The Music Gallery is publicly funded through arts grants from the city, province, and country, and through membership and ticket sales.
"[5][7][8] From its founding in 1976 until 1983, the Music Gallery was in a converted warehouse at 30 St. Patrick Street, including offices for Musicworks from 1978 onwards.
[10][12] The Music Gallery's website describes it as "the fabled multi-purpose space" and "a strange oasis for creativity and experimentation on the outskirts of Toronto’s uber-commercialized entertainment district.”[12] This venue hosted up to 150 concerts a year, until they were evicted in 2000.
[13] Because the venue must obey sound law and stop all performances at 11pm, they have invested energies in daytime programming and all-ages events.
[10] Notable performers in past years include the Nihilist Spasm Band, Sunn O))), Owen Pallett, Hauschka, Jennifer Castle, Wyrd Visions, John Oswald, Casey Sokol, Stars of the Lid, Derek Bailey, the Microphones, Jens Lekman, A Tribe Called Red, and Devendra Banhart.
In 2011, the Music Gallery had a season-closing fundraiser called "Tonalism" that lasted twelve hours and featured projected visuals and musicians including Julia Holter, Dntel, Teebs, and Isla Craig.
[18][19] In 2015, the Music Gallery hosted a discussion panel on racism in the Toronto and Canadian music scene, moderated by April Aliermo, after several controversial events in the industry, including a band with a racially offensive name being boycotted, and several cancelled events that were protested for being colonial and patronizing.