The City Art Gallery - Varna, named after the artist Boris Georgiev, was founded in 1950 and is housed in a beautiful historic building at 1 Lyuben Karavelov Street. The gallery holds a collection of over 10,000 works of Bulgarian and European art. It hosts permanent and temporary exhibitions, the Spring Arts Salon, and various cultural events. The City Art Gallery is the most important institution for fine arts in Varna.