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.

Titian's ‘Bacchus and Ariadne’ to get a refresh with bank conservation grant

Bank of America’s annual art conservation program has awarded grants to 18 projects this year, including the restoration of Titian’s *Bacchus and Ariadne* (1520-23) at the National Gallery in London. The painting will be removed from display next month for conservation work that involves placing it on a new fabric support and repairing paint loss. Other funded projects include Rembrandt’s *The Night Watch* at the Rijksmuseum, bronze palms at the Arc de Triomphe in Paris, *Gaki Zōshi* at the Tokyo National Museum, Matisse’s *La Négresse* at the National Gallery of Art in Washington, DC, and works at the Museo de Arte de Lima and the Montreal Museum of Fine Arts.

DACA Artist Uses Thread to Weave Immigration Stories

Arleene Correa Valencia, a DACA recipient and Bay Area artist, presents her debut solo exhibition "CÓDICE •• SOBREVIVIENDO A LA PERSECUCIÓN" at Fridman Gallery in Manhattan, on view through May 2. The show features large-scale acrylic and textile works on amate bark paper, including a 16-foot-long piece depicting border-crossing narratives. Valencia collaborates with her father, mother-in-law, and papermaker Jose Daniel Santos de la Puerta, and incorporates childhood letters that poignantly reflect family separation and undocumented life.

Art Movements: Meet The Met's New Photography Curator

The Metropolitan Museum of Art has appointed Oluremi C. Onabanjo as its new curator of photographs, bringing her expertise in African and Black diasporic histories from MoMA. This announcement leads a series of industry shifts, including Melissa Chiu’s move from the Hirshhorn to direct the Guggenheim, and the relocation of the influential gallery 47 Canal to Chelsea. Additionally, the New York Foundation for the Arts distributed nearly $500,000 in grants to 129 artists and organizations in Queens.

Opportunities in April 2026

Hyperallergic has published its monthly list of opportunities for artists, writers, and art workers, featuring a curated selection of upcoming deadlines for residencies, fellowships, grants, and open calls. The list includes programs from institutions like the Banff Centre for Arts and Creativity, the Center for Craft, the Tulsa Artist Fellowship, and Light Work, offering financial support, studio space, and community.

2026 Guggenheim Fellowships Go to Sonya Clark, John Miller, and American Artist

The John Simon Guggenheim Memorial Foundation has announced its 101st class of fellows, awarding 223 scholars and artists across 55 disciplines for 2026. Selected from a pool of nearly 5,000 applicants, the new cohort includes prominent visual artists such as Sonya Clark, John Miller, American Artist, and Kota Ezawa. The fellowships provide significant financial grants to individuals who have demonstrated exceptional capacity for productive scholarship or exceptional creative ability in the arts.

trump executive orders arts 2605142

President Donald Trump’s return to office has triggered a sweeping overhaul of the American cultural landscape through executive orders and the newly formed Department of Government Efficiency (DOGE). Key actions include the dissolution of diversity, equity, and inclusion (DEI) offices at the Smithsonian, the cancellation of thousands of National Endowment for the Humanities (NEH) grants, and the removal of high-profile Biden appointees from the U.S. Holocaust Memorial Museum board. These measures are accompanied by new tariffs and immigration policies that threaten the international art trade and cross-border collaborations.

American Artist, Penny Arcade Among 2026 Guggenheim Fellowship Cohort

The John Simon Guggenheim Memorial Foundation has announced its 101st class of fellows for 2026, awarding 223 individuals across 55 disciplines. This year’s cohort includes a significant number of visual artists and art professionals, such as American Artist, John Ahearn, Sonya Clark, and Fia Backström, alongside scientists, writers, and scholars. The fellowships provide varying monetary awards, typically ranging from $30,000 to $45,000, to support the recipients' ongoing creative and intellectual projects.

Arthur Jafa and Julie Mehretu Among Art Basel Awards 2026 Medalists

Art Basel has announced the thirty-three winners of its 2026 Art Basel Awards, recognizing individuals and institutions across nine categories. The winners include prominent artists like Arthur Jafa, Julie Mehretu, and Barbara Kruger, as well as institutions such as The Brick in Los Angeles and the Diriyah Biennale Foundation. A new jury member, Prof. Dr. Bonaventure Soh Bejeng Ndikung, was also added for this edition.

Expo 2026 Recap | Silver Room Block Party Returns | Pita Inn Opening in the City

Expo Chicago 2026 concluded with a strategic downsizing of its floor plan at Navy Pier, a move that drew praise from dealers for increasing the quality and manageability of the fair. Significant market activity was reported, including six-figure sales of works by Robert Nava and Luftwerk, alongside the distribution of the Northern Trust Purchase Prize which gifted several artworks to institutions like the Denver Art Museum and The Phillips Collection. Beyond the fair, the Illinois Arts Council announced over $325,000 in grants for public art projects commemorating the U.S. semiquincentennial.

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The U.S. Latinx Art Forum (USLAF) has appointed artist, archivist, and curator Josh T. Franco as its new executive director, succeeding founding director Adriana Zavala. Under Franco’s leadership and alongside newly promoted deputy director Mary Thomas, the organization is shifting its mission toward fostering "convivial spaces" and organic networking. This new phase includes hosting intimate dinners across major cities to connect artists with supporters and planning a major touring exhibition featuring the 75 recipients of the Latinx Artist Fellowship.

Why London’s Whitechapel Gallery Hired an Economist

London's Whitechapel Gallery has appointed economist Mariana Mazzucato as its first economist-in-residence, a three-year role aimed at rethinking how museums generate revenue and demonstrate social value. The gallery faces a £880,458 deficit, a 325% increase from the previous year, due to declining exhibition income, reduced trust and foundation funding, and cuts in Arts Council England grants. Mazzucato, a professor at University College London and director of the Institute for Innovation & Public Purpose, will advocate for treating culture as a strategic public investment.

Opportunities in May 2026

Hyperallergic's May 2026 Opportunities Listings compile residencies, fellowships, grants, and open calls for artists, writers, and art workers. Featured opportunities include the Center for Craft's Craft Archive Fellowship, the Oak Spring Garden Foundation's Fellowship for Distinction in Fine Crafts and Design, the Provincetown Art Association and Museum's Robert Motherwell & Renate Ponsold Fellowship, the Bennett Prize for women figurative realist painters, the Pine Meadow Ranch Center for Arts & Agriculture residency, the Wassaic Project's Haunted Barn Open Call, the Jonathan and Barbara Silver Foundation's Grant for Writing on Sculpture, the Academy of American Poets' James Laughlin Award, and VIA Art Fund's Artistic Production Grants.

American Artist and Sonya Clark among Guggenheim Fellows 2026.

The John Simon Guggenheim Memorial Foundation has announced its 101st class of Guggenheim Fellows, awarding grants to 223 individuals across 55 disciplines. Among the 30 fine artists selected for the 2026 cohort are Brooklyn-based conceptual artist American Artist, textile artist and educator Sonya Clark, and interdisciplinary artist Allison Janae Hamilton. Each fellow receives a financial stipend designed to provide the creative and intellectual freedom necessary to pursue their work without restrictive conditions.

A Think Tank and a Foundation Team Up On $1 M. in Accelerator Grants for Museum and Performing Arts Leaders—Timothée Chalamet Be Damned

A think tank and a philanthropic foundation have launched a $1 million accelerator grant program for museum and performing arts leaders. The initiative, a partnership between Remuseum (an initiative of Crystal Bridges Museum) and the Doris Duke Foundation, will award up to ten $100,000 grants and provide a year-long residency program to help leaders develop innovative strategies to boost relevance and financial stability.

IMLS Spared in Legal Battle—But Threat of Budget Cuts Looms

The U.S. Department of Justice has reached a settlement with the American Library Association and the AFSCME union, effectively halting President Donald Trump’s executive attempt to dismantle the Institute of Museum and Library Services (IMLS). Following a series of legal defeats where courts ruled that only Congress has the authority to eliminate federal agencies, the administration withdrew its appeal and reinstated previously terminated grants. However, the threat remains as the proposed 2027 federal budget once again seeks to zero out funding for the IMLS, the NEA, and the NEH.

These Are the Winners of the 2026 Guggenheim Fellowship

The John Simon Guggenheim Memorial Foundation has announced its 2026 fellowship recipients, naming 223 individuals across 55 disciplines. The cohort includes 76 professionals from the visual arts, photography, and fine arts research sectors, featuring notable figures such as Sheida Soleimani, American Artist, Kenneth Tam, and Sonya Clark. This year's selection process was notably competitive, drawing 5,000 applicants—a significant increase from previous years.

AIPAD : The Photography Show 2026 : Robert Koch Gallery – Booth B6

Robert Koch Gallery, a founding member of AIPAD, will present a group exhibition at The Photography Show 2026, held at the Park Avenue Armory in New York City from April 22–26. The gallery's booth B6 will feature the premiere of key early Edward Burtynsky images in a larger 48 × 60–72 inch format, previously unavailable at that scale, along with recent mine tailing images shown for the first time. Also on view will be photographs from Matt Black's American Geography and New World Atlas series, works by Mimi Plumb, whose retrospective is currently at the High Museum of Art, and pieces by historic photographers including Henri Cartier-Bresson, Robert Frank, Helen Levitt, and Man Ray.

May 2026 Opportunities: Open Calls, Residencies, and Grants for Artists

Colossal's May 2026 opportunities roundup lists multiple open calls, residencies, and grants for artists worldwide. Featured opportunities include the Scenerium 2026 Art Award (deadline May 7), the Hopper Prize offering $4,500 and $1,000 artist grants (deadline May 12), and the SaveArtSpace Billboard Art Open Call curated by Gigi Chen (deadline May 7). Other listings include the YICCA Art Prize, CIFRA Award, Cass Art Prize for the U.K. and Ireland, Sunshine Coast National Art Prize in Australia, an opportunity to get published in Artistonish magazine, and the Abbey Mural Prize.

Settlement allows Institute of Museum and Library Services to continue operations

The American Library Association (ALA) and the American Federation of State, County and Municipal Employees (AFSCME) have reached a settlement with the Trump administration to restore the Institute of Museum and Library Services (IMLS). The agreement follows a year-long legal battle sparked by an executive order that placed the agency's entire staff on administrative leave and attempted to dismantle the federal body. The settlement ensures the IMLS can resume awarding grants, conducting research, and operating programs while reversing previous staff terminations and grant cancellations.

Giorno Poetry Systems Gives Grants to 12 Artists Including Jacolby Satterwhite, Puppies Puppies (Jade Guanaro Kuriki-Olivo), and the Late Agosto Machado

Giorno Poetry Systems, the nonprofit founded by artist John Giorno in 1965, has launched a new need-based grant program called the Treat a Stranger Grant. The inaugural round awards $4,545 each to 12 artists, including Jacolby Satterwhite, Puppies Puppies (Jade Guanaro Kuriki-Olivo), Samiya Bashir, Malcolm-X Betts, Pe Ferreira, Mercy Kelly, the late Agosto Machado (whose funds go to his estate), Gavilán Rayna Russom, Keioui Keijaun Thomas, Christopher Udemuezue, and two anonymous recipients. The program revives the spirit of Giorno's AIDS Treatment Project from the 1980s and '90s, which provided direct financial support to artists affected by the epidemic.

Book uncovers the life of Barnett Newman, an artist who ran for New York mayor

A new biography titled "Barnett Newman: Here" by Amy Newman (no relation) explores the life of Abstract Expressionist painter Barnett Newman, revealing his little-known 1933 run for mayor of New York City at age 28 under a platform of cultural and environmental reforms. The book details his upbringing as the son of Jewish immigrants in the Bronx, his philosophical studies, and his eventual reinvention as a painter who pioneered the 'zip' painting style with works like Onement I, while also chronicling his combative personality and lifelong battles against political machines and critics.

Dirk Staschke's exhibition

Duane Reed Gallery in St. Louis is hosting a new exhibition of trompe l’oeil stoneware sculptures and tiles by artist Dirk Staschke. Staschke, a sculptor and ceramicist, draws inspiration from Dutch Vanitas still-life painting, blending traditional techniques with contemporary textures and forced perspective. His works merge painting and sculpture, featuring adapted still lives on ceramic vessels and three-dimensional framed tableaus. Staschke holds an MFA from Alfred University and a BFA from the University of Montevallo, and his work has been exhibited at the Smithsonian Museum, Icheon Museum, Crocker Museum, and Portland Art Museum.

Arshile Gorky & Isamu Noguchi: A Lecture by Amy Lyford

Art historian Amy Lyford delivered a lecture exploring the artistic and personal relationship between Arshile Gorky and Isamu Noguchi. The talk, presented by the gallery Hauser & Wirth, examined their shared experiences as immigrants, their navigation of American modernism, and the cross-pollination of ideas between their practices.

Calls for Artists: May 2026

Burnaway's May 2026 Calls for Artists roundup lists multiple opportunities with deadlines in early May. These include the Joan Mitchell Center's call for figurative works, the Michael P. Smith Fund for Documentary Photography for Gulf Coast photographers, the Center for Craft Teaching Artist Cohort offering $10,000 grants to mid-career craft artists, the Hopper Prize grants totaling $13,000, residencies at The Studios of Key West and Trillium Arts, and the National Performance Network Creation & Development Fund. Each opportunity has specific eligibility, fees, and deadlines ranging from May 3 to May 18, 2026.

What is it like to be a young artist in Milan today? Denise Ceragioli answers

Com’è oggi essere una giovane artista a Milano? Risponde Denise Ceragioli

The article features an interview with young Milan-based artist Denise Ceragioli, who discusses the challenges and realities of sustaining an artistic practice in the city after graduating from the Brera Academy. She details her journey of finding a studio, the evolution of her painting from figurative to highly material-based work involving wax, and the importance of building relationships within Milan's art ecosystem of institutions, galleries, and independent spaces.

ArtFields festival returns to Lake City April 10 to May 2, featuring Southeast artists

Lake City, South Carolina, is set to host the annual ArtFields festival from April 10 to May 2, 2026. The event transforms the town into a massive gallery, displaying hundreds of works by Southeastern artists across local boutiques, restaurants, and historic warehouses. This year's competition features over $100,000 in prize money, with winners determined by both a professional jury and a popular vote.

Art exhibitions explore Appalachian identity and newcomer experiences

The Virginia Tech Carilion School of Medicine is launching a dual exhibition featuring "From These Hills" and "Making it in America," opening April 14 in Roanoke. "From These Hills," on loan from the William King Museum of Art and curated by Kathy Foley, showcases contemporary Appalachian art across various media that explore regional identity and memory. Complementing this, photojournalist Heather Rousseau’s "Making it in America" documents the lived experiences of immigrants and refugees in Southwest Virginia, capturing the resilience of Afghan, Ukrainian, and Latino newcomers through five years of visual storytelling.

MKFA Awards Grants: Supporting innovation and community engagement

The Mike Kelley Foundation for the Arts (MKFA) has announced the recipients of its 2026 Infinite Expansion Grants (IEG), awarding funding to nine contemporary arts organizations across Los Angeles County. This year marks the tenth anniversary of the grant program, with six of the nine organizations receiving MKFA funding for the first time. The grantees include Art in the Park, Clockshop, and Color Compton, among others, each undertaking projects that explore themes of place, memory, diaspora, and community resilience through exhibitions, installations, and public programming. The grants were selected by a jury of five arts professionals including Tiffany Barber, Jibz Cameron, Justen Leroy, Jenny Lin, and Rodrigo Valenzuela.

Exhibition | Kimiyo Mishima, 'FRAGILE' at Nonaka-Hill, Los Angeles, United States

This article profiles Japanese artist Kimiyo Mishima, whose ceramic sculptures meticulously replicate discarded newspapers, cans, and other trash. Mishima, who died recently, began her career with painting and collage before pioneering a technique in 1971 of silk-screening and painting thin clay sheets rolled with an udon noodle roller to create fragile, lifelike sculptures of garbage. Her work was shaped by her experience growing up in postwar Osaka and her revulsion at consumer culture's disposable nature, leading her to collect trash from the streets of New York and Paris during artist grants.