IVS Gallery is a non-profit space for both established and emerging artists. It is located in the right wing of the Nusserwanjee Building and is made up of two atriums that serve as a multi-purpose space to host a variety of exhibitions, book launches, and events related to art. The gallery strives to achieve its educational purpose through inviting well-known artists and famous personalities from all walks of life to its regular art talks where students gather to converse/debate over ideas integral to art and art education.
IVS Gallery is positioned within the institute in order to provide easy access to students and art enthusiasts alike. It has showcased works from its faculty, alumni, and graduates to promote young and talented artists. It also serves as a reference for students to view art on a regular basis and discover the possibilities of both traditional and contemporary practices. Being a not for profit organization itself, the gallery does everything to assist and help not only artists but also other non-profit organizations by providing them its space for special academic projects. The gallery also hosts lecture series, movie sessions and workshops by prominent artists .