Alvin Sylvan Romansky was born in Houston, Texas on March 15, 1907, the only child of Joseph L. Romansky and Kate Flaxman. Following his childhood in Houston, he attended the Wharton School of Commerce and Finance at the University of Pennsylvania, the University of Texas at Austin, and the Houston Law School, where he received an LLB (Bachelor of Laws) degree in 1929.

Romansky remained in Houston to practice law. He was a member of the Texas State Bar Association, the American Bar Association, and the Commercial Law League of America.

In 1948, Romansky and five others chartered the Contemporary Arts Association, a non-profit organization founded to present exhibits of contemporary art to supplement the more traditional art shown at the Museum of Fine Arts. In 1949, the Association became the Contemporary Arts Museum, with its own building. Romansky served as Vice President of the Contemporary Arts Association/Museum from 1947-1952.

An art patron and collector, Romansky favored French graphics, contemporary French art, and Ashanti objects. He arranged the Rufino Tamayo exhibit and the Contemporary in Cotton exhibit at the Contemporary Arts Museum, an Ashanti Goldwrights exhibit at the University of Texas, as well as many others. He was also active in the Lithography Department of the Glassell School of Art. He donated a collection of graphics to the University of Texas, and an Alvin Romansky Print Room to the Museum of Fine Arts. Romansky was appointed a Life Trustee by the Museum of Fine Arts.

In addition, Romansky served as "Lieutenant Colonel" on the staff of Governor Miriam "Ma" Ferguson between 1933 and 1935, representing the State of Texas at official functions. He was co-founder of the Harris County Heritage Society and drafted its original charter. He also served as a member of the Chancellor's Council of the University of Texas at Austin. Alvin Romansky was married to his wife Ethel for nineteen years. He died on March 14, 1994.