TEFAF 2020 Report: Art Patronage in the 21st Century
On March 6, 2020, at MECC in Maastricht, Netherlands, TEFAF Maastricht unveiled its yearly Art Market Report titled 'Art Patronage in the 21st Century.' The event concluded prematurely on March 11 due to the coronavirus outbreak. Compiled by Anders Petterson from ArtTactic, the report investigates private donations to the visual arts, focusing on changes influenced by technology and generational shifts. A roundtable discussion included Rima Mismar, Georgina Adam, Charlotte Appleyard, and Nanne Dekking, with Thomas Marks as the moderator. The research delves into global patronage frameworks such as the Delfina Foundation and G.A.S. Foundation. Petterson differentiates between patronage and philanthropy, highlighting ethical responsibilities among younger generations and forecasting a greater dependence on digital resources and renewed recognition of art's societal significance.
Key facts
- TEFAF Maastricht 2020 held on March 6, closed early on March 11 due to coronavirus.
- Art Market Report 2020 theme: 'Art Patronage in the 21st Century'.
- Report authored by Anders Petterson, founder of ArtTactic (London, 2001).
- Roundtable participants: Rima Mismar, Georgina Adam, Charlotte Appleyard, Nanne Dekking, moderated by Thomas Marks.
- Study covers private philanthropy in visual arts, technological and generational shifts.
- Innovative patronage models include Delfina Foundation, G.A.S. Foundation (Yinka Shonibare), and others.
- Petterson notes blurring of patronage and philanthropy; Delfina Entrecanales quoted.
- Coronavirus expected to test art organizations, increase digital patronage.
- 90% of US museum funding is private; Europe relies more on public funds.
- New generations prioritize experiences over objects, using platforms like Kickstarter.
Entities
Artists
- Yinka Shonibare
- Delfina Entrecanales
Institutions
- TEFAF
- ArtTactic
- AFAC (Arab Fund for Arts and Culture)
- The Art Newspaper
- Financial Times
- Royal Academy of Arts
- Artory
- Apollo
- Delfina Foundation
- Second Floor Studios & Arts
- Fondazione Patrizia Sandretto Re Rebaudengo
- African Culture Fund
- G.A.S. Foundation (The Guest Artists Space)
- W8 Advisory
- Tata Trust's Art & Culture
- Kickstarter
- Patreon
- MECC
- Artribune
Locations
- Maastricht
- Netherlands
- London
- United Kingdom
- Italy
- Lebanon
- Africa
- Nigeria
- India
- Asia
- Middle East
- Latin America
- Europe
- USA
- South Asia
- Bangladesh
- Pakistan