[1] The institution was organized around the Costantini Collection, and has continued to expand its selection of works from modern artists across Latin America.

The museum receives over a million visitors annually, and is sustained by over 1,400 active patrons.

[2] The mission of the MALBA is to collect, preserve, research and promote Latin American art from the onset of the 20th century to the present.

[3] The museum design was made through an open call contest; 450 proposals from 45 countries were presented.

[citation needed] The building project was executed by AFT Architects, an Argentine architectural firm.