Dallas Museum of Art acquired 12 works from 9 artists at the Dallas Art Fair using a $100,000 fund. Curators received up to a 30% discount on the works purchased, according to an ARTNews article. They say,
“On Wednesday, curators from the Dallas Museum of Art gathered at the Dallas Art Fair to decide which works they would acquire for the museum using the $100,000 raised for the Dallas Art Fair Foundation Acquisition Program. And then the haggling began.
DMA curators who acquire works through the fund can expect up to a 30 percent discount on works picked up the day before the fair begins. In the end, the curators were able to buy 12 works from 9 artists: Chelsea Culprit, Uuriintuya Dagvasambuu, Karla Diaz, Michael Dumontier & Neil Farber, Riley Holloway, Yifan Jiang, Yowshien Kuo, Masamitsu Shigeta, and Nishiki Sugawara-Beda.”
The purchase of contemporary art at the Dallas Museum of Art was made possible through the Dallas Art Fair Foundation Acquisition Program, according to a Glasstire article. They say,
“The purchase was funded by the Dallas Art Fair Foundation Acquisition Program, an annual gift from the fair and donors that supports the acquisition of contemporary works for the DMA’s permanent collection. Since 2016, when the acquisition program was established, the foundation has funded $775,000 of art for the museum. This year’s grant of $100,000 was used to acquire works by Texas artists Riley Holloway, Nishiki Sugawara-Beda and Yifan Jiang. Additionally, of the 12 total works purchased, half were from artists represented by Dallas-based galleries. See the bottom of this story for the full list of artists whose pieces were acquired.”
Dr. Brodbeck, along with Dr. Vivian Li, Dr. Nicole R. Myers, and a group of fund donors, carefully selected the artists whose works were acquired for the museum. The chosen artists include Chelsea Culprit, Uuriintuya Dagvasambuu, Karla Diaz, Michael Dumontier & Neil Farber, Riley Holloway, Yifan Jiang, Yowshien Kuo, Masamitsu Shigeta, and Nishiki Sugawara-Beda.