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.

infinite images algorithmic art toledo museum

The Toledo Museum of Art has opened "Infinite Images: The Art of Algorithms," an exhibition tracing the history of code-based art from the 1960s to the present. Curated by Julia Kaganskiy, the show features 24 artists including pioneers like Sol LeWitt, Josef Albers, and Vera Molnár, alongside contemporary digital creators such as Larva Labs, Snowfro, Dmitri Cherniak, Operator, and Emily Xie. Works range from Molnár's "Interruptions" series (1968–69) to recent generative and on-chain pieces like CryptoPunks (2017) and Chromie Squiggles (2020), many drawn from the collection of hedge fund manager Alan Howard.

eva hesse painting goodwill christies

New York appraiser and art dealer Glenn Spellman discovered an abstract painting signed "E.H." on the Goodwill thrift store website last fall. Suspecting it might be by Eva Hesse, he enlisted his sister Kara Spellman, director of estates and acquisitions at Hollis Taggart gallery, who confirmed the painting's authenticity by consulting the artist's catalogue raisonné at the Metropolitan Museum of Art's library. The painting, titled *Landscape Forms* (1959), was acquired for $40,000 and will be auctioned at Christie's New York on May 15 with an estimate of $60,000–$80,000. A second Hesse work, *No title* (1964–65), will be offered at Phillips New York the previous day.

ruth asawa retrospective sfmoma review

Ruth Asawa's first retrospective at the San Francisco Museum of Modern Art in 1973 featured a communal "dough-in" where children made art from baker's clay, a practice that drew skepticism from some onlookers. Now in 2025, SFMOMA presents a larger retrospective of Asawa's work, showcasing her wire sculptures, drawings, and playful, community-oriented art. The exhibition, organized by SFMOMA's Janet Bishop and MoMA's Cara Manes, will travel to the Museum of Modern Art in New York, the Guggenheim Bilbao, and the Fondation Beyeler.

page nyc machteld rullens

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.

ethel stein puppeteer weaver

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.

mel leipzig painter dead

Mel Leipzig, a painter known for his intensely detailed, realistic portraits of everyday people and places, died on November 1 at age 90. Over a career spanning more than five decades, the Brooklyn-born artist taught at Mercer County Community College from 1968 to 2013, founded the Trenton Artist Workshop Association (TAWA) in 1979, and never painted from photographs, instead practicing what he called 'designing with reality.' His work is held by major institutions including the Whitney Museum, the National Academy Museum, and the New Jersey State Museum.

alison knowles dead make a salad fluxus

Alison Knowles, a pioneering artist of the Fluxus movement, died at age 92 in New York on October 29. Her gallery, James Fuentes, announced her passing but did not specify a cause. Knowles was best known for works like *Make a Salad* (1962) and *The Identical Lunch*, which used everyday materials and simple text-based instructions to create participatory art. Her most famous piece, *Make a Salad*, consists only of its title as a directive, allowing performers to interpret it freely; it has been staged at venues from Art Basel to Tate Modern. Knowles was a key figure in Fluxus, a movement formalized in 1963 by George Maciunas that rejected traditional art in favor of performance and accessible materials.

the white room gallery east hampton

Kat O’Neill and Andrea McCafferty, founders of the White Room Gallery, moved their business from Bridgehampton to East Hampton in late 2023. The gallery, known for showcasing contemporary art from Pop icons like Andy Warhol to street artists like Banksy, has a busy exhibition calendar year-round, with summer being especially active. Ahead of peak season, O’Neill and McCafferty discussed upcoming shows including “La Femme,” “Every Picture Tells A Story,” and solo exhibits by Nelson De La Nuez and Russell Young, as well as the gallery’s integration into the East Hampton community.

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.

aldrich museum decennial 2026 survey connecticut artists

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).

art basel paris vip preview sales report

Art Basel Paris opened its VIP preview on Wednesday, following a new invite-only preview called Avant Première on Tuesday. Major galleries reported strong sales, including Hauser & Wirth's $23 million Gerhard Richter abstract, the highest reported sale at the fair. Other notable sales included Julie Mehretu's $11.5 million painting at White Cube, a $4.7 million Bruce Nauman neon at Hauser & Wirth, and a $2.5 million Marlene Dumas painting at David Zwirner. Dealers noted that the staggered two-day opening helped spread out crowds and allowed collectors to return for the official VIP day, with many describing the fair as the most successful edition in Paris to date.

barbara jakobson collector moma trustee dead

Barbara Jakobson, a prominent art collector and longtime trustee of the Museum of Modern Art (MoMA), died at age 92 on August 25 in Manhattan due to pneumonia. Known for her extensive network of relationships with artists, dealers, and curators, she was a central figure in the New York art world for decades. Jakobson served on MoMA's board since 1974, helped found the Studio Museum in Harlem in 1968, and persuaded dealer Leo Castelli to donate Robert Rauschenberg's iconic work "Bed" (1955) to MoMA. Her Upper East Side townhouse, filled with works by artists such as Matthew Barney, Diane Arbus, and Robert Mapplethorpe, was a testament to her lifelong engagement with contemporary art.

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.

Sea change: inside LACMA’s new curatorial strategy

The Los Angeles County Museum of Art (LACMA) is debuting a radical curatorial overhaul within its new David Geffen Galleries, moving away from traditional 19th-century departmental silos. Led by Director Michael Govan and a team of 45 curators, the museum is implementing a cross-disciplinary approach that organizes the collection around "oceanic nodes"—the Mediterranean, Atlantic, Indian, and Pacific. This strategy allows for the juxtaposition of disparate media and cultures, such as contemporary photography alongside ancient textiles, to highlight the historical circulation of ideas and people across bodies of water.

‘Christmas came early’: Art Basel Miami Beach opens with avalanche of blue-chip sales

Art Basel Miami Beach opened its 23rd edition with a surge of blue-chip sales, signaling renewed market confidence. Major galleries reported strong early results: David Zwirner sold a Gerhard Richter painting for $5.5m and an Alice Neel for $3.3m; Hauser & Wirth saw sales 40% higher than last year, including a George Condo for nearly $4m and a Louise Bourgeois for $3.2m. Other notable sales included works by Alex Katz, Pablo Picasso, Sam Gilliam, and Robert Rauschenberg, with 283 galleries participating at the Miami Beach Convention Center.

$5.5 million Gerhard Richter painting leads Art Basel Miami Beach opening sales.

Art Basel Miami Beach 2025 opened on December 3 with strong sales, led by David Zwirner's sale of an abstract Gerhard Richter painting for $5.5 million. Other major transactions included a $4 million George Condo work at Hauser & Wirth, a $3.3 million Alice Neel painting at David Zwirner, and a $2.85 million Willem de Kooning at White Cube. Hauser & Wirth reported sales 40% higher than its entire 2024 fair week within the first three hours.

Strong sales and digital art buzz mark Art Basel Miami Beach opening

Art Basel Miami Beach opened with a VIP preview that saw strong sales across price points, from blue-chip acquisitions to mid-range works. David Zwirner led with a Gerhard Richter painting for $5.5 million, while Hauser & Wirth sold a George Condo for $4 million. The debut of Zero 10, a platform for digital art, sold out its presentation. Other notable sales included works by Alice Neel, Josef Albers, Louise Bourgeois, and Andreas Gursky, with galleries like Pace, White Cube, and Gladstone also reporting significant transactions.

‘I’m not trying to impress anyone with what I buy’: how Catherine Walsh went from cosmetics queen to art collector

Catherine Walsh, a former cosmetics executive at Estée Lauder and Revlon who pioneered celebrity fragrances at Coty, recounts her journey from buying her first Harry Callahan photograph at age 22 to building a minimalist art collection. She commissioned architect John Pawson to design a house in Telluride, Colorado, after a lecture, and has since acquired works by Gerhard Richter, Donald Judd, Jenny Holzer, Josef Albers, and a 17th-century Dutch portrait, among others. Walsh now lives in a London apartment near the Victoria & Albert Museum, where she displays her carefully curated collection with minimal furniture.

Robert Rauschenberg at 100: How the Relentless Experimenter Rewired American Art

A global celebration marks the centennial of Robert Rauschenberg's birth on October 22, 1925, with a bumper program of exhibitions at major museums including the Museum of the City of New York, the Guggenheim in New York, the Walker Art Center in Minneapolis, the Virginia Museum of Fine Arts, Des Moines Art Center, the Menil in Houston, Museum Ludwig in Cologne, and M+ in Hong Kong. The article highlights eight key facts about Rauschenberg's life and career, from his early use of the G.I. Bill to study art in Paris and at Black Mountain College, to his rebellion against teacher Josef Albers, and his invention of the "Combines"—radical painting-sculpture hybrids that broke with Abstract Expressionism and predicted Pop Art.

The Can’t-Miss Moments at TEFAF New York 2026

TEFAF New York 2026 opened to packed crowds at the Park Avenue Armory, showcasing a mix of historic and contemporary works. Highlights include Gagosian’s solo booth of Kathleen Ryan’s bejeweled “Bad Fruit” sculptures, Thaddaeus Ropac’s presentation of monumental canvases by Danish painter Eva Helene Pade, and Axel Vervoordt Gallery’s spotlight on overlooked Italian painter Ida Barbarigo. The fair also features collectible design and perennial favorites like Alexander Calder mobiles and Alighiero Boetti tapestries.

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.

jonas wood tennis court paintings gagosian

Jonas Wood has unveiled a new series of paintings at Gagosian in Beverly Hills that transforms global tennis courts into geometric abstractions. Derived from years of photographing tournament broadcasts and Nintendo games, the works strip away players and equipment to focus on the flat bands of color, white lines, and nets that define the sport's architecture. The collection represents a systematic exploration of the ATP and WTA tours, utilizing the tennis court as a formal vehicle for color theory and composition.

art historical rediscoveries 2025

Seven notable art historical rediscoveries from 2025 are highlighted, including an early Eva Hesse painting found at a Goodwill thrift store that sold for $107,100 at Christie's, a previously unknown John Singer Sargent portrait unveiled at the Musée d'Orsay, a Salvador Dalí watercolor bought for $186 that fetched $61,400 at auction, and a John Constable drawing resurfacing after 200 years. Other finds include works by post-minimalist and old master artists uncovered in attics, estate sales, and private collections, often identified by sharp-eyed dealers or lucky amateurs.

white house art obamas

Barack and Michelle Obama have added several modern and contemporary artworks to the White House collection during their final year in residence. New acquisitions include works by Mark Rothko, Edward Hopper, Sam Francis, Josef Albers, Robert Rauschenberg, and Alma Thomas, replacing traditional portraits of former first ladies. The pieces were sourced partly through museum loans, such as two Hopper paintings from the Whitney Museum of American Art for the Oval Office.

José Dávila Makes Space the Subject in His New York Show

José Dávila's solo exhibition "The Simple Act of Positioning" opens at Sean Kelly gallery in New York, featuring sculptures that explore the relational placement of objects in space. The show includes totemic pillars of steel, concrete, volcanic rock, and automotive paint, framed by large black structures, inviting viewers to move through the gallery to fully experience the visual conversations between works. Dávila, originally from Guadalajara and trained in architecture, draws on Modernist precedents from artists like Marcel Duchamp and architects like Luis Barragán.

11 Must-See Museum Exhibitions This Summer

This article highlights 11 must-see museum exhibitions for summer 2025, curated by Monica Jae Yeon Moon. Key shows include Melissa Joseph's site-specific installation 'Tender' at the Brooklyn Museum, a comprehensive solo exhibition of 18th-century Dutch still life painter Rachel Ruysch at the Toledo Museum of Art and Museum of Fine Arts Boston, and a queer photography exhibition at the Getty Center. Other notable events include the Venice Architecture Biennale, Berlin Biennale, and Ljubljana Biennial, with a focus on women artists like Emily Kam Kngwarray and Takako Yamaguchi receiving overdue recognition.

35 Art Centers Every Hudson Valleyite Should Visit

A regional guide profiles 35 art centers across New York's Hudson Valley, highlighting destinations such as the Albany Institute of History & Art, Dia Beacon, Olana State Historic Site, and Art Omi Sculpture & Architecture Park. The article provides practical visitor information for each venue, covering museums, galleries, and historic artist estates in Albany, Columbia, and Dutchess counties.

Activity and optimism at Expo Chicago attest to the city's 'fearless' community of collectors and patrons

Expo Chicago's 12th edition opened at Navy Pier on April 24, featuring over 170 galleries from 36 countries, with a strong South Korean contingent supported by the Galleries Association of Korea and notable participation from Canada, Latin America, and smaller US cities. Highlights include a knitted men's locker room installation by Nathan Vincent at Walter Maciel Gallery and a video project by Deborah Oropallo and Andy Rappaport at Catharine Clark Gallery, alongside a tribute to veteran gallerist Rhona Hoffman, who is closing her namesake gallery after nearly 50 years.

One of the Greatest Photographic Documents of the 20th Century

"Eines der größten fotografischen Dokumente des 20. Jahrhunderts"

A New York court has concluded an eleven-year legal battle by awarding Amedeo Modigliani’s 'Seated Man with a Cane' to the heirs of Jewish art dealer Oscar Stettiner. The ruling rejected the claims of the powerful Nahmad family, with the judge determining that Stettiner never voluntarily relinquished the work during the Nazi era. Additionally, a significant photographic archive belonging to darkroom technician Roland Haupt has surfaced, containing previously unseen World War II images by Lee Miller and Cecil Beaton.