The Payment in Kind Program of the Ministry of Finance and Public Credit (SHCP) was created in 1957, at the initiative of a group of artists led by the renowned Mexican painter David Alfaro Siqueiros.
The program allows Mexican or foreign plastic artists residing in the country to comply with the payment of their taxes, through the donation or provision of works of art made by them for their exhibition and conservation to museums in the country open to the public.
The collection of the program is mainly composed of painting and sculpture, but it has been modified to modernize its operation and currently it also includes formats such as photography, installation and digital art, among others.
For over six decades, the Payment in Kind Program has been a driving force in supporting artistic creation and innovation, which also has contributed to integrate one of the largest art collections in Mexico, including more than 1,500 consecrated and emerging artists with thousands of works in all formats and styles, from monumental paintings to intervened postcards, to name a few.
At present, the Payment in Kind Program constitutes one of the most important collections of modern and contemporary art in Mexico, and represents an international benchmark in terms of the configuration of public and avant-garde tax collections in support of artists.