Editing Documenta (section)

===Budget===
In 2007, half of Documenta's budget of 19 million euros ($25.7 million) came from the city of Kassel, the state of [[Hessen]] and Germany's [[Kulturstiftung des Bundes]]. The rest came from sponsors, donors and ticket sales.<ref>{{Cite news |last=Berwick |first=Carly |date=17 May 2007 |title=Documenta 'Mystery' Artists Are Revealed; Buzz Strategy Fizzles |work=Bloomberg |url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=af0gyo112rUE&refer=muse |archive-url=https://web.archive.org/web/20140222150828/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=af0gyo112rUE&refer=muse |archive-date=2014-02-22}}</ref>

Documenta 14’s budget was at 37 million euros ($40 million), spread between 2013 and 2018;<ref>{{Cite news |last=Donadio |first=Rachel |date=5 April 2017 |title=German Art Exhibition Documenta Expands Into Athens |language=en-US |work=The New York Times |url=https://www.nytimes.com/2017/04/05/arts/design/documenta-german-exhibition-greek-crisis.html |url-status=live |access-date=2023-01-16 |archive-url=https://web.archive.org/web/20170406000625/https://www.nytimes.com/2017/04/05/arts/design/documenta-german-exhibition-greek-crisis.html |archive-date=2017-04-06 |issn=0362-4331}}</ref> by the end of 2017, its deficit was expected to reach 5.4 million euros.<ref name="theartnewspaper.com">{{Cite web |last=Hickley |first=Catherine |date=27 November 2017 |title=Documenta manager to leave post after budget overruns |url=https://www.theartnewspaper.com/2017/11/27/documenta-manager-to-leave-post-after-budget-overruns |access-date=2023-01-16 |website=The Art Newspaper}}</ref> Overspending in Athens led to a liquidity shortfall of 7 million euros, forcing the shareholders of Documenta — the city of Kassel and the German state of Hesse — to step in with emergency loan guarantees worth 8 million euros.<ref name="theartnewspaper.com"/>