The Turner Prize, named after the English painter J. M. W. Turner, is an annual prize presented to a British visual artist under the age of 50. Awarding the prize is organised by the Tate gallery and staged at Tate Britain. Since its beginnings in 1984 it has become the United Kingdom'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. The prize has been awarded by various distinguished celebrities: in 2006 this was Yoko Ono, and in 2012 the award 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).