Data represents mean averages for every organization reporting data in that fiscal year, unless otherwise noted. For more information about methodology see our methodology page.
Revenue
Percentage of Earned and Contributed Revenue*
Revenue Type | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 1-Year Change | 6-Year Change |
Contributed Revenue | 58% | 67% | 71% | 66% | 62% | 59% | -3% | 1% |
Earned Revenue | 42% | 33% | 26% | 36% | 38% | 40% | 4% | -5% |
* The percentage of total revenue that was contributed or earned. These percentages are calculated for each organization, and then averaged across the sample. For this reason, they are not expected to total to 100%.
Total Annual Unrestricted Revenue by Type
Revenue Type | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 1-Year Change | 6-Year Change* |
Earned Revenue | $1,392,145 | $887,899 | $564,954 | $1,098,714 | $1,229,943 | $1,013,653 | -18% | -41% |
Contributed Revenue | $1,371,593 | $1,413,715 | $1,554,454 | $1,803,936 | $1,665,434 | $1,166,287 | -30% | -31% |
Investment Revenue | $376,369 | $229,580 | $394,629 | $6,150 | $252,637 | $174,003 | -31% | -62% |
*The 6-year change has been adjusted for inflation, at an inflation rate of 23% from 2019-2024.
Total Unrestricted Contributed Revenue by Source
Revenue Source | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 1-Year Change | 6-Year Change* |
Trustee | $139,045 | $151,613 | $122,377 | $133,015 | $110,870 | $94,914 | -14% | -45% |
Individual | $266,852 | $289,748 | $306,478 | $310,143 | $337,654 | $227,322 | -33% | -31% |
Corporate | $80,955 | $73,189 | $62,760 | $67,838 | $71,188 | $41,665 | -41% | -58% |
Foundation | $702,865 | $674,132 | $740,139 | $787,704 | $752,857 | $563,173 | -25% | -35% |
Government | $291,271 | $266,159 | $412,925 | $502,019 | $315,812 | $233,689 | -26% | -35% |
*The 6-year change has been adjusted for inflation, at an inflation rate of 23% from 2019-2024.
Revenue Increase vs. Decrease by Type
Revenue Type | % of Organizations with Increase | % of Organizations with Decrease |
Contributed Revenue | 55% | 45% |
Earned Revenue | 62% | 38% |
Total Revenue | 62% | 38% |
Expenses and Capacity
Personnel and Non-personnel Expenses
Expense Type | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 1-Year Change | 6-Year Change* |
Personnel | $1,683,740 | $1,567,281 | $1,245,071 | $1,800,554 | $1,747,037 | $1,339,522 | -23% | -35% |
Non-personnel | $1,231,489 | $1,010,716 | $798,077 | $1,234,159 | $1,261,931 | $993,510 | -21% | -34% |
*The 6-year change has been adjusted for inflation, at an inflation rate of 23% from 2019-2024.
Artists and Other Personnel Expenses
Expense Type | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 1-Year Change | 6-Year Change* |
Artist | $399,959 | $302,414 | $228,573 | $318,535 | $319,009 | $283,512 | -11% | -42% |
Other Personnel | $1,372,119 | $1,262,812 | $1,006,640 | $1,473,548 | $1,420,786 | $1,047,863 | -26% | -38% |
*The 6-year change has been adjusted for inflation, at an inflation rate of 23% from 2019-2024.
Full- and Part-Time Staff Count
Staff Type | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 1-Year Change | 6-Year Change |
Full-Time | 15 | 15 | 14 | 15 | 14 | 12 | -17% | -20% |
Part-Time | 13 | 11 | 9 | 11 | 12 | 10 | -12% | -18% |
Paid and Free Attendee Count
Attendee Type | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 1-Year Change | 6-Year Change |
Paid | 29,556 | 14,589 | 9,688 | 16,241 | 20,356 | 23,005 | 13% | -22% |
Free | 27,106 | 12,280 | 11,636 | 15,508 | 16,777 | 20,510 | 22% | -24% |
Bottom Line
Total Unrestricted Operating Revenue and Expenses
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 1-Year Change | 6-Year Change* | |
Total Revenue | $2,891,126 | $2,404,631 | $2,342,276 | $2,997,850 | $3,018,476 | $2,274,337 | -25% | -36% |
Total Expenses | $2,725,565 | $2,374,617 | $1,839,245 | $2,795,829 | $2,789,849 | $2,141,724 | -23% | -36% |
*The 6-year change has been adjusted for inflation, at an inflation rate of 23% from 2019-2024.
Percentage of Organizations in Deficit
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
Organizations Reporting a Deficit | 36% | 33% | 26% | 38% | 43% | 44% |
Median Months of Working Capital
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
Number of Months | 2.33 | 3.48 | 6.75 | 5.7 | 4.64 | 4.25 |
Percentage of Organizations by Months of Working Capital
Number of Months | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
<0 Months | 20% | 16% | 9% | 8% | 12% | 13% |
0-3 Months | 36% | 30% | 18% | 22% | 25% | 29% |
3-6 Months | 18% | 22% | 19% | 22% | 20% | 18% |
6-12 Months | 14% | 17% | 26% | 26% | 23% | 24% |
>12 Months | 12% | 16% | 29% | 22% | 20% | 17% |
<3 Months | 56% | 45% | 26% | 30% | 37% | 41% |