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Founded as a hall for traveling shows, the $6 million fine arts center did not start acquiring art until 1996.
The building is designed by Swiss architects Herzog and de Meuron, who were hired by Terence Riley, director of the museum in 2009, when plans were made.
In November 2010, construction began on the new MAM building in Museum Park in Downtown Miami.
As of mid-2011, private donors had committed more than $50 million in additional support for the building and institutional endowment.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Butler Institute of American Art | 1917 | $2.0M | 30 | - |
| Norton Museum of Art | 1941 | $16.8M | 80 | 5 |
| New Museum | 1977 | $24.3M | 50 | 15 |
| Blanton Museum of Art | 1963 | $17.0M | 175 | - |
| Contemporary Arts Museum Houston | 1948 | $10.0M | 47 | - |
| National Museum of Women in the Arts | 1981 | $16.5M | 110 | 1 |
| Museum of Arts and Design | 1956 | $10.7M | 45 | - |
| Modern Art Museum of Fort Worth | 1892 | $7.7M | 71 | - |
| Museum of Contemporary Art North Miami | 1996 | $5.0M | 39 | - |
| Bedford Area Family YMCA | 1981 | $2.0M | 50 | - |
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Pérez Art Museum Miami may also be known as or be related to JORGE M PEREZ ART MUSEUM OF MIAMI-DADE, Perez Art Museum Miami and Pérez Art Museum Miami.