The Turner Prize, named after the English painter J. M. W. Turner, is an annual prize presented to a British visual artist. Until 2017, only artists under the age of 50 were eligible. Awarding the prize is organised by the Tate gallery and staged at Tate Britain. Since its beginnings in 1984 it has become the UK's most publicised art award. The award represents all media.
As of 2004, the monetary award was established at £40,000. There have been different sponsors, including Channel 4 television and Gordon's Gin. A prominent event in British culture, the prize has been awarded by various distinguished celebrities: in 2006 this was Yoko Ono, and in 2012 it was presented by Jude Law.
It is a controversial event, mainly for the exhibits, such as The Physical Impossibility of Death in the Mind of Someone Living – a shark in formaldehyde by Damien Hirst – and My Bed, a dishevelled bed by Tracey Emin. Controversy has also come from other directions, including a Culture Minister (Kim Howells) criticising exhibits, a guest of honour (Madonna) swearing, a prize judge (Lynn Barber) writing in the press, and a speech by Sir Nicholas Serota (about the purchase of a trustee's work).
The prize was named after Turner because while he is now considered one of the country's greatest artist, while he was active his work was controversial. While he is now looked at as a traditionalist, his new approach to landscape painting changed the course of art history, as many of the Turner Prize winners aspire to do.
Each year after the announcement of the four nominees and during the build-up to the announcement of the winner, the Prize receives intense attention from the media. Much of this attention is critical and the question is often asked, "Is this art?"