Museums Industry - Market Research, Statistics, and Financial Data

Museums - Market Size and Industry Forecast

This Museums report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)

Included

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

Industry Revenue ($ Billions)

Museums Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020


Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The museums research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Museums - Geographic Breakdown by U.S. State

Market size by state evaluates local opportunity and measures 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 companies in the United States.

Museums Revenue by State

Market Share by State

Museums - Distribution by Company Size

Company Size All Industries Museums
Small Business (< 5 Employees)

Included

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

Museums - 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 Average Percent of Sales
Total Revenue

Included

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

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Museums - Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios

Included

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 · Product Mix

Product Description Description Revenue
($ Millions)
Industry total

Included

Contributions, gifts, & grants - private
Admissions to cultural institutions
Admissions to museums
Investment income, including interest & dividends
Contributions, gifts, & grants - government
Gains (losses) from assets sold
Resale of merchandise
All other operating receipts
All other revenue

Museums - Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 8%

Included

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%

Museums - Government Contracts

In 2008, the federal government spent a total of $22,311,909 on the museums industry. It has awarded 268 contracts to 146 companies, with an average value of $152,821 per company.

Museums and Adjacent Industries · Top Companies

Company Address Revenue
($ Millions)

Included





Museums Industry Report
Geography United States  
Publication Date June 2019
Report Format PDF Download  
Price $999.99

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