You've probably seen the Washington Review of the arts at the more eclectic newstands around town -- it's a rather thick, bimonthly tabloid that costs $1.50 and is filled with first-person accounts of arts doings and literary essays. Because the 11-year-old review is a nonprofit publication that actually costs a little more than the aforementioned cover price to publish, its publishers are holding a benefit screening of "Le Sang d'un Poete" Jan. 29 at the French Embassy, 4101 Reservoir Rd. NW. The film, a 1930 Surrealist work by Jean Cocteau, is being screened in conjunction with a French Embassy exhibition of Cocteau's prints, drawings and photographs.

"We thought it would be of interest to the literary and artistic people who are its natural audience," said Clarissa Wittenberg, a Washington Review founder and editor. "The film embodies some of the same ideals that we do, as far as involving different artistic disciplines. It's a little historic jewel of a film."

Tickets are $10. For reservations, call 638-0515. Metalwork Show Extended

"Islamic Metalwork," an unusual show of 38 objects at the Freer Gallery of Art, has been extended until Sept. 30. The show was to have closed yesterday, but "we've gotten some good comments on it," said Smithsonian spokeswoman Susan Bliss. "Islamic Metalwork" was the result of intensive technical and historical research and a "major collaborative effort between our curatorial and conservation staffs," she said. "It also has a catalogue with it so that people could really look at it in depth."

The Freer also has gotten positive comments on the installation, said Bliss, who credits new exhibition designer Pat Sears. Sears, who has been hired to design exhibitions at the Smithsonian's soon-to-be-opened Sackler Gallery, repainted the exhibition space at the Freer Gallery as part of his first task at the Freer. Water Proofs

The Audubon Naturalist Society is accepting drawings and maquettes for its spring show, "Water: The Nexus," which is cosponsored by the Washington Sculptures Group. The show will be April 9-30 at Woodend, 8940 Jones Mill Rd., Chevy Chase. Artists are allowed up to three submissions, for a total of 10 35mm slides. For additional information, call 652-9188. Corcoran Art Auction

It was only last Memorial Day weekend that the Corcoran Gallery of Art hosted the annual Corcoran art auction to benefit the Corcoran School of Art, but nine months later, it will be here again. The Sixth Annual Corcoran Art Auction will begin at 7 p.m. Feb. 28 with a cocktail buffet, silent auction and live auction. The Corcoran School is expected to benefit from a wintertime auction. "There is a committee for the auction, and they feel it will be a better arrangement, timewise," says Corcoran Public Relations Director Bobbie Faul of the rescheduled auction date. "The summer season is a busy time and many people are out of town." Impressionism Tickets

The National Gallery is gearing up for "The New Painting: Impressionism 1874-1886," opening Jan. 17, with a new computerized reservation system that will enable visitors to obtain free passes to the exhibition via telephone. The passes can be obtained by calling TicketCenter outlets in area department stores. Passes can also be obtained for same-day use at the gallery's West Building exhibition desk. The special service will be available only for this exhibition. Arts, Etc.

Everybody, it seems, has something to say about the role of television in our society. Including artists. The Washington Project for the Arts will host a panel discussion with three artists -- Miles Decoster, Jenny Holzer and Erika Rothenberg -- at 7 p.m. tomorrow at 400 Seventh St. NW on television's role and how it can be used as an artistic medium . . . Nadine Gordimer, whose latest collection of short stories, "Something Out There," was published last year, will give a benefit reading for the PEN/Faulkner Foundation Friday at the National Press Club, 529 14th St. NW. For tickets, send $10 to PEN/Faulkner Award Fund, PEN/Faulkner Award Office, Folger Shakespeare Library, 201 East Capitol St. SE, Washington, D.C. 20003-1094.