The museum was opened in July 2005 by the Suna-Inan Kirac Foundation, another project of Koc family. The old building was originally constructed in 1893 by architect Achille Manousos and restored recently for the modern museum. Kutahya tiles, Anatolian weights and measurements, and Oriental portraits painting Collections are the permanent exhibitions in the museum. One of the most famous paintings in the museum is of Osman Hamdi's "The Tortoise Trainer" (Kaplumbaga Terbiyecisi in Turkish). In addition, three art galleries and an auditorium are among the facilities of the museum.

Open daily between 12:00-18:00 except Mondays.