According to the the homepage of the Hungarian Academy of Arts (MMA), it is "a public body committed to national tasks concerning the arts – especially literature, music, fine art, applied art, design art, architecture, photography, film, performing art, folk art – as well as the analysis, support, education, national and international presentation and spreading of the arts together with the representation of Hungarian artists. ... The main task of MMA is to facilitate the prevalence and protection of the values of Hungarian and universal culture, the respect of the traditions of Hungarian arts and the birth of new and significant artistic works." The Hungarian Academy of Arts "was established as an autonomous public body with 157 members in the House of Hungarianism on 5 November 2011. ... MMA presents and documents all its events in year books. It has published its own official periodical entitled Hungarian Art on a quarterly basis from the end of 2013. In October 2013 the Hungarian Parliament passed the Kunshalle and the Vigado in Budapest as well as the Hild villa in the 12th district into the ownership of MMA. The Hild villa after its complete renewal functions as the Reseach Institute of Art Theory and Methodology from 2016. Kunsthalle organizes so-called National Salons, thus presenting the works of various outstanding artists from various artistic fields from 2014. MMA lead by György Fekete, the President of MMA after the death of Imre Makovecz in 2011 can function with a state donation of 10 billion HUF in 2017. The regular and corresponding members of MMA receive life annuities on a monthy basis." MMA has been "one of the most influential organizations in the cultural life of Hungary."