Musical Groups & Artists Industry: Statistics, Forecasts, and Company Data

Musical Groups & Artists - Market Size and Industry Forecast

The 2023 Musical Groups and Artists Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the musical groups & artists industry.

	Historical					Forecasted
	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data.



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Musical Groups & Artists - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Musical Groups & Artists companies in the United States.

Distribution by Company Size

Company Size	All Industries	Musical Groups & Artists
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Musical Groups & Artists - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Musical Groups & Artists - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Musical Groups & Artists - Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Live performances produced under contract
Popular music performances
Admissions to live performing arts performances
Admissions to popular music performances
Contributions, gifts, & grants - private
Admissions to symphony & classical music performances
Private contributions, gifts, & grants - individuals
Investment income, including interest & dividends
Licensing of rights to use property protected by copyright

Musical Groups & Artists - Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	6%
Chief Executives	0%
General and Operations Managers	3%
Business and Financial Operations Occupations	5%
Education, Training, and Library Occupations	6%
Arts, Design, Entertainment, Sports, and Media Occupations	42%
Entertainers and Performers, Sports and Related Workers	35%
Actors, Producers, and Directors	11%
Actors	7%
Musicians, Singers, and Related Workers	18%
Musicians and Singers	16%
Food Preparation and Serving Related Occupations	7%
Personal Care and Service Occupations	10%
Entertainment Attendants and Related Workers	9%
Ushers, Lobby Attendants, and Ticket Takers	6%
Ushers, Lobby Attendants, and Ticket Takers	6%
Office and Administrative Support Occupations	9%

Government Contracts

In the past, the federal government spent an annual total of $5,019,621 on the musical groups & artists industry. It has awarded 431 contracts to 199 companies, with an average value of $25,224 per company.

Musical Groups & Artists and Adjacent Industries - Top Companies

Company	Address	Revenue ($ Millions)