2023 U.S. Industry Statistics & Market Forecast - Professional Organizations

Published: September 2023

Industry Insights

The professional organizations industry has undergone significant changes in recent years. One key trend that has emerged is the increased use of technology to enhance communication and networking among members. Many organizations are turning to social media platforms such as LinkedIn, Twitter, and Facebook to reach out to members, share relevant content and news, and facilitate online discussions. Additionally, virtual events, webinars, and online training sessions have become more common as a way to provide value to members who may not be able to attend in-person events.

Another trend affecting the industry is the growing demand for diversity and inclusion initiatives. Professional organizations are increasingly expected to provide opportunities for underrepresented groups, such as women, people of color, and LGBTQ+ professionals, to network and advance in their careers. Many organizations are also being held accountable for promoting ethical and responsible practices within their industries.

Fiscal responsibility and transparency are also key trends within the industry. As members become more discerning about the value they receive from organizations, professional associations are investing in systems to demonstrate their financial accountability and the efficient use of resources.

Finally, sustainability is another trend that is gaining traction in the professional organizations industry. Associations are looking at ways to reduce their carbon footprint and promote eco-friendly practices among members. This includes initiatives such as reducing paper usage, promoting virtual meetings, and encouraging responsible travel practices.

Product & Services Breakdown

Research products and services in the Professional Organizations industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description	Number of Companies	Sales ($ millions)	Percent of Total Sales
Industry Total
Advertising Revenues
Membership Services
Membership Services - Civic And Social Organization
Membership Services - Business And Professional Association
Other Membership (Including Religious Congregation) Services
Publishing Directories, Periodicals, And Books
Training Services, Membership Organization Activities
Testing And Examination Services
Organizing Seminars, Conferences, Trade Shows, And Other Special Events
Ticket Sales (Or Event Admissions)
Licensing Of Rights To Use Intellectual Property
Licensing Of Rights To Use Intellectual Property Protected By Copyright
Licensing Of Rights To Use Intellectual Property Protected By Trademark
Rental Of Non-Residential Space In Buildings Or Other Facilities
All Other Receipts
All Other Operating Receipts
Contributions, Gifts, And Grants - Government
Contributions, Gifts, And Grants - Private
Investment Income, Including Interest And Dividends
Gains (Losses) From Assets Sold (Report Losses By Including A Dash Prior To The Dollar Amount.)
Program Service Revenue Including Government Fees And Contracts
All Other Revenue

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

	Industry Average	Percent of Sales (Industry Benchmark)
Total Revenue	Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit Net Income

Source: AnythingResearch Analysis of U.S. federal statistics

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	19%	Order at top of page
Top Executives	10%
Chief Executives	1%
General and Operations Managers	9%
General and Operations Managers	9%
Business and Financial Operations Occupations	28%
Business Operations Specialists	25%
Human Resources Workers	13%
Labor Relations Specialists	12%
Arts, Design, Entertainment, Sports, and Media Occupations	6%
Media and Communication Workers	5%
Office and Administrative Support Occupations	22%
Secretaries and Administrative Assistants	7%
Secretaries and Administrative Assistants	7%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive	5%
Other Office and Administrative Support Workers	5%

Source: Bureau of Labor Statistics

Professional Organizations Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Professional Organizations industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Professional Organizations industry and adjacent sectors:

Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry	Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.	Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Professional Organizations industry.

Government Contracts

In 2022, the federal government spent a total of $254,794,131 on Professional Organizations. It has awarded 907 contracts to 367 companies, with an average value of $694,262 per company.   

Most Recent Contracts	Date	Total Award Amount
AMERICAN PSYCHIATRIC ASSOCIATION 800 Maine Ave Sw Washington, DC	Jun 30, 2023	$68,981