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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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A centennial market analysis of Joan Mitchell reveals that an untitled 1979 abstract work by the artist was the most expensive artwork on offer at Art Basel Miami Beach, priced at $18.5 million by Gray gallery. The article examines Mitchell's auction performance, noting that her record stands at $29.2 million set in 2023, and that three paintings have sold for over $20 million since then. Despite these strong results, her auction highs still trail behind male Abstract Expressionist contemporaries like Jackson Pollock and Mark Rothko.

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David Zwirner Gallery now represents New York-based artist Amy Sillman, whose colorful paintings and drawings bridge figuration and abstraction. She previously worked with Gladstone Gallery, where her 2018 show “Mostly Drawing” was praised by critic Phyllis Tuchman. Sillman continues her relationships with Thomas Dane Gallery in London and Capitain Petzel in Berlin, and will participate in a three-person exhibition at Chantel Crousel in Paris this summer. Her first show at Zwirner is scheduled for 2027.

warren isensees pulsating abstractions put the act of looking to the test 2739914

Warren Isensee's new paintings at Miles McEnery Gallery in Chelsea, New York, explore optical structure with loosened rules, where warm and cool tones trade dominance across repeating frameworks. On view through February 14, 2026, the exhibition is the artist's third solo outing with the gallery and includes a fully illustrated publication with an essay by Stephen Westfall. The works interrupt their own logic, introducing irregular breaks that reroute the eye, creating a test of looking rather than a display of visual effects.

Five Groundbreaking Postwar Women Artists Lead New York’s Fall Art Season

New York's fall art season features five major exhibitions dedicated to groundbreaking postwar women artists, timed with the November auctions. Shows include Louise Bourgeois at Hauser & Wirth, a Joan Mitchell focus at David Zwirner, and MoMA's long-awaited Ruth Asawa retrospective. The article cites the 2025 Art Basel and UBS Report showing women artist representation in galleries rose to 41% in 2024, with sales growth correlating to higher representation. Artnet data notes 13 women among the top 100 auction sellers in early 2025, up from 10 the prior year.

Space One Eleven presents art exhibitions by El Paso artist José Villalobos and local artist Jason Tanner Young

Space One Eleven in Birmingham, Alabama, is presenting two new exhibitions: “Navegando la Masculinidad de la Frontera / Navigating the Border’s Masculinity” by El Paso artist José Villalobos and “see saw sawn” by local artist Jason Tanner Young. The opening reception with the artists takes place on February 19, 2026, and the shows run through April 17, 2026. Villalobos, a multidisciplinary artist, explores queer identity, machismo, and border culture through sculpture, performance, and installation, while Young, an associate professor at the University of Montevallo, works primarily in sculpture.

joan mitchell foundation 2026 artists in residence 1234770065

The Joan Mitchell Foundation has announced the 31 artists selected for its 2026 residency program at the Joan Mitchell Center in New Orleans. The residencies, lasting six or 14 weeks across three seasons, will host no more than nine artists at a time, beginning February 2. The cohort includes 17 local New Orleans artists and participants from cities such as New York, San Francisco, Chicago, Boston, and Atlanta, ranging in age from 27 to 75. Notable participants include Edra Soto, who also won a United States Artists Fellowship, and two leaders of New Orleans’s Black Masking Indian tradition, Kelly Pearson Boles and Efrem Z. Boles. The selection was made by a jury of artists, curators, and academics.

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.

Exhibition Celebrating Abstract Painter Joan Mitchell Features Work on Loan from the Hofstra Museum

Joan Mitchell's painting "Metro" (1965) from the Hofstra University Museum of Art's permanent collection is on loan to David Zwirner gallery in New York for the exhibition "To define a feeling: Joan Mitchell, 1960-1965," running from November 6 to December 13, 2025. The exhibition focuses on a transformative period in Mitchell's career, showcasing paintings and works on paper from public and private collections, including the Joan Mitchell Foundation, that trace her shift from structured abstractions to centralized, swirling forms inspired by travels along France's Côte d'Azur.

Jamea Richmond-Edwards: Another World and Yet the Same September 13, 2025 — June 14, 2026 - Wellin Museum

The Ruth and Elmer Wellin Museum of Art at Hamilton College will present "Jamea Richmond-Edwards: Another World and Yet the Same" from September 13, 2025, to June 14, 2026. Curated by Alexander Jarman, the exhibition features a large body of newly created work alongside mixed-media paintings from the past seven years, exploring race, class, and identity. Richmond-Edwards draws on her Detroit roots, incorporating music genres like jazz, soul, Motown, techno, and hip hop, as well as imagery from school marching bands. The title references a 17th-century dystopian novel by Joseph Hall, and the artist adapts its narrative through a fictional character, Iceberg, who leads a voyage to Antarctica to establish an egalitarian society, addressing themes of climate change and self-determination.

Vincent Valdez and KB Brookins picked for ACLU Texas's artist-in-residence programme

The ACLU of Texas has selected Austin-based writer and artist KB Brookins and San Antonio-born painter Vincent Valdez as its artists-in-residence for 2026. Chosen from nearly 200 applicants, each will receive $30,000 to create works addressing criminal law reform, immigrants' rights, and equality for LGBTQIA+ individuals. Valdez will focus on portraits of local community leaders for his New Americans series and produce 'Know Your Rights' poster packets, while Brookins will tackle the pretrial carceral system through community organizing and workshops.