ArtEx was the annual Ulverstone West Rotary Club Art Exhibition hosted in conjunction with the North West Art Circle, exhibiting a wide selection of fine paintings from leading local and emerging artists. It ran from 1987 – 2023 and was one of the largest and longest running exhibitions of local art in Tasmania.

The principal prize was The Central Coast Council Acquisition Award for $2500, which, in the Judge’s opinion, was the best example in any medium on any subject exhibited. Art work still hangs in Central Coast public buildings as part of the Council’s collection, with a Cultural Legacy Exhibition featuring all purchased work held at The Hive in September 2024. 

Eight categories were judged professionally on the basis of artistic and presentation merit. Prizes were awarded to the winners of each category. The artist retained the work unless it was acquired by a sponsor or sold to someone attending the Exhibition.

Other sponsors and supporters agree to acquire one or more paintings of their choice. Awards and acquisition commitments typically exceeded $20,000. Its purpose is to promote the appreciation and sale of North West Tasmanian art. All surpluses from ArtEx were used to fund Ulverstone West Rotary Club's youth activities.