This Museum was founded in 1958 and is located in a building in Novi Beograd, very close to the confluence of the Sava and Danube Rivers. The unique design of the building resembles a crystal. The Museum houses a vast collection of works by Yugoslav painters, sculptors and graphic artists from the 20^th century, divided into three periods. The first period, from 1900 to 1918, encompasses the Impressionist era, the second period, from 1918 to 1941, is represented through the works of different art schools, an the third period, from 1945 until today, boasts the largest number of artists and reflects the most diverse art movements.

The sculptures created in the period between the year 1900 and the mid seventies represent a separate collection. The Museum also boasts: the Gallery of Petar Dobrović and the CAM Salon .