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No Longer Art

Broken Jeff Koons Balloon Dog [credit: John Reed, Slate.com]

Broken Jeff Koons Balloon Dog [credit: John Reed, Slate.com]

The Salvage Art Institute, a New York based project started by artist Elka Krajewska, surveys, catalogues, and investigates the status and value of art objects once they succumb to the effects of decay, damage or destruction. Its mission statement reads:

Salvage Art Institute works to confront and articulate the condition of no-longer-art-material claimed as “total loss”, resulting from art damaged beyond repair, removed from art market circulation due to its total loss of value in the marketplace yet stored in art-insurance claim inventory.

A recent exhibition and roundtable assembled artworks and people to explore

a group of objects related primarily through their “total loss” status. Developed by Krajewska and GSAPP Exhibitions with the participation of AXA Art Insurance Corporation, “No Longer Art: Salvage Art Institute” engages an actuarial logic that delivers a series of curious reversals.

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