The Sigurjón Ólafsson Museum is dedicated to exhibiting works by the Icelandic sculptor, Sigurjón Ólafsson. It was founded in 1984 by the artist's widow Birgitta Spur who had his studio at Laugarnes converted into an exhibition space and to house a large collection of his works. These include sculptures, sketches, and drawings, as well as biographical material. In addition to its exhibition of Ólafsson's works, the museum sponsors various cultural programs.

Its weekly summer concerts have also become popular cultural events in Reykjavík. Born in Iceland, Sigurjón Ólafsson (1908-1982) studied and worked in Denmark 1928-1945. After his return to Iceland, he lived and worked in Laugarnes, Reykjavík.

Opening hours are as followed: 
June 1 - September 15: open every day of the week except Mondays 13-17.
September 16 to May 31 is open on weekends, Saturdays and Sundays 13-17.
In December and January, however, it is completely closed