88% of New Collectors Ready to Donate More to Museums, Avant Arte Report Finds
The second edition of Avant Arte's Collector Report, titled 'A New Generation of Patrons,' reveals that 88% of new-generation collectors have both the resources and desire to increase donations to public museums. The survey of 3,100 international collectors from Avant Arte's community, supplemented by interviews with institutional partners and artists, shows that 86% consider museums an indispensable social good, and 92% agree on their central role in conservation, education, and art promotion. However, 75% believe museums should improve engagement with younger audiences, including through social media. Half of the collectors are under 40, two-thirds under 55, hailing from over 100 countries, with concentrations in North America, Western Europe, and East Asia. Passion for collecting and self-expression drive most, with only 7% citing status. Over one-third spend more than €10,000 annually on art, with the highest share from East Asia, particularly South Korea, where two-thirds exceed that amount. The report highlights a 48% increase in willingness to donate compared to 2024, with 94% recognizing the need for additional support. Key motivators include perceived exchange (82%) and alignment with institutional mission (79%). Two-thirds favor greater transparency on donation impact. Avant Arte was founded by Curtis Penning, Christian Luiten, and Mazdak Sanii to expand art access through limited editions and direct sales.
Key facts
- 88% of new collectors have resources and desire to donate more to museums
- Report based on survey of 3,100 international collectors from Avant Arte community
- 86% consider museums an indispensable social good
- 92% agree museums are central to conservation, education, and promotion
- 75% believe museums should improve engagement with younger audiences
- Half of collectors are under 40, two-thirds under 55
- Collectors from over 100 countries, concentrated in North America, Western Europe, East Asia
- Over one-third spend more than €10,000 annually on art; South Korea highest share
- 48% increase in willingness to donate compared to 2024
- Avant Arte founded by Curtis Penning, Christian Luiten, and Mazdak Sanii
Entities
Institutions
- Avant Arte
- Artribune
Locations
- North America
- Western Europe
- East Asia
- South Korea