The National Film Archive of Iceland has now received recognition from the Museum Council and has therefore become an accredited museum with the approval of the Minister of Education and Culture.
Accreditation by the Council of Museums is an important step and is granted upon the fulfillment of requirements regarding facilities, security, accessibility, registration systems, and professional operations. Additionally, the museum must operate in accordance with the Code of Ethics of the International Council on Museums and the provisions of its statutes. Only accredited museums can become depository museums. The purpose of the accreditation is to enhance the activities of museums in preserving Iceland's cultural and natural heritage, ensure that it is passed on intact to future generations, provide public access to it, and promote increased knowledge of this heritage and an understanding of its relationship with the wider world. This means, among other things, that the museum is inspected annually and monitored to ensure that all of its numerous conditions are met. Recognition by the Museum Council is a prerequisite for museums to apply for grants from the Museum Fund, and the National Film Archive of Iceland has already submitted such applications for specialized projects within the archive.