The Society's contribution in the field of education in music, dissemination of knowledge of the performing fine arts and preservation of our rich cultural heritage has received recognition by the Brihan Mumbai Mahanagar Palika and the Government of Maharashtra, who have named the area adjunct to The Fine Arts Cultural Centre as "Fine Arts Chowk". The naming was done on 1st December 2001, at the hands of no less a person than Shri Vilasrao Deshmukh, Chief Minister of Maharashtra.