What Happened To The $2 Million Marina Abramovic Raised For Her Institute?

The edgy artist, who became world famous for staring down people in her blockbuster 2010 MOMA show, The Artist is Present, touted her multi-million dollar Marina Abramovic Institute for the Preservation of Performance Art as a place for artists to conduct grand experiments. The Yugoslav-born Abramovic also said it would “change the local economy” in Hudson, NY, in much the same way the Sundance Film Festival transformed Park City, Utah, and the Guggenheim Museum changed the Spanish city of Bilbao.