Performing Arts Companies - 2023 U.S. Market Research Report with Updated COVID-19 & Potential Recession Forecasts
The 78-page 2023 Performing Arts Companies Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100+ data sets covering 2014-2027.
This Kentley Insights report is full of industry insights including historical and forecasted market size, revenue and industry breakdowns by product lines, size of company, concentration segmentation, business structure, customer type, state and MSA, profitability, financial ratios, balance sheet benchmarks, BCG matrix, extensive statistics by state and MSA, operating expense details, workforce composition, industry consolidation analysis, sector benchmarks, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on numerous industry statistics including companies, locations, employees, pay, and much more.
The Performing Arts Companies industry comprises (1) companies, groups, or theaters primarily engaged in producing the following live theatrical presentations: musicals; operas; plays; and comedy, improvisational, mime, and puppet shows and (2) companies, commonly known as dinner theaters, engaged in producing live theatrical productions and in providing food and beverages for consumption on the premises. Theater groups or companies may or may not operate their own theater or other facility for staging their shows.
This report was developed utilizing the results from extensive business surveys and econometrics. Professionals utilize this report for market sizing, industry analysis, benchmarking, forecasting, strategic planning, market analysis, due diligence, valuation, sales & marketing strategy, operational streamlining, organizational strategy, evaluating opportunities, and many other analyses.
Review the 78-page table of contents or download a sample report to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the report:
INDUSTRY SIZEIn 2022, industry sales were $17.7 billion
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INDUSTRY GROWTHOver the past 3 years, the industry has declined at an annual rate of -0.4%
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COMPANY GROWTHThere are 9,456 companies in the industry
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SALES PER COMPANYIn 2022, the average sales per company was $1.9 million
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INFLATION & PRICING2021 inflation was 1.7%
The report has historicals (2014-2022), 4 years of monthly figures, and 2023 & 5-year forecast
PROFITABILITYFor unprofitable companies, the average net loss is -18.6%
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RIGHTSIZING ANALYSISEmployee productivity is $141,221
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EXPENSE BENCHMARKING1.6% of expenses is spent on health insurance
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OPERATING EXPENSESIn 2022, industry operating expenses grew 35.6%
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PAYROLLIn 2022, payroll per employee was $41,732
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PAYROLL BY STATECalifornia averages $59,148 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS6% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGESThe average industry hourly pay for office and administrative jobs is $20.35
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The above stats represent a small fraction of what you will find in this report.
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NAICS code:7111