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The Complete Payroll Blog

The money behind the Macy's Thanksgiving Day Parade

Posted by Complete Payroll | Nov 21, 2017 6:00:00 AM

The Macy’s Thanksgiving Day Parade costs over $10 million to produce. Being that it is the world's largest parade, it is ultimately seen as the kickoff of the holiday season. The Macy’s Thanksgiving Day Parade is an American tradition that most of us have taken part in in some way, whether it be volunteering, seeing the parade in person, or viewing from home.

The money behind the parade

How many people are involved? What are the salaries of the coordinators of the parade? How much money is spent on construction? We found some really interesting data about the Macy's Thanksgiving Parade that we're sharing here. (By the way, we sourced it from this article, in case you were interested.)

The Macy's Thanksgiving Parade, in total costs $10-12 million.

Salaries

  • Salary for One Studio Coordinator: $51,433
  • (26 full-time staffers working year-round on parade prep/construction= $1.5-$3.4 million)

Cost Distribution

  • Helium: $510,000
  • Floats: $810,000-$2.7 million
  • Taxes: $138,573
  • Logistical Coordination: $51,433
  • Studio in New Jersey: $6.9 million
  • Costumes: $2 million
  • Construction: $190,000

People

  • Dancers/Cheerleaders: 1,100
  • TV Viewers: 50 million
  • In Person Viewers: 3.5 million
  • Macy’s Volunteers: 4,000
  • Helpers: 8,000
  • Sculptors: 26

Fun Facts about the Parade

  • 1924 was the year of the first Parade
  • Although it took place on Thanksgiving Day, the first Macy’s parade was called the “Macy’s Christmas Day Parade”
  • From 1942-1944, the parade was canceled because of World War 2
  • The giant balloons were once live animals
  • A float can take 4-9 months from sketch to completion

Once again, click here to view the article where we sourced all this information from.

And from all of us in Payroll Country, Happy Thanksgiving!

Topics: Salaries

Written by Complete Payroll

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