Art Dealers and Galleries
SIC 5999 | NAICS 453920
The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.
Select from the following sections or scroll below for a complete listing of available resources:
▪ Industry Analysis, Statistics, Trends, and Forecasts
▪ Financial Information and Financial Ratios
▪ Compensation and Salary Surveys
▪ Business Valuation Resources
For resource guides specific to other industries, see our index which lists resource guides by SIC code for over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:
Redwood Media Group
Quarterly trade journal features news and information for industry professionals, with topics covered in various issues including industry news and analysis, market trends, effective business practices, marketing strategies, artist and gallery profiles, and book and product reviews. Digital editions of the magazine are available free online, with free subscription available to qualified trade professionals.
First Research profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, business challenges, issues, trends, and opportunities, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:
Collectors' guide provides an overview of the various types of dealers (e.g., primary-market, secondary-market, and public and private dealers) and the roles they play in the marketplace such as educating clients, arranging exhibitions, publishing catalogs and monographs, curating art collections, providing appraisals for a variety of purposes, and acting as a principal or agent in buying and selling artworks.
The Role of Art & Antique Dealers: Historical and Future Perspectives
Comprehensive study analyzes the changing role of dealers in the marketplace, with topics covered in the study including dealers in the current market, backgrounds, education, and demographics, business models, specialization, retail galleries, event-driven market, online sales movement, credit and finance, regulatory issues, competition for supply, dealers versus auction houses, and artists as competition.
Edward Winkleman, Winkleman Gallery
How To Start and Run a Commercial Art Gallery
Topics covered in this guide to starting and running a gallery include defining a program, other branding issues, business models, customary practices, primary and secondary markets, location and build-out issues, managing cash flow, logistics, staffing, management practices, and promotional efforts. Table of contents and selected excerpts from this guide can be previewed via Amazon's "Look Inside" feature.
Art Gallery’s Guide to the New Consumer Market:
Retailer’s Guide to Marketing in New Luxury Style
Market research study provides in-depth analysis of the affluent consumer market for retail art galleries, with topics addressed in the report including affluent consumer demographics, consumer demand and spending, types of items purchased, where purchases are made, most recent purchase, reasons for most recent shopping experience, consumer attitudes and personalities, and marketing opportunities.
Financial Benchmarking Data
Art Dealers and Galleries
http://www.bizminer.com Search for "453920"
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow analysis, and key financial and operating ratios, with detailed financial benchmarking data available by sales size range on a national, state, and metro area level.
Financial information section of this profile provides income statements, balance sheets, and financial ratios for companies that buy and sell original and limited-edition artworks such as paintings, drawings, prints, photographs, and sculptures on a consignment basis or from their own inventory, or act as an agent or auction house that brings buyers and sellers together and receives a commission on the sale.
Compensation and Salary Surveys
Free online service provides median salary and hourly wage data for selected job positions such as executive director, executive assistant, office manager, retail store manager, sales associate, curator, graphic designer, and framer for firms that sell original and limited-edition artworks such as paintings, drawings, prints, photographs, and sculptures on a consignment basis or from their own inventory.
U.S. Bureau of Labor Statistics
Miscellaneous Store Retailers
Annual employment and wage survey provides hourly and annual wage data for personnel employed in this retail sector on a national, state, and metro area basis, with art-related job positions covered in the survey including art directors, curators, craft artists, fine artists (e.g., painters, sculptors, and illustrators), graphic designers, interior designers, merchandise displayers, and window trimmers.
Business Valuation Resources
Commercial Art Galleries
Comprehensive reference guide provides market-based valuation multiples for small businesses that sell original and limited-edition artworks such as paintings, drawings, prints, photographs, sculptures, and other types of media to the general public on a consignment basis or from their own inventory.