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Judith H. Dobrzynski on Culture

Archives for January 2012

“The Mayor Has An [Arts] Plan” — Where? UPDATED

With government support for the arts on the wane in most places, here’s a city singing a different tune:

…The mayor has a plan. That plan has been to reestablish municipal support for the arts through the cultural office, and to enhance and expand city efforts that support artists and their organizations. This has taken the form of everything from maintaining the city’s cultural fund, which provided $1.6 million in grants directly to 201 arts groups this year, to rethinking non-arts programs so they might provide support to the sector.

In 2010, for instance, the city came up with an innovative use of community block grants enabling $500,000 in federal stimulus funding to be used for eight arts-related projects.

mural-arts-half-tank-philadelphia-3-600.jpgCan you guess what mayor, what city? (Not Boston, that’s for sure.)

It’s Philadelphia I’m talking about, and for the third time since I began this blog in 2009, Philadelphia Mayor Michael Nutter has won notice from me because of his support for the arts (see here and here).

Now, as the article I quoted from above (in the Philadelphia Inquirer, printed in late December) notes in its last paragraphs, the money Philadelphia devotes to the arts is only $4 per capita, much lower than the leader, San Francisco, which devotes $90 per capita to the arts, thanks to a dedicated hotel tax that dates back to 50 years ago (it’s 5.3% today).

But Nutter is talking the talk in a difficult environment and, I hear, he shows up to support the arts. A while back, Nutter appointed a Cultural Advisory Council to devise an arts plan, with the goal of creating a roadmap to keep creative activity going on in Philadelphia. It recently reported:

The vision plan sets a goal of increasing the city’s investment in the arts from $7 million in fiscal 2010 to $20 million in fiscal 2014. That $13 million increase will bring its public spending on arts and culture up to the per-capita average of $11 found in 20 cities studied by the task force.

Now I have a bigger task for Nutter. I notice that he is vice president of the U.S. Conference of Mayors, and I wish he’d get the art on the agenda there. In the group’s programs, it’s bad enough that “Arts” is lumped into Tourism, Arts, Parks, Entertainment & Sports.

Worse, that page is bare.

UPDATE, 1/12: Reader Jeffrey Barg reports, in a comment below, that Philadelphia today announced another art-lifting initiative — a two-year marketing campaign

supporting Philadelphia’s varied visual arts scene and the many artists who make it the colorful canvas that it is. The highly integrated campaign, the result of a first-of-its-kind partnership among 10 city organizations and cultural partners, will tout Philly’s eclectic art offerings — everything from museum stalwarts to independent collectives to plentiful public arts to popular annual events.

Again, bravo, Philadelphia.

Photo Credit: “Philadelphia on a Half Tank” by Paul Santoleri, Courtesy of the Mural Arts Program, Philadelphia

 

 

Risky Business? Met, Art Institute Draw In New Blood

The Metropolitan Museum* and the Art Institute of Chicago announced appointments today — one curatorial and one staff. Oddly, it’s the latter that’s more intriguing.

SheenaWagstaff.jpgOn Fifth Avenue, director Tom Campbell followed his pattern of seeking expertise in Mother England; he named fellow-Brit Sheena Wagstaff (right) to “the newly created position of Chairman of the Department of Modern and Contemporary Art;” she is currently chief curator of Tate Modern, “where for the past decade she has been responsible for programming strategy and planning.” 

That’ll be a switch; the Tate Modern is aggressively contemporary, which the Met has never been. Most recently, contemporary at the Met was led by Gary Tinterow, chairman of the Department of Nineteenth-Century, Modern, and Contemporary Art. He has been named director at the Museum of Fine Arts in Houston (in fact, his farewell party at the Met was last night), and had more expertise in 19th Century and Modern art. Met-watchers have been predicting that Campbell would split the departments again (as they were until 2004, when the late Bill Lieberman, former head of contempary art at the Met, “stepped down”) and go very contemporary. Looks as if he has.

Wagstaff starts at the Metropolitan Museum in late spring, following Luke Syson, who just joined the Met as curator of European Sculpture and Decorative Arts from his post as Curator of pre-1500 Italian Paintings and Head of Research at London’s National Gallery. Syson curated the blockbuster Leonardo exhibition now packing them in in Trafalgar Square.

GordonMontgomery.bmpIn Chicago, it’s Art Institute meets HomeMade Pizza Company. That’s right, according to an email from AIC arrived that in my imbox today. It announced the appointment of Gordon Montgomery (left) as Vice President of Marketing and Public Affairs. (Oddly, it was effective January 3, 2012, so his office is a little late getting the news out.)

Montgomery, most recently Chief Marketing Officer for HomeMade Pizza Company, has no art expertise (at least according to the release). Before the pizza place, he worked at NewSight Corporation, a new media and technology startup. There, he marketed “early generation 3DTV (albeit without glasses),” among other things, and he has also worked at Publicis Groupe’s Leo Burnett Worldwide, the ad agency, where he worked on accounts for Gateway, Maytag, Motorola, Sony, and Procter & Gamble, among other clients.

This is as big a switch, and in some ways a riskier one, than the Met’s. It was announced not by AIC director Douglas Druick, but rather by David Thurm, Chief Operating Officer of the Art Institute. Druick has said, however, that he wanted to beef marketing — I trust this simply means he is comfortable letting Thurm manage his areas of the museum.

Not too long ago, I heard that the Art Institute’s new wing, which opened in 2009, hasn’t brought the crowds that were expected. Yes, attendance surged that year to about 1.85 million, but it settled back — as is normally expected — in 2010 to 1.6 million. I haven’t yet seen numbers for 2011, but the AIC had similar attendance in 2002 through 2005, and it was higher in 2001. So was the expansion a wash in terms of drawing visitors?  

The Art Institute is hardly alone among museums in needing better marketing, and this could end up being a brilliant move — even if it is reminiscent of Al Taubman talking about marketing art being the same as marketing root beer, way back when he bought Sotheby’s.

As my friend Ron Culp, a long-time Chicago-based PR and marketing expert, with a long-standing familiarity with the Art Institute, says:

That certainly is an unconventional hire. I’m encouraged, however, by institutions that take creative risks when it comes to marketing and communications. They’ve found that traditional cultural marketing doesn’t necessarily cut it like in the good old days.  His grassroots, store-by-store targeting of individual customer wants could lead to a refreshing change of approach for this staid institution. Will be on the lookout for changes at Michigan and Adams.

Indeed! These two appointments suggest big changes at both institutions.

 

Photo Credits: Courtesy of the Tate Modern (top) and Art Institute of Chicago (bottom)

*I consult to a foundation that supports the Met

 

George Clooney Takes Nazi Looting To The Big Screen

Just when I got tired of watching George Clooney — courtesy of The Descendants, which I thought was rather a boring movie, though I know I am in the minority (I found The Ides of March to be more entertaining) — he comes up with a project I probably will want to watch.

robert-edsel.jpgOn Saturday, at the Palm Springs International Film Festival, Clooney said he’s going to make a movie telling the story of the Monuments Men — the American men and women who worked in Europe after World War II to rescue art that had been looted by Hitler and his henchmen.

Clooney is reportedly writing the script with Grant Heslov, his regular production partner, and plans to both star in and direct the film. 

The movie will focus on the art historians who landed at Normandy — a “group of 11 civilian art experts [that] included Lincoln Kirstein, the founder of the New York City Ballet; George Stout, who worked at Harvard’s Fogg Art Museum; and James J. Rorimer, from the Metropolitan Museum,” according to John Horn of the Los  Angeles Times, who added:

The team had never trained for combat, and yet they faced live fire–two of them even died on the mission. Even though the experts were mere privates, they occasionally had to shout out battlefield instructions–“Don’t aim your tank over there, that’s the Leaning Tower of Pisa!” Clooney suggested–to preserve the works of art they were charged to find.

The announcement is another coup for Robert Edsel (above), whose 2009 book The Monuments Men, and website, has done well spreading the word of this marvelous moment in American history and art history. I last wrote about him here, when his Monuments Men Foundation for the Preservation of Art found a woman member of the team still living in Boston: Mary Regan Quessenberry. She died in 2010.

Edsel is from Dallas, and the Dallas Morning News has an article today saying Edsel’s ” passion has drawn the attention of George Clooney.” I think it’s more than that. As I recall, from a contact made some years ago, when Edsel published his first book, he has connections to Luke and Owen Wilson. 

Clooney hasn’t cast the movie yet, so now’s the time to weigh in. What role should he play? And who should play the others?

Photo Credit: Courtesy of the Dallas Morning News

 

 

Skate’s Investment Report, Part Two: The Best And Worst Artists, 2011

There’s more gold in the annual art investment report from Skate’s, Part 2. (Comments on Part 1 are here.)  And it involves what the market is saying about individual artists.

fu-baoshi-1904-1965-china-lady-in-solitude-2873243.jpgFirst some context: In its survey, Skate’s included sales from 30 auction houses around the world, and concluded that “throughout 2011 the art market has resisted pervasive global economic turmoil and instability, with its high-end segment growing on every measure in 2011 compared to 2010.”

As I said the other day, more than 2,000 art works sold for more than $1 million last year; now this report says that 721 works sold in 2012 for more than $2.1 million, the figure that vaulted a work into the Skate 5000, the world’s most valuable art works according to auction house records. Those 721 lots were created by 250 artists, 81 of which were new to the top 5000 hit list.

With those numbers out of the way, let’s look at some of the artists in the report. Skate’s analysis goes beyond the top prices of the year (although they are in the report, too) to more interesting items.

Who are the ten “most liquid” artists, for example, with the highest number of repeat sales in 2011? You can probably guess that Andy Warhol is at the top (9 last year), but who’s next? Monet, Picasso, Richter and Basquiat, in that order. Then Calder, Leger…etc. (See the report.)

Which art work sold last year earned the greatest return? Skate’s says it was Lady in Solitude (above) by Fu Baoshi (who will soon have a show at the Metropolitan Museum,* coming from the Cleveland Museum of Art and opening on Jan. 21). Someone bought Lady three years ago for $262,830 and sold it last year for more than $1.9 million, an annualized investment return of 93.82%.

Works by two other Chinese artists came next, Zao Wou-ki and Chu Teh-Chun, followed by Richter and Polke. I don’t think one can extrapolate much from those five examples, except perhaps that some people are cashing out of Chinese art. Skate’s does note, though, that this is Richter’s second consecutive time with a top five return, both for abstract works from the same period.

__22Abstraktes_Bild_22__1997_Gerhard_Richter_m.jpgThe lack of liquidity in art shows up in the five works with the lowest rate of return: by Lichtenstein, Warhol, Cranach the Younger, Wesselman and Hesse. Lichtenstein’s Still Life with Mirror, purchased last May for $5.8 million, had been bought for $9.6 million three years before — a big loss.

But none of the works in this category had been held for more than 4 years, which was probably the cause of the loss — not necessarily the quality of the picture. Were they fire sales? Perhaps a longer holding period would have led to a return.

Skate’s calculates the top ten losers by looking at artists whose works — many works and works losing much value — were forced out of the top 5000. One can see trends here. Both number and value lists are topped by Renoir, followed by Monet in numbers and Pissarro in value. Of living artists, Damien Hirst figures in both lists, probably cheering David Hockney.

But not for long. Who, according to Skate’s, are the most valuable living artists? In order, the top ten are Richter (his record-setter, above), Koons, Johns, Hirst, Zao, Prince, Zhang, Doig, Zeng, and Ruscha. Freud and Twombly fell off because of their deaths.

One can make too much of this kind of analysis — but we won’t. To me, it’s just fun and somewhat fascinating to use analytical tools on art. Take a look — these are just the highlights; there’s more.

Photo Credits: Courtesy of Sotheby’s (top) and Bui Gallery (bottom)

*I consult to a foundation that supports the Met. 

 

Skate’s Scary Art Investment Report: Fighting Words?

Right before Christmas, Skate’s released its annual art investment report, and everyone interested in the future of museums will want to read it.

Skate’s calculates that the total of art trading worldwide grew close to $80 billion last year — that’s about the same as it was in 2006-2007, before the economic meltdown. Startlingly, Skate’s said, the auction houses sold more than 2,000 lots for $1 million or more, and Skate’s figures that dealers made a similar number of 7-figure (or more) sales in their galleries and during art fairs.

Art-Money-Pile.jpgThat’s because, as the report begins,

 

The concept of art as an investment has emerged from something viewed as vulgar and inappropriate less than ten years ago to the mantra of the art trade today. It is a concept that has helped to drum up demand for works in the midst of economic turmoil and garner the attention of new buyers, thus expanding the addressable market for art dealers and auction houses.

And now, Skate’s says, the future will

 

…follow two distinct trends: segregation of the investment quality art market and the rapid transformation of a cottage art trade industry into an increasingly efficient corporate structure, with supply chain management and a retail system more efficiently linking artists and consumers.

 

 

If it stopped there, so what? But Skate’s report has dire predictions for museums. The firm predicts that, because of the acceptance of art as an investment, and the ensuing development of art investment funds, there will more securitization of art. Then, in turn, the cash squeeze in governments will lead them to see museums as

“government-owned treasuries that can help balance government deficits by using capital markets and modern finances to unlock the value of their vaults without necessarily selling significant volumes of art treasures (de-accessioning” in museum terminology). Cash from capital markets can be used to finance museum budget deficits.”

The infrastructure, Skate’s says, is there. Surprisingly, the report predicts that the change will come from museums themselves because

…museums must look for novel ways to fund their operating budget deficits in an era where Western public finances can only be considered a mess.

All this comes before the end of page three of a 10-page report. Although it does not make distinctions between museums in the U.S. and Europe, it’s well worth reading — even if it’s the worst case scenario for museum collections, if only to prepare for the worst.

 

 

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About Judith H. Dobrzynski

Now an independent journalist, I've worked as a reporter in the culture and business sections of The New York Times, and been the editor of the Sunday business section and deputy business editor there as well as a senior editor of Business Week and the managing editor of CNBC, the cable TV

About Real Clear Arts

This blog is about culture in America as seen through my lens, which is informed and colored by years of reporting not only on the arts and humanities, but also on business, philanthropy, science, government and other subjects. I may break news, but more likely I will comment, provide

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