennale pavilions

The article highlights several must-see exhibitions and installations beyond the main Venice Biennale pavilions. Patrizia Sandretto Re Rebaudengo's redevelopment of the island of San Giacomo opens on 7 May, transforming abandoned Napoleonic-era powder magazines into exhibition spaces with a solo show by British artist Matt Copson and a group show from her collection. American artist Melissa McGill presents 'Marea', a street-spanning installation of 100 paintings created with local residents and students, addressing climate change and rising sea levels. Dale Chihuly returns to Venice with 'Chihuly: Venice 2026', featuring monumental glass installations along the Grand Canal, including 'Gold Tower' (2025). Wallace Chan unveils titanium sculptures at the Chapel of Santa Maria della Pietà, with a parallel exhibition at the Long Museum in Shanghai.

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.

Getting Messy in the Archive at LA’s Art Book Fair

Printed Matter's Los Angeles Art Book Fair returned to the Art Center College of Design in Pasadena for its 13th edition, featuring over 250 exhibitors—slightly fewer than last year—with about a fifth participating for the first time. A common thread across the fair was the archive: publications that excavate, remix, and repurpose historical media, from a book chronicling a 1960s hoax about animal nudity to a compendium of vintage photographs that subvert male subjectivity, and a collection of found photos from abandoned houses in rural Maine. The fair also highlighted diasporic and personal archives, including a Palestinian-American artist's cassette mixtape tracing music from the Middle East and an artist-run press focusing on translation as cultural resistance.

Artist Mel Kendrick Is Mining New Possibilities From Wood and Color

American artist Mel Kendrick, who began his career in the early 1970s integrating Minimalism and architecture, presents his ninth solo exhibition at David Nolan Gallery in New York. Titled “Mel Kendrick: Tilt,” the show runs through June 6, 2026, and features new and recent wood sculptures alongside older works, including pieces like *Walnut Shelf* (2026), *Gemstone* (2026), and *Yellow Drum* (2025). Kendrick works without pre-planning, allowing the material to guide his process, and treats color as a material with its own weight, inspired by Gothic and medieval architecture.

Ed Ruscha | Angel (2014) | For Sale

Ed Ruscha's 2014 lithograph "Angel" is being offered for sale through Leslie Sacks Gallery in Santa Monica. The work is a unique color trial proof from an edition of 60, measuring 23 by 16 inches, hand-signed and numbered by the artist, and includes a certificate of authenticity. The listing appears on Artsy, where the price is available on request, and notes increased collector interest over the past 14 days.

Ed Ruscha | Clock (1994) | Art & Prints

This article presents Ed Ruscha's 1994 print "Clock," a Mixografia print on handmade paper measuring 40 1/2 × 34 inches, part of a limited edition of 75 plus 7 artist's proofs. The work is being offered by Upsilon Gallery, which has locations in New York, London, Miami, and Milan. The article includes a biography of Ruscha, noting his career since the 1960s, his use of unusual materials like gunpowder and Pepto Bismol, his representation of the United States at the 2005 Venice Biennale, and his auction record of $68.3 million at Christie's in 2024.

Ed Ruscha | Vintage Ed Ruscha exhibition poster - Mountain serie… (2010) | For Sale

This is a listing for a vintage Ed Ruscha exhibition poster from his "Mountain series" (2010), offered for sale by Baldwin Gallery (London/Dubai) on Artsy. The offset lithograph on paper measures 39.4 × 27.2 inches, is from an unknown edition, unsigned, and includes a certificate of authenticity. The price is £3,250, with shipping available from London.

Brazilian women bring Latin American art to the New York collector circuit.

Two Brazilian women, Fernanda Mazzuco and Luciana Solano, run Art in Brackets, a consultancy and art advisory firm based in New York. For the first time, they have opened a public exhibition space on Walker Street in Tribeca, featuring a collective show centered on the African diaspora and transatlantic connections. The exhibition includes works by artists such as Santídio Pereira and Madalena dos Santos Reinbolt, with prices ranging from $3,800 to $140,000. The company, founded in 2022, connects collectors with Brazilian and Latin American artists, operating as 'wall curators' in partnership with various galleries.

The Frist Art Museum opens new exhibitions this summer

The Frist Art Museum in Nashville is opening three new exhibitions this summer. 'International Surrealism from Tate: Fifty Years of Dreams' (May 22–Aug. 30) features surrealist works from the Tate collection, including pieces by Salvador Dalí, René Magritte, and Joan Miró, marking 100 years since the first surrealist exhibition in Paris. 'Anila Quayyum Agha: Interwoven' (May 22–Aug. 30) is a mid-career retrospective of the Pakistani American artist's immersive light installations and beaded drawings. 'An Indigenous Present' (June 26–Sept. 27) showcases works by fifteen Indigenous artists, curated by artist Jeffrey Gibson and curator Jenelle Porter.

Artist Henry Ossawa Tanner

This article profiles Henry Ossawa Tanner (1859–1937), the pioneering African American artist who achieved international fame in the 19th and early 20th centuries. Born in Pittsburgh to a bishop father and a mother who escaped slavery, Tanner studied under Thomas Eakins at the Pennsylvania Academy of Fine Arts before moving to Paris to escape racial discrimination. He studied at the Académie Julian, became a mentor to Black artists including Aaron Douglas and Hale Woodruff, and gained renown for his biblical paintings such as "Daniel in the Lions' Den" (1896). Tanner traveled widely—to Egypt, Morocco, and Palestine—and was named a chevalier of the French Legion of Honor in 1927. The article lists numerous works by Tanner held in major collections, including the first painting by an African American artist acquired for the White House Collection.

Is the US about to be humiliated on the world’s most prestigious cultural stage?

More than 70 prominent international artists have signed an open letter demanding the exclusion of the United States, Israel, and Russia from the 2026 Venice Biennale, accusing those governments of committing war crimes and atrocities. The controversy centers on the US pavilion, which will feature Mexico-based American artist Alma Allen, whose abstract, anodyne sculptures were chosen by a last-minute commissioner with no art-world experience—a luxury pet food store owner from Florida who reportedly gained the role through connections at Mar-a-Lago. The Biennale's five-person jury has already resigned amid the furor, and Russia is returning to the event for the first time since its 2022 invasion of Ukraine.

May Arts Calendar 2026

The May Arts Calendar 2026 highlights a wide range of visual art exhibitions and events in the Seattle area, including group and solo shows at galleries such as Gallery B612, Visual Arts Gallery No. 85, JG Art Gallery, Piano Nobile, ArtXContemporary Gallery, and Common Objects. Notable exhibitions include "Layered Being: A Celebration of AAPINH Heritage" at Gallery B612, "Moving As One" by Tetsuo Aoki, "Material Meditations" featuring woodworker Andy McConell, blacksmith Maria Cristalli, and mixed media artist Jill Kyong, and "TADAIMA: 'I'm Home'" at MOHAI, which explores Japanese American history through dolls. The calendar also features a solo show by Yaminee Patel and a group show titled "Moga" at Fresh Mochi, celebrating Japanese and Japanese American artists.

Pao Houa Her Captivates Midway Contemporary Art with New Exhibition Through May 2026

Hmong-American artist Pao Houa Her is currently presenting a solo exhibition at Midway Contemporary Art in Chicago, running through May 2, 2026. The show explores themes of displacement, identity, and cultural memory through Her's photographs and installations, which blend personal narrative with broader social commentary on the Hmong diaspora experience post-Vietnam War. Born in Laos and raised in Minnesota, Her's work challenges viewers to confront the complexities of migration and belonging, using staged portraits and intimate compositions to subvert expectations of representation.

Alex Katz | Porcelain Beauty 1 (2021) | For Sale

Alex Katz's 2021 porcelain enamel sculpture "Porcelain Beauty 1" (edition 18/25) is being offered for sale through Palm Beach Modern Auctions. The work, measuring 24 by 20.75 inches and mounted on aluminum, was printed and published by Lococo Fine Art Publishing in St. Louis, Missouri, and comes with its original crate and installation brochure. Its provenance includes Vertu Fine Art in Boca Raton, Florida, and a private collection in Florida.