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 Marcel Duchamps That Got Away: On Collecting His Work and the Sprawling MoMA Show

The article recounts the author's personal experience as a collector who passed up the opportunity to buy a complete set of Marcel Duchamp's readymades at a 2002 Phillips de Pury and Luxembourg auction. The set, editioned by dealer Arturo Schwartz in 1964, included iconic works like *Fountain* and *Bicycle Wheel*, but the sale was a financial failure, with many pieces bought-in or selling for far below expectations. The author later acquired some of the unsold works privately. The piece is framed around the concurrent Duchamp exhibitions at the Museum of Modern Art and Gagosian.

5 Under-Recognized Artists Getting Their Due in New York This Season

The article highlights five under-recognized artists whose exhibitions are on view in New York this season, focusing on Domenico Gnoli at Lévy Gorvy Dayan and Raquel Rabinovich at Hutchinson Modern and Contemporary. Gnoli, an Italian painter who died in 1970, is known for his pallid, claustrophobic depictions of everyday subjects, while Rabinovich, who died at 102 in January 2026, created somber minimalist paintings exploring silence and withholding. The piece notes that New York galleries often use the pre-fair period to showcase less prominent artists of great promise.

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.

‘Of course I accepted!’ Angel Otero on Bad Bunny – and bringing some Puerto Rican flair to Somerset

Angel Otero, a Puerto Rican artist based in Somerset, discusses his emotional collaboration with musician Bad Bunny on the stage set "La Casita" for his 31-show residency in Puerto Rico. Otero's new solo exhibition at Hauser & Wirth Somerset features large-scale, semi-abstract paintings that draw from his childhood memories in Santurce, San Juan, including motifs like a pink vanity cabinet, birdcages, and a turbulent sea. His signature technique involves applying paint skins—dried sheets of oil paint on Perspex—to canvas, creating layered, sculptural surfaces. The show includes a diptych based on a photograph of Otero and his grandmother, marking his most figurative work to date.

Georg Baselitz, artist who turned painting upside down, 1938–2026

Georg Baselitz, the German painter, sculptor, and printmaker known for turning his canvases upside down, has died at age 88. Born Hans-Georg Kern in Saxony in 1938, he witnessed the bombing of Dresden as a child, an experience that shaped his artistic vision. Expelled from art school in East Berlin, he moved to West Berlin and adopted the name Baselitz. His first solo exhibition in 1963 was deemed obscene and confiscated. In 1969, he created his first upside-down painting, which became his signature. He rose to international prominence as a neo-expressionist in the late 1970s and 80s, represented Germany at the Venice Biennale in 1980, and continued working until his death. A recent series of his paintings will be shown at the Fondazione Giorgio Cini in Venice from May to September 2026.

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.

Biennale di Venezia 2026. Le grandi mostre da non perdere in città

The article previews major exhibitions in Venice during the 2026 Biennale, highlighting a rich lineup of shows across the city's museums and foundations. Key highlights include a retrospective for Marina Abramović at the Gallerie dell'Accademia, a Peggy Guggenheim exhibition at her former home, and dual shows at Palazzo Grassi and Punta della Dogana featuring artists like Michael Armitage, Amar Kanwar, Lorna Simpson, and Paulo Nazareth. Other notable venues include Fondazione Prada, Ca' Pesaro, and the Museo Correr, with artists ranging from Joseph Kosuth to Jenny Saville.

10 Art Shows to See in Los Angeles This May

Hyperallergic's May guide for Los Angeles highlights ten art shows, including a posthumous exhibition of Celeste Dupuy-Spencer's paintings at Jeffrey Deitch, Yoko Ono's first solo museum show in Southern California at The Broad, and a survey of Richard Mayhew's abstract landscapes at Karma. Other notable shows include Joe Brainard's matchbook miniatures at Chris Sharp Gallery, Gordon Parks's musical output at the California African American Museum, and a two-venue presentation of Magdalena Suarez Frimkess's ceramics and drawings.

25th Biennale of Sydney Review: From the Margins

The 25th Biennale of Sydney, titled "Rememory" and curated by Hoor Al Qasimi, features 143 works by 83 artists and collectives from 37 countries across five venues. The exhibition explores marginalized, fragmented, and repressed histories, drawing on Toni Morrison's concept of 'rememory' as a space between remembering and forgetting. Key works include Tuan Andrew Nguyen's film on Vietnam War trauma, Basel Abbas and Ruanne Abou-Rahme's immersive installation on Palestinian displacement, Khalid Albaih's photographs of Sudan, and Massinissa Selmani's drawings on Algerian socialist building projects.

The Best and Worst of the Stars at the 2026 Met Gala Inspired by Art History

Le meilleur et le pire des stars au Met Gala 2026 inspiré par l’histoire de l’art

On May 4, 2026, the Met Gala brought together 450 guests at the Metropolitan Museum of Art in New York under the theme "Fashion is Art," tied to the exhibition "Costume Art." Attendees were asked to draw inspiration from specific artworks, resulting in standout looks: Madonna channeled Leonora Carrington's "The Temptation of Saint Anthony" (1945) in a Saint Laurent gown, Kim Kardashian wore a custom piece by Allen Jones extending his "Cover Story 4/4" (2021), Hunter Schafer embodied Gustav Klimt's portrait "Mäda Primavesi" (1912-1913) in Prada, and Tessa Thompson referenced Yves Klein's "Anthropométries" in Valentino. Gracie Abrams also paid homage to Klimt's "The Kiss."

Niklaus Stoecklin at Hauser & Wirth, Basel

Hauser & Wirth Basel is presenting a focused exhibition of works by Swiss artist Niklaus Stoecklin (1896–1982), featuring paintings and drawings spanning from the 1920s to the 1970s. The show includes several rarely seen pieces, highlighting Stoecklin's distinctive approach to depicting life—people, animals, trees, stones, and space—as he described it.

Kiss and Tell! In Venice, Nude Tino Sehgal Work Is Talk of the Town

Laurent Asscher's AMA Venezia foundation in Venice is showcasing Tino Sehgal's live performance piece "Kiss (Clean Version)" during the 61st Venice Biennale. The work features a nude couple reenacting famous kisses from art history, performed by rotating dancers over hours. Asscher acquired the piece after meeting Sehgal, having previously bought a different Sehgal work at a charity auction. The performance has become a standout attraction amid the Biennale's crowded opening week.

10 exhibitions you can still see after Berlin's Gallery Weekend

10 Ausstellungen, die Sie auch nach dem Gallery Weekend in Berlin sehen können

The Monopol editorial team highlights ten standout exhibitions from Berlin's Gallery Weekend, including Jiyoon Chung's installation "Dead End" at Anton Janizewski, which uses subtle triggers to explore perception and anxiety; Giorgio Griffa's retrospective at Walter Storms Galerie, featuring his poetic abstract paintings on raw linen; Walid Raad's narrative-driven show at Galerie Thomas Schulte, referencing the Lebanese civil war with a crashed VW Beetle and bomb graffiti; and Thomas Demand's new works at Sprüth Magers, printed on copper plates to create a shimmering aura. The article provides a curated tour of these shows, many of which remain open after the weekend.

10 Ausstellungen, die Sie zum Gallery Weekend nicht verpassen sollten

The article highlights ten must-see exhibitions during Berlin's Gallery Weekend, curated by the editorial team of Monopol magazine. Featured shows include Jiyoon Chung's installation "Dead End" at Anton Janizewski, which explores perception and anxiety through subtle triggers; Giorgio Griffa's retrospective at Walter Storms Galerie, showcasing his poetic abstract paintings on un-stretched linen; Walid Raad's "Like a Rubber Rung on a Ladder" at Galerie Thomas Schulte, referencing the Lebanese Civil War with a crashed VW Beetle and graffiti; and Thomas Demand's exhibition at Sprüth Magers, where his photographs printed on copper plates reflect on current events like the Gaza war and climate change.

Our pick of the best pavilions at the 61st Venice Biennale

The article highlights standout national pavilions at the 61st Venice Biennale. The Belarus Pavilion features a powerful installation by the Belarus Free Theatre, including a wheat field built by former political prisoners, straw spiders made from prison bars, and a confession booth that runs facial recognition. The Brazil Pavilion presents a joint exhibition by Rosana Paulino and Adriana Varejão, focusing on colonial wounds and trauma through works like Paulino's 'Aracnes' and Varejão's 'Still Life amid Ruin'. The Bosnian Pavilion by Mladen Bundalo invites tactile engagement with themes of diaspora and migration, while the Austrian Pavilion by Florentina Holzinger draws attention with nude performers in water-filled pools.

Jarvis Cocker Is Bringing His Eclectic Eye to the Hepworth Wakefield

Musician Jarvis Cocker and his wife, creative consultant Kim Sion, will curate an exhibition titled “The Hodge Podge” at the Hepworth Wakefield in the U.K., opening in May 2027. The show will feature artworks selected by the couple that challenge conventional definitions of art, spanning diverse media and time periods, with artists including Peter Doig, Barbara Hepworth, Jeremy Deller, and Emma Kunz. The exhibition will be bookended by an immersive Dreamachine, a 1959 light-art device by Brion Gysin and Ian Sommerville. Cocker and Sion have outlined their curatorial philosophy in a Hodge Podge Manifesto, celebrating beauty in chaos and disorder.

Meet the Woman Who Curated the Art on Miranda Priestly’s Walls

Fanny Pereire, an art advisor specializing in film and television, curates the art seen on the walls of fictional characters like Miranda Priestly in *The Devil Wears Prada 2*, Logan Roy in *Succession*, and Bobby Axelrod in *Billions*. She works as a fine art coordinator, sourcing reproductions and original works to match character personalities and socioeconomic status, often overseeing the destruction of replicas after filming. Her role, created by producer Scott Rudin in 1999, involves clearing copyrights for every artwork shown on screen, from children's drawings to high-end pieces by artists like Wayne Thiebaud and Alex Katz.

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 Great Lone Wolf of Art

Der große Einzelgänger der Kunst

Georg Baselitz, the German painter known for his radical, figurative works and iconic upside-down motifs, has died at age 88. Born Hans-Georg Kern in 1938 in Deutschbaselitz, Saxony, he fled East Germany for West Berlin in 1957 after being expelled from art school for "socio-political immaturity." Baselitz rose to international fame with his expressive, fractured depictions of the human figure, famously inverting his compositions starting with "Der Wald auf dem Kopf" (1969). He also worked as a stage and costume designer for operas by Harrison Birtwistle, György Ligeti, and Richard Wagner.

The invisible worlds of Hilma af Klint, pioneer of abstraction, finally revealed at the Grand Palais

Les mondes invisibles d’Hilma af Klint, pionnière de l’abstraction, enfin révélés au Grand Palais

The article reveals the long-overlooked story of Hilma af Klint (1862–1944), the Swedish artist who created abstract paintings years before Kandinsky, Mondrian, and Malevich, yet kept her work secret until 20 years after her death. Her monumental output—1,600 abstract paintings and 124 notebooks—was first publicly shown in 1986 at the Los Angeles exhibition 'The Spiritual in Art, Abstract Painting, 1890–1985'. A 2019 retrospective at the Guggenheim Museum in New York drew 600,000 visitors, a museum record. Now, the Grand Palais in Paris presents the first-ever French exhibition of her work, focusing on her 'Paintings for the Temple' cycle (1906–1915), a series of 193 works that synthesize her spiritual quest.

Chanel and Guggenheim Launch Transatlantic Curatorial Fellowship

Chanel and the Solomon R. Guggenheim Foundation have announced a new transatlantic curatorial fellowship, set to launch in 2027. The Chanel Culture Fund Fellowship is a one-year program for MA- and PhD-level scholars, who will begin at the Guggenheim Museum in New York before moving to the Peggy Guggenheim Collection in Venice. The announcement coincides with the start of the Venice Biennale, and the open call for fellows will begin this fall. The fellowship includes a stipend and travel support, and is designed to complement the Peggy Guggenheim Collection's existing International Fellowship.

Auctioneer Kimberly Pirtle Leaves Sotheby’s to Launch Hybrid Art-Philanthropy Advisory

Kimberly Pirtle, a fast-rising auctioneer at Sotheby’s, has left the company to launch Gabriel Advisory Group, a hybrid art advisory and cultural philanthropy firm. The new practice works across primary and secondary markets, advising collectors on acquisitions while also guiding philanthropic strategy and institutional engagement, drawing on Pirtle’s experience in Sotheby’s collectors group and her work with benefit auctions for organizations including the Pratt Institute, the Bronx Museum of the Arts, the Queens Museum, and the Gordon Parks Foundation. Pirtle is also maintaining a role as a VIP consultant with Frieze.

The Bahamas returns to the Venice Biennale with a joy-filled posthumous collaboration

The Bahamas will return to the Venice Biennale in 2026 after a 13-year absence with a posthumous exhibition for artist John Beadle, who died in 2024 at age 60. Beadle was originally selected to represent the country in 2015 but the government withdrew funding. The exhibition, titled "In Another Man’s Yard," will feature Beadle’s work alongside that of his mentee, Lavar Munroe, using materials from Beadle’s studio including sails from Haitian migrant sloops. The pavilion is organized by commissioner Amanda Coulson and curator Krista Thompson, who raised private funds after the government declined to support the project.

A.I. Identifies Holbein Drawing as Possible Portrait of Anne Boleyn

Researchers at the University of Bradford have used artificial intelligence to analyze preparatory drawings by Hans Holbein the Younger in the Royal Collection at Windsor Castle. The AI model, which previously identified a forgotten Raphael painting, suggests that a drawing long believed to depict Anne Boleyn actually shows her mother, Elizabeth Howard, while another drawing labeled "Unidentified Woman" likely portrays Anne Boleyn herself. The findings, published in Heritage Science, are based on biometric analysis of facial features, bone architecture, and proportional relationships, offering quantifiable evidence to resolve long-standing scholarly uncertainty about the sitters' identities.

The Met’s Costume Institute Needs an Art History Lesson

The Metropolitan Museum of Art's Costume Institute spring exhibition, "Costume Art," pairs fashion with artworks from the Met's collection, including ancient Greek statues and Andy Warhol screenprints, alongside garments by designers from Charles James to CFGNY. Curator Andrew Bolton aims to suggest that fashion can expand understanding of art, but the show's juxtapositions often feel vague and sloppy, with only occasional resonant pairings like a Jean Paul Gaultier shirt and Joe Brainard drawing linked by queer artist lineage.

Lucas Museum Reveals First Set of Exhibitions Curated by Founder George Lucas

The Lucas Museum of Narrative Art in Los Angeles has announced its inaugural exhibitions, curated by founder George Lucas, ahead of its September opening. The initial hang will feature around 12,000 objects from the museum's collection of over 40,000, displayed across 30 galleries in the 300,000-square-foot building. Thematic galleries will highlight specific artists such as Thomas Hart Benton, Norman Rockwell, and N.C. Wyeth, as well as mediums like cinema, photography, muralism, and comics. Broader themes include "Everyday Life," "Narrative Forms," and "Western Stories."

Cosmic, concrete, earthy: Nancy Holt’s Land Art on show in UK

Nancy Holt (1938-2014), a pioneering land artist who studied biology at Tufts University, is the subject of her first major UK exhibition at the Goodwood Art Foundation in West Sussex. The show includes the first posthumous installation of *Hydra's Head*, an earthwork of six pools aligned with the Hydra constellation, originally sited on the Niagara River in 1974, and *Ventilation System* (1985-92), which extends from the gallery into the landscape. Curated by Ann Gallagher, the exhibition draws on Holt's archives and the Holt/Smithson Foundation, which preserves her legacy and that of her husband Robert Smithson.

Diedrick Brackens’s Tapestries Beckon the Light of Freedom

Diedrick Brackens presents his first solo exhibition in the Bay Area, "gather tender night," at Yerba Buena Center for the Arts in San Francisco. Guest-curated by Eungie Joo, the show features 15 tapestries from 2020 onward and three new works from 2026, including the immersive installation "clearing (2026)." Brackens, a Black queer artist and CCA professor, uses hand-dyed cotton and acrylic yarn to weave narratives of personal memory, myth, and the natural world, drawing from West African weaving, California fiber art, European tapestry, and Gee's Bend quilting. His approach, influenced by the "sloppy craft" ethos of his mentor Josh Faught, embraces unfinished edges and visible process as acts of refusal against polished traditions.

5 Standout Shows to See at Small Galleries in May 2026

Artsy Editorial highlights five standout exhibitions at small and rising galleries for May 2026. Among them is British-born, Amsterdam-based painter K. T. Kobel's first major Swiss show, "Hand, Body, Object, Sin," at Kutlesa in Goldau, Switzerland, running through May 29. Kobel, who has exhibited from Los Angeles to Milan since 2022, presents cinematic, storyboard-like paintings that embrace fragmentation and loose ends.