 Since the Velvet Revolution of late 1989, the Václav Špála Gallery has again been holding exhibitions curated by respected scholars of art, including Mahulena Nešlehová, Jiří Valoch, Marie Klimešová, Eva Petrová, Josef Kroutvor, Jan Kříž, and Ivo Janoušek, showing works of art by young new artists as well as artists of the 1960s and 1970s generations.In honour of the golden era of the Václav Špála Gallery, a Jindřich Chalupecký Prize (Cena Jindřicha Chalupeckého) for Czech fine artists aged 35 years or younger was established in 1990.The first winner was Vladimír Kokolia.