Museums and Art Galleries
SIC 8412 | NAICS 712110
The following guide to industry analysis, trends, and statistics provides sources for market research and analysis, financial ratios and benchmarking data, compensation and salary surveys, and more.
Select from the following sections or scroll below to view available resources:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Trends, Statistics, and Forecasts
Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:
International Council of Museums
ICOM News Magazine
Triannual publication features news and information for museum professionals, with "Special Reports" covering topics such as visitor experience, merchandising, financing, and training professionals, and "Best Practices" section articles addressing topics such as events management, traveling exhibitions, acquisition policy, and stocking collections. Digital editions of the magazine are available free online.
Museums, Zoos, and Parks
First Research profiles provide analysis, statistics, and forecasts for a wide range of industries, with content sections including industry overview, recent developments, issues and challenges, business trends and opportunities, leading companies, executive insights, financial benchmarking information, and 5-year revenue growth forecast. Profiles are updated monthly; sample report is available online.
American Alliance of Museums
Publications available from this organization include:
The Official Museum Directory
Libraries, Museums, and Cultural Services in the US
Market research report analyzes key trends and developments for this market sector in the U.S., with topics addressed in the report including industry overview, market growth and industry performance, competitive environment, organization demographics, customers and suppliers, industry prospects, and five-year forecasts. Sample report and detailed table of contents can be viewed free online.
Financial Ratios and Benchmarking Data
Museums and Art Galleries
https://www.bizminer.com Search for "712110"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
Art Museums By the Numbers
Annual survey provides aggregate benchmarking measures for art museums, with information provided including revenue and expenses per visitor, average sources of revenue and support (e.g., government, memberships, contributions, admission, other sources, endowment income), and average operating expenses (revenue-generating and arts-focused activities, administration, infrastructure, and other).
More Resources ››
Compensation and Salary Surveys
National Comparative Museum Salary Study
Annual salary survey provides detailed compensation and benefits information for over 50 job positions on a national basis, with survey data broken out by type of institution, annual budget size, geographic region, and geographic setting (e.g., urban, rural, and suburban) as well as personal characteristics for individual job holders such as age, gender, education level, and years of experience in current position.
Salary and Benefits Survey
Biennial salary survey provides compensation and benefits information for more than 70 full-time and part-time job positions in over 100 New York State museums and other institutions, with compensation data broken out by budget size, discipline, and institution geographic location, and employee benefits practices addressed in the survey including health insurance coverage and paid time-off policies.
Annual compensation survey provides salary information for art museum professionals in the U.S. and Canada, with compensation statistics reported on a national basis and by metropolitan area based on MSA (metropolitan statistical area), CMSA (consolidated metropolitan statistical area), and PMSA (primary metropolitan statistical area). Current and prior year surveys can be purchased online.
More Resources ››
Business Valuation Resources