Projects of the Klassik Stiftung Weimar are funded by the European Regional Development Fund (ERDF) and the Free State of Thuringia, represented by the State Chancellery of Thuringia, Department of Culture and the Arts.
The Directorate of Administration provides administrative services to the other directorates and departments of the Klassik Stiftung Weimar in the areas of human resources, finance, IT and organisation. It ensures compliance with regulatory frameworks, promotes the modernisation of administrative operations and enables the Foundation to carry out projects and meet long-term statutory obligations in accordance with its financial circumstances.
The Klassik Stiftung Weimar is institutionally financed by the German federal government and the Free State of Thuringia in equal part with additional funding provided by the city of Weimar. In the process of budget implementation, adjustments to the budgetary resources were required.
In 2021 the foundation received a total 30.7 million euros in institutional budgetary resources, of which 15.4 million euros were provided by the federal government, 13.3 million euros by the Free State of Thuringia and around two million by the city of Weimar. In response to the Covid-19 pandemic crisis, the foundation received additional federal and state funding which was included in the total budgetary resources earmarked for institutional funding.
The Foundation raised some 2.5 million euros in revenues of its own (admission fees, sales, leases etc.) which served to augment its institutional budget in 2021. In addition, the Klassik Stiftung Weimar received or raised 21.1 million euros in project funding and donations. This amount includes 14.95 million euros of federal and state project financing which were used to pay for construction measures, to repair and restore the fire-damaged holdings of the Herzogin Anna Amalia Bibliothek (HAAB), and to finance investments and research projects.
With the support of the Federal Government Commissioner for Culture and the Media (BKM), the Klassik Stiftung Weimar was awarded two million euros through the “Promotion Programme for Central German Castles and the Cultural Landscape”. The financing is specifically intended to advance digitalisation and transformation (expansion of mobile and collaborative work, administrative modernisation), cultural education and communication (audience orientation and greater focus on outreach activities) and provenance research (competence-building in Thuringia, completion of inquiries into the unlawful seizure of cultural property by the National Socialists), allocated as part of institutional funding.