2024 Arts, Entertainment & Recreation Industry Statistics Report

Arts, Entertainment & Recreation - Market Size and Industry Forecast

The 2024 Arts, Entertainment and Recreation Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Arts, Entertainment & Recreation industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Arts, Entertainment & Recreation - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Arts, Entertainment & Recreation companies in the United States.

Arts, Entertainment & Recreation Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesArts, Entertainment & Recreation
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Arts, Entertainment & Recreation - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Arts, Entertainment & Recreation - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Arts, Entertainment & Recreation - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%


Chief Executives0%
General and Operations Managers3%
Business and Financial Operations Occupations8%
Business Operations Specialists7%
Agents and Business Managers of Artists, Performers, and Athletes40%
Agents and Business Managers of Artists, Performers, and Athletes40%
Education, Training, and Library Occupations6%
Librarians, Curators, and Archivists9%
Archivists, Curators, and Museum Technicians9%
Arts, Design, Entertainment, Sports, and Media Occupations26%
Art and Design Workers15%
Artists and Related Workers13%
Fine Artists, Including Painters, Sculptors, and Illustrators7%
Entertainers and Performers, Sports and Related Workers17%
Actors, Producers, and Directors5%
Producers and Directors6%
Athletes, Coaches, Umpires, and Related Workers11%
Coaches and Scouts5%
Musicians, Singers, and Related Workers5%
Musicians and Singers16%
Media and Communication Workers15%
Writers and Editors8%
Writers and Authors6%
Media and Communication Equipment Workers9%
Broadcast and Sound Engineering Technicians and Radio Operators6%
Protective Service Occupations7%
Other Protective Service Workers6%
Security Guards and Gaming Surveillance Officers6%
Security Guards6%
Miscellaneous Protective Service Workers5%
Lifeguards, Ski Patrol, and Other Recreational Protective Service Workers5%
Food Preparation and Serving Related Occupations6%
Cooks and Food Preparation Workers5%
Food and Beverage Serving Workers9%
Fast Food and Counter Workers9%
Waiters and Waitresses5%
Waiters and Waitresses5%
Building and Grounds Cleaning and Maintenance Occupations6%
Building Cleaning and Pest Control Workers6%
Building Cleaning Workers6%
Grounds Maintenance Workers5%
Grounds Maintenance Workers5%
Landscaping and Groundskeeping Workers5%
Personal Care and Service Occupations16%
Supervisors of Personal Care and Service Workers6%
First-Line Supervisors of Gaming Workers5%
Animal Care and Service Workers7%
Nonfarm Animal Caretakers6%
Nonfarm Animal Caretakers6%
Entertainment Attendants and Related Workers13%
Gaming Services Workers21%
Gaming Dealers17%
Ushers, Lobby Attendants, and Ticket Takers8%
Ushers, Lobby Attendants, and Ticket Takers8%
Miscellaneous Entertainment Attendants and Related Workers6%
Amusement and Recreation Attendants12%
Tour and Travel Guides11%
Tour and Travel Guides11%
Other Personal Care and Service Workers16%
Childcare Workers6%
Childcare Workers6%
Recreation and Fitness Workers13%
Fitness Trainers and Aerobics Instructors11%
Sales and Related Occupations6%
Retail Sales Workers6%
Gaming Change Persons and Booth Cashiers5%
Office and Administrative Support Occupations11%
Information and Record Clerks9%
Receptionists and Information Clerks6%
Receptionists and Information Clerks6%
Secretaries and Administrative Assistants19%
Secretaries and Administrative Assistants19%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive16%
Other Office and Administrative Support Workers6%
Office Clerks, General6%
Office Clerks, General6%
Installation, Maintenance, and Repair Occupations5%
Transportation and Material Moving Occupations6%
Material Moving Workers10%
Laborers and Material Movers, Hand10%
Laborers and Freight, Stock, and Material Movers, Hand10%

Government Contracts

In the past, the federal government spent an annual total of $88,201,918 on the arts, entertainment & recreation industry. It has awarded 4,623 contracts to 1,214 companies, with an average value of $72,654 per company.

Arts, Entertainment & Recreation and Adjacent Industries - Top Companies

($ Millions)


Arts, Entertainment & Recreation Industry Research
GeographyUnited States  
Publication DateMay 2024
Report FormatPDF Download  PDF

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