Friday, January 17, 2020

The K Foundation and the Destruction of Money as Art


     In 1993, British artist Rachel Whiteread received a nomination for the coveted Turner Prize as administered by the Tate Gallery in London. At the same time, she received a less prestigious nomination for the worst work of public art from The K Foundation. The latter appeared to be a dubious reward but the concept of “dubious” is a subjective one.
     In 1992, the government began demolishing a neighborhood of decrepit Victorian houses and apartment buildings. Rachel Whiteread had an idea for an art project and succeeded in purchasing one of the homes before the demolitions began. At the same time, Bill Drummond and Jimmy Cauty, the two members of an acid house band called The KLF were wondering what to do with all the royalties they had made from record sales. That was neither here nor there for Whiteread; she was busy making plans to gut the Victorian and fill it with concrete. By the Autumn of 1993, the outer walls and scaffolding used for support during the construction of the sculpture were removed. The new public art object, titled House, was revealed: a white concrete cast of a house that looked like a giant backwards E from one angle while from every other angle it looked like what it was, a giant concrete cast of a house. Some people thought of it as another concrete monstrosity in a country that did not need any more concrete monstrosities. Others thought the work disrespected the history of the neighborhood, a lower class enclave being razed for gentrification. Whiteread, to some, looked like an upper class snob who, without any knowledge or interest in the people who had lived there before, dumped tons of money into a project that would soon be demolished anyway.
     Earlier that year, strange advertisements began appearing in British newspapers. With big letter K’s and slogans like “Divide and Kreate”, The K Foundation started a buzz in the underground art scene amongst other places. Some of the ads announced the release of a new single called “K Cera Cera”. The song would be unavailable in any format until word peace was achieved or so the announcements proclaimed. “Abandon all art now” was another slogan used.
     When the announcements for the four finalists in the 1993 Turner Awards were made, The K Foundation released another bunch of advertisements, this time asking readers to vote on the worst work of public art made during 1993. Not coincidentally, the same four finalists for the Turner Prize were also the four choices on offer for the K Foundation award. Of even more interest was the reward the K Foundation winner would receive. 40,000 British pounds were to be given out, twice the amount of the more prestigious Turner Prize winnings.
     Drummond and Cauty were putting together their first installation piece. Called Money: A Major Body of Cash, it consisted of piles of banknotes nailed to various everyday objects like a boat, a table, and other common things. One piece titled Nailed To a Wall had one million pounds sterling nailed to a wooden board. They intended to sell it for 500,00 pounds, half the value of the cash used to execute it. As The K Foundation explained, the buyer of the art object had a choice; they could either destroy the piece by removing the bills and doubling the value of their initial investment or they could wait and see if the monetary value of the work would fluctuate or even increase in the future. Drummond and Cauty tried unsuccessfully to have their installation pieces shown in the Tate Gallery as well as other major art museums in Europe. Nobody wanted anything to do with it though. The pair tried to make arrangements to tour with it across either Russia or America but no insurance company would underwrite the project. Finally they succeeded in negotiating a chance to show it in Dublin’s Kilmainham Jail but in the end they chose not to.
     When the beginning of 1994 rolled around, announcements were made for the winner of the Turner Award. Rachel Whiteread won for her public sculpture House. At the same time time, the winner of the K Foundation prize was announced. Rachel Whiteread won for her piece House also, dubbed the worst piece of public sculpture in London. When contacted, Whiteread at first refused to accept the prize of 400,000 pounds but it was explained to her that if she did not take it, the money would be destroyed. In the end she decided to accept the prize. She gave one part of the money to a charity and another part of it to a fund that helps young artists without money get started in their careers.
     But The K Foundation’s piece Nailed To a Wall still did not attract any buyers. The two artists were not happy with the idea of showing their work in an Irish jail, so they came up with a better idea. They burned the entire one million pounds in an incinerator on the Scottish island of Jura. The event was filmed by a friend named Gimpo using a handheld Super 8 camera. Not all the money burned though; some of it went up the chimney and blew away in the wind. The hour long film was titled Watch The K Foundation Burn a Million Quid. Drummond and Cauty had finally caught the art establishment’s attention. Several galleries and lecture halls invited them to show their film. They pair toured the U.K., with a suitcase full of ashes leftover from the fire. After playing the movie, most often to small audiences, the floor was opened up for a question and answer session to get the audiences’ reactions.
     Opinions were mixed. Many could not understand why they would destroy a small fortune in that way. The K Foundation could not precisely answer why they did it either. They did say that royalties from The KLM sales gave them enough money to live comfortably and everything else they made was just extra cash they didn’t need. Some people objected to the waste of money that could have been used for a good cause but a counter-argument to that might be that public works of art are just as much a waste of money. How often do members of the general public look at some mediocrity of an abstract sculpture on a street corner or an island road divider and ask why somebody would make such a thing? And couldn’t they have put the money to better use like feeding poor people or paying for children’s education? Does anybody actually benefit from public art, especially when no one likes it or understands it?
     The K Foundation later tried to sell the ashes from the burnt money but nobody wanted it.
     To wind the anti-art event down, The two members of the K Foundation rented a car in Scotland and drove it to the cliffs of Cape Wrath. They signed a contract stating that Bill Drummond and Jimmy Cauty would begin a moratorium and never talk about the burning of their money for 23 years. After signing the document, they locked it in the car and pushed it over the cliff. The event was well covered by the press.
     World peace never happened. Seeing as they had previously announced that such an accomplishment would be the necessary precondition for the next KLF single to be released, they found a way to get through their own loophole. While The K Foundation were busy at work burning cash, they quietly released their next single “K Cera Cera”. But it was put out in as a limited edition without any publicity, solely in Israel and Palestine. Due to breakthroughs in negotiations between the Israeli government and the Palestinian Liberation Organization, the song was meant to encourage further discussions on solving political conflicts without war. Furthermore, the song was not officially done by The KLF since the song was released under the band name The K Foundation Presents the Red Army Choir. Five years later, militants from the Gaza Strip embarked on a long-running campaign of suicide bombings and terrorist attacks.
     The K Foundation finally announced that they would never record another song ever again. But soon after that announcement, NME ran an article stating that a new K Foundation track had been released on Help, a CD produced to raise money for charity. The drum ‘n bass track named “The Magnificent” was credited to The Massed Pipes and Drums Of the Children’s Free Revolutionary Volunteer Guards. The single immediately rose high up in the British music charts.
     On Christmas Day of 1995, the K Foundation decided to hold one last happening. They filled up a van with cases of Tennant’s Super, a high-alcohol content beer. They drove to the Waterloo subway station in London with the intention of distributing it to the homeless people who ordinarily camped out there. When they arrived, the scene was deserted. The homeless population had accepted invitations to be fed dinner at charities located near that area.
     That was the final happening of The K Foundation.

References
Dwyer, Simon, editor. Rapid Eye 3. Creation Books, London: 1995.
Home, Stewart. Neoism, Plagiarism & Praxis. AK Press, Edinburgh & San Francisco: 1995.






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