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.

art artist couples eric firestone gallery

A new exhibition titled “Couples” at Eric Firestone Gallery in New York features the work of 26 artist-partners, exploring how they navigate material, color, and form in complementary ways. The show runs through May 2. CULTURED magazine brought together five duos from the exhibition to answer questions about mixing professional and personal lives, with each artist responding without seeing their partner’s answers. Featured couples include Caitlin Lonegan and Spencer Lewis, who discuss topics such as sharing studios, jealousy, and role models like Charline von Heyl and Christopher Wool.

The Can’t-Miss Moments at TEFAF New York 2026

TEFAF New York 2026 opened to packed crowds at the Park Avenue Armory, showcasing a mix of historic and contemporary works. Highlights include Gagosian’s solo booth of Kathleen Ryan’s bejeweled “Bad Fruit” sculptures, Thaddaeus Ropac’s presentation of monumental canvases by Danish painter Eva Helene Pade, and Axel Vervoordt Gallery’s spotlight on overlooked Italian painter Ida Barbarigo. The fair also features collectible design and perennial favorites like Alexander Calder mobiles and Alighiero Boetti tapestries.

Artists Sell More Than $1 M. in Art at Sotheby’s in Support of a Debt-Free Yale MFA Program

A group of artists including Mickalene Thomas, Tammy Nguyen, and Richard Prince are donating works to a Sotheby’s contemporary art day sale next month, with proceeds expected to exceed $1 million. All funds will go toward making Yale University’s MFA art program tuition-free. The sale features works by Yale alumni both historical—Walker Evans, Josef Albers—and contemporary, such as Dominic Chambers and Do Ho Suh, whose $200,000–$300,000 piece is among the lots. The highest-estimated work is a Richard Prince photograph from his “Spiritual America” series, valued at $500,000–$700,000.

José Dávila Makes Space the Subject in His New York Show

José Dávila's solo exhibition "The Simple Act of Positioning" opens at Sean Kelly gallery in New York, featuring sculptures that explore the relational placement of objects in space. The show includes totemic pillars of steel, concrete, volcanic rock, and automotive paint, framed by large black structures, inviting viewers to move through the gallery to fully experience the visual conversations between works. Dávila, originally from Guadalajara and trained in architecture, draws on Modernist precedents from artists like Marcel Duchamp and architects like Luis Barragán.

Sheila Hicks en 2 minutes

Sheila Hicks, the American textile artist born in 1934, is profiled in a concise overview of her career. The article traces her journey from studying under Josef Albers at Yale and learning weaving from Andean artisans in Chile, to establishing her studio in Mexico and later Paris. It highlights her monumental commissions for hotels, embassies, and public spaces, as well as her intimate "Minimes" works. Key milestones include her 2014 piece "Pillar of Inquiry/Supple Column" at the Whitney Biennial, her 2017 installation at the Venice Biennale, and a major retrospective at the Centre Pompidou in 2018.

Here is the first and for now only interview with the curators of the 2026 Venice Art Biennale

Ecco la prima e per ora unica intervista ai curatori della Biennale d’Arte di Venezia 2026

The team of the late curator Koyo Kouoh has completed the 61st International Art Exhibition of the Venice Biennale, titled "In Minor Keys," which opens to the public on May 9, 2026. In an exclusive interview, curators Gabe Beckhurst Feijoo, Marie Helene Pereira, Rasha Salti, Siddhartha Mitter, and Rory Tsapayia discuss the challenges of realizing Kouoh's vision after her death, including fundraising, installation design by Wolff Architects of Cape Town, and the use of cardboard as a non-invasive material to create thresholds between spaces.

Exhibition | RonNAGLE, 'Phantom Banter' at Gio Marconi, Milan, Italy

Gió Marconi Gallery in Milan, Italy, is presenting 'Ron Nagle. Phantom Banter,' the first solo exhibition in Italy dedicated to West Coast sculptor Ron Nagle. The show features eleven ceramic sculptures produced between 2024 and 2026, along with recent drawings, highlighting Nagle's refined small-scale works and his process of translating drawings into three-dimensional objects. Nagle, born in 1939 in San Francisco, apprenticed with Peter Voulkos in the 1960s and became a key figure in the California Clay Movement, influenced by artists like Ken Price.

architecture tadao ando naoshima new museum of art

The article profiles the renowned Japanese architect Tadao Ando, now 84, who has built 10 museums on the island of Naoshima over 33 years. It features an interview where Ando discusses his upbringing in a traditional wooden row house in Osaka, his early training as a boxer, and how these experiences shaped his architectural philosophy of "light within darkness." The piece includes personal reflections from the author on encountering Ando's work and highlights key projects such as the Pulitzer Arts Foundation in St. Louis and the Church of Light in Osaka.

After His Untimely Death, Rutherford Chang’s Survey Rewrites What a Square Can Do

Rutherford Chang, who died last year at age 45, is the subject of a posthumous survey at UCCA Center for Contemporary Art Beijing titled "Hundreds and Thousands." The exhibition centers on Chang's socially engaged works that explore value, circulation, and systems through the deceptively simple form of the square. His best-known piece, "We Buy White Albums" (2013–25), involved amassing roughly one percent of the first pressing of the Beatles' "White Album," highlighting how objects accrue personal and economic worth through use and history. Other works include melting 10,000 copper pennies into a cube and assembling Wall Street Journal portraits from 2008 into a grid that captures a year of crisis and change.

Victor Vasarely | Pink Composition (1980) | For Sale

Victor Vasarely's 1980 serigraph "Pink Composition" is being offered for sale through Palm Beach Modern Auctions. The limited-edition print, signed and numbered 183/300, is executed on Arches paper and measures approximately 70 × 51 cm. The listing provides detailed condition notes, bidding terms, and a 28% buyer's premium, with the auction house encouraging in-person inspection and advance shipping quotes.

Sotheby’s Auction Raises Funds for Yale MFA Scholarships

The Yale School of Art is partnering with Sotheby’s to host an auction benefiting scholarships for its Master of Fine Arts program. The 13 lots, including works by Howardena Pindell, Josef Albers, Richard Prince, Mickalene Thomas, Do Ho Suh, and Barkley L. Hendricks, will be sold as part of Sotheby’s Contemporary Day Auction in New York on May 15. Estimates range from $5,000 to $700,000. Dean Kymberly Pinder, who has raised $13 million toward debt-free graduation since 2021, stated the auction supports a larger initiative to ensure MFA students graduate without debt.

The Mysterious Life of Fluxus Dame Alison Knowles

A new book, "Performing Chance: The Art of Alison Knowles In/Out of Fluxus" by art historian Nicole L. Woods, is the first major study of the late Fluxus artist Alison Knowles, who died last fall at age 92. The book focuses on the first two decades of her career (1958–1975), analyzing key works such as her 1962 performance "Proposition #2: Make a Salad" at London's Institute of Contemporary Arts, and her shift from painting to experimental, ephemeral art after being exiled to a basement by Josef Albers at Syracuse University.

Da Medardo Rosso a Josef Albers: il Novecento va in asta da Il Ponte a Milano

Il Ponte auction house in Milan will hold sales of Modern and Contemporary Art on May 26-27, 2026, followed by Prints and Multiples, with previews from May 22-24 at Palazzo Crivelli. Highlights include Josef Albers' *Study for Homage to the Square: Full Tenor* (1959, estimate €200,000-300,000), Medardo Rosso's wax sculpture *Enfant juif* (€70,000-80,000), and works by Giorgio Morandi, Bruno Munari, Felice Casorati, Giorgio de Chirico, and others spanning the 20th and 21st centuries.

In her Venice exhibition, Hanna Rochereau wants to archive the archive

Nella sua mostra a Venezia, Hanna Rochereau vuole archiviare l’archivio

Hanna Rochereau (Paris, 1995) presents her first solo exhibition in Italy, titled "Data Divas," at Mare Karina gallery in Venice. The show explores archival systems through a dialogue between painting and sculpture: canvases depict orderly shelves and filing cabinets filled with impenetrable boxes, while sculptural elements—tailor's mannequins, scattered papers, open drawers—introduce disorder. Rochereau uses a restrained palette of white and wood tones, referencing early 20th-century cubist and metaphysical art, particularly Morandi. The exhibition runs until July 18, 2026.

Are the Visitors' Lions at the Venice Biennale an Opportunity for Art Criticism? Let's Seize It?

I Leoni dei Visitatori alla Biennale di Venezia sono un’opportunità per la critica d’arte. Cerchiamo di coglierla?

The article discusses the newly instituted "Leoni dei Visitatori" (Visitors' Lions) at the Venice Biennale, established after the resignation of the International Jury. The author, Alberto Villa, argues that this change shifts significant influence to art media and critics, as visitors will rely on reviews and recommendations from specialized magazines, websites, and social media to decide which pavilions to prioritize. Villa calls on critics to embrace this responsibility with heightened critical rigor, seeing it as an opportunity to revive the mediating role of art criticism.

Ron Nagle in Milan: at Gió Marconi the first Italian solo exhibition 'Phantom Banter'

Gió Marconi Gallery in Milan will host 'Phantom Banter', the first Italian solo exhibition of American sculptor Ron Nagle, from May 29 to July 24, 2026. The show features eleven ceramic sculptures created between 2024 and 2026, along with a selection of recent drawings, highlighting Nagle's process-oriented practice focused on material, surface, and language. Nagle, born in San Francisco in 1939, is a key figure in the California Clay Movement, having apprenticed with Peter Voulkos in the 1960s and influenced by Ken Price. His small-scale works, rarely exceeding 15 centimeters, explore reduction of scale and surface construction through cast and fired ceramics combined with resins and synthetic materials.