The Peninsula Music Society was established in 1962 and has a long history of presenting fine music concerts on the Mornington Peninsula featuring leading Australian and international artists. Seven professional concerts are presented each year in the Peninsula Community Theatre, a venue whose acoustic is acclaimed by musicians and audience alike. PMS also conducts student support and education activities to encourage young local musicians. These activities include a Bursary competition for tertiary and secondary students, workshops and masterclasses. The cost of the student support and education activities is met through the generosity of sponsors, donations and PMS itself. For the past few years, total annual Bursary award money has been $20,000.