Global study of private contemporary art museums

The first global study on the setting of privately founded contemporary art museums is published by Larry's List. The study was conducted with the participation of over 160 museums world-wide. South Korea and Germany are in the top 3 countries by number of private art museums.

The report features interviews with various museum founders, including Wang Wei (Shanghai), Walter Vanhaerents (Brussels), and Patrizia Sandretto Re Rebaudengo (Turin).

Private Art Museum Report is available as a free download - register on Larry's List - or can be purchased in hard copy.

Executive Summary

To date there are 317 privately founded contemporary art museums in the world.

The top 5 ranks by number of museums are held by South Korea, Germany, and the United States, followed by China and Italy.

The South Korean city of Seoul leads the ranking with 13 museums, followed by Berlin and Beijing with 9 each.

The average size of a private museum is about 3,400 m2.

More than one third (35%) of private museums have over 20,000 visitors per year.

The average age of a private museum founder is 65 years