The authors explore the concepts of knowledge-centric organizations in the performing arts sector as a means to understand how specific organizational practices might relate to measures of financial and operational performance. Employing their definition of a knowledge-centric arts organization, the authors conduct an exploratory quantitative study of 368 small and mid-sized non-profit performing arts organizations in the United States using primary data on 36 organizational practices and secondary data on 21 performance metrics. Analysis of these two data sources independently suggests a gap between organizations' practices and their. performance. Statistical analyses using factor analysis and linear regression identify seven distinct performance metrics that are positively associated with knowledge-centric practices. These findings can serve as a basis for investigation of how organizations can be sustainable and operate effectively in a knowledge-driven society.