ARTFEED — Contemporary Art Intelligence

New Museum launches $80 million expansion campaign for 40th anniversary

institutional · 2026-04-20

An $80 million fundraising initiative has been launched by the New Museum in New York to support program expansion. The campaign coincides with two significant milestones: the institution's 40th anniversary and its 10th year at its Bowery location. Already, $43 million has been contributed by multiple board of trustees members. This museum remains unique in New York City for its exclusive dedication to contemporary art and living artists. The institution recently presented its second triennial exhibition in 2015.

Key facts

  • The New Museum launched an $80 million campaign
  • The campaign marks the museum's 40th anniversary
  • It also marks 10 years at its Bowery location
  • $43 million has already been donated
  • Donations came from several board of trustees members
  • Funds will support expansion of museum programs
  • The New Museum is the only New York institution solely focused on contemporary art
  • The museum focuses on documentation of living artists
  • The museum hosted its second triennial in 2015

Entities

Institutions

  • New Museum
  • ArtReview

Locations

  • New York
  • United States
  • Bowery

Sources