This analysis includes data from 734 arts and culture organizations.

• Organizations had budgets ranging from $900 to $117M in 2023, with an average budget of $2,500,000 and a median budget of $468,000.
• Small (under $500k) – 410 (56%)
• Medium ($500k-$1M) – 126 (17%)
• Large ($1m+) – 198 (27%)

• Organizations analyzed are located in 17 states.

• 11% (81 organizations) self-identify as having a mission rooted in a Black, Indigenous, or People of Color (BIPOC) community or tradition, 89% do not.
• BIPOC organizations in the cohort had an average budget of $1 million and a median budget of $408,000 in 2023.
• Non-BIPOC organizations in the cohort had an average budget of $2.8 million and a median budget of $471,000 in 2023.

• All organizations analyzed submit their data through Cultural Data Profile, either through participating grantmakers or our national service organization partners (Opera America and Theatre Communications Group). We extend our gratitude to all organizations whose time and effort invested in the CDP allows us to share these findings.

The figures analyzed represent mean and median trends from 2019 to 2023 for these arts organizations. For certain analyses, we take inflation into account, since what cost $1 at the end of 2019 cost $1.19 at the end of 2023. Inflation adjusted figures will be called out in the text as inflation adjusted, or real dollars, or labeled as such in data visualizations.