The museum was established due to the 1970 donation made by Alexandru Bălintescu to his native village. It is located in the Cultural Centre of Costeşti. It holds works by the sculptor Gheorghe Anghel (1904 - 1966), one of the important representatives of the modern school of sculpture in Romania (the sculptures "Life of a Genius", Portrait of Ştefan Luchian", "Death of a Poet", "Prayer", and others), the painter and sculptor Horia Damian (b. 1922, settled in France) ("Landscape"), the painter Horia Bernea ("Self-portrait"), works by lui Gheorghe Tomaziu, Rodion Gheorghiţă, Florin Niculiu, Marin Gherasim and others.
Location