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2018 Market Analysis & Industry Outlook: Fine Arts Schools


Overview of the U.S. Fine Arts Schools Industry

This section provides answers to key questions about the industry:
  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Fine Arts Schools: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast[PREMIUM]

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Fine Arts Schools industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Basic Education & Personal Improvement Programs & Courses (Include Tuition For Literacy Programs, Ged, Second Language Programs,

Occupational, Technical, And Trade; Professional Development; And Management Training Programs And Courses

Training Programs - Visual And Performing Arts And Communications Technologies

Higher Academic, Career/Technical, And Advanced Research Qualification Programs And Credit Courses

Leisure And Recreation Activities Instruction And Training

Leisure And Recreation Activities Instruction And Training - Dance, Music, And Theatre

Leisure And Recreation Activities Instruction And Training - Visual Arts, Crafts, And Photography

Contributions, Gifts, And Grants - Private

Program Service Revenue Including Government Fees And Contracts



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map of Fine Arts Schools by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Fine Arts Schools company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Fine Arts Schools industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Fine Arts Schools measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 5%

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Chief Executives0%
General and Operations Managers2%
Education, Training, and Library Occupations 54%
Other Teachers and Instructors 45%
Self-Enrichment Education Teachers 27%
Self-Enrichment Education Teachers 27%
Miscellaneous Teachers and Instructors 16%
Teachers and Instructors, All Other, Except Substitute Teachers 16%
Arts, Design, Entertainment, Sports, and Media Occupations 15%
Entertainers and Performers, Sports and Related Workers 14%
Athletes, Coaches, Umpires, and Related Workers 12%
Coaches and Scouts 12%
Office and Administrative Support Occupations 12%
Source: Bureau of Labor Statistics


Fine Arts Schools Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate









Innovation News

  • New York Film Academy trademarks "PROFESSIONAL CONSERVATORY OF MUSICAL THEATRE AT NYFA" - Musical theater instruction services, offered by means of classes, seminars, conferences and workshops - 12/14/2017




  • Top Innovators

    CompanyInnovation Score
    Maryland Institute
    Youth in Arts

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • PASSAGES Art teacher/advocate Patrick Rand dies - He previously taught art in Chicago at Pickard Elementary School, Agassiz for Performing Arts Magnet Cluster ... He graduated from Virginia Commonwealth University with a bachelor of fine arts degree with a focus on studio art and sculpture, and an art ... (01/10/2018)
    • College Of Marin To Present Private Art Collections From Locals - Just as community colleges draw a diverse group of people ... The inaugural exhibit will include art by Ido Yoshimoto and Grayson Kent. COM's Fine Arts Gallery hosts five to six exhibits each academic year and serves as a classroom which gives students ... (01/10/2018)
    • Houston parents have many school choices. That can be tricky. - In fact, HISD has more than 120 magnet schools, which offer specialized programs and distinct curricula: Fine arts programs like the excellent High School for the Performing and Visual Arts or dual-language schools like the Arabic Immersion School fall ... (01/10/2018)
    • Nelson family honored during dedication of Gretchen Nelson Scott Fine Arts Building - Students, families, and community dignitaries gathered for the official dedication ceremony for Mosley High School's Gretchen Nelson Scott Fine Arts Building Tuesday evening. The building opened last fall, but Tuesday night was to honor and thank the ... (01/10/2018)
    • High school brings back literary magazine - "We're lucky to have it," she explained. She said many other schools in the region are cutting back on their fine arts opportunities. Junior Kiana Brubaker, the club's treasurer, said the magazine gives students who aren't in any arts-oriented classes an ... (01/10/2018)
    • Longview Museum of Fine Arts celebrating 60th anniversary - Sixty years later, the Longview Museum of Fine Arts has amassed a collection of more than 700 pieces ... Soon enough, they were putting the works on display at local high school auditoriums, with the women hauling as many paintings as would fit in their ... (01/09/2018)
    • Huntsville to get new school for cyber technology and engineering - Alabama currently operates two statewide public magnet high schools: the Alabama School of Fine Arts in Birmingham and the Alabama School of Mathematics and Science in Mobile. Both schools were started with state funds. Senator Arthur Orr (R-Decatur ... (01/09/2018)
    • Logan City School District's plan to auction paintings meets with concerns - Logan City School District recently placed 11 paintings of their 42 ... a $250,000 painting becomes a completely different issue.” Some people in the Utah fine art and history scene, however, view the auction of publicly owned artwork as shallow and ... (01/09/2018)
    • Fine Arts Student of the Week: Junior thrives on debate team - Memorable fine arts achievement: "Going to nationals twice in debate ... I continued debate through high school and it's very fun for me. I like to read and write, not fiction, but research and stuff. Public speaking doesn't make me nervous. (01/09/2018)
    • Demolition underway at Tyler high schools in preparation for new facilities - Most of Lee will be demolished, except for the new field house, fine arts center and varsity gym. John Tyler will be rebuilt over the existing frame of the school, because its 1981 construction is sturdy enough to serve as a base. Loper said he is looking ... (01/09/2018)


    Government Contracts

    In 2016, the federal government spent a total of $51,283 on Fine Arts Schools. It has awarded 10 contracts to 6 companies, with an average value of $8,547 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount



    Growth Opportunities / Competitive Threats

    Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Fine Arts Schools to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

    The following industries are competing channels for sales of similar products/services.

    Basic Education & Personal Improvement Programs & Courses
    Competing IndustrySales Relative to Fine Arts SchoolsOpportunity/Threat
    Vocational Schools & Occupational Training
    Language Schools
    Apprenticeship Training Competing industry
    Exam Preparation & Tutoring Competing industry
    Professional & Management Development Training Competing industry

    Sales from other industries of Basic Education & Personal Improvement Programs & Courses are less than those from Fine Arts Schools. This may mean that other channels are a competitive risk of increasing their Basic Education & Personal Improvement Programs & Courses sales, taking market share from this industry.
    Basic Education & Personal Improvement Programs & Courses Product Sales Report



    Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog
    Competing IndustrySales Relative to Fine Arts SchoolsOpportunity/Threat
    Professional & Management Development Training
    Vocational Schools & Occupational Training
    Apprenticeship Training
    Cosmetology & Barber Schools Competing industry
    Flight Training Competing industry

    Sales from other industries of Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog are less than those from Fine Arts Schools. This may mean that other channels are a competitive risk of increasing their Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog sales, taking market share from this industry.
    Occupational, Tech, & Trade; Prof Dev; & Mngmt Training Prog Product Sales Report





    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Conservatory of music (except academic), Music schools (except academic), Sculpture instruction, Schools, music (except academic), Art schools (except academic), fine, Dance schools, Ceramics instruction, Voice instruction, Ballet schools (except academic), Fine arts schools (except academic), Dance instruction, Performing arts schools (except academic), Dance studios, Drama schools (except academic), Photography schools, art, Handicrafts instruction, Art (except commercial or graphic) instruction, drama (except academic), Theater schools, Music instruction (e.g., guitar, piano), etc.



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