The Management Board of Matica Srpska manages the work and business activities of Matica Srpska, prepares the Annual Work Plan, Financial Plan, Plan of Public Procurements, the Balance Sheet, decides on how the funds, endowments, bequests, legacies and gifts are to be used.
The Management Board passes documents formulating the relationship of Matica Srpska with other institutions as well as documents regulating the organization of the activities of bodies and working groups and departments of Matica Srpska.

The Management Board of Matica Srpska performs other duties stipulated by the Law of Matica Srpska and other relevant documents of Matica Srpska.

1. Professor Branko Bešlin, PhD
2. Professor Isidora Bjelaković, PhD
3. Professor Đorđe Bubalo, PhD
4. Stevan Bugarski
5. Professor Mirjana Veselinović Hofman, PhD
6. Professor Slobodan Vladušić, PhD
7. Professor Slavko Gordić, PhD
8. Academic Jasmina Grković Mejdžor
9. Professor Jovan Delić, PhD
10. Professor Rajna Dragićević, PhD
11. Professor Dušan Ivanić, PhD
12. Ana Jeromela Marjanović, PhD
13. Professor Aleksandar Jovanović, PhD
14. Professor Vladimir Katić, PhD
15. Professor Miloš Ković, PhD
16. Branka Kulić, PhD
17. Zoran Maksimović, PhD
18. Academic Ljubomir Maksimović
19. Professor Milan Matavulj, PhD
20. Professor Aleksandar Milanović, PhD
21. Milan Micić, PhD
22. Marko Nedić, PhD
23. Tijana Palkovljević Bugarski, Phd
24. Professor Ljiljana Pešikan Ljuštanović, PhD
25. Professor Mato Pižurica, PhD
26. Professor Petar Pijanović, PhD
27. Academic Predrag Piper
28. Professor Jovan Popov, PhD
29. Professor Mira Radojević, PhD
30. Selimir Radulović
31. Professor Gorana Raičević, PhD
32. Professor Dragan Stanić, PhD
33. Academic Darko Tanasković
34. Academic Slavenko Terzić
35. Professor Zorica Hadžić, PhD
36. Professor Srđan Šljukić, PhD