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Artist Pension Trust
The Artist Pension Trust (APT), which merged into the MutualArt Group in 2016, is an investment vehicle specializing in contemporary art, which aims to provide financial security and international exposure to selected artists chosen by its international curatorial team. It has the largest global collection of contemporary art, comprising 10,000 artworks from 2,000 artists in 75 countries, and growing by more than 2,000 each year. As of November 2013, a total of 40,000 artworks had been committed to APT by 2,000 artists. APT claimed its then value to be more than $US100 million. Artworks from the APT collection have been used to curate exhibitions for museums including the MoMA, Tate Modern, Hirshhorn Museum, as well as for art venues such as the Venice Biennale, Art Basel, ''documenta'' and Manifesta. A 2021 article in ''The New York Times'' detailed multiple failures in the organization's goal of providing a diversified income for participating artists. History In 2004, a com ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Documenta
''documenta'' is an exhibition of contemporary art which takes place every five years in Kassel, Germany. The ''documenta'' was founded by artist, teacher and curator Arnold Bode in 1955 as part of the Bundesgartenschau (Federal Horticultural Show) which took place in Kassel at that time. It was an attempt to bring Germany up to speed with modern art, both banishing and repressing the cultural darkness of Nazism. This first ''documenta'' featured many artists who are generally considered to have had a significant influence on modern art (such as Picasso and Kandinsky). The more recent editions of the event feature artists based across the world, but much of the art is site-specific. Every ''documenta'' is limited to 100 days of exhibition, which is why it is often referred to as the "museum of 100 days". ''Documenta'' is not a selling exhibition. Etymology of ''documenta'' The name of the exhibition is an invented word. The term is supposed to demonstrate the intention of ...
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Jean Shin
Jean Shin (born 1971) is an American artist living in Brooklyn, NY. She is known for creating elaborate sculptures and site-specific installations using accumulated cast-off materials. Personal life Shin was born in Seoul, South Korea and moved to the United States when she was 6 years old, growing up in Bethesda, Maryland. Both of her parents who had been professors in Seoul took various jobs after moving to the Washington, D.C. area, eventually owning a supermarket and liquor store. Shin was encouraged to pursue painting seriously in high school, and in 1990 during her senior year she entered the Presidential Scholars Program competition in the arts and won a full scholarship to Pratt Institute in Brooklyn. She received a B.F.A. in painting in 1994 and an M.S. in Art History and Criticism in 1996. She then worked at the Whitney Museum in New York as a curatorial assistant. Since 1998, she has taught at the Pratt Institute as an adjunct professor. She also attended the Skowheg ...
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Non-profit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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APT Institute
The Artist Pension Trust (APT), which merged into the MutualArt Group in 2016, is an investment vehicle specializing in contemporary art, which aims to provide financial security and international exposure to selected artists chosen by its international curatorial team. It has the largest global collection of contemporary art, comprising 10,000 artworks from 2,000 artists in 75 countries, and growing by more than 2,000 each year. As of November 2013, a total of 40,000 artworks had been committed to APT by 2,000 artists. APT claimed its then value to be more than $US100 million. Artworks from the APT collection have been used to curate exhibitions for museums including the MoMA, Tate Modern, Hirshhorn Museum, as well as for art venues such as the Venice Biennale, Art Basel, ''documenta'' and Manifesta. A 2021 article in ''The New York Times'' detailed multiple failures in the organization's goal of providing a diversified income for participating artists. History In 2004, a com ...
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Operational Costs
Operating costs or operational costs, are the expenses which are related to the operation of a business, or to the operation of a device, component, piece of equipment or facility. They are the cost of resources used by an organization just to maintain its existence. http://www.operatingcosts.com Business operating costs For a commercial enterprise, operating costs fall into three broad categories: * fixed costs, which are the same whether the operation is closed or running at 100% capacity. Fixed Costs include items such as the rent of the building. These generally have to be paid regardless of what state the business is in. It never changes * variable costs, which may increase depending on whether more production is done, and how it is done (producing 100 items of product might require 10 days of normal time or take 7 days if overtime is used. It may be more or less expensive to use overtime production depending on whether faster production means the product can be more profit ...
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Funds
Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm uses its internal reserves to satisfy its necessity for cash, while the term financing is used when the firm acquires capital from external sources. Sources of funding include credit, venture capital, donations, grants, savings, subsidies, and taxes. Fundings such as donations, subsidies, and grants that have no direct requirement for return of investment are described as "soft funding" or "crowdfunding". Funding that facilitates the exchange of equity ownership in a company for capital investment via an online funding portal per the Jumpstart Our Business Startups Act (alternately, the "JOBS Act of 2012") (U.S.) is known as equity crowdfunding. Funds can be allocated for either short-term or long-term purposes. Economics In economics fun ...
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Aida Ruilova
''Aida'' (or ''Aïda'', ) is an opera in four acts by Giuseppe Verdi to an Italian libretto by Antonio Ghislanzoni. Set in the Old Kingdom of Egypt, it was commissioned by Cairo's Khedivial Opera House and had its première there on 24 December 1871, in a performance conducted by Giovanni Bottesini. Today the work holds a central place in the operatic canon, receiving performances every year around the world; at New York's Metropolitan Opera alone, ''Aida'' has been sung more than 1,100 times since 1886. Ghislanzoni's scheme follows a scenario often attributed to the French Egyptologist Auguste Mariette, but Verdi biographer Mary Jane Phillips-Matz argues that the source is actually Temistocle Solera. Elements of the opera's genesis and sources Isma'il Pasha, Khedive of Egypt, commissioned Verdi to write an opera to celebrate the opening of the Suez Canal, but Verdi declined. However, Auguste Mariette, a French Egyptologist, proposed to Khedive Pasha a plot for a celebratory opera ...
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Anthony Goicolea
Anthony Goicolea (born 1971) is a New York-based fine art photographer, drafter, and installation artist, born in Atlanta, Georgia. Work Goicolea's photographs frequently deal with issues of androgyny, homosexuality, and child sexuality. Goicolea was educated at the University of Georgia and studied painting, photography, and sculpture at that institution. He holds an MFA in fine arts from the Pratt Institute. He made his debut in 1999, and now shows work with Postmasters gallery in New York, Aurel Scheibler in Berlin, Germany, and Gow Langsford Gallery in Auckland, New Zealand. Some of his work features photographs of "pre- to barely pubescent boys" in elaborately staged tableau settings, commonly showing multiple boys wearing traditional private school uniforms either engaged in school-life or recreation after school—but with often transgressive and erotic twists in their activities. Of great interest in these compositions is the fact that Goicolea ''himself'' portrays al ...
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Jules De Balincourt
Jules de Balincourt (born 1972) is a French-born American contemporary artist, based in Brooklyn, New York. He is best known for his abstract, atmospheric paintings, with saturated colors, blurring the line between fantasy and reality. Biography In 1972 de Balincourt was born in Paris and moved throughout his childhood but primarily growing up near the Malibou Lake area in the Santa Monica Mountains. He was educated in the San Francisco Bay Area at the California College of the Arts (CCA), receiving a B.F.A. in ceramics in 1998 and went on to study in New York City at the Hunter College graduating in 2005 with an M.F.A. In 2006, de Balincourt founded the alternative art space Starr Space (formerly known as Starr Street Projects) in Brooklyn, New York. Starr Space operated for three years and was used for diverse community programming, art events, yoga, weekly farmers market, rock shows, church parties and fundraisers, notable performances and performers such as Ryan Trec ...
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San Francisco Museum Of Modern Art
The San Francisco Museum of Modern Art (SFMOMA) is a modern and contemporary art museum located in San Francisco, California. A nonprofit organization, SFMOMA holds an internationally recognized collection of modern and contemporary art, and was the first museum on the West Coast devoted solely to 20th-century art. The museum's current collection includes over 33,000 works of painting, sculpture, photography, architecture, design, and media arts, and moving into the 21st century.Collection
at sfmoma.org.
The collection is displayed in of exhibition space, making the museum one of the largest in the United States overall, and one of the in the world for modern and contemporary art. Found ...
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Whitney Museum
The Whitney Museum of American Art, known informally as "The Whitney", is an art museum in the Meatpacking District, Manhattan, Meatpacking District and West Village neighborhoods of Manhattan in New York City. It was founded in 1930 by Gertrude Vanderbilt Whitney (1875–1942), a wealthy and prominent American socialite, sculptor, and art patron after whom it is named. The Whitney focuses on 20th- and 21st-century American art. Its permanent collection, spanning the late-19th century to the present, comprises more than 25,000 paintings, sculptures, drawings, prints, photographs, films, videos, and artifacts of new media by more than 3,500 artists. It places particular emphasis on exhibiting the work of living artists as well as maintaining an extensive permanent collection of important pieces from the first half of the last century. The museum's Annual and Whitney Biennial, Biennial exhibitions have long been a venue for younger and lesser-known artists whose work is showcased th ...
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