Monday, August 10, 2009
Art Artist Hammers His Way Into the Guggenheim
Posted by Benjamin Sutton on Mon, Aug 10, 2009 at 5:49 PM
In addition to raising the profile of street and graffiti art, the guerrilla donations are aimed at making museum donation programs more favorable for artists. Currently, collectors who donate pieces can reap millions in tax breaks, whereas artists who give pieces to museums only receive compensation for materials. Alexandra Peers of Art in America explains:
A bill has been in both the Congress and the Senate for some months that would amend the IRS code to let writers, musicians, and artists donate their work at fair market value, but is still far from becoming law.
Meanwhile, check out Benote's website to see previous installations and try to figure out what museum he'll hit next.
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