The Sigurjón Ólafsson Museum exhibits works by the Icelandic sculptor, Sigurjón Ólafsson. It is a private foundation, founded by the artist's widow, Birgitta Spur who had the artist's studio at Laugarnes converted to house a large collection of his works; sculptures, sketches and drawings, as well as biographical material.

In addition to its exhibition of Ólafsson's works, the museum sponsors various cultural programmes and its weekly summer concerts have become popular events in the culture life of Reykjavík.