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.

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Claudia Alarcón, a Wichí artist from Argentina, learned the traditional yica stitch from her mother and grandmother at age 12. Her weavings, created in collaboration with the all-female collective Silät, were a standout at the 2024 Venice Biennale, earning critical praise from Barry Schwabsky in The Nation. The works are now featured in a solo show at James Cohan Gallery in New York, as well as in Brazil’s Bienal do Mercosul, and will travel to the De La Warr Pavilion in England, the Museo de Arte de São Paulo, and the Guggenheim Bilbao.

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Machteld Rullens, a Dutch artist based in The Hague, is presenting her second solo exhibition with Page (NYC) titled “Beacon Road,” jointly staged at Andrew Kreps Gallery in New York. The show features works created during a residency at the Josef and Anni Albers Foundation in Connecticut, using discarded cardboard boxes that Rullens collects from recycling bins and other sources. Her sculptures, which initially appear ceramic or metallic, are actually intricate assemblages of cardboard, exploring form, commodity, and waste. The exhibition marks a departure from her earlier work, with crushed and folded forms and exposed bolts conveying a sense of restrained energy.

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The article profiles 20th-century textile artist Ethel Stein, who remained largely unrecognized during her lifetime despite creating technically rigorous weavings. A new exhibition titled "Master of the Loom" at New York's Sapar Contemporary (on view through November 17) showcases her geometric, rhythmic works. Stein, who studied under Josef Albers at the Bauhaus and designed a unique loom now held by the Art Institute of Chicago, also had a playful side: she began her career as a puppeteer and created the puppet that became Lamb Chop, the beloved character performed by Shari Lewis on PBS. The exhibition highlights works such as "Rust Abstract," "Indigo 25," and "Black and White," which demonstrate her mastery of complex weaving structures and geometric abstraction.

The Paradoxical Delights of South America’s Biggest Art Fair

The 22nd edition of SP-Arte has opened at the Oscar Niemeyer Pavilion in São Paulo, featuring 180 exhibitors. As Latin America’s largest art fair, the event continues to serve as a critical bridge for 'South-South' artistic relationships, drawing international curators like the Met’s Brinda Kumar. Despite a slightly smaller footprint than previous years, the fair showcases a robust selection of Brazilian talent alongside international galleries navigating the country's complex market.

At the Guggenheim Bilbao, the Infinite Poetry of Ruth Asawa’s Aerial Sculptures

Au Guggenheim Bilbao, l’infinie poésie des sculptures aériennes de Ruth Asawa

The Guggenheim Museum Bilbao is hosting the first major European retrospective of American artist Ruth Asawa, showcasing her signature hand-woven wire sculptures. These delicate, organic forms, which challenge gravity and play with transparency, are presented in dialogue with the museum's monumental architecture. The exhibition traces her journey from a childhood spent in Japanese-American internment camps during WWII to her formative years at the legendary Black Mountain College under the mentorship of Josef Albers.

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The Aldrich Contemporary Art Museum in Ridgefield, Connecticut, has announced a new recurring exhibition series called the Aldrich Decennial, which will take place every ten years. The inaugural edition, titled “I am what is around me,” runs from June 7, 2026, to January 10, 2027, and features 40 artists living and working in Connecticut who have not previously exhibited in the state. Organized by chief curator Amy Smith-Stewart and curatorial and publications manager Caitlin Monachino, the survey spans the museum’s entire campus and includes high-profile names such as Dominic Chambers, Tammy Nguyen, Em Rooney, Aki Sasamoto, and Julia Wachtel, with artists ranging in age from Lucy Sallick (born 1937) to Remy Sosa (born 1995).

The US Pavilion Wants Your Money

The American Arts Conservancy, a new nonprofit with MAGA-aligned leadership, is fundraising for Alma Allen's 2026 US Pavilion at the Venice Biennale through a "Donate" button on its website, having received no institutional financial support. Meanwhile, a sculpture by Pedro Reyes at the newly unveiled LACMA building has sparked controversy for recalling a 2021 commission rejected by Mexico City after Indigenous and feminist protests, and the experimental LA nonprofit The Box has closed after 19 years.

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.

Venice Biennale Strike Makes History

On May 8, thousands marched through Venice and more than two dozen national pavilions were partially or fully shuttered during a 24-hour strike organized by the Art Not Genocide Alliance and local activist groups. The strike, which included Palestinian flags draped over artworks, marks the first cultural strike in the Venice Biennale's 131-year history. Italian police beat back protesters as Editor-in-Chief Hakim Bishara reported from the scene. Separately, a nesting seagull near the Polish pavilion became an unexpected star, and the LA Art Book Fair opened with a focus on archival materials.

15 Artists Explore the Potentiality of Fabric and Fiber in ‘Textile Art Redefined’

The Saatchi Gallery in London is hosting 'Textile Art Redefined,' a group exhibition featuring 15 artists who push the boundaries of fiber and fabric. Curated by Helen Adams, the show includes diverse works ranging from Ian Berry’s immersive installations made of recycled denim to Kenny Nguyen’s undulating silk wall pieces and Anne von Freyburg’s textile reinterpretations of Rococo paintings. The exhibition coincides with the release of Adams' new book, 'Textile Fine Art,' which explores the medium's evolution from functional craft to a celebrated pillar of contemporary art.

7 Books We’re Looking Forward to in May

ARTnews has published a list of seven art books to look forward to in May 2026, covering a wide range of topics from contemporary theory and AI imagery to historical biographies and the Venice Biennale. Featured titles include Dena Yago's collected writings 'That Figures,' Victoria Johnson's biography of Frederic Church 'Glorious Country,' Trevor Paglen's 'How to See Like a Machine,' Nicholas Fox Weber's 'Anni Albers: A Life,' Massimiliano Gioni's 'High Waters: An Oral History of the Venice Biennale,' Rennie McDougall's 'Nonstop Bodies: How Dance Shaped New York City,' and Paul Elie's 'Last Supper: Art, Faith, Sex and Controversy in the 1980s.'

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Liz Collins created two monumental 16-foot-long tapestries for the 2024 Venice Biennale, titled *Rainbow Mountains: Moon* and *Rainbow Mountains: Weather* (both 2023). Initially conceived as a single 40-foot weaving, the project proved too ambitious and was split in two. Collins worked at the TextielLab in Tilburg, Netherlands, switching to a lighter yarn after a failed trial, and ultimately brought the finished works to New York in duffel bags before curator Adriano Pedrosa selected them for the Biennale. The textiles depict mountain ranges emitting rainbows through dark skies, exploring themes of duality—danger and joy, precarity and euphoria.

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MoMA has opened "Woven Histories: Textiles and Modern Abstraction," a touring survey that examines the role of textiles in modern and contemporary art. The exhibition features works by artists such as Sonia Delaunay, Paul Klee, Agnes Martin, Jeffrey Gibson, and Anni Albers, and incorporates other mediums like video and photography. Curator Lynne Cooke notes that the show has evolved at each venue, and at MoMA it holds special significance because the museum was foundational in writing the history of Modernism and collected textiles from its early days.

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Swiss-born textile artist Silvia Heyden (1927–2015) devoted over half a century to weaving nearly 800 innovative tapestries, despite early discouragement from pursuing violin-making due to her gender. A new exhibition, “Improvisational Nature: The Weavings and Drawings of Silvia Heyden,” at Charles Moffett gallery in New York (through June 7) marks her first solo show in the city and her first U.S. exhibition of tapestries and drawings since 1972. The show, organized with her family, highlights her improvisational, music-inspired approach to the loom, which she likened to playing a violin.

Folklore, mythology and tradition: five must-see shows at London Gallery Weekend

London Gallery Weekend features several exhibitions that draw on folklore, mythology, and traditional processes, offering a counterpoint to the AI-dominated art world. The article highlights five female artists whose shows span from Argentina to Australia to South Korea: Anna Perach at Richard Saltoun explores ancient folklore and identity through tufted sculptures; Francis Upritchard at Kate MacGarry presents uncanny sculptures inspired by mythology and science fiction; and Soyoung Hyun at IMT Gallery examines memory and ritual through clay vessels and shadow works. Other shows include indigenous Aboriginal artist Emily Kam Kngwarray and New Zealand-born Upritchard, who borrows from diverse cultural sources.

Alexander Morrison

Alexander Morrison, a prominent figure in the art world, has passed away. The article, published by The Art Newspaper, reports on his death and likely includes tributes to his contributions, though the provided text is limited to subscription prompts and footer information, lacking full details on his life and career.

Bauhaus thread weaves through expansive textile show at MoMA

The traveling exhibition "Woven Histories: Textiles and Modern Abstraction" has made its final stop at the Museum of Modern Art (MoMA) in New York. Organized by Lynne Cooke, senior curator at the National Gallery of Art in Washington, DC, in collaboration with MoMA, the Los Angeles County Museum of Art, and the National Gallery of Canada, the show features around 150 works that explore weaving through the lens of abstraction. At MoMA, the exhibition responds to the museum's historical ties to the Bauhaus, including works by Anni Albers and Gunta Stölzl, and highlights lesser-known figures like Ed Rossbach. The show also includes contemporary artists such as Jeffrey Gibson, with several having concurrent solo exhibitions in New York.

The Enigma of Alison Knowles

Lauren Moya Ford reviews the only book dedicated to Fluxus artist Alison Knowles, who died six months ago. The book, "Performing Chance: The Art of Alison Knowles In/Out of Fluxus" by Nicole L. Woods (2026), attempts to illuminate Knowles's life and work, but Ford notes that much of her personal life remains mysterious despite the author's efforts. The article is part of a broader books newsletter that also features new tomes on Hans Holbein’s portraits, Jan Staller’s photographs of Manhattan construction sites, and a discussion of a Black Panther family album at the Studio Museum in Harlem.

Early 2026 Art Books From Yale University Press

Yale University Press has announced its early 2026 art book lineup, featuring exhibition catalogues such as "Raphael: Sublime Poetry" from The Metropolitan Museum of Art, "Gwen John: Strange Beauties" from the Yale Center for British Art, "Edward Steichen and the Garden" from the George Eastman Museum, and "Frederic Church: Global Artist" from Olana NY State Historic Site. New releases also include a biography of Anni Albers by Nicholas Fox Weber, a catalogue titled "Anni Albers: Constructing Textiles" accompanying a European traveling exhibition, and Alyce Mahon's "Dorothea Tanning: A Surrealist Life," named a Best New Art Book of 2026 by Christie's. The press will hold a 50% off annual sale in May.

art cool summer activities new york museum guide

Cultured's guide to summer art activities in New York highlights five museum exhibitions, each paired with the gallery's air-conditioned temperature setting. Featured shows include Temitayo Ogunbiyi's first institutional solo at the Noguchi Museum, MoMA's "Woven Histories" exploring textile art, Saya Woolfalk's "Empathetic Universe" at the Museum of Arts and Design, Ben Shahn's "On Nonconformity" at the Jewish Museum, and "Vermeer's Love Letters" at the newly renovated Frick Collection.

María Jesús Valenzuela: Winter Flowers

MARÍA JESÚS VALENZUELA: FLORES DE INVIERNO

María Jesús Valenzuela presents her solo exhibition "Flores de Invierno" (Winter Flowers) at Galería NAC in Santiago, Chile. The exhibition showcases a multidisciplinary approach to the natural world, featuring hand-embroidered cotton paper, color pencil drawings, and fine art photography. Valenzuela’s work acts as a contemporary field notebook, documenting landscapes ranging from the mangroves of Caddo Lake to the forests of Curaumilla, utilizing both ancient techniques like embroidery and modern digital printing.

Berlin exhibition focuses in on women photographers of the Bauhaus

The Museum für Fotografie in Berlin is hosting a major exhibition titled "New Woman, New Vision," featuring approximately 300 photographs by 29 women associated with the Bauhaus. The show aims to dismantle the persistent myth that female students at the influential German school were restricted to the weaving workshop. By showcasing works from figures like Lucia Moholy, Ise Gropius, and Marianne Brandt, the exhibition highlights how women were integral to the school’s photographic documentation and its development as a standalone artistic medium.

Maine: A Force Within American Art (1890-2026) At Farnsworth Art Museum

The Farnsworth Art Museum in Rockland, Maine, has opened a year-long exhibition titled "Maine: A Force Within American Art (1890-2026)" in honor of America's 250th anniversary. The show presents 150 works across media, highlighting the state's artistic legacy from the late 19th century to the present. It features leading modernists such as Marsden Hartley, John Marin, Charles Demuth, and Georgia O'Keeffe, who found inspiration in Maine's landscapes, as well as contemporary artists like Theresa Secord. The exhibition is curated by Jaime DeSimone and Francesca Soriano, in collaboration with multiple institutions including the Ellis-Beauregard Foundation and Skowhegan School of Painting and Sculpture.

Untitled, 1982 by Anni Albers, Ink and gouache on paper, 15.9 x 22.9 cm (5)

Ocula, an online platform for contemporary art, has published a promotional piece highlighting its services: partnering with leading galleries to showcase artists and artworks, offering vetted gallery membership by application and invitation, and providing art advisory with access to influential galleries, collectors, and auction houses. The article also mentions Ocula's editorial content that celebrates people and ideas shaping contemporary art.

Bridgeport Gallery Hosts Emerging Artists, Brings in ‘Big Deal’ Curator for October Show

Artist Linda Colletta has transformed her studio practice within Bridgeport’s historic American Fabric Arts building, a former lace factory, by blending painting with labor-intensive weaving. Drawing inspiration from the site’s industrial history and the teachings of Bauhaus artist Anni Albers, Colletta repurposes drop cloths and tears apart her own canvases to weave them back together. Her recent work explores the materiality of paint and the concept of "Thought Forms," a visual language for emotions influenced by early 20th-century Theosophy.

Christie’s to Auction 3 of Agnes Gund’s Art Jewels

Christie's will auction three significant pieces of jewelry from the collection of philanthropist and art collector Agnes Gund. The sale includes a 1969 brooch by Alexander Calder, a 1973 necklace by Anni Albers, and a 1970s bracelet by Louise Nevelson, all artists whose primary work is in other mediums. Proceeds from the sale will benefit Gund's philanthropic organization, the Art for Justice Fund.

Quilts by local artist stitch together pieces of Miami

Miami International Airport has opened a new art exhibition titled "Curious Geometries" at the Gate D31 Gallery, featuring large-scale quilted artworks by local textile artist Regina Durante Jestrow. The exhibition, on view until March 9, 2026, showcases sewn compositions and free-form art quilts made from repurposed fabrics sourced from various Miami locations, including the airport itself. Jestrow employs improvisational dyeing and piecing techniques inspired by Gee's Bend quilters, Anni Albers, Rosie Lee Tompkins, and Gego, blending organic geometry with tropical color palettes to explore the relationship between craft and fine art.