Dance Companies Revenue Benchmarks

How much does the average dance companies business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$985K

per year

💰

Profit Margin

12.0%

industry average

📈

Revenue / Employee

$89K

per year

👤

Total Businesses

741

in the US

🏢

Est. Owner Income

$118K

small business avg

💵

Labor Cost

40.0%

of revenue

👥

Avg Employee Wage

$41K

per year (BLS)

💼

Market Saturation

0.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$134K
5-9 employees
$333K
10-19 employees
$706K
20-99 employees
$3.1M
100-499 employees
$18.4M

🏆 Highest Revenue States

1.Hawaii$2.9M avg2.Massachusetts$2.8M avg3.Oklahoma$2.6M avg4.Washington$2.1M avg5.Nevada$2.1M avg6.Texas$1.8M avg7.Ohio$1.6M avg8.Oregon$1.6M avg9.New York$1.5M avg10.Tennessee$1.4M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

15.07%

openings/year

Closure Rate

9.25%

closings/year

Net Job Growth

+7.58%

annual

Businesses Closed

653

in 2023

Firm Count Trend

19
20
21
22
23
7,619 firms8,560 firms

💡 Should You Start a Dance Companies Business?

Startup Cost

$50K – $250K

Break-Even

15 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Independent Artists, Writers, and Performers$695KFitness and Recreational Sports Centers$785KAll Other Amusement and Recreation Industries$534KGolf Courses and Country Clubs$2.9MMusical Groups and Artists$760K

Compare Dance Companies revenue with other industries:

vs Independentvs Fitnessvs All