The French Court of Auditors has released two reports criticizing the Louvre's financial management. They urge the museum to reduce spending on acquiring artworks that largely remain unseen by the public, as only about a quarter of artworks purchased in the last eight years are exhibited.
The reports evaluate both the Établissement public du musée du Louvre (EPML), which manages the museum, and the Fonds de dotation du musée du Louvre (FDML), created to secure stable, long-term funding. These technical and strategic documents call for clearer priorities and more sustainable resource management.
This evaluation comes after a high-profile theft on October 19 in the Galerie d’Apollon, where the Crown Jewels were displayed. The incident caused widespread shock in France and internationally, highlighting the urgent need for increased investment in security and museum maintenance.
"The Louvre must ensure that its material and artistic heritage is protected, and that its ambition as a ‘universal museum accessible to all’ is based on a solid and lasting financial foundation."
The reports emphasize balancing artistic ambitions with the need for long-term financial stability to preserve the museum's heritage effectively.
Author's summary: The French Court of Auditors urges the Louvre to prioritize security and sustainable funding over acquiring unseen artworks, ensuring lasting protection for its world-famous collection.