The institute gets its basic financing from public funds with a share of 50 per cent each from the state and federal government.
In 2019, a regular budget of EUR 26.3 million was provided. An additional EUR 4.3 million was received as investments funds for a new building under construction.
In addition, the institute aquires third party funds through projects and industrial contracts. Third party funding amounted to EUR 10.1 million in 2019.
This institute is co-financed by tax funds
on the basis of the budget approved
by the Saxon State Parliament.
By December 31, 2018, the IPF had a total of 489 employees.
At any time, a large number of visiting scientists works at the institute for different periods. In 2019, their number amounted to 124 from 33 countries.