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Abstract:
In this first in a series, We the People of North Carolina magazine plans to tell the story of corporate activity in the arts within our state. Lewis describes the art collection of Wachovia Bank.
Abstract:
Hundreds of years ago artists could depend upon patrons of their work to be the nobility and the church. Now a new patron has emerged within the state and across the country -- corporations. Galleries and artists report a growing number of corporations are buying works to enhance the environments of their workers and to build company art collections. Galleries report that purchases can range from $5,000 for a single work to $500,000 for acquisitions for an entire building.