Once belonging to the Vibi, then to the Opera Pia della Penna-Ricci organisation, today it is municipal property. Built in the 16th century on the site of a still visible Roman amphitheatre, it has a circular tower surmounted by a belvedere, and a Renaissance portal. Restored in the early 19th century, its still boasts many halls frescoed by Antonio Castelletti (1812), used for museum exhibits (where the “L’Accademia e Perugia” – the Academy and Perugia – section is on display). The Palazzo hosts the Martinelli collection of Baroque art and the contemporary art collections of Gerardo Dottori and of Joseph Beuys, as well as temporary exhibition areas.