Rise and Rise of the Private Art Museum

The private collectors museum has become a phenomenon of the 21st century, with 70% of those devoted to contemporary art founded in the past 20 years. Georgina Adam's book investigates the reasons behind this boom, the different motivations of collectors to display their art in public, and the various ways in which the institutions are financed.

Format: Hardback
Length: 104 pages
Publication date: 30 September 2021
Publisher: Lund Humphries Publishers Ltd

The private collectors museum has emerged as a remarkable phenomenon of the 21st century, with an astounding 70% of these institutions dedicated to contemporary art having been founded in the past 20 years. While these museums have faced accusations of being tax-evading vanity projects or 'tombs for trophies,' the reality is far more complex and nuanced. Art-market journalist Georgina Adam, author of best-selling books such as "Big Bucks" and "Dark Side of the Boom," delves into this extraordinary proliferation in her compelling new book.

Through her extensive research, which includes visits to over 50 private spaces across the United States, Europe, China, and other regions, Adams explores the reasons behind this remarkable boom. She examines the diverse motivations of collectors to display their art in public, as well as the various ways in which these institutions are financed.

One of the key findings of Adams' investigation is that private museums can play a significant role in enhancing the cultural life of a community. By providing a platform for emerging artists, offering educational programs, and revitalizing declining or neglected regions, these institutions can contribute to the enrichment of society and the arts. However, their relationship with public institutions can also be problematic. Should private museums step in to fill a gap left by declining public investment in culture, and what are the implications for society and the arts?

At a time of crisis in the museums sector, this book offers essential insights and thought-provoking discussions. It raises important questions about the future of private collectors museums and their role in shaping the cultural landscape of the 21st century. By examining the complex dynamics between private collectors, public institutions, and society, "Private Museums: The New Phenomenon" provides a valuable contribution to the ongoing debate about the future of museums and the arts.

Weight: 274g
Dimension: 137 x 207 x 14 (mm)
ISBN-13: 9781848223844