The National Academy of Design is an honorary association of American artists, founded in New York City in 1825 by Samuel Morse, Asher Durand, Thomas Cole, Martin E. Thompson, Charles Cushing Wright, Ithiel Town, and others "to promote the fine arts in America through instruction and exhibition." Membership is limited to 450 American artists and architects, who are elected by their peers on the basis of recognized excellence. History The original founders of the National Academy of Design were students of the American Academy of the Fine Arts. However, by 1825 the students of the American Academy felt a lack of support for teaching from the academy, its board composed of merchants, lawyers, and physicians, and from its unsympathetic president, the painter John Trumbull. Samuel Morse and other students set about forming "the drawing association", to meet several times each week for the study of the art of design. Still, the association was viewed as a dependent organization of the American Academy, from which they felt neglected. An attempt was made to reconcile differences and maintain a single academy by appointing six of the artists from the association as directors of the American Academy. When four of the nominees were not elected, however, the frustrated artists resolved to form a new academy and the National Academy of Design was born. Morse had been a student at the Royal Academy in London and emulated its structure and goals for the National Academy of Design. The mission of the academy, from its foundation, was to "promote the fine arts in America through exhibition and education." In 2015, the academy struggled with financial hardship. In the next few years, it closed its museum and art school, and created an endowment through the sale of its New York real estate holdings. Today, the academy advocates for the arts as a tool for education, celebrates the role of artists and architects in public life, and serves as a catalyst for cultural conversations that propel society forward. According to the academy, its 450 National Academicians "are professional artists and architects who are elected to membership by their peers annually." Official names After three years and some tentative names, in 1828 the academy found its longstanding name "National Academy of Design", under which it was known to one and a half centuries. In 1997, newly appointed director Annette Blaugrund rebranded the institution as the "National Academy Museum