The main objective of the society was to develop opportunities for fine and applied arts in Vilnius, as well as to popularize public interest in all types of art.

In the summer of 1905, drawing classes and industrial and craft courses were established at the society, which enjoyed moderate popularity among residents of Vilnius and surrounding towns. Simultaneously, courses in modeling, carpentry and painting were held for artisans.

The board of the society consisted mainly of representatives of the Jewish community of Vilna. The society was headed by the sculptor's son Lev Antokolsky.

In 1915 the society was closed.