The 2019 Budget
The budget of the Stiftung Preussischer Kulturbesitz is divided into an operating budget and a construction budget. The budget plan for 2019 includes total expenditures of around 356 million euros.
At the end of each year, the Foundation Board establishes the budget of the Stiftung Preussischer Kulturbesitz for the following year. The budget is passed as part of the federal budget. The Foundation’s budget is divided into an operating budget and a construction budget. The operating budget includes the personnel and material costs. The contributions of the federal government and the federal states to the financing of the Foundation are established in accordance with the 1996 agreement.
The budget for 2019 plans for total expenditures of around 356 million euros. The operating budget for 2019, including anticipated receipts and third-party funding, totals around 220 million euros. Of this the federal government provides 135.5 million euros and the states 45.2 million euros. In addition, the Hamburger Bahnhof – Museum für Gegenwart – Berlin (Hamburger Bahnhof – Museum for Contemporary Art – Berlin) will receive a special subsidy from the federal government. As in recent years, it will be 938,000 euros.
In 2019 the Foundation has 136 million euros available for construction projects. The construction projects of the Stiftung Preussischer Kulturbesitz have been funded by the federal government alone since 2003.