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.

how darren bader makes show amy winehouse weight machine 1234764467

Darren Bader's first exhibition with Matthew Brown Gallery in New York, titled "Youth," features his signature conceptual works that blur the line between humor and philosophical inquiry. The show includes pieces like "jam on It," a mound of fruit spread placed on a Stephen King novel, and a bin soliciting sock donations, including a pair printed with Edgar Allan Poe's face and injected with Botox. Gallery director Jack Eisenberg describes the challenges of sourcing jam in New York, highlighting the absurd yet meticulous nature of Bader's practice.

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Yuko Mohri, a Japanese sculptor known for her assemblages of fruit and found objects, has won the Calder Prize, awarded by the Calder Foundation with a $50,000 prize. Mohri, who represented Japan at the 2024 Venice Biennale, has seen her career accelerate with international museum shows, including a recent exhibition at Pirelli HangarBicocca in Milan, which will travel to Centro Botín. She also has upcoming shows at the Bass museum in Miami, the Barbican Centre in London, and her first US gallery exhibition at Tanya Bonakdar Gallery in New York. The prize includes a residency at Atelier Calder in Saché, France.

An Alexander Calder Retrospective in Paris Underscores His Inventiveness

A major retrospective of Alexander Calder's work is currently on view at the Fondation Louis Vuitton in Paris, marking the 100th anniversary of the artist's arrival in the city. The exhibition, running through August 16, 2026, presents a comprehensive overview of his career, featuring sculptures, drawings, archival material, and jewelry that highlight his innovative fusion of engineering and abstraction.

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Calder Gardens, a new museum in Philadelphia dedicated to Alexander Calder, has announced it will open on September 21, 2025. The institution, located on Benjamin Franklin Parkway, features a building designed by Herzog & de Meuron and a sculpture garden by Piet Oudolf, with rotating works curated by the Calder Foundation. It will be administered in partnership with the Barnes Foundation, and memberships offering unlimited admission to both institutions start at $98 annually.

Everything You Need to Know About LACMA’s New David Geffen Galleries

LACMA has opened its new David Geffen Galleries, a single-story building spanning Wilshire Boulevard that houses the museum's permanent collection spanning 6,000 years of art. The galleries feature a revolutionary curatorial approach organized around bodies of water—Atlantic, Mediterranean, Indian, and Pacific—creating nonhierarchical displays that mix works across time and geography, such as 17th-century Dutch paintings alongside 20th-century photography. The building also includes 3.5 acres of shaded public space below, outdoor sculptures by artists like Alexander Calder and Jeff Koons, and a 220,000-square-foot pavement artwork by Mariana Castillo Deball.

Alexander Calder, Brilliant Sculptor of Air and Color Celebrated at the Fondation Vuitton

Alexander Calder, génial sculpteur de l’air et de la couleur célébré à la fondation Vuitton

The Fondation Louis Vuitton is hosting a major celebration of Alexander Calder, the American sculptor who revolutionized 20th-century art by introducing movement and play into the medium. The article traces Calder's formative years in Paris starting in 1926, where the young engineer-turned-artist gained avant-garde fame with his 'Cirque Calder'—a miniature circus of wire and fabric figurines. This period marked his transition from traditional painting to his signature 'drawings in space,' featuring wire sculptures of figures like Josephine Baker that projected dancing shadows and captured the kinetic energy of the era.

9 artists having major museum moments this year and next

Nine artists are featured in major museum exhibitions this year and next, including John Singer Sargent at the Musée d'Orsay, Alexander Calder at Calder Gardens and the Whitney Museum, Beauford Delaney at the Studio Museum in Harlem, Man Ray at the Metropolitan Museum of Art, and Cecily Brown at the Barnes Foundation. The article highlights key shows such as Sargent: Dazzling Paris, High Wire: Calder's Circus at 100, and When Objects Dream, each presenting significant works and historical context.

art culture philadelphia calder gardens

Calder Gardens, a new $90 million cultural institution in Philadelphia, will open on September 21. Designed by Herzog & de Meuron with gardens by Piet Oudolf, the 18,000-square-foot space will feature rotating displays of Alexander Calder's sculptures without wall labels, thematic exhibitions, or a permanent collection. Developed with philanthropist Joseph Neubauer and supported by the Barnes Foundation, the project is led by Alexander S.C. Rower, the artist's grandson and president of the Calder Foundation, and senior director of programs Juana Berrío. The institution aims to prioritize contemplation and personal experience over traditional museum education.

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Alexander Calder’s monumental sculpture "Mountains and Clouds," located in the Hart Senate Office Building in Washington, D.C., is finally undergoing a full restoration. The 75-foot-wide "clouds" component of the mobile was dismantled in 2016 due to structural safety concerns, leaving only the stationary "mountains" portion on display for nearly a decade. Supported by private funding secured by the Calder Foundation, the project will refabricate the suspended elements and reinstall the computer-controlled motor system that allows the sculpture to rotate.

Alexander Calder Thought 'It Would Be Fun' to Set Abstract Art in Motion. His Mesmerizing Mobiles Transformed the Definition of Sculpture

A major exhibition titled "Calder: Dreaming in Equilibrium" has opened at the Fondation Louis Vuitton in Paris, showcasing 300 works by Alexander Calder, including his pioneering mobiles, stabiles, paintings, drawings, and wire portraits. The show marks 100 years since the artist's arrival in France in 1926 and 50 years since his death in 1976. It features iconic pieces such as the 19-foot-long mobile *Triumphant Red* (1963) and his earliest known kinetic sculpture—a brass duck from 1909—alongside works by contemporaries like Barbara Hepworth, Pablo Picasso, and Paul Klee, as well as photographs by Man Ray, Agnès Varda, and Gordon Parks.

Louise Trotter Introduces ‘Bottega Veneta for the Arts’ With Peter Fraser

Bottega Veneta's creative director Louise Trotter has launched 'Bottega Veneta for the Arts,' a new collaborative series aimed at connecting the fashion house with the art world. The inaugural project features British photographer Peter Fraser, who documented Trotter's debut collection in Italy's Veneto region, the brand's birthplace. This follows previous art collaborations with photographer Duane Michals and painter Poppy Jones.

A Landmark Calder Exhibition with Over 300 of His Revolutionary Works Goes on View in Paris

The Fondation Louis Vuitton in Paris has launched "Calder: rêver en équilibre," a massive retrospective featuring over 300 works by the American modernist Alexander Calder. The exhibition spans the artist's entire career, from his early engineering-influenced "Circus" performances and hand-wrought jewelry to his iconic suspended mobiles and monumental outdoor sculptures. Notably, the show marks the first time the Frank Gehry-designed institution has installed artworks on its exterior lawns, creating a dialogue between Calder’s geometric forms and the building's avant-garde architecture.

High Wire: Calder’s Circus at 100

The Whitney Museum of American Art in New York is presenting "High Wire: Calder’s Circus at 100," a centennial exhibition celebrating Alexander Calder's iconic work "Calder’s Circus" (1926-31). The show brings together the miniature circus figures, wire sculptures, drawings, archival materials, and early abstract works, exploring how the circus inspired Calder's lifelong exploration of balance and movement, leading to his invention of the mobile. The exhibition runs from October 18, 2025, to March 9, 2026, and is co-curated by Jennie Goldstein and Roxanne Smith.

Calder Gardens opens this weekend in Philadelphia

Calder Gardens, a new art space dedicated to the work of Alexander Calder, opens this weekend in Philadelphia on Benjamin Franklin Parkway, across from the Rodin Museum. Designed by Herzog & de Meuron with gardens by Piet Oudolf, the building is mostly underground and emphasizes a multi-sensory experience, including curated scents, textured surfaces, and no wall labels. The space will display 50 years of Calder's mobiles, stabiles, paintings, and drawings, rotating works without a fixed schedule.

A secular church for the art of Alexander Calder opens in Philly on Sunday

A new $100 million art center dedicated to Alexander Calder, called Calder Gardens, opens on the Benjamin Franklin Parkway in Philadelphia on Sunday, September 21. Designed by architect Jacques Herzog of Herzog & de Meuron with landscape by Piet Oudolf, the building features underground galleries, sunken gardens, and no wall text, encouraging visitors to have a personal, sacred experience with Calder's sculptures, paintings, and works on paper. The Calder Foundation built the space, and the Barnes Foundation administers it in partnership.

Alexander Calder finally gets hometown space in Philadelphia

Calder Gardens, a $70 million space dedicated to Alexander Calder, will open on September 21 in Philadelphia, the artist's hometown. Designed by Herzog & de Meuron, the complex features subterranean galleries and open-air pavilions surrounded by gardens, with no wall labels and rotating works from the Calder Foundation, MoMA, and the Whitney Museum. The project, led by Calder's grandson Alexander S. C. Rower and philanthropist Joseph Neubauer, revives a plan that stalled in the mid-2000s.

One of LACMA's first commissions finds new life at David Geffen Galleries

Alexander Calder's monumental fountain sculpture "Three Quintains (Hello Girls)" has been reinstalled at the Los Angeles County Museum of Art's new David Geffen Galleries, more than 60 years after it was first commissioned for the museum's original 1965 campus. The colorful, whimsical piece features four water jets that propel mobile-like paddles, and its water jets were turned back on in March 2025. The sculpture now anchors the northeast corner of the new building, placed alongside the main cafe and near the W.M. Keck Education Center, with a technically advanced filtration system to address previous environmental challenges.

Glimpsing the future: William Kentridge opera has its New York premiere in Brooklyn

William Kentridge's award-winning chamber opera *Waiting for the Sibyl* (2019) makes its New York premiere this week at Powerhouse Arts in Brooklyn, as part of the inaugural Powerhouse: International arts festival. The opera, which won an Olivier Award in 2023, features an original score by Nhlanhla Mahlangu and Kyle Shepherd, and incorporates Kentridge's animated ink drawings, collages, text projections, and sculptures. Inspired by the Cumaean Sibyl of ancient legend, the work explores themes of fate and uncertainty, with paper leaves from texts like Dante's *Divine Comedy* symbolically blowing through the action. The production was originally commissioned by the Rome Opera as a companion piece to Alexander Calder's 1968 *Work in Progress*.