Faena Art

Name

Faena Art

Legal name

Faena Art

Website

https://faenaart.org

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Arts & Cultural Services

NAICS

Museums, Historical Sites, and Similar Institutions (7121), Museums, Historical Sites, and Similar Institutions (712), Independent Artists, Writers, and Performers (7115)

SIC

Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Arts, Culture, Entertainment & Fan Conventions Organizers (THAHABAN)

akta.pro secondary industry

Performing Arts & Cultural Event Venues (Theaters, Museums) (THAHAAAG)

Keywords

• Contemporary art nonprofit
• Site-specific installations
• Art commissioning platform
• Immersive art experiences
• Cross-disciplinary arts

Headquarters

HQ city

Miami Beach

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Others, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Donations and Fundraising: Faena Art is a 501(c)(3) nonprofit organization. Primary revenue comes from donations, corporate sponsorships, and fundraising activities including an annual fundraiser gala and spring dinner events. Donations are solicited through the website and at events.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Faena Art is a 501(c)(3) nonprofit organization that commissions, produces, and houses cross-disciplinary artistic experiences through site-specific installations, immersive performances, digital art, and community programming. It operates physical cultural venues in Buenos Aires (Faena Art Center), Miami Beach (Faena Forum, Faena Art Project Room, Faena Beach, Faena Cathedral), and New York (Faena New York), presenting free public programming including the flagship annual Miami Art Week and the biennial Faena Prize for the Arts ($100,000 award).

Differentiator

Problem solved

Functional benefit

Products and services

• Faena Prize for the Arts A biennial art award founded in 2012, recognized as one of the Americas' most prestigious art prizes, awarding $100,000 total to artists at all career stages for innovative, site-specific temporary projects. Open to international submissions through an open call process.
• Digital Art Program An ongoing curated selection of video and digital artworks presented as a living exhibition in the corridor of Faena New York. The program expands beyond traditional gallery format by introducing works that unfold through time, movement, and image, serving as a platform for emerging voices and continued collaboration with artists from Faena Art's history.
• Miami Art Week The flagship annual programming event featuring site-specific commissions, performances, music series, partner activations, and immersive installations across the Faena District in Miami Beach, including Faena Beach, Faena Cathedral, Faena Forum, and the Project Room.
• Faena Art Project Room A dedicated experimental art space at 3420 Collins Ave., Miami Beach, open to the public Thursday through Sunday from 2pm to 7pm. The space commissions interdisciplinary artists who engage with the community through programming and interact with interior and exterior spaces in a forward-thinking manner.
• Music Series An ongoing music and performance programming series presented as part of Faena Art's cultural programming, free and open to the public.
• Annual Fundraising Gala An annual fundraising gala and spring dinner events serving as high-profile distribution channels for donor engagement, corporate sponsorships, and art sales benefiting Faena Art programming.
• Community Programming Free community-focused programming and special initiatives that engage local audiences and foster new models for social interaction transcending traditional boundaries between art, science, philosophy, and social practice.

Quantifiable outcome

• The 2022 Faena Prize attracted over 395 proposals from more than 72 countries, demonstrating global reach.
• +2 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature3 records

Partnerships

14 partnerships are on record, tiered flagship, minor and core.

• Chase Sapphire ReserveflagshipGTM or Marketing Partner · 1 December 2025Chase Sapphire Reserve is the presenting sponsor of Miami Art Week 2025 at Faena Art, supporting Es Devlin's 'Library of Us' installation and the overall programming. The partnership also extends to the Grand Opening After Party events.
• Francis Mallmann and Paul QuiminorGTM or Marketing Partner · 1 January 2025Celebrated chefs Francis Mallmann and Paul Qui provide culinary experiences at Faena Art galas and events. Both have been recurring culinary partners across multiple years of Faena Art programming.
• Pinacoteca di Brera / Salone di Mobile (Milan)minorStrategic or Co-development Partner · 1 January 2025Es Devlin's 'Library of Us' at Faena Art was an evolution of her 'Library of Light' installation at Pinacoteca di Brera with Salone di Mobile in Milan, Italy, earlier in 2025.
• Oolite ArtsminorGTM or Marketing Partner · 1 January 2025Oolite Arts supports Miami-based artists featured at Faena Art. Luján Candria, a 2025 Project Room exhibitor, is a recipient of the 2025 Ellies Creator Award from Oolite Arts. Oolite Arts is described as one of the largest visual artist support organizations in Miami.
• Bakehouse Art ComplexminorGTM or Marketing Partner · 1 January 2025Luján Candria is an artist-in-residence at the Bakehouse Art Complex (BAC) in Miami. The BAC supports artists featured at Faena Art's Project Room.
• Brugal 1888, Château La Gordonne, Fever-Tree, Komos Tequila, Perrier, Red Bull, Saint James Iced TeaminorGTM or Marketing Partner · 1 January 2025Multiple beverage and hospitality brands provided generous support for Miami Art Week 2024 programming, including Francis Mercier's after party and Fat Boy Slim's opening party. These sponsors have also supported past Miami Art Week editions.
• Massimo DuttiminorGTM or Marketing Partner · 1 December 2024Massimo Dutti partnered with Faena Art to present Marina Abramovic's 'Nomadic Journey and Spirit of Places' at the Faena Art Project Room in December 2024. The exhibition featured works compiled into a coffee table book.
• No Vacancy (City of Miami Beach)coreGTM or Marketing Partner · 1 January 2024No Vacancy is a program commissioned by the City of Miami Beach in collaboration with the Miami Beach Convention and Visitors Authority. It partners with Faena Art to commission site-specific installations at Casa Faena and other locations, including Magnus Sodamin's 'Reflections of Florida Wild' and Pepe Mar's 'Tropical Stomping Grounds'.
• HeinzminorGTM or Marketing Partner · 1 January 2024Heinz collaborated with Faena Art on the 'ángeles veloces arcanos fugaces' Roller Dancing Rink at Faena Forum (May 2024), providing a culinary experience alongside the installation.
• Shibui, Fever Tree, PerrierminorGTM or Marketing Partner · 1 January 2024Shibui, Fever Tree, and Perrier provided generous support for the 2024 Annual Fundraising Gala 'The Garden of Earthly Delights'.
• AoristcoreStrategic or Co-development Partner · 1 November 2022Aorist is a strategic partner for Faena Art's digital art and NFT initiatives. The partnership has produced the 'Aorist Launch Program: Crossroads' featuring AR works (Nancy Baker Cahill, Auriea Harvey), NFT drops, and installations including Quayola's 'Effets de Soir' and Beeple's 'S.2122'. The relationship is ongoing across multiple Miami Art Week editions.
• Bombay SapphireflagshipGTM or Marketing Partner · 1 January 2022Bombay Sapphire presented the 2022 Faena Prize for the Arts, supporting the $100,000 award and the winner's commission at Faena Beach during Miami Art Week 2022.
• The ReefLineminorStrategic or Co-development Partner · 1 January 2021The ReefLine is an underwater sculpture trail project. Faena Art has partnered with The ReefLine to present underwater and ocean-adjacent installations including Carlos Betancourt's 'What Lies Beneath' and Andrés Reisinger's 'Pink Meditation Buoys', and Refik Anadol's 'Machine Hallucinations: Coral'.
• Public Art FundcoreStrategic or Co-development Partner · 1 January 2004The Public Art Fund collaborated with assume vivid astro focus (avaf) in 2004 for the original roller skating rink installation in Central Park, New York, as part of the Whitney Biennial. This historical collaboration established the foundation for avaf's ongoing relationship with Faena Art, which has since commissioned the roller rink concept multiple times across Buenos Aires, Miami Beach, and New York.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• MoMA PS1: A nonprofit contemporary art exhibition space affiliated with MoMA, focused on experimental and site-specific installations. Shares the mission of presenting experimental, often large-format contemporary art to public audiences.

Direct peers

• ICA Miami: A nonprofit contemporary art institution in Miami's Design District focused on solo exhibitions, site-specific installations, and programming by emerging and established artists. Operates a similar free-admission, artist-commissioning model in the same Miami market.
• New Museum: A New York City nonprofit dedicated to contemporary art, with a strong track record of commissioning new work by emerging and mid-career artists. Operates a similar artist-residency and exhibition-driven programming model in NYC, where Faena Art also has a presence.
• Rubell Museum: A private contemporary art museum in Miami that exhibits major international contemporary artists and is part of the Rubell family's broader cultural ecosystem. Comparable in scale, Miami location, and emphasis on immersive contemporary programming.
• The Bass Museum of Art: A contemporary art museum in Miami Beach presenting international art through exhibitions, education, and public programming. Comparable in scale, location (Miami Beach), and focus on contemporary site-specific and cross-disciplinary work.
• MASS MoCA: A large-scale contemporary art museum known for commissioning ambitious, multi-year site-specific installations by leading artists. Comparable in emphasis on long-duration, large-format commissions and immersive cross-disciplinary programming.
• The Fabric Workshop and Museum: A Philadelphia-based nonprofit that works directly with artists to create new work through residencies and commissions, then exhibits and collects the results. Shares Faena Art's model of artist commissioning, site-specific production, and cross-disciplinary experimentation.
• Pérez Art Museum Miami (PAMM): A contemporary art museum in Miami whose mission to present international modern and contemporary art in a public-facing venue closely aligns with Faena Art's programming model in the same city. Both institutions operate free or low-cost exhibitions and serve as anchor cultural institutions in Miami's art ecosystem.

Emerging players

• Art Basel Miami Beach: The flagship U.S. edition of the world's leading art fair, held during Miami Art Week. While for-profit and gallery-focused rather than nonprofit-driven, it competes for the same audience attention, sponsor dollars, and artist pipeline during Faena Art's signature week.
• Design Miami: A satellite design fair running parallel to Art Basel Miami Beach. Adjacent competitor for sponsor attention and high-net-worth audience engagement during the same Miami Art Week window.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/FaenaArt
• Instagraminstagram.com/faenaart
• Xx.com/faenaart
• LinkedInlinkedin.com/company/faena-hotels

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Faena Art