2019 U.S. Industry Statistics & Market Research – Dance Companies
Published by AnythingResearch in 2019, the market research analysis reveals the current fiscal and operational state of American dance companies. Through examining this report, we can see the positive growth of the industry, which has averaged 4% growth since 2012, as well as the breakdown of expenses.
Perhaps most telling is the following chart:
Source: Analysis of U.S. federal statistics
The second-largest source of expense is officer compensation, which makes up $235,681 while salaries and wages make up $180,545. The report does not break down compensation by gender — though DDP research has revealed that female officers are paid, on average, less than their male counterparts. As the industry grows and salaries and wages are increased, it is absolutely necessary for compensation by gender to level out in equal amounts to each.
Companies that may disrupt the trends revealed in this report are New York City Ballet (as a market leader) and Ballet Arizona (innovator/emerging company). Unfortunately, neither of these companies have been leaders in equity during the past two seasons of dance (see DDP July report).
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