>> Snap Facts >> February 2004

Snap Facts September 2004

 

DID YOU KNOW...

...that Dance/USA's membership includes over 90 widely diverse dance companies in 21 states. Among them are eight of the ten largest companies in the nation, but also over 50 companies with budgets under $1 million. Thirteen of these mid to smaller companies are even under $100,000. Dance/USA represents companies of ALL sizes. 

...that Dance/USA's member dance companies perform and teach a wide range of styles and genres. These include both classical and contemporary ballet, both classical and contemporary modern, as well as jazz, tap, cross-disciplinary fusions and traditional to modern work rooted in other cultures such as West African, Kathak, Flamenco and Chinese/Modern among others. Dance/USA represents companies of ALL types. 

...that Dance/USA's membership features over 100 presenters, service organizations and educational institutions in over 30 states. These include new, emerging and long-established institutions as well as large, medium and small ones, serving local, regional and national constituencies.

...Financial struggles for major dance companies are at crisis levels. 22 of the 30 largest Modern/Contemporary and Ballet companies in America lost money in two or three of the four years from FY 00 through FY 03. One company lost money all four years.

...Nineteen of the 30 largest Modern/Contemporary and Ballet companies in America lost money in their unrestricted general operations in FY 03. Losses totaled $9.7 million, ranging widely from over $3 million to just over $100,000.

...Among the 30 largest Ballet and Modern/Contemporary companies in America 24 reported having permanently restricted endowment funds in FY 03. These funds totaled $212.5 million, up from a total of $197.9 million in FY 02.

...Despite stock market fluctuations, endowments among the 30 largest Ballet and Modern/Contemporary companies in America have tended to increase in the 00s. Rates of change from FY 00 to FY 03 varied widely for the 24 companies with endowments, and the median for this group was a 20% increase.

 


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