Olinsky studied at the National Academy of Design from 1927 to 1930 under Charles Louis Hinton and Raymond Neilson. She also studied at the Art Students League, and with her father, Ivan Olinsky. She was one of the organizers of the Lyme Academy of Fine Arts and was among its first instructors. She was a consistent participant in the National Academy's annuals beginning in 1929. Most of the works she showed here were figural, many evidently depicting young women in interior settings. She also exhibited still-lifes at the Academy, and in 1945 she showed tempera paintings of flowers at the Grand Central Art Galleries in New York. In 1958, she had a one woman show at the Lyman Allyn Museum in New London, Connecticut.
She was proposed to the National Academy by Andrew Winter. She was married to Charles F. Barteau.
