Museums, Historical Sites & Similar Institutions Industry: Statistics, Forecasts, and Company Data
Museums, Historical Sites & Similar Institutions - Market Size and Industry Forecast
The 2023 Museums, Historical Sites and Similar Institutions Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the museums, historical sites & similar institutions industry.
| Historical | Forecasted |
|---|
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|
| 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)
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.
Museums, Historical Sites & Similar Institutions - 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 Museums, Historical Sites & Similar Institutions companies in the United States.
Museums, Historical Sites & Similar Institutions Revenue by State
Distribution by Company Size
| Company Size | All Industries | Museums, Historical Sites & Similar Institutions |
|---|
| Small Business (< 5 Employees) |
|
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Museums, Historical Sites & Similar Institutions - Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies included).
| Industry Average | Percent 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
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Museums, Historical Sites & Similar Institutions - Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios |
|
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Museums, Historical Sites & Similar Institutions - Product Mix
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total |
|
| Contributions, gifts, & grants - private |
| Admissions to cultural institutions |
| Contributions, gifts, & grants - government |
| Investment income, including interest & dividends |
| Resale of merchandise |
| Gains (losses) from assets sold |
| All other revenue |
| All other operating receipts |
| Membership services |
Museums, Historical Sites & Similar Institutions - Compensation and Salary Surveys
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 8% |
|
| Chief Executives | 0% |
| General and Operations Managers | 3% |
| Business and Financial Operations Occupations | 6% |
| Business Operations Specialists | 5% |
| Education, Training, and Library Occupations | 15% |
| Librarians, Curators, and Archivists | 9% |
| Archivists, Curators, and Museum Technicians | 9% |
| Protective Service Occupations | 5% |
| Building and Grounds Cleaning and Maintenance Occupations | 5% |
| Personal Care and Service Occupations | 21% |
| Tour and Travel Guides | 11% |
| Tour and Travel Guides | 11% |
| Sales and Related Occupations | 9% |
| Retail Sales Workers | 7% |
| Office and Administrative Support Occupations | 13% |
Government Contracts
In the past, the federal government spent an annual total of
$34,986,134 on the museums, historical sites & similar institutions industry. It has awarded 353 contracts to 181 companies, with an average value of $193,294 per company.
Museums, Historical Sites & Similar Institutions and Adjacent Industries - Top Companies
| Company | Address | Revenue
($ Millions) |
|---|
|
