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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.

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 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

Advocates Try to Save Brutalist Fountain in San Francisco, José Aparicio Painting Returns to Prado Museum: Morning Links for April 30, 2026

This ARTnews Morning Links roundup covers multiple art-world stories from April 30, 2026. A new Banksy sculpture appeared in London's Waterloo Place, depicting a suited man marching off a plinth with a flag covering his face, though Banksy had not confirmed the work. Italian Culture Minister Alessandro Giuli ordered inspectors to the Venice Biennale headquarters amid intensifying scrutiny over Russia's participation, following internal emails suggesting sanctions were circumvented. Obituaries note the deaths of German 'total artist' Timm Ulrichs at 86 and Japanese sculptor Shigeo Toya at 78. A José Aparicio painting, 'The Year of the Famine in Madrid' (1818), returned to the Prado Museum after 150 years. In San Francisco, a group called Friends of the Plaza filed an appeal to block dismantling of the Vaillancourt Fountain. A feature in Cultured Magazine explores Bucharest's ambitions as a global arts hub through the Romanian Art Dealers fair.

“Primary Structures,” Turns 60

On April 28, 1966, The New York Times published a review by conservative critic Hilton Kramer of the Jewish Museum's exhibition “Primary Structures,” organized by curator Kynaston McShine. Kramer, disdainful of contemporary art, described the 42 American and British artists as rejecting personal expression and subjective inflection, yet he acknowledged the show as the first comprehensive glimpse of a style that would define the 1960s. The exhibition featured then-little-known artists including Carl Andre, Dan Flavin, Donald Judd, Sol LeWitt, Walter De Maria, Robert Morris, Anne Truitt, John McCracken, Larry Bell, Robert Smithson, Judy Chicago, Philip King, Michael Bolus, and David Annesley, and is now recognized as the ur-survey of Minimalism—a term McShine deliberately avoided.

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.

East Africa meets Western Europe as Michael Armitage takes on Venice's Palazzo Grassi

The artist Michael Armitage opens a monographic exhibition titled 'The Promise of Change' at Venice's Palazzo Grassi, featuring 46 large paintings and nearly 100 sketches that survey his past decade of work. At 42, Armitage is the youngest artist to receive a solo show at the palazzo, which is owned by François Pinault and has previously hosted Albert Oehlen, Luc Tuymans, and Marlene Dumas. The exhibition highlights Armitage's fusion of East African and Western European artistic influences, drawing on his upbringing in Kenya and his training at London's Byam Shaw School of Art, the Slade, and the Royal Academy.

King Charles Visits Christie’s in New York, After White House Dinner

King Charles III and Queen Camilla made a surprise visit to Christie’s headquarters in New York on April 29, 2026, following a White House dinner and address to Congress. They attended a gala for the King’s Trust, a charity supporting young people from disadvantaged backgrounds, rather than bidding on auction lots like a $100 million Jackson Pollock or a $60 million Roy Lichtenstein. The event, co-chaired by Lionel Richie, drew guests including Martha Stewart and Anna Wintour, and featured a dinner in the James Christie Room. Christie’s CEO Bonnie Brennan curtsied to the king, and the royals viewed the new rostrum designed by Jony Ive, set to debut in New York during Christie’s May marquee week.

There will be mud! Could my child (and buggy) survive a day at a sculpture park?

A parent takes their toddler to Yorkshire Sculpture Park (YSP) in West Yorkshire, UK, during a rainy February day. Despite the mud and drizzle, the child engages with outdoor artworks by Barbara Hepworth, Henry Moore, Bharti Kher, Sol LeWitt, Vanessa da Silva, and Damien Hirst, treating the sculptures as playgrounds and objects of discovery. The park offers free activity packs, a Hidden Forest designed for under-fives, and a family-friendly environment that encourages children to explore art and nature without the constraints of indoor galleries.

Anna Zemánková Estate Joins Gladstone Gallery, Sándra Vasquez de la Horra Joins Tanya Bonakdar Gallery, and More: Industry Moves for April 29, 2026

The article reports a series of industry moves in the art world as of April 29, 2026. Key developments include Gladstone Gallery taking on the estate of Anna Zemánková, Sándra Vasquez de la Horra joining Tanya Bonakdar Gallery, Elijah Wheat Showroom opening a new location in Beacon, New York, and Mariane Ibrahim now representing Leasho Johnson. Additionally, Denniston Hill launches its 2026 residency season with 30 artists, the Minneapolis Institute of Art receives restoration funding from TEFAF, Charlie White is appointed dean of the Sam Fox School, and Jesús Hilario-Reyes and Tichacoco are named inaugural recipients of the Clemente Center’s Van Lier Fellowship. The article also notes a whistleblower claim of $3 million missing from the Palm Springs Art Museum’s investment account, and a New York Times essay by Robin Givhan on Derrick Adams.

The Defining Themes of Today’s Biennial Art

The article analyzes the defining themes and styles of the past four years in the international biennial circuit, based on a survey of 130 biennials. It identifies a core group of artists who appeared most frequently, including Ali Eyal, Apichatpong Weerasethakul, Carolina Caycedo, Kapwani Kiwanga, and Tuan Andrew Nguyen, among others. Many of these artists are also featured in the upcoming 61st Venice Biennale curated by the late Koyo Kouoh. The piece categorizes their work under two broad themes: "Post-Colonial Post-Conceptualism," which involves poetic engagement with colonial history and artifacts, and "Families and Networks," where artists explore personal and political family histories.

U.S. Crowdfunds Its Venice Biennale Pavilion

The United States is crowdfunding its pavilion at the 61st Venice Biennale, which opens in ten days, due to the absence of major sponsors like the Ford Foundation and the Mellon Foundation. The pavilion, featuring sculptures by Alma Allen, is being organized by the American Arts Conservancy (AAC), which is soliciting donations through a campaign that has been live since at least November. The U.S. government contributes $375,000, but the installation costs significantly exceed that amount. Donors include Nevada-based Republican donors Jim and Aimee Battista, talent manager Tom Ierna, and actor Alex Pita. The AAC has not disclosed the campaign's fundraising goal, amount raised, or end date.

Art Basel Curbs Pre-Fair Sales—and More Art Industry News

Art Basel has launched a "Basel Exclusive" initiative to curb pre-fair PDF sales, encouraging galleries to withhold works from previews to drive in-person discovery at its flagship Swiss event (June 16–21). Around 170 of 232 exhibitors have opted in. Meanwhile, Volta returns to Basel with a new "5,000 Edit" section for works under CHF 5,000 to attract younger collectors, and the alternative fair Esther will hold its third edition in New York during Frieze Week. In other news, Sotheby's set a U.S. record for design auctions with the Jean and Terry de Gunzburg collection totaling $96 million, and billionaire collector Mitchell P. Rales pledged $116 million to the National Gallery of Art to fund loans to smaller museums. The Smithsonian American Art Museum named Lynda Roscoe Hartigan as its new director, and Gladstone Gallery plans a new Seoul space for 2026.

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.

The 11 Exhibitions to See in May 2026

ArtReview's editors have curated a list of 11 must-see exhibitions worldwide for May 2026, excluding Venice. Highlights include Audie Murray's solo show at april april in Pittsburgh, featuring works made with her own hair and breast milk; Delcy Morelos's monumental earthwork 'origo' at the Barbican Sculpture Court in London; and Bold Tendencies' 20th anniversary season in Peckham, titled 'Euphoria', with new commissions across multiple disciplines.

2026 Venice Biennale pavilions: your go-to list [Updated]

ArtReview has compiled a running list of national pavilions for the 61st Venice Biennale, running from 9 May to 22 November 2026. The Biennale was set to be curated by Koyo Kouoh, who died on 10 May 2025. Recent announcements include Haitham Al Busafi representing Oman, Genti Korini representing Albania with a three-channel video installation titled 'A Place in The Sun (still)', and Matías Duville representing Argentina with an interactive salt-and-charcoal installation. The Australia Pavilion will feature artist Khaled Sabsabi and curator Michael Dagostino, who were initially dropped due to controversy over Sabsabi's 2007 film 'You' but later reinstated. Florentina Holzinger will represent Austria with a water-themed performance.

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.

The Box Shutters in Los Angeles After Nearly Two Decades

The Box, a pioneering Los Angeles gallery known for its nonprofit-style support of experimental and performance art, has announced its closure after nearly two decades. Founded in 2007 by Mara McCarthy, the gallery’s final exhibition featured late California painter Wally Hedrick, and a closing event will include a fashion show by Johanna Went. Mara McCarthy cited the shifting market for her father Paul McCarthy’s work and the loss of family homes in the Eaton Fire as factors behind the decision.

Art Publisher Owes $102.2 Million in Damages for Late Robert Indiana Works

A Manhattan jury has ordered art publisher Michael McKenzie to pay $102.2 million in damages for creating unauthorized or adulterated versions of works by the late Pop artist Robert Indiana. The lawsuit, brought by Indiana’s former business partner the Morgan Art Foundation, alleged that McKenzie produced Indiana-related junk products that infringed trademark and copyright, including reproductions of Indiana’s iconic “LOVE” design and the artworks *The Ninth American Dream* (2001) and *USA FUN* (1965). The jury found McKenzie liable for exploiting Indiana in the final years of his life, after the artist granted power of attorney to his caretaker, Jamie Thomas.

David Hockney décroche la lune dans une lumineuse exposition gratuite à Paris

David Hockney presents "The Moon Room," a series of fifteen iPad drawings of full moons created during the 2020 lockdown, at Galerie Lelong in Paris until May 7, 2026. The exhibition, free and open to the public, features nocturnal landscapes Hockney painted from his farm in Normandy, inspired by Maupassant's "Clair de lune" and his own nightly observations. The works were first shown at the Musée des Beaux-Arts de Rouen in 2024 and later at the Fondation Louis Vuitton.

Metropolitan Museum of Art Announces $23M. Gift from Top 200 Collectors Jennifer Rubio and Stewart Butterfield

Jennifer Rubio and Stewart Butterfield, both listed on ARTnews's Top 200 Collectors, have pledged $23 million to the Metropolitan Museum of Art. Rubio, founder of Away, and Butterfield, co-founder of Flickr and Slack, made the donation just two months after Rubio became a Met trustee. The gift will fund the museum's internship program, ensuring all undergraduate and graduate internships are fully paid positions, building on a previous $5 million gift from Adrienne Arsht.

Whistleblower Complaint Alleges Misconduct at Palm Springs Art Museum, Where an Ex-Trustee Describes a ‘Shattered Moral Compass’

An anonymous whistleblower has filed a complaint alleging misconduct by leadership at the Palm Springs Art Museum, including improper movement of funds between accounts to address cash shortages, the forced resignation of a former director based on fabricated staff complaints, and a failure to properly interview external candidates for the director position. The complaint, forwarded to ARTnews, also references a $3 million discrepancy in the reported endowment value and the departure of several trustees, leaving the board below its required size. The museum has formed a special committee to investigate the allegations, which were first reported by the Los Angeles Times in November 2025.

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.

Botticelli under UK export ban purchased by Klesch Collection

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), valued at £10.2 million, has been purchased by the Klesch Collection, a British private collection, after the UK government placed an export bar on the work in May 2025. The painting, which sold at Sotheby’s London in late 2024 for £9.7 million, will be loaned to the Ashmolean Museum in Oxford for three years, ensuring it remains in the UK.

The curator awakens: Lucas Museum of Narrative Art reveals inaugural exhibition lineup

The Lucas Museum of Narrative Art, founded by George Lucas and Mellody Hobson, will open in Los Angeles on 22 September with 18 inaugural exhibitions featuring over 1,200 objects. Curated by Lucas himself, the shows span media like photography, architecture, and cinema, as well as genres such as manga, anime, comics, and children's stories. Six solo exhibitions will highlight American artists including Thomas Hart Benton, Frank Frazetta, and Norman Rockwell. The museum's collection now exceeds 40,000 works, including the Separate Cinema Archive and Lucas Archives of film memorabilia.

Archibald prize 2026: Jacob Collins portrait wins the Packing Room prize as finalists revealed

The Packing Room prize for the 2026 Archibald Prize has been awarded to Sean Layh for his portrait of actor Jacob Collins, titled 'The tragicall historie of Hamlet, Prince of Denmarke'. The prize, worth $3,000, is chosen by Art Gallery of NSW staff who unpack and hang the exhibition. Layh, a self-taught Melbourne-based painter, drew inspiration from Collins' performance as Hamlet in a 2024 Melbourne Shakespeare Company production. The Archibald Prize main announcement, along with the Wynne and Sulman prizes, will take place on 8 May, with finalists including portraits of Bondi shooting hero Ahmed al-Ahmed, journalists Virginia Trioli and Jan Fran, surfer Layne Beachley, and artist Khaled Sabsabi.

Concrete sun tunnels and shimmering pools of water: the monumental land art of Nancy Holt

Nancy Holt (1938-2014), a pioneering land artist known for her monumental work *Sun Tunnels* (1976) in the Utah desert, is the subject of a new exhibition at the Goodwood Art Foundation in Sussex. Titled *MOONSUNSTAR EARTHSKYWATER*, the show is the first UK retrospective to bring together Holt's photographic works, films, poetry, indoor installations, and outdoor pieces, including *Hydra's Head*, a constellation-inspired installation of six circular pools in a chalk quarry. The exhibition highlights Holt's recurring motifs of circles and systems, tracing them from her early concrete poem to her large-scale cosmological works.

Art Fair Report: Stress Test

Art Basel Hong Kong 2026 drew 91,500 visitors and featured 240 galleries at the Convention and Exhibition Centre, alongside over 100 galleries at Art Central, three new boutique fairs, four new art spaces, multiple auction previews, and dozens of institutional shows and gallery openings. Despite a challenging 2025 that saw mega-galleries Pace and Perrotin close their Hong Kong spaces and auction results hit an eight-year low, blue-chip galleries reported strong sales, including David Zwirner’s USD 3.8 million sale of Liu Ye’s "Snow White" (2006) and Hauser & Wirth’s USD 2.95 million sale of a Louise Bourgeois work. The prevailing sentiment among collectors and gallerists was cautious optimism, with the phrase "Are you surviving?" overheard frequently.

What Does Damien Hirst Have to Do With This Giant McDonald’s Ball Pit in Milan?

An installation called "POOL. Ti sblocco un ricordo" was on view during Milan Design Week, organized by Nicolas Ballario and presented as part of the Tortona Rocks offsite exhibitions. The centerpiece is a giant swimming pool-shaped pit filled with hundreds of thousands of colorful balls, celebrating McDonald's 40th anniversary in Italy. The installation claims to be "informed by" Damien Hirst's "Spot Paintings" and also features a work from Vedovamazzei's "Early Works" series, which imagines how famous artists might have drawn as children. Other elements include vitrines of Happy Meal toys, a Ronald McDonald replica, and nostalgic McDonald's memorabilia.