Several studies have been published focusing on cultural funding, but there is less talk about what kinds of corporate governance principals need to be integrated to establish stable operation at cultural companies. The research question of this thesis is, especially in performing arts, specifically in the field of contemporary dance companies, how can a stable operation frame be implemented? What principles of corporate economics should be followed to stay on the market? The thesis presents the steps of strategy planning, the main pillars of organizational operation and, with the help of a secondary research, the characteristics of performing arts. Finally, based on in-depth interviews with figures from the contemporary dance scene, a suggestion can be read for organizations’ stable operation.