The Institute of France and the five academies

The Institute and the academies operate freely and are financially independent under the sole control of the Court of Auditors. Honouring for the second time the mandate it is set by law, the Court again examined the management of the Quai de Conti institutions and the use of their heritage between 2014 to 2020.
In its previous report, released in 2015, the Court noted a worrying situation in many respects. Since then, progress has been made in some areas. However, this progress remains limited and the movement to restore order is recent. The Quai de Conti institutions are now faced with an unbalanced financial situation. The Court makes 19 recommendations.