The Beaux Arts Festival of Art is run entirely by Beaux Arts Miami, a volunteer support organization of the Lowe Art Museum at the University of Miami. The first festival, originally called the Clothesline Sale, was held in the spring of 1952 in order to give young artists a chance to meet the buying public. The festival became an annual project, and is now a juried show recognized as one of the leading art shows in the country. Proceeds from the Beaux Arts Festival of Art go to the Lowe Art Museum for the purpose of funding exhibitions, capital improvements, children's programming (including art camps and Hands On Community Outreach), as well as acquisitions for the museum's collection.