In 2011, The Research Council of Norway's total budget amounts to NOK 7 250 million. The Ministry of Education and Research and the Ministry of Trade and Industry are the most important contributors to the budget of the Research Council of Norway.
The Research Council is divided into five divisions: Science, Energy, Resources and the Environment, Society and Health, Innovation and Administration. The Executive Board is the Research Council's highest authority.
The Research Council of Norway's main office is located at Drammensveien 288 in Lysaker, seven kilometres west of central Oslo.
The Research Council also has regional offices in various parts of Norway, as well as a liaison office in Brussels.