Тhe Gallery of Matica srpska dates back to 1847, when it was founded in Pest (former part of Budapest, Hungary) under the guidelines of The Matica Srpska Society, the oldest cultural, literary and scientific institution of Serbian people, established in Budapest in 1826. The idea was to create a national collection of Serbian arts. The Matica Srpska Society moved to Novi Sad in 1864. The art collection moved with it, but was not officially shown until 1933. In 1947, this collection, except for art works, was donated to the Museum of Vojvodina, the art works formed a new special collection called The Gallery of the Matica Srpska Society. In 1958, it was relocated to its present building, the former Stock Exchange from 1927. The permanent exhibition (ground and first floor) holds Serbian paintings of 18th and 19th centuries. In 1992, another floor was built to show Serbian art of the first half of 20th century. The gallery now preserves Serbian art from 16th century to 21st century, 7,000 art works in total.