High Quality Content by WIKIPEDIA articles! Pennsylvania Academy of the Fine Arts was founded in 1805 by painter and scientist Charles Willson Peale, sculptor William Rush, and other artists and business leaders. The growth of the Academy of Fine Arts was slow. It held its exhibitions for many years in a modern building of the Ionic order designed by John Dorsey which was built in 1806, and stood on the site of the American Theater on Chestnut Street. It opened as a museum in 1807 and held its first exhibition in 1811 where more than 500 paintings and statuary were on display. The first school classes held in the building were with the Society of Artists in 1810. The Academy was reconstructed after the fire of 1845, and 23 years later steps were taken to construct a building more worthy of its treasures, the current Furness-Hewitt building opened in 1876.