The museum was founded by author and former Guitar magazine editor-in-chief HP Newquist, who serves as its executive director.
In 2012, it was announced that at the completion of its exhibition tours, one U.S. city was expected to be chosen as the permanent home of the National Guitar Museum.
In February 2011, the NGM launched its first touring exhibit, entitled "GUITAR: The Instrument That Rocked The World," which began with previews outside New York City.
It has since been presented at more than a dozen art museums in the United States, including: "America At The Crossroads: The GUITAR And A Changing Nation" is an NGM exhibition focused on U.S. history.
Venues The NGM presents an annual "Lifetime Achievement Award" to a guitarist who has been instrumental to the legacy of the guitar.