SIC 7911 | NAICS 611610
The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.
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. Topics addressed in the reports include:
Monthly trade publication features news and information for studio owners, managers, and teachers, with a primary focus on practical advice on how to operate a successful program or studio and with topics covered including best practices, expert advice, tools, and resources. Selected articles from current and prior issues, listings, and supplements focused on specific topics are available online.
Monthly magazine provides news and information for studio owners, managers, and instructors, with topics covered in the May/June "Business Bonanza" issue including creating and maintaining a good online reputation, technology tools and resources for the classroom, and wholesale, retail, and online options for dancewear sales. Selected articles from current and archived issues are available online.
Comprehensive reference guide covers the various aspects of successfully operating a studio, with topics covered in the guide including studio models, staffing and employees, special considerations for professional instructors, marketing guidelines, private lesson programs, group lesson programs, and studio policies, supplies, and essentials. Detailed table of contents can be viewed free online.
Resource site for studio owners features information on starting, owning, and growing a successful business, with topics covered on the site including studio management, faculty and staff, marketing, customer service, artistic direction, competitions, costumes, dancewear, and other profit sources. Selected sample articles are available free online, with 30-day free trial available with registration.
Quarterly journal features articles focused on practical approaches to education and teaching for studio
teachers and instructors and educational professionals, with topics covered in the journal
in a "how-to" format including teaching and learning models, innovations in teaching techniques, technological
applications to teaching, addressing student needs, and assessment strategies.
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 including:
Financial information section provides an analysis of industry income and expenses as a percentage of revenue for firms that offer group instructional classes, private lessons, and personalized training programs in ballroom dancing, ballet, tap, and other forms of traditional or contemporary dance and may also sell products such as dancewear, shoes, food, beverages, and other related merchandise.
Annual financial statement analysis provides common-size income statements, balance sheets, and financial ratios by company size based on sales and total assets for non-academic enterprises that offer instruction in art, music, dance, and drama (e.g., art schools, piano and guitar instruction, voice lessons, ballet schools, ballroom dancing lessons, performing arts schools, and acting classes.)
Annual HEADS (Higher Education Arts Data Services) survey provides detailed statistical information on degree-granting programs in higher education, with financial information provided including specific income sources for the program unit, expenses of the program unit, total expenditures per semester and quarter credit hour, and average instructional salary and total expenditures per majoring student.
Free online service provides median salary, bonus, and hourly wage rate data for job positions in this education service sector such as studio owner, executive director, marketing director, choreographer, instructor, teacher, office manager, and receptionist, with employers for which wage data is provided including franchise studios of Arthur Murray International, Inc. and Fred Astaire Dance Studios, Inc.
Annual HEADS (Higher Education Arts Data Services) survey provides detailed statistical information
on degree-granting programs in higher education, with compensation information provided including executive
salaries based on months in contract year, full-time faculty salaries by gender, instructional salaries
per semester and quarter credit hour, and average instructional salary per majoring student.
Interactive database provides detailed transaction data for over 38,000 private and public companies sold for prices ranging from under $250,000 to over $500,000,000, with valuation measures provided including market value of invested capital as a multiple of revenue, gross profit, EBIT, EBITDA, SDE, and book value of invested capital. User guide, free webinar, and sample reports are available online.