It’s Time to Rethink the 50/50 Split With Art Galleries

It’s Time to Rethink the 50/50 Split With Art Galleries

Why should the creator of the artwork only get 50%? (edit Valentina Di Liscia/Hyperallergic) August is when the capitalist parts of the art world go to sleep. This summer’s pause by the Art Dealers Association of America’s Art Show (ADAA) makes that quiet feel even heavier. The fair has long been a commercial anchor for blue-chip galleries, but also a major fundraising engine for the Henry Street Settlement, a 130-year-old community nonprofit. W…