A private foundation running high-quality art exhibitions in two spaces, the main one near the Retiro at Paseo de Recoletos 23. The exhibitions are large-scale, well-resourced, and typically focused on modern and contemporary photography and art — comparable in ambition to the major private foundations in other European capitals.
Entry is low-cost (often under six euros) and the exhibitions are frequently better than what the state museums are showing at the same time. The building at Recoletos 23 is a restored palace house from 1908. Check the programme at fundacionmapfre.org. Metro Retiro or Banco de España.