Although many researchers have examined ill-being (e.g., injury and illness) in dancers, few researchers have examined well-being. In the current study, dancer’s perceptions of the dance motivational climate, dance performance anxiety, dance self-concept, and their relationships to dance well-being were examined. A total of 182 university dance students from five universities completed surveys and a series of multiregression analyses were undertaken to predict well-being. Both dance self-concept and perceptions of a task climate were moderately related to well-being and contributed significantly to elements of well-being: vigor, enthusiasm, confidence, and dedication. An ego climate was unrelated to any of the four dimensions of well-being. Substantial variance was predicted in the various elements of engagement, ranging from 15% to 55%. In particular, two significant interactions indicated that a task climate may have protective effects against anxiety in terms of reducing the detrimental influence that anxiety may have on two forms of well-being: confidence and dedication.