Fine Arts Schools in Michigan
Revenue benchmarks for fine arts schools businesses operating in Michigan.
#39 of 50 states-33.8% vs national avg
Average Revenue
$155K
per year
Businesses
300
in Michigan
Revenue / Employee
$28K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
3.0
firms per 100K in MI
Total Revenue
$46.4M
all firms in MI
Total Employees
1,631
in MI
How Michigan Compares
National Average$233K
Michigan$155K
Difference$79K (-33.8%)