Art Fund Prize increases value 40%
The Art Fund Museum of the Year award, already the most valuable museum prize in the world at £100,000 for the winner, is to increase the purse by £40,000 in 2017.
The extra money will be shared among the four runners-up, said the Art Fund’s director Stephen Deuchar today.
“In these uncertain times museums are a trusted public realm whose collections and programmes can help people make sense of the world we live in, and where we may be going” he said. “Whatever the challenges of the moment, museums and galleries across the UK are forces of innovation, driven by some of the best cultural leaders anywhere”.
The 2016 winner was the V&A which is devoting the prize money to recreating the Circulation Department, which took specially curated exhibitions to venues around the country. Deadline for applications for the 2017 prize is February 9 and the winner will be announced at the British Museum in July.