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.

The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.

Georg Baselitz, Lion of German Neo-Expressionism, Dead at 88

Georg Baselitz, the influential German Neo-Expressionist painter, printmaker, and sculptor, died on April 30 at age 88. His death was announced by Thaddaeus Ropac gallery, his longtime representative. Born Hans-Georg Kern in 1938 in Saxony, Baselitz was profoundly shaped by his childhood experience of war and the destruction of Nazi Germany. He was expelled from art school in East Berlin for "socio-political immaturity," moved to West Berlin, and adopted his pseudonym from his hometown. His first solo exhibition in 1963 was raided by police for obscenity, cementing his reputation as a provocateur. Known for his upside-down figures and fierce brushwork, he created series such as "Heroes" and "Fracture" that addressed trauma, violence, and the psychic toll of postwar life.

May You Live in Less Interesting Times

The international jury for the Venice Biennale has collectively resigned just before the press preview, following their announcement that countries accused of crimes against humanity—specifically Israel and Russia—would be excluded from award consideration. The jurors did not provide an explicit reason for their resignation. Meanwhile, Russia's return to the 61st Venice Biennale will involve workarounds to comply with international sanctions, including restricted pavilion access. The article also highlights a widely-read essay by Hakan Topal on the financialization and 'administrification' of American art schools and academia.

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.

Which exhibitions and museums to visit in the evening this May in Paris?

Quels expos et musées voir en nocturne en ce mois de mai à Paris ?

Paris museums and galleries are extending their hours for evening visits in May, with many offering late-night openings on specific weekdays. The Palais de Tokyo is open until 10pm daily except Tuesday, the Musée du Luxembourg stays open until 10pm on Mondays, and the BnF Richelieu site is open until 8pm on Tuesdays. The Fondation Cartier pour l'art contemporain, newly relocated near the Louvre, welcomes visitors until 10pm on Tuesdays, while the Jeu de Paume stays open until 9pm on Tuesdays. On Wednesdays, the Musée du Louvre extends its hours until 9pm, alongside other museums. Current exhibitions include shows dedicated to Leonora Carrington, Martin Parr, and Nan Goldin, among others.

London Dealer Stephen Friedman Owes $10.6 M. to Dozens of Creditors, Including Artists Deborah Roberts and Kehinde Wiley

London-based gallery Stephen Friedman has accumulated debts of approximately $10.6 million, according to official documents filed with Companies House. Creditors include Coutts & Co. bank (£3.2 million), Pentland Group Ltd. (£1.4 million), the UK tax authority, the Pollen Estate, art logistics company Crozier, and several prominent artists—Alexander Diop (£341,905), Deborah Roberts (£289,232), and Kehinde Wiley (£163,849). The gallery closed its New York space in November 2024 after just two years, then abruptly shut its London location and entered insolvency proceedings in February 2025, shortly after pulling out of Art Basel Qatar. A restructuring proposal by FRP Advisory was approved on 22 April.

Isabel Nolan’s Work Challenges Everything We Think We Know About Creativity

Artist Isabel Nolan recently discovered she has aphantasia, a rare neurological condition that prevents her from visualizing mental images. Despite this, Nolan has built a successful career creating abstract sculptures, drawings, and tapestries, and her work is featured in the Irish Pavilion at the Venice Biennale. Her exhibition, "Dreamshook," explores themes of imagination versus reality and draws inspiration from late medieval history and the printer Aldo Manuzio.

3 Matisse Exhibitions at the Baltimore Museum of Art Highlight Different Sides of the Artist

The Baltimore Museum of Art (BMA) is presenting three simultaneous exhibitions focused on Henri Matisse, drawing from its world-leading collection of the artist's works. The shows include "Fratino and Matisse: To See This Light Again," pairing Matisse with contemporary artist Louis Fratino; "Matisse and Martinique: Portraits and Poetry," exploring a little-known book illustration series inspired by the artist's 1930 visit to Martinique; and "Matisse in Vence: The Stations of the Cross," featuring 85 rarely or never-before-seen works on paper from Matisse's only architectural project—a chapel in Vence, France. The exhibitions run through 2026, with the Vence show curated by scholar Yve-Alain Bois.

‘It has become a symbol of hope’: the epic journey of Ukraine’s origami deer to the Venice biennale

Ukrainian artist Zhanna Kadyrova's concrete origami deer sculpture, originally installed in Pokrovsk in 2018, has been evacuated from the war-torn Donetsk region and transported across Europe to become the centerpiece of Ukraine's national pavilion at the 2026 Venice Biennale. The sculpture, which replaced a Soviet fighter-bomber monument in a local park, was rescued in August 2024 by co-curator Leonid Marushchak amid intensifying Russian attacks, with the help of city authorities and museum staff.

In Venice to Install Work for the Biennale, Artist Guadalupe Maravilla Alleges Racial Profiling by Police

New York–based artist Guadalupe Maravilla, in Venice to install his work for the 2026 Venice Biennale, alleges he was racially profiled by police after leaving the Arsenale venue. Two officers demanded his documents, called backup, and attempted to handcuff him before he de-escalated the situation and left. Maravilla, known for his 'Disease Thrower' sculptures that address migration and healing, shared the incident on Instagram and provided a statement to ARTnews.

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.

Museum Night, Photomobiles… 10 outing ideas for the month of May

Nuit des musées, Photomobiles… 10 idées de sorties à faire au mois de mai

Beaux Arts Magazine presents a curated list of ten cultural outings across France for May 2026, highlighting events such as the Nouveau Printemps festival in Toulouse directed by Rossy de Palma, the Interstice festival in Caen focusing on emerging art and technology, the L'art est dans le pré festival in Troyes featuring contemporary art in rural villages, an immersive installation at the Musée d'Orsay tied to the Renoir exhibition, and the Cœurs-Volants kite festival in Essonne where architecture students create flying artworks. Other suggestions include outdoor art trails, heritage site sports programs, and literary festivals in Épinal and Seine-Maritime.

Nick Goss: Interview of the Month, March 2026 – Paul Carey-Kent

Anglo-Dutch painter Nick Goss has opened a new exhibition at Josh Lilley Gallery, featuring eleven paintings inspired by Eel Pie Island, a private marshy area on the Thames in Twickenham with a bohemian past—including 1960s rock concerts by The Rolling Stones, The Who, and Pink Floyd, a hippie commune, and a 1972 fire. In an interview with Paul Carey-Kent, Goss discusses how he blends fact and fiction, combining sources from hotel corridors, Pompeii, and the Sergeant Pepper album cover to create ambiguous, layered works that evoke half-remembered histories.

Jean-Michel Basquiat | FAE Musée d'Art Contemporain (Sans titre) (Untitled) (1993) | For Sale

An extremely rare original 1993 exhibition poster for a posthumous Jean-Michel Basquiat solo show at FAE Musée d'Art Contemporain in Pully-Lausanne, Switzerland is being offered for sale by Graves International Art. The offset-lithograph poster, featuring Basquiat's untitled 1982 painting, was designed by Pierre Neumann and comes from a private collection in Hamburg, Germany. The listing notes that no other example of this poster has appeared on the secondary market or at auction before, and it is issued unsigned and posthumous.

Lebanon’s Art Scene Is Living in ‘War Mode’

On April 8, 2025, a wave of Israeli airstrikes across Lebanon killed 357 people and injured over 1,200, a day now known as 'Black Wednesday.' Amid the violence, Lebanese artist Abed Al Kadiri, who grew up during Lebanon's civil war and Israeli occupation, has been working with displaced children in shelters, using art to help them process trauma. He collects their drawings and plans to combine them with sketches by other artists reflecting their own war experiences, creating concertina-style books to be exhibited and sold to raise funds for over 1.1 million displaced people.

Lee Miller: Fearless

The Art Institute of Chicago announces 'Lee Miller: Fearless,' the first comprehensive survey of photographer Lee Miller's work in over 25 years, running from August 29 to December 7, 2026. The exhibition spans Miller's multifaceted career as a fashion model, Surrealist innovator, portraitist, and World War II battlefield correspondent for Vogue, featuring iconic images such as 'Self-Portrait with Headband' (about 1932) and 'Dressed for War' (1942). It is organized in collaboration with Tate Britain and Musée d’Art Moderne de Paris, curated by Matthew S. Witkovsky, Hilary Floe, Saskia Flower, and Michal Goldschmidt.

Conductor Launches in Brooklyn With Venice Biennale-Bound Artists and Immersive Projects

Conductor, a new art fair hosted by Powerhouse Arts, opened in Brooklyn on Wednesday night, drawing over 800 visitors within hours. The fair features 28 galleries and 20 special projects, with installations spilling out of traditional booths into shared spaces. Highlights include House of Silence, a tent-like structure by Turkish artist Vuslat and architect Sana Frini; Retorno (2022) by Juan José Barboza-Gubo, presented by Praise Shadows Gallery; and works by Beya Gille Gacha, who is set to appear in the Cameroon Pavilion at the Venice Biennale. Fair director Adrianna Farietta noted that some galleries had to withdraw due to the war in Iran, but the result remains an inclusive and immersive event.

Kim Dacres Revitalizes Sleek Tires, Chains, and Gears in Defiant Sculptures

Kim Dacres transforms discarded auto and bicycle rubber into sculptural portraits that celebrate Black hairstyles and community. Her new exhibition "Lost on a Two Way Street" at Charles Moffett in New York features busts with braided buns and gear-like crowns, alongside flat wall works evoking Victorian cameos. The show also includes reimagined U.S. flags with Black and brown figures, addressing the current political climate and the gap between national symbols and lived reality.

New Jersey Museum makes TIME's World’s Greatest Places of 2026 list

TIME magazine has named the Princeton University Art Museum to its 2026 list of World's Greatest Places, specifically in the 'Places to Visit' category. The museum, which opened in October 2025 on the Princeton University campus, features a new 146,000-square-foot building with 32 galleries designed by Adjaye Associates. Its collection spans over 5,000 years of global art, including works by Rodin, Manet, Monet, Degas, Kandinsky, and Andy Warhol, alongside contemporary commissions by artists such as Diana Al-Hadid and a monumental Nick Cave mosaic at the entrance.

World’s first AI art museum opens in LA

Dataland, the world's first museum dedicated to generative AI art, will open in Los Angeles on June 20. Founded by media artist Refik Anadol and his wife Efsun Erkılıç, the museum is located in the Grand LA cultural complex alongside The Broad, MOCA, and Walt Disney Concert Hall. Spanning 3,250 square meters, it debuts with the exhibition "Machine Dreams: Rainforest," featuring a machine-generated rainforest created by Anadol's proprietary Large Nature Model, trained on data from the Smithsonian Institution, Cornell Lab of Ornithology, and the Natural History Museum in London.

The Top 10 Exhibitions to See Around the World This May

Ocula's global team of editors has curated a list of the top 10 exhibitions to see worldwide in May, highlighting diverse shows from Rio de Janeiro to New York. Featured exhibitions include Jungjin Lee's photographic works blending Icelandic landscapes and intimate objects on traditional Korean paper, a millennial-themed group show titled "Genuine Premium Fake Economy" examining precarity through artists like Jasmine Gregory and Buck Ellis, Joan Semmel's solo exhibition "Continuities" at Xavier Hufkens and Alexander Gray Associates showcasing her erotic self-portraiture at age 93, and Wynnie Mynerva's Berlin Gallery Weekend show addressing colonial violence and Andean mythology.

Exhibition | Daniel Crews-Chubb, 'The Belt of Venus' at Patricia Low Contemporary, Venezia, Venice, Italy

Daniel Crews-Chubb presents 'The Belt of Venus,' an exhibition of six new monumental paintings at Patricia Low Contemporary in Venice. The works draw inspiration from the atmospheric phenomenon of the same name, using its ethereal pinkish glow as a color palette. Crews-Chubb explores pareidolia—the brain's tendency to see faces in abstract forms—pushing his long-standing interrogation of the human figure into increasingly abstract territory. The paintings reference classical mythology, including the Roman goddess Venus, and incorporate fragmented forms reminiscent of ancient statuary, serving as memento mori.

Shokkan at the ROM considers the sense of touch in Japanese art

The Royal Ontario Museum (ROM) in Toronto presents "Shokkan," an exhibition curated by Akiko Takesue that explores the Japanese concept of touch in art. Despite the challenge of displaying tactile experiences behind glass, the show succeeds by featuring historic Japanese works—such as kimonos, tea bowls, ukiyo-e prints, and netsuke—alongside contemporary pieces by artists like Issey Miyake, Tabaimo, Makiko Hattori, and Emma Nishimura. Interactive stations allow visitors to handle replicas and less valuable objects, including samurai swords, scrolls, and netsuke, to physically engage with the theme.

New exhibition at Yorkville’s top gallery celebrates the 100th birthday of this famous artist

Mira Godard Gallery in Yorkville is hosting the Takao Tanabe 100th Birthday Exhibition this May, celebrating the centenary of the renowned Canadian landscape artist. Tanabe, born in 1926 in Seal Cove, B.C., studied at the Winnipeg School of Art and the Brooklyn Museum of Art School under Hans Hoffmann, later working in New York, London, and Japan before teaching at Emily Carr University of Art and Design. The gallery has represented Tanabe for nearly 55 years, and the exhibition features paintings and prints directly from his studio, focusing on British Columbian and Prairie landscapes.

Exhibition | Tommaso Spazzini Villa, 'The Time That’s Left' at TOTAH, New York, United States

TOTAH gallery in New York presents 'The Time That’s Left', a solo exhibition of works by Italian artist Tommaso Spazzini Villa, opening May 14, 2026. The show expands on his recent large-scale mural on West 45th Street in Hell’s Kitchen, moving from public space to an intimate gallery setting. It features graphite drawings traced across antique book pages—sacred texts, epic poetry, theatre scores—depicting root-like forms that challenge linear language, alongside metal box sculptures with wire, light, and dried leaves that create fleeting shadow dioramas.

Charlottesville's Confederate statues are centerstage in West Coast art exhibition rooted in tragedy and trauma

The remains of Charlottesville's melted Confederate statue of General Robert E. Lee are now on display at the Museum of Contemporary Art (MOCA) in Los Angeles as part of the 'Monuments' exhibition. The statue, originally standing in Market Street Park, was acquired by the Jefferson School African American Heritage Center (JSAAHC) in 2021, melted down at a secret location, and shipped to Los Angeles. The exhibition, presented in partnership with The Brick, also features artist Kara Walker's reconstruction of the Thomas Jackson statue. The bronze ingots and slag from the melting process are displayed alongside other works that reimagine Confederate monuments.

Met Gala 2026: Everything to Know About the Theme, Co-Chairs, Dress Code and More

The 2026 Met Gala will take place on May 4 at the Metropolitan Museum of Art in New York City, with the theme "Costume Art" and a dress code of "Fashion Is Art." The event honors the spring 2026 exhibition of the same name, which inaugurates the Costume Institute's first permanent galleries, the nearly 12,000-square-foot Condé M. Nast Galleries. Co-chairs include Beyoncé, Nicole Kidman, Venus Williams, and Anna Wintour. The red carpet livestream will be hosted by Ashley Graham, La La Anthony, Cara Delevingne, and Emma Chamberlain on Vogue's digital platforms.

Gallery hopping: A new way to experience & engage with art

The article reports on the rise of gallery hopping in Delhi, particularly in neighborhoods like Lado Sarai, Defence Colony, and Okhla, where galleries cluster together. The Defence Colony Galleries Association, founded by Pristine Contemporary owners Arjun Butani and Arjun Sawhney, launched the monthly Def Col Art Night, keeping 10 galleries open until 9pm on the third Thursday with openings, music, and performances. Gallery directors and owners note that these events attract a broader audience beyond traditional collectors, making art more accessible and fostering community.

Stuart Robertson’s latest works derive from the art of ophthalmology

British artist Stuart Robertson's solo exhibition 'Through The Artist’s Eye' at Bikaner House in Delhi showcases works created during an 18-month residency at Dr Shroff’s Charity Eye Hospital in Daryaganj. The show features photography, drawings, bronze sculptures, and cyanotype prints capturing the daily life of the hospital, its patients, staff, and the surrounding Chandni Chowk neighborhood. Robertson initially sold two watercolor works to a Delhi-based eye surgeon, donated the earnings to the hospital, and was subsequently invited to become an artist-in-residence.