The Archibald Prize is an annual art award in Australia, established in 1921. It is awarded for the best portrait painting, focusing on notable Australians. The prize is named after J. F. Archibald, the founder of the Bulletin magazine, who wanted to promote portraiture in Australian art. Artists from across the country submit their works, and the winner receives a significant cash prize. The competition is highly regarded and attracts a wide range of entries, showcasing diverse styles and interpretations of portraiture. The Archibald Prize is often displayed at the Art Gallery of New South Wales.