For most of its career, the Royal Swedish Academy's central role has been undisputedly to be at the centre of Swedish music. It has strived to establish professionalism among musicians in close contact with "the Continent" and to achieve the status of central music administration authority in Sweden during the first half of the 20th century.

　

Today, we find the Academy with its organization considerably expanded and its activities greatly diversified, partly due to a large number of scholarship funds, special expert bodies, a research secretariat, and publishing business.

　

The String Instrument Fund of the Erik Jarnaker Endowement owns more than 70 first-rated stringed instruments, which are placed at the disposal of prominent Swedish musicians on long-term basis.

　

The Academy's Concert Hall was built in the 1870's, by the initiative of the then Crown Prince Oscar and became the first public concert hall in Sweden, where the first Nobel Prize ceremonies took place during 1901-1925.

　

The Royal Swedish Academy of Music has about 170 Swedish members, representing various walks of musical life, and about 70 foreign members chosen among the greatest musical personalities of our time.