Dance Data Project® (DDP), based in Illinois, the United States, published its third Largest Contemporary and Modern Companies Report, which highlighted the financial gap remaining between them and classical ballet-based companies.
The annual report surveyed the financial aspects of 125 largest U.S. contemporary and modern dance companies for the fiscal year 2022. The number was expanded from 75 included in the report last year.
“The Largest 125companies generated a total revenue of $217,912,129 in FY22 compared to the FY22 total expenses of $176,709,221, indicating a surplus over their expenditures for the year,” DDP said.
“However, the revenue gap remains pronounced, with the Largest 125 ballet and classically based companies generating 3.78 times more revenue than the Largest 125 contemporary and modern dance companies in FY22.”
Largest Contemporary and Modern Companies Report, published on 31 October 2024, can be downloaded from here.
DDP published its sixth annual study of the Largest U.S. Ballet and Classically Based Companies in July.
These reports include interesting rankings. Reports included company rankings by revenue for the first time.
The top ballet and classically based company and contemporary and modern company by 2022 fiscal-year revenues are The New York City Ballet and Alvin Ailey American Dance Theater, respectively. Alvin Ailey also ranked number three in the ballet and classically-based category.
The largest ballet and classically-based company by the number of dancers for the fiscal year 2022 was the American Ballet Theatre. Alvin Ailey was 17th. The reports do not provide the same rankings for the contemporary and modern dance companies.
DDP also publishes many other interesting surveys such as the gender distribution of leadership at ballet and classically based companies in the United States.