Musical Groups and Artists in Rhode Island

Revenue benchmarks for musical groups and artists businesses operating in Rhode Island.

#11 of 50 states-2.2% vs national avg

Average Revenue

$744K

per year

Businesses

10

in Rhode Island

Revenue / Employee

$51K

per year

Labor Cost

40.0%

of revenue

Profit Margin

12.0%

industry average

Market Saturation

0.9

firms per 100K in RI

Total Revenue

$7.4M

all firms in RI

Total Employees

146

in RI

How Rhode Island Compares

National Average$760K
Rhode Island$744K
Difference$17K (-2.2%)