Arts, Entertainment, and Recreation ·NAICS 7111

NAICS 7111 · IRS SOI 2023 · Census CBP

Performing Arts Companies - Industry Benchmarks

$45,637/yr average annual pay, with 490 SBA loans on record for NAICS 7111.

11.0%
Arts, Entertainment, and Recreation sector margin
128K
Workers employed
$45,637/yr
Avg payroll / employee
$169M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 7111

New York leads Performing Arts Companies activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Arts, Entertainment, and Recreation sector runs a 11.0% net margin.

11.0%
Arts, Entertainment, and Recreation sector margin (IRS SOI)
128K
Workers employed (Census CBP)
$45,637/yr
Avg payroll / employee
$169M
SBA lending, FY20–26

Benchmarking Insights for Performing Arts Companies

Performing Arts Companies sits inside Arts, Entertainment, and Recreation, a sector that runs a 11.0% net margin overall.

10,511 establishments employ 127,604 workers (12.1/location) at $45,637/yr average annual pay. New York leads employment, followed by California and Florida.

Employment

127,604

Total employees (Census CBP)

Avg Payroll / Employee

$45,637/yr

Annual compensation

Establishments

10,511

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 10,282; establishment count increased by 251. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Workforce scale

Financial Detail

Annual Payroll (Total)
$5.8B
Avg Employees per Establishment
12.1

Sub-Industries

Industry Profit Margin
Dance Companies

NAICS 71112

N/A
Musical Groups and Artists

NAICS 71113

N/A
Other Performing Arts Companies

NAICS 71119

N/A
Theater Companies and Dinner Theaters

NAICS 71111

N/A

Top States by Employment

State Employment
New York 21,647
California 17,372
Florida 7,597
Texas 6,217
Illinois 5,730
Tennessee 5,207
Pennsylvania 4,409
Washington 3,693
Ohio 3,311
Missouri 3,174

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

490

Total Loan Volume

$169M

Avg Loan Size

$345K

Jobs Supported

4,004

Program Breakdown

7(a) 431 (88%)
504 59 (12%)

Top SBA Lender

The Huntington National Bank

33 loans in this industry

New Business Share

27.3% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
30
2021
35
2022
60
2023
84
2024
121
2025
147
2026
13

Frequently Asked Questions

How profitable is Performing Arts Companies?
IRS SOI doesn't publish margin data at the NAICS 7111 level. New York leads this industry nationally. The broader Arts, Entertainment, and Recreation sector runs a 11.0% net margin (IRS SOI 2023).
How many businesses are in Performing Arts Companies?
10,511 business establishments. Together they employ 127,604 workers.
What is the average payroll per employee in Performing Arts Companies?
$45,637/yr average annual pay per employee. Businesses average 12.1 employees per establishment.
Which states have the most Performing Arts Companies employment?
New York leads with 21,647 workers. California (17,372) and Florida (7,597) round out the top three.
How much SBA lending does Performing Arts Companies receive?
Performing Arts Companies businesses received 490 SBA loans totaling $169 million between FY2020 and FY2026. The average loan size was $345K. These loans supported 4,004 jobs at origination. Most lending (88%) came through the SBA 7(a) program.

Comparable industry benchmarks

These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.

How this ranks: Its Census employment total exceeds 39% of that same 259-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.

Closest workforce scale

Same NAICS detail level, ordered by the smallest difference in reported Census employment.

Benchmarking Performing Arts Companies

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 7111 · Data year: 2023

According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.

Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023

Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.