Musical Groups and Artists in Massachusetts
Revenue benchmarks for musical groups and artists businesses operating in Massachusetts.
#4 of 50 states+53.9% vs national avg
Average Revenue
$1.2M
per year
Businesses
110
in Massachusetts
Revenue / Employee
$158K
per year
Labor Cost
40.0%
of revenue
Profit Margin
12.0%
industry average
Market Saturation
1.6
firms per 100K in MA
Total Revenue
$128.7M
all firms in MA
Total Employees
814
in MA
How Massachusetts Compares
National Average$760K
Massachusetts$1.2M
Difference+$410K (+53.9%)