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NAICS Code 711120 - Dance Companies
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NAICS Code 711120 Description
This industry comprises companies, groups, or theaters primarily engaged in producing all types of live theatrical dance (e.g., ballet, contemporary dance, folk dance) presentations. Dance companies or groups may or may not operate their own theater or other facility for staging their shows. Source: Census.gov - NAICS 2022 compliant
NAICS Code 711120 - Dance Companies is a final level code of the “Arts, Entertainment, and Recreation” Sector. There are 1,132 companies verified as active in this industry in the USA with an estimated employment of 10,272 people.
Industry Sector
Arts, Entertainment, and RecreationAnnual Payroll
$291,205,000Total Revenue
$831,608,000SBA Size Standard
Annual Revenue Limit of $12,000,000Parent Category - 5-digit Level (less specific)
Marketing: NAICS Codes (8-digit) for Dance Companies
Access In-depth Industry Analysis: Reach out to companies and executives within these industries.
Industry Examples of NAICS 711120
Common types of examples within NAICS Code 711120 - Dance Companies are:
- Ballet companies
- Ballet productions, live theatrical
- Classical dance companies
- Contemporary dance companies
- Dance companies
- Dance productions, live theatrical
- Dance theaters
- Dance troupes
- Folk dance companies
- Interpretive dance companies
- Jazz dance companies
- Modern dance companies
- Tap dance companies
- Theater companies, dance
- Theaters, dance
- Theatrical dance productions, live
Industry Image
Example photo for industry NAICS 711120 - Dance Companies . This image represents an activity or product found in this industry.

Cross-References
Companies
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Industry Executives
Would you like to email executives in NAICS Code 711120 - Dance Companies ? Below are some of the common job titles available to be targeted.
- Business Development
- Chairman
- C-Level
- Director
- Engineering
- Executive Director
- Facilities
- Finance
- Human Resource
- IT
- Manager
- Marketing
- Manufacturing
- Operations
- Owner
- Partner
- President
- Principal
- Purchasing
- Sales
- Vice President
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Innovations and Milestones in Dance Companies (NAICS Code: 711120)
An In-Depth Look at Recent Innovations and Milestones in the Dance Companies Industry: Understanding Their Context, Significance, and Influence on Industry Practices and Consumer Behavior.
Virtual Reality Dance Experiences
Type: Innovation
Description: The introduction of virtual reality (VR) technology has allowed dance companies to create immersive performances that engage audiences in new ways. This innovation enables viewers to experience dance from unique perspectives, enhancing emotional connections and accessibility to performances.
Context: The rise of VR technology has been fueled by advancements in hardware and software, alongside a growing interest in interactive entertainment. The COVID-19 pandemic accelerated the adoption of virtual experiences as live performances were restricted, prompting companies to explore digital alternatives.
Impact: This innovation has expanded audience reach beyond geographical limitations, allowing companies to engage with a global audience. It has also encouraged traditional dance companies to rethink their presentation methods, fostering creativity and experimentation in performance art.Diversity and Inclusion Initiatives
Type: Milestone
Description: The commitment to diversity and inclusion within dance companies has marked a significant milestone, leading to more equitable representation of artists from various backgrounds. This initiative aims to create a more inclusive environment both on stage and behind the scenes.
Context: In recent years, social movements advocating for racial and gender equality have influenced the arts sector, prompting dance companies to reassess their practices. Increased awareness of systemic biases has led to a push for change within the industry.
Impact: These initiatives have transformed hiring practices and programming choices, resulting in a richer tapestry of performances that reflect diverse cultural narratives. This milestone has also enhanced community engagement and audience loyalty, as companies become more representative of the populations they serve.Hybrid Performance Models
Type: Innovation
Description: The development of hybrid performance models that combine live and digital elements has revolutionized how dance companies present their work. These models allow for simultaneous in-person and online attendance, catering to diverse audience preferences.
Context: The necessity for adaptability during the pandemic prompted many companies to innovate their performance formats. The integration of streaming technology and digital platforms has enabled companies to maintain audience engagement despite physical distancing measures.
Impact: Hybrid models have broadened access to performances, allowing audiences who may not have been able to attend in person to participate. This shift has also encouraged companies to explore new revenue streams and marketing strategies, reshaping the traditional performance landscape.Sustainable Production Practices
Type: Milestone
Description: The adoption of sustainable production practices within dance companies has emerged as a crucial milestone, focusing on environmentally friendly approaches to staging performances. This includes using sustainable materials, reducing waste, and implementing energy-efficient technologies.
Context: Growing awareness of climate change and environmental issues has prompted the arts sector to consider its ecological footprint. Regulatory pressures and audience expectations for sustainability have further driven this change.
Impact: These practices have not only reduced the environmental impact of productions but have also resonated with audiences who prioritize sustainability. This milestone has encouraged a cultural shift within the industry towards responsible stewardship of resources and has inspired collaborations with environmental organizations.Choreographic Collaborations with Technology
Type: Innovation
Description: Innovative collaborations between choreographers and technology developers have led to the creation of new forms of dance that incorporate digital elements, such as motion capture and interactive installations. This fusion of art and technology has opened new avenues for creative expression.
Context: The rapid advancement of technology and digital art forms has provided choreographers with tools to explore movement in unprecedented ways. The intersection of dance and technology has gained traction as artists seek to push the boundaries of traditional performance.
Impact: These collaborations have transformed the creative process, allowing for the exploration of new aesthetics and audience interactions. This innovation has also attracted a younger demographic, fostering interest in dance as a contemporary art form.
Required Materials or Services for Dance Companies
This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Dance Companies industry. It highlights the primary inputs that Dance Companies professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.
Equipment
Dance Shoes: Quality dance shoes are essential for performers, providing the necessary support and flexibility for various dance styles, which directly impacts performance quality.
Lighting Equipment: Professional lighting equipment is essential for creating the right atmosphere on stage, enhancing the visual appeal of performances and highlighting dancers' movements.
Rehearsal Space: Access to specialized rehearsal spaces equipped with mirrors and sprung floors is crucial for dancers to practice and refine their performances safely.
Sound Systems: High-quality sound systems are crucial for amplifying music and audio during performances, ensuring that the audience can clearly hear the accompanying music and any spoken elements.
Stage Props: Props are used in performances to add depth to storytelling, providing visual context and enhancing the overall experience for the audience.
Video Projection Equipment: Video projection equipment is used to display visual elements during performances, adding layers of storytelling and enhancing the overall aesthetic experience.
Material
Costumes: Custom-designed costumes are vital for dancers, as they not only enhance the visual storytelling of the performance but also allow for freedom of movement and expression.
Makeup and Hair Supplies: Makeup and hair products are important for dancers to achieve the desired look for performances, helping to create character and enhance stage presence.
Stage Flooring: Specialized flooring materials are necessary to provide a safe and suitable surface for dancers, reducing the risk of injury and enhancing performance quality.
Service
Choreography Services: Hiring professional choreographers is important for creating original dance routines that align with the artistic vision of the performance and engage the audience.
Marketing and Promotion: Marketing services help dance companies reach wider audiences through advertising and promotional campaigns, which are essential for ticket sales and overall visibility.
Photography and Videography: Professional photography and videography services are important for documenting performances, allowing companies to promote their work and engage with audiences through visual content.
Set Design Services: Set design services are vital for creating visually stunning backdrops and environments that support the narrative of the performance and engage the audience.
Sound Design: Sound design services are critical for creating unique audio experiences that complement dance performances, enhancing the emotional impact of the choreography.
Ticketing Services: Ticketing services facilitate the sale and distribution of tickets for performances, making it easier for audiences to attend and enjoy shows.
Products and Services Supplied by NAICS Code 711120
Explore a detailed compilation of the unique products and services offered by the industry. This section provides precise examples of how each item is utilized, showcasing the diverse capabilities and contributions of the to its clients and markets. This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the industry. It highlights the primary inputs that professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.
Service
Choreography Services: Choreographers create original dance routines tailored for performances, competitions, or educational purposes. This service is essential for producing unique and engaging dance pieces that resonate with audiences and fulfill specific thematic or artistic visions.
Community Outreach Programs: These initiatives aim to engage local communities through dance, often providing free or low-cost classes and performances. Such programs promote inclusivity and accessibility to the art of dance, encouraging participation from diverse groups.
Costume Design and Production: Costume designers create and produce costumes that reflect the themes and characters of dance performances. Well-designed costumes enhance the visual storytelling of the dance and contribute to the overall aesthetic of the production.
Dance Competitions: These events provide a platform for dancers to showcase their skills and compete against others in various categories. Competitions often attract large audiences and serve as a means for dancers to gain recognition and advance their careers.
Dance Education Programs: Educational programs offered by dance companies aim to teach dance techniques, history, and performance skills to students of all ages. These programs foster a love for dance and help cultivate the next generation of dancers.
Dance Festivals: These events celebrate various dance forms and bring together dancers, choreographers, and audiences. Festivals often include performances, workshops, and discussions, fostering a vibrant community around the art of dance.
Dance Workshops: Workshops are organized sessions where participants can learn various dance techniques and styles from professional dancers. These sessions are designed for all skill levels and provide an opportunity for individuals to enhance their dance abilities while engaging with the dance community.
Live Dance Performances: These performances encompass a variety of dance styles including ballet, contemporary, and folk dance, showcasing the artistic expression and technical skill of dancers. Audiences attend these events to experience the emotional and cultural narratives conveyed through movement.
Equipment
Sound Systems: High-quality sound systems are vital for delivering music and audio effects during performances. These systems ensure that the audience can clearly hear the accompanying music, which is integral to the overall experience of a dance performance.
Stage Lighting Equipment: Essential for enhancing the visual impact of performances, stage lighting equipment includes various types of lights and control systems that create mood and highlight dancers on stage. Proper lighting is crucial for setting the atmosphere and ensuring that audiences can fully appreciate the performance.
Comprehensive PESTLE Analysis for Dance Companies
A thorough examination of the Dance Companies industry’s external dynamics, focusing on the political, economic, social, technological, legal, and environmental factors that shape its operations and strategic direction.
Political Factors
Government Funding for the Arts
Description: Government funding plays a crucial role in supporting dance companies, particularly in the form of grants and subsidies. Recent initiatives at both federal and state levels have aimed to bolster the arts sector, especially in the wake of the COVID-19 pandemic, which severely impacted live performances and arts funding.
Impact: Increased government funding can provide essential financial support for dance companies, enabling them to produce more performances, hire artists, and invest in community outreach programs. However, reliance on government funding can also create uncertainty, as changes in political leadership or budget priorities may affect future allocations.
Trend Analysis: Historically, government funding for the arts has fluctuated based on political priorities and economic conditions. Currently, there is a trend towards increased support for the arts, driven by public demand for cultural enrichment and recovery efforts post-pandemic. Future predictions suggest a stable trajectory for funding, contingent on ongoing advocacy and public support for the arts.
Trend: Increasing
Relevance: HighCultural Policies
Description: Cultural policies at local, state, and federal levels influence the operational landscape for dance companies. These policies can include support for cultural diversity, accessibility initiatives, and regulations affecting public performances.
Impact: Cultural policies can enhance opportunities for dance companies to engage with diverse communities and expand their audience base. However, stringent regulations may impose operational challenges, such as permitting requirements for public performances, which can affect scheduling and costs.
Trend Analysis: The trend in cultural policy has been towards greater inclusivity and support for diverse artistic expressions. This trajectory is expected to continue, with a high level of certainty as communities advocate for representation and accessibility in the arts.
Trend: Increasing
Relevance: High
Economic Factors
Consumer Spending on Entertainment
Description: Consumer spending on entertainment, including live performances, significantly impacts the dance companies industry. Economic conditions, such as disposable income levels and employment rates, directly influence ticket sales and donations to arts organizations.
Impact: In periods of economic growth, increased consumer spending can lead to higher ticket sales and greater financial contributions to dance companies. Conversely, economic downturns can result in reduced discretionary spending, negatively affecting attendance and revenue.
Trend Analysis: Consumer spending on entertainment has shown resilience in recent years, with a notable rebound following the pandemic. Current trends indicate a stable recovery trajectory, although economic uncertainties may pose risks to future spending patterns. The level of certainty regarding this trend is medium, influenced by broader economic indicators.
Trend: Stable
Relevance: HighSponsorship and Philanthropy Trends
Description: Sponsorship and philanthropic contributions are vital for the sustainability of dance companies. Recent trends show an increase in corporate sponsorships and individual donations, particularly as companies seek to enhance their community engagement and corporate social responsibility initiatives.
Impact: An increase in sponsorship and philanthropy can provide essential funding for productions, outreach programs, and operational costs. However, competition for these funds is intensifying, requiring companies to demonstrate their value and impact to potential sponsors and donors.
Trend Analysis: The trend towards increased sponsorship and philanthropic support has been growing, particularly as businesses recognize the importance of cultural engagement. This trend is expected to continue, with a high level of certainty as companies innovate in their outreach and engagement strategies.
Trend: Increasing
Relevance: High
Social Factors
Changing Demographics and Audience Preferences
Description: Shifts in demographics and audience preferences are reshaping the landscape for dance companies. Younger audiences are increasingly seeking diverse and innovative performances that reflect contemporary issues and cultural narratives.
Impact: Dance companies that adapt to changing audience preferences can attract new patrons and enhance their relevance in the community. However, failure to engage with these evolving tastes may result in declining attendance and support.
Trend Analysis: The trend of changing demographics and audience preferences has been on the rise, with a strong emphasis on inclusivity and representation in the arts. This trajectory is expected to continue, driven by societal changes and increased awareness of cultural diversity, with a high level of certainty regarding its impact.
Trend: Increasing
Relevance: HighHealth and Wellness Trends
Description: The growing focus on health and wellness has led to increased interest in dance as a form of physical activity and expression. Dance companies are capitalizing on this trend by offering classes and workshops that promote physical fitness and mental well-being.
Impact: This trend can enhance community engagement and broaden the audience base for dance companies, as more individuals seek out dance as a healthy lifestyle choice. However, companies must ensure that their offerings are accessible and appealing to a diverse audience to maximize participation.
Trend Analysis: The trend towards health and wellness has been steadily increasing, with a high level of certainty regarding its future trajectory. This shift is supported by public health initiatives and a growing recognition of the benefits of physical activity, including dance.
Trend: Increasing
Relevance: High
Technological Factors
Digital Streaming and Online Performances
Description: The rise of digital streaming platforms has transformed how dance companies reach audiences. Many companies have adapted by offering online performances and classes, expanding their reach beyond traditional venues.
Impact: Digital streaming can provide new revenue streams and broaden audience access, allowing dance companies to engage with viewers who may not attend live performances. However, it also requires investment in technology and digital marketing strategies to effectively reach and retain online audiences.
Trend Analysis: The trend towards digital streaming has accelerated, particularly during the pandemic, with many companies continuing to offer online content as part of their programming. This trend is expected to remain strong, with a high level of certainty as audiences increasingly embrace digital experiences alongside live performances.
Trend: Increasing
Relevance: HighSocial Media Engagement
Description: Social media platforms have become essential tools for dance companies to promote performances, engage with audiences, and build community. Effective use of social media can enhance visibility and foster connections with patrons.
Impact: Leveraging social media can significantly boost audience engagement and ticket sales, as companies can reach wider audiences and create a sense of community around their brand. However, companies must navigate the challenges of maintaining a consistent online presence and managing audience interactions.
Trend Analysis: The trend of social media engagement has been consistently increasing, with a high level of certainty regarding its importance in marketing strategies. As platforms evolve, companies must adapt their approaches to stay relevant and effectively connect with audiences.
Trend: Increasing
Relevance: High
Legal Factors
Intellectual Property Rights
Description: Intellectual property rights are crucial for protecting the creative works of dance companies, including choreography and original performances. Recent legal developments have emphasized the importance of copyright protection in the arts.
Impact: Strong intellectual property protections can safeguard the creative output of dance companies, ensuring they receive recognition and compensation for their work. However, challenges in enforcement and infringement issues can pose risks to companies' financial viability and creative integrity.
Trend Analysis: The trend towards strengthening intellectual property rights has been increasing, driven by the need to protect artists in the digital age. The level of certainty regarding this trend is high, as legal frameworks continue to evolve to address new challenges in the arts.
Trend: Increasing
Relevance: HighLabor Regulations
Description: Labor regulations, including those related to contracts, wages, and working conditions, significantly impact dance companies and their operations. Recent changes in labor laws have raised awareness of workers' rights in the arts sector.
Impact: Compliance with labor regulations is essential for maintaining a fair and equitable workplace, but it can also lead to increased operational costs for dance companies. Companies must navigate these regulations carefully to avoid legal repercussions and ensure a positive working environment for artists and staff.
Trend Analysis: The trend towards more stringent labor regulations has been increasing, with a medium level of certainty regarding future changes. Advocacy for workers' rights in the arts is gaining momentum, which may lead to further regulatory developments.
Trend: Increasing
Relevance: Medium
Economical Factors
Sustainability Practices in the Arts
Description: There is a growing emphasis on sustainability practices within the arts, including dance companies. This trend encompasses environmentally friendly production methods, waste reduction, and energy-efficient facilities.
Impact: Adopting sustainable practices can enhance a dance company's reputation and appeal to environmentally conscious audiences. However, implementing these practices may require significant investment and operational changes, which can be challenging for smaller companies.
Trend Analysis: The trend towards sustainability in the arts has been steadily increasing, with a high level of certainty regarding its future trajectory. This shift is supported by consumer preferences and regulatory pressures for more sustainable practices in all sectors, including the arts.
Trend: Increasing
Relevance: HighClimate Change Impact on Performance Venues
Description: Climate change poses risks to performance venues, affecting their operational capabilities and audience accessibility. Extreme weather events and changing climate conditions can disrupt scheduled performances and impact attendance.
Impact: The effects of climate change can lead to increased costs for dance companies, as they may need to invest in climate-resilient infrastructure or adapt their programming to accommodate changing conditions. This can create operational challenges and affect long-term planning.
Trend Analysis: The trend of climate change impacts is increasing, with a high level of certainty regarding its effects on all sectors, including the arts. Companies must proactively address these challenges to ensure sustainability and operational continuity.
Trend: Increasing
Relevance: High
Value Chain Analysis for NAICS 711120
Value Chain Position
Category: Service Provider
Value Stage: Final
Description: Dance companies operate as service providers in the performing arts sector, focusing on producing live dance performances. They engage in the creation, rehearsal, and presentation of dance works, ensuring artistic quality and audience engagement.
Upstream Industries
Other Food Crops Grown Under Cover - NAICS 111419
Importance: Supplementary
Description: Dance companies may rely on catering services for events and performances, which provide food and beverages for audiences and performers. These services contribute to the overall experience of the event, enhancing audience satisfaction and engagement.Support Activities for Animal Production - NAICS 115210
Importance: Supplementary
Description: Some dance companies may incorporate live animals in performances, requiring specialized care and handling services. These suppliers ensure the well-being of animals during rehearsals and performances, contributing to the artistic integrity of the production.All Other Specialty Trade Contractors - NAICS 238990
Importance: Important
Description: Dance companies often engage contractors for stage design, lighting, and sound systems. These contractors provide essential technical support that enhances the visual and auditory experience of performances, directly impacting audience enjoyment.
Downstream Industries
Direct to Consumer- NAICS
Importance: Critical
Description: Dance companies sell tickets directly to consumers for performances, creating a direct relationship that allows for immediate feedback and engagement. This relationship is crucial for understanding audience preferences and ensuring high-quality experiences.Promoters of Performing Arts, Sports, and Similar Events with Facilities - NAICS 711310
Importance: Important
Description: Event promoters collaborate with dance companies to organize performances in larger venues. These partnerships help to expand audience reach and enhance marketing efforts, ensuring that performances are well-attended and financially successful.Educational Support Services- NAICS 611710
Importance: Important
Description: Dance companies often provide educational workshops and outreach programs to schools and community organizations. These initiatives foster community engagement and promote the art of dance, contributing to the company's reputation and audience development.
Primary Activities
Operations: Core processes include choreography development, dancer auditions, rehearsals, and performance production. Quality management practices involve regular assessments of dancer performance and artistic direction to ensure high standards. Industry-standard procedures include structured rehearsal schedules and feedback sessions to refine performances and enhance artistic quality.
Marketing & Sales: Marketing approaches often include social media campaigns, partnerships with local organizations, and participation in community events to raise awareness. Customer relationship practices focus on building loyalty through engaging content and personalized communication. Sales processes typically involve online ticket sales, subscription models, and promotional events to attract diverse audiences.
Support Activities
Infrastructure: Management systems in the industry include performance scheduling software and financial management tools that help track budgets and ticket sales. Organizational structures often consist of artistic directors, administrative staff, and technical crews that collaborate to ensure smooth operations. Planning systems are crucial for coordinating rehearsal schedules and performance logistics effectively.
Human Resource Management: Workforce requirements include skilled dancers, choreographers, and administrative personnel. Practices focus on continuous training and development through workshops and master classes to enhance performers' skills and artistic expression. Industry-specific skills include proficiency in various dance styles and performance techniques.
Technology Development: Key technologies include lighting and sound equipment, digital marketing tools, and ticketing platforms. Innovation practices focus on incorporating multimedia elements into performances and utilizing social media for audience engagement. Industry-standard systems often involve analytics for tracking audience demographics and preferences to inform future programming.
Procurement: Sourcing strategies involve establishing relationships with local vendors for costumes, props, and technical equipment. Supplier relationship management is crucial for ensuring timely delivery of quality materials, while purchasing practices often emphasize sustainability and cost-effectiveness.
Value Chain Efficiency
Process Efficiency: Operational effectiveness is measured through audience attendance and ticket sales, with common efficiency measures including cost management for productions. Industry benchmarks are established based on performance quality and audience engagement metrics, guiding companies in optimizing their operations.
Integration Efficiency: Coordination methods involve regular communication between artistic and administrative teams to ensure alignment on production goals and timelines. Communication systems often include collaborative platforms for sharing updates and feedback on performances and rehearsals.
Resource Utilization: Resource management practices focus on optimizing rehearsal space and technical resources to minimize costs. Optimization approaches may involve scheduling techniques that maximize the use of facilities and personnel, adhering to industry standards for efficient production management.
Value Chain Summary
Key Value Drivers: Primary sources of value creation include high-quality performances, strong community engagement, and effective marketing strategies. Critical success factors involve maintaining artistic integrity and adapting to audience preferences and trends in the performing arts.
Competitive Position: Sources of competitive advantage include the ability to produce unique and compelling performances that resonate with audiences. Industry positioning is influenced by the company's reputation, artistic vision, and relationships with local communities and organizations, impacting market dynamics.
Challenges & Opportunities: Current industry challenges include competition for audience attention, funding constraints, and the impact of economic fluctuations on ticket sales. Future trends may involve increased demand for diverse programming and innovative performance formats, presenting opportunities for growth and audience expansion.
In-Depth Marketing Analysis
A detailed overview of the Dance Companies industry’s market dynamics, competitive landscape, and operational conditions, highlighting the unique factors influencing its day-to-day activities.
Market Overview
Market Size: Medium
Description: This industry encompasses organizations primarily engaged in producing live theatrical dance performances, including ballet, contemporary dance, and folk dance. These companies may operate their own venues or collaborate with existing theaters to stage their productions, focusing on artistic expression and cultural representation through dance.
Market Stage: Growth. The industry is experiencing growth as interest in live performances increases, supported by rising attendance at cultural events and festivals. Companies are expanding their outreach through educational programs and community engagement, enhancing their visibility and audience base.
Geographic Distribution: Regional. Dance companies are typically concentrated in urban areas where cultural activities thrive, with notable clusters in cities known for their artistic communities, such as New York City, San Francisco, and Chicago.
Characteristics
- Diverse Performance Styles: Organizations within this industry showcase a variety of dance forms, from classical ballet to modern and folk dance, allowing them to appeal to a broad audience and cater to different cultural tastes.
- Collaborative Productions: Many companies collaborate with choreographers, musicians, and visual artists to create unique performances, which enhances the artistic quality and attracts diverse audiences.
- Community Engagement: Dance companies often engage with local communities through workshops, outreach programs, and educational initiatives, fostering a deeper connection with their audience and promoting the art of dance.
- Seasonal Performance Cycles: The operational calendar is often structured around seasonal performances, with peak activity during specific months when major productions are staged, requiring careful planning and resource allocation.
Market Structure
Market Concentration: Fragmented. The industry is characterized by a large number of small to medium-sized companies, with few dominant players. This fragmentation allows for a variety of artistic expressions and performance styles.
Segments
- Professional Dance Companies: These organizations focus on producing high-quality performances and often employ professional dancers, choreographers, and production staff, catering to audiences seeking artistic excellence.
- Community Dance Groups: These groups typically operate on a smaller scale, often relying on volunteer dancers and local talent, and focus on community engagement and educational outreach.
- Educational Institutions: Many dance companies are affiliated with educational institutions, providing training and performance opportunities for students, which helps to cultivate the next generation of dancers.
Distribution Channels
- Theatrical Performances: Live performances are the primary distribution method, with companies staging shows in theaters, community centers, and outdoor venues, directly reaching audiences through ticket sales.
- Digital Platforms: Increasingly, companies are utilizing digital platforms to stream performances and engage with audiences online, expanding their reach beyond physical venues.
Success Factors
- Artistic Innovation: The ability to create unique and compelling performances that resonate with audiences is crucial for attracting ticket sales and funding.
- Strong Community Ties: Building relationships with local communities enhances audience loyalty and support, which is vital for sustainability in this industry.
- Effective Marketing Strategies: Utilizing social media and targeted marketing campaigns helps companies reach potential audiences and increase attendance at performances.
Demand Analysis
- Buyer Behavior
Types: Primary buyers include individual ticket purchasers, educational institutions seeking performances for students, and corporate sponsors looking to support the arts.
Preferences: Audiences prefer diverse programming that includes both traditional and contemporary works, with an increasing demand for inclusive and culturally representative performances. - Seasonality
Level: Moderate
Performance schedules often peak during specific seasons, such as spring and fall, aligning with cultural festivals and school calendars, while summer may see a decline in performances.
Demand Drivers
- Cultural Interest: A growing public interest in the arts and live performances drives demand for dance productions, as audiences seek enriching cultural experiences.
- Educational Programs: Dance education programs in schools and communities create a pipeline of interest in performances, as students and families often attend shows to support their peers.
- Tourism and Events: Major cultural events and festivals attract tourists, increasing demand for performances during peak seasons.
Competitive Landscape
- Competition
Level: Moderate
Competition exists among various companies for audience attention and funding, with organizations often vying for grants, sponsorships, and ticket sales.
Entry Barriers
- Funding Challenges: New entrants often face difficulties securing initial funding and sponsorships, which are critical for launching and sustaining operations.
- Artistic Reputation: Established companies have the advantage of a strong reputation and loyal audience base, making it challenging for newcomers to gain visibility.
Business Models
- Non-Profit Organizations: Many dance companies operate as non-profits, relying on donations, grants, and ticket sales to fund their artistic endeavors and community programs.
- For-Profit Companies: Some companies operate for profit, focusing on commercial performances and partnerships with corporate sponsors to generate revenue.
Operating Environment
- Regulatory
Level: Low
While there are few specific regulations governing dance companies, they must comply with general business regulations, including labor laws and safety standards for performances. - Technology
Level: Moderate
Technology plays a role in production and marketing, with companies using lighting, sound equipment, and digital platforms for promotion and performance streaming. - Capital
Level: Moderate
Initial capital requirements can vary widely, with smaller companies needing less investment for basic operations, while larger organizations may require significant funding for productions.
Questions & Answers
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What is the SBA NAICS 711120 revenue limit?
Businesses with an annual revenue under $12,000,000 are considered small businesses by SBA.
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How many active businesses operate in NAICS Code 711120?
There are 1,132 verified business locations operating primarily in this industry.
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What was the total revenue for NAICS Code 711120?
In 2017 the total revenue for Dance Companies was $831,608,000
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What was the annual payroll for NAICS Code 711120?
In 2017 the annual payroll for Dance Companies was $291,205,000
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How many people work in NAICS Code 711120?
The number of reported paid employees is 10,272.