The first edition of Panorama, initially called Panorama de Arte Atual Brasileira, was organized by its creator, Diná Lopes Coelho, and other directors of MAM at the time, who formed a committee and selected the works for the exhibition through invitations made to artists nominated by specialized critics. This form of organization remained with little change until at least the beginning of the 1s.
With around 100 artists and more than 500 works, the inaugural edition of Panorama celebrated the museum's arrival at its new headquarters in Ibirapuera Park, as recorded in the exhibition's opening invitation.
Artists: Ado Malagoli | Agustin Urban | Aldir Mendes de Souza | Alice Brili | Antonio Henrique Amaral | Armando Balloni | Bernardo Cid | Bin Kondo | Roberto Burle Marx | Carybé | Chanina Luwisz Szejnbejn | Danilo Di Prete | Flexor | Floriano Teixeira | Frank Schaeffer | Tikashi Fukushima | Genaro de Carvalho | Clovis Graciano | Ianelli | Inimá | Ionaldo Cavalcanti | Ione Saldanha | Iracema | Ismenia Coaracy | José Antonio da Silva | José Moraes | Juarez Paraíso | Judith Lauand | Maria Helena Andres | MH Chartuni | Maria Lentini | Maria Polo | Mario Gruber | Mario Zanini | Tetsuo Nomura | Oswald de Andrade Filho | Paulo Becker | Pedro Tort | Ribolo Gonsales | Rubem Valentim | Sachiko Koshikoku | Carlos Scliar | | Sepp Baendereck | Silva Costa | Thomaz | Tomie Ohtake | Vilma Pasqualini | Kazuo Wakabayashi | Waldemar da Costa | Walter Levy | Wega Nery | Yolanda Mohalyi | Aldemir Martins | Anesia Pacheco e Chaves | Berco Udler | Charoux | Darcy Penteado | Darel | Ely Bueno | Flavio de Carvalho | Gerda Brentani | Guilherme de Faria | Italo Cencini | João Câmara | João Osório Brzezinski | José Claudio da Silva | Luiz D'Horta | Mira Schendel | Moacyr Rocha | Quissak Jr. | Solange Botelho | Toyota | Zenon Barreto | Ana Bella Geiger | Ana Letycia Quadros | Conceição Pilô | Dorothy Bastos | Edith Behring | Fayga Ostrower | Marcelo Grassmann | Hansen-Bahia | Hans Suliman Grudzinski | Henrique Leo Fuhro | Izar | Lucilia de Toledo Mezzotero | Maria Bonomi | Marina Caram | Miriam Chiaverini | Newton Cavalcanti | O. Guersoni | Paulo Menten | Sonia Castro | Wilma Martins | Yara Tupinamba | Corbiniano Uns | Heinz Kuhn | Maria Guilhermina | Francisco Stockinger | Zelia Salgado | Jacques Douchez | Nicola