The national estate of Versailles and Trianon has been a public establishment of an administrative nature since 1995, with independent administrative and financial management. It is under the supervision of the ministry for culture and communication. At its head, is Jean-Jacques Aillagon, Chairman of the Public Establishment, assisted by a board of directors, a managing director and a general administrator.
The consolidated budget of the public establishment represents approximately 100 million euros per year. The operating expenses are financed by the establishment’s own resources, particularly from its ticket sales. Investment spending is financed by an annual subsidy from the State, the establishment’s self-financing capacity and sponsorship. All revenues are reinvested in renovations and acquisitions which are not covered by State subsidies.
The establishment enjoys sponsorship from companies and private individuals in particular thanks to the new provisions of the law of 1 August 2003. The Friends of Versailles Society contributes to the fundraising work. In 2008, the Palace of Versailles financed more than 10% of its total budget this way.
2008 Overview [In French]
2007 Overview [In French]