The Académie de peinture et de sculpture in Paris, established by the monarchy in 1648 (later renamed) was the most significant of the artistic academies, running the famous Salon exhibitions from 1725. Artistic academies were established all over Europe by the end of the 18th century, and many, like the Akademie der Künste in Berlin (founded 1696), the Real Academia de Bellas Artes de San Fernando in Madrid (founded 1744), the Imperial Academy of Arts in Saint Petersburg (1757), the Royal Academy in London (1768) and the Accademia di Belle Arti di Brera in Milan (1776) still run art schools and hold large exhibitions, although their influence on taste greatly declined from the late 19th century.