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NAICS 711120, industry

NAICS 711120: Dance companies

NAICS 711120 is the industry code for dance companies. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.

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What 711120 covers

Dance companies produce live dance performances such as ballet, modern, folk and contemporary dance, often touring.

Included in this code

  • Ballet companies
  • Modern and contemporary dance companies
  • Folk and cultural dance troupes
  • Touring dance productions

Not this code

Businesses that use 711120

Ballet companyContemporary dance troupe

Financing for this trade

Dance companies finance with lines of credit against grants and presales, and equipment loans for staging. Lenders look at donors, grants and ticket revenue.

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Is 711120 the right code for a dance company?

Yes, if you produce live dance performances such as ballet or contemporary dance. If your main revenue is teaching dance classes, use 611610. Companies producing musicals and plays use 711110. Folk and cultural dance troupes and touring dance productions fit here as well. If a company earns most of its revenue from a school, compare against 611610.

What is the SBA size standard for 711120?

SBA sets the size standard for 711120 at $18 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Dance companies at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent dance companies fall well inside the limit, so size is rarely what decides an SBA application.

How do dance companies fund seasons?

Funding usually comes from ticket sales, donations and grants, with a line of credit to cover production and touring costs before revenue arrives. Some companies also run schools that add tuition income. Lenders look at donor support, grant commitments and presales.

What does NAICS 711120 cover?

Dance companies. Industry level code in NAICS 2022, under 71 Arts, entertainment, and recreation, 711 Performing arts, spectator sports, and related industries, 7111 Performing arts companies, 71112 Dance companies.

What financing do NAICS 711120 businesses use?

Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 711120?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.