The National Academy of Design (NAD) – the venerable New York-based association of artists and architects established in 1825 – has announced the induction of eight new national academics. Artists Julie Mehretu, Rashid Johnson, Trenton Doyle Hancock, Joanne Greenbaum, Joanna Pousette-Dart, Gary Simmons, Peter Halley and architect Andrew Freear join more than 400 international members of NAD.
The announcement follows the release of a holistic restructuring plan for NAD released in September, in which organizers briefly outline plans to address the institution’s troubled financial past.
Over the past decade, NAD has often lacked funds to honor scholarship and benefit requests from academics. But the institution raised an endowment of $ 66 million between 2016 and 2019 through the sale of the three Upper East Side buildings that housed its headquarters, museum and art school, providing substantial financial stability. long-term.
“This is a transformative time to reinvent America’s oldest artist-run organization and create a national forum for new work and ideas in contemporary art and architecture,” said Gregory Wessner, Executive Director of the NAD. The arts journal. “We are committed to building a transparent, resilient and financially strong organization. “
Part of the restructuring plan includes the construction of a future space comprising temporary and permanent galleries, offices, storage spaces, a research library and other functionalities. The space will not be “a Fine Arts townhouse on Fifth Avenue,” like the museum building that closed in 2016, but will be “a New York space,” Wessner said in a previous interview.
NAD also plans to strengthen its digital programs and will take advantage of the interim to organize satellite exhibitions featuring works from its 8,000-piece collection, such as the traveling exhibition For America: Paintings from the National Academy of Design currently on display at the Crocker Art Museum in Sacramento, California.
The institution, currently headquartered in Gramercy Park, has occupied 14 different spaces throughout its history, relocating as the program needs and finances. The new plan is closely overseen by a group of artists and board members, and is expected to roll out before NAD’s 200th anniversary in 2025.
The Academy was founded by Samuel Morse, Asher Durand, Thomas Cole and other artists to “promote the fine arts in America through education and exhibition.” Over 2,300 academics, from Thomas Eakins to Jasper Johns, have donated works to the institution, a condition of membership.