Total Revenue for Performing Arts Companies, Establishments Exempt from Federal Income Tax
REV7111TAXEPT144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,317.00
Year-over-Year Change
63.63%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures total revenue for performing arts companies that are exempt from federal income tax. It provides insights into the financial health and activity of this important sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Total Revenue for Performing Arts Companies, Establishments Exempt from Federal Income Tax series tracks quarterly revenue for non-profit performing arts organizations, such as theaters, dance companies, and orchestras. This metric is a key indicator of economic conditions and consumer demand in the arts and culture industry.
Methodology
The data is collected through surveys of performing arts companies.
Historical Context
This revenue trend is closely monitored by policymakers, arts institutions, and economists to assess the financial stability and growth of the performing arts sector.
Key Facts
- Quarterly data available since 2006.
- Covers over 4,000 performing arts companies.
- Reflects revenue from ticket sales, donations, and other sources.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total quarterly revenue for performing arts companies that are exempt from federal income tax, such as theaters, dance troupes, and orchestras.
Q: Why is this trend relevant for users or analysts?
A: This revenue metric provides insights into the financial health and consumer demand for the performing arts industry, which is an important part of the cultural and creative economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of performing arts companies.
Q: How is this trend used in economic policy?
A: Policymakers, arts institutions, and economists closely monitor this revenue trend to assess the financial stability and growth of the performing arts sector.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Total Revenue for Performing Arts Companies, Establishments Exempt from Federal Income Tax (REV7111TAXEPT144QNSA), retrieved from FRED.