Every year, UBS and economist Clare McAndrew publish a report that analyzes the global art market. In addition, for the first time, McAndrew has also released a second report dedicated to the role played by cities in the United States in the global art market. According to the report, although star artists only make up 4 percent of what appears in the Wondeur AI database, they are the subject of 47 percent of institutional exhibitions and 23 percent of exhibitions in commercial galleries. On the other hand, emerging artists make up 84 percent of the database, but only 17 percent of institutional exhibitions and 36 percent of gallery exhibitions.
The report also revealed that gender parity has not yet been achieved in these cities, with women's programs representing between 30 and 45 percent of the shows in each urban center surveyed. New York City has a risk appetite score of 82 for galleries and 70 for museums, while its performance score is 21 for galleries and 36 for museums. Galleries scored the best risk appetite score for male and female artists, with a score of 83 for both. New York museums obtained the best risk appetite score for male artists (7) and the second best for women (6).Los Angeles has long been known as a city that encourages diverse experimental practices since the 1960s.
The city's art scene is nourished by its group of major art schools, which have attracted some of the country's best artists as teachers. In recent years, Los Angeles' international profile has grown with the arrival of first-rate galleries, new private museums, and an edition of the Frieze art fair. San Francisco has had a strong culture since its earliest days, reinforced by key institutions such as SFMOMA, San Francisco Fine Arts Museums, and San Francisco Institute of Art. Notable galleries such as Berggruen, Fraenkel, Jessica Silverman and Jenkins Johnson have also contributed to San Francisco's art scene. The city's risk appetite was 74% for its galleries and 61% for its museums, while its performance score was 16 for galleries and 16 for museums. Chicago's risk appetite was 74% for galleries and 48% for museums, while its performance score was 23 for galleries and 34 for museums.
When analyzing gender breakdowns, Chicago museums scored the best for male artists (5) and the worst for women artists (1). Chicago galleries and museums also had the worst risk appetite scores for women artists, with 68 and 33 respectively. Miami's star has grown over the past two decades due to Art Basel settling in nearby Miami Beach. Meanwhile, museums have built strong programming and have started opening more galleries across South Florida. Miami's risk appetite score was 74 for galleries and 48 for museums, while its performance score was 17 for galleries and 33 for museums. Boulder is home to University of Colorado and is known as a city with “murals” on (almost) every wall.
There are nearly 100 murals in Boulder, which is increasing with events such as Richmond Mural Project that attract artists from around the world every year. Cincinnati may be better known for baseball than fine art but don't rule out Queen City as a top destination for art museums. Founded in 1881, Cincinnati Museum of Art has 88 galleries and is one of the oldest art museums in United States. Berkeley Museum of Art (BAMPFA) recently opened a new facility just outside campus in center of city. BAMPFA is mainly known for its film archive but also contains 19,000 works including Chinese paintings from Ming & Qing dynasties. Charleston is considered to be best city per capita for art lovers in country due to prestigious art festivals such as MOJA Arts Festival, Piccolo Spoleto & Kulture Klash.
If you're looking only at cities with most art-related businesses without taking into account population then Paris would be at top 10 due to Grand Lady of art fairs FIAC & young & upstart Paris Internationale. University cities are meccas for art & art lovers & when it comes to cities with most art collectors then Charleston tops the list due to its numerous festivals & events that attract art lovers from all over world. Other cities that come close are New York City, Los Angeles, San Francisco & Chicago.
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