The museum was officially inaugurated on September 10, 1992 and is named after Queen Sofía. Mainly focused on Spanish art, the museum houses excellent collections of Pablo Picasso and Salvador Dalí including one of the most famous masterpieces in the world, Picasso's Guernica. Along with its extensive collection, the museum offers a mixture of national and international temporary exhibitions in its many galleries, making it one of the world's largest museums for modern and contemporary art. The museum’s collection is ever-expanding and has started including new formats (film and video are pivotal areas in the museum’s development) as well as new geographical areas (Latin America has been receiving increased focus). Some of the international artists included in its permanent collection include Joseph Beuys, Max Ernst, Vasily Kandinsky, Paul Klee, René Magritte, Man Ray and Cindy Sherman.