This is Dance Data Project®’s fifth and greatly expanded study of the largest US ballet and classically inspired companies. Following the precedent of the 2022 Report, the DDP research team ranks the financial scope of the Largest 150 US ballet and classically inspired companies. These companies are divided into three categories: the Largest 50 (#1-50), the Next 50 (#51-100), and the Additional 50 (#101-150) companies for further analysis. This report is based on companies’ total expenditures from 990 filings from the Internal Revenue Service (IRS) for fiscal year ending 2021, and provides information on aggregate expenditures, each category’s contribution to the ballet economy, as well as changes from the previous years.