How is the authority funded?
A government grant of just over SEK 140 million is received annually. In 2014, covering 73 % of operating costs. Additional finance comes from admission fees, educational programs (guided tours, courses, lectures), sales of merchandise, etc. In 2014, sponsorship and donations income made up 6 % of the total budget.
Private donations fund art purchases
Nationalmuseum receives no public funding for art purchases. Since acquisitions are part of its mandate, Nationalmuseum relies on private donations to purchase art for the national collections. We have access to the returns on investment from various foundations, which specify the type of art that can be purchased. The amount received depends on the performance of the stock market. Usually it is several million kronor a year, but it has to be spent in the way prescribed by each donor, so we cannot choose freely how to use this funding.
The ill-matched couple, Lucas Cranach the Elder