Often described as "the Olympics of the art world", participation in the Biennale is a prestigious event for contemporary artists.
The festival has become a constellation of shows: a central exhibition curated by that year's artistic director, national pavilions hosted by individual nations, and independent exhibitions throughout Venice.
The Biennale parent organization also hosts regular festivals in other arts: architecture, dance, film, music, and theater.
Nations that own their pavilion buildings, such as the 30 housed on the Giardini, are responsible for their own upkeep and construction costs as well.
[2] The cooperation between Finland, Norway and Sweden in Venice was initiated in 1962 after the completion of the Nordic Pavilion.