The Literary and Memorial Museum of Anna Akhmatova (1889-1966, a famous Russian poetess) in the Fountain House was founded in 1989. The museum is in the garden wing of Sheremetev's Palace – "the Fountain House" (designed by Savva Chevakinsky and Fyodor Agrunov). In this wing of the palace, the poetess lived the greatest part of her life, and on manuscripts of many of her poems, the place where they were written is mentioned – "the Fountain House". Akhmatova moved here in the middle of the 1920s and lived here until February 1952, leaving this house only during the siege.

In six rooms of the museum, there are exhibits dealing with the life and works of Anna Akhmatova. There are rare, almost unknown portraits and photographs of the poetess and her contemporaries, books from her library, rare editions of her works, unique autographs of the poets of "the Silver Age of Russian Poetry" and personal belongings. There is the authentic interior of the study of Mr. Punin, Akhmatova's husband, and the poetess's own room. There is a concert and exhibition hall on the second floor of the museum. Literary events and concerts are held here, as well as exhibitions of the works of modern artists of Russia and the West. The first floor also houses "the Video Lounge" – a cafe where video films about the 20 th -century Russian poets are shown.

Since 1999, the Public Charity Foundation of the friends of the Museum of Anna Akhmatova in the Fountain House has existed. Its activities include cooperation with the world's leading experts in the works of Akhmatova, St. Petersburg's artists, writers, art critics.

The Literary and Memorial Museum of Anna Akhmatova in the Fountain House is one of the "younger" museums of St. Petersburg. It was founded in 1989, to commemorate the centenary anniversary of the birth of the poetess.

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