Museums, Historical Sites & Similar Institutions Industry

NAICS: 712

Museums, Historical Sites & Similar Institutions Market Share: Largest Companies in the Museums, Historical Sites & Similar Institutions Industry

Company	Headquarters	Revenue ($ MM)
MERLIN ENTERTAINMENTS GROUP US	Orlando, FL	100
ZOOLOGICAL SOCIETY OF SAN DIEGO	San Diego, CA	29
ART INSTITUTE OF CHICAGO	Chicago, IL	21
WILDLIFE CONSERVATION SOCIETY	Bronx, NY	15
COLONIAL WILLIAMSBURG FOUNDATION	Williamsburg, VA	15
METROPOLITAN MUSEUM OF ART	New York, NY	14
TOLEDO ZOOLOGICAL SOCIETY	Toledo, OH	14
DISTRICT COUNCIL 37 CULTURAL INSTITUTE HEALTH & SECURITY PLAN TRUST	New York, NY	14
J. PAUL GETTY TRUST	Los Angeles, CA	13
BILTMORE WORKFORCE MANAGEMENT	Ashville, NC	11
MUSEUM OF FINE ARTS HOUSTON	Houston, TX	8
YERBA BUENA CENTER FOR ARTS	San Francisco, CA	7
MUSEUM OF MODERN ART	New York, NY	6
EXPLORATORIUM	San Francisco, CA	6
CHICAGO ZOOLOGICAL SOCIETY	Brookfield, IL	6
AUDUBON NATURE INSTITUTE	New Orleans, LA	6
SAN FRANCISCO MUSEUM OF MODERN ART	San Francisco, CA	5
FIELD MUSEUM OF NATURAL HISTORY	Chicago, IL	5
HENRY E. HUNTINGTON LIBRARY & ART GALLERY	San Marino, CA	5

This is a list of the largest companies active in the Museums, Historical Sites & Similar Institutions industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Museums, Historical Sites & Similar Institutions industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Museums, Historical Sites & Similar Institutions Companies

A list of competitors in the Museums, Historical Sites & Similar Institutions industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Museums, Historical Sites & Similar Institutions businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Museums, Historical Sites & Similar Institutions companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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