It was founded in 1994 by theatre director and actor
Peter Batey, it is judged by Maude, Batey's
cockatoo. The winning 2023 portrait featured Batey flying through a cloud filled sky on the back of Maude the cockatoo. When asked about the prizes' choice of judge, Batey states: “It takes 12 galahs to judge the
Archibald but only one cockatoo to judge the Bald Archy,” - Peter Batey OAM, 2016 Since 2005, the home of the competition and its accompanying exhibition has been the
Museum of the Riverina,
Wagga Wagga. However, in 2008, the prize was announced during the
Canberra portion of the national tour. Batey died in June 2019, in a car accident near his home at
Coolac, New South Wales. Peter Batey bequeathed the past winning portraits and the rights to run the annual prize to the Museum of the Riverina in Wagga Wagga. The Museum relaunched the Prize in February 2023. In 2024, the touring exhibition visited Australian regional galleries including
Holbrook,
Deniliquin,
Corowa,
Temora and finishes in
Wagga Wagga in New South Wales. ==List of winners==