The Society shows about 700 works at its Annual Exhibition. From which, only one is selected and awarded the prestigious Royal Miniature Society, Gold Memorial Bowl.

There are a number of other prestigious awards presented annually, these include:

• The Royal Society of Miniature Painters Sculptors and Gravers Gold Memorial Bowl

• Presidents Special Commendation

• RMS Group Award of £500

• The Mundy Sovereign Portrait Award

• The Bidder and Borne Sculptors and Gravers Award of £350

• The Bonhams Portrait Award

• Llewellyn Alexander Subject Miniature Award of £500

• Anthony J Lester Art Critics Award

• Peter Charles Booth Memorial Award

• Anita Emmerich Presentation Award

• Arturi Phillips 'Connoisseur' Award, £500 for a portrait of any living thing

The Gold Memorial Bowl was a gift to the Society from Suzanne Lucas MBE, FLS, HPRMS, FPSBA, Hon.SWA, Hon. MAA,  Hon. MASF