The palace, located at Szczepański Square no 4 in Krakow, was designed by Franciszek Mączyński in the Art Nouveau style. Decorated with the busts of Jan Matejko and Stanisław Wyspiański. The frieze running around the entire building was composed by Jacek Malczewski. The Palace is the seat of Towarszystwo Friends of Fine Arts, and there are also sculpture and painting exhibitions