Art Business

How Much Money Do Art Businesses Make? (2024)

Pat Walls

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Updated: June 23rd, 2024

TL;DR:

Based on our data, art businesses can make between $876-$415,000 per month.
The average revenue for a successful art business is $61.4K per month.
The highest grossing art business in our records makes over $4,980,000 per year.
Art business owners salaries can vary wildly depending on industry, niche, and size of the business

So you're thinking about starting an art business?

And now you're wondering how much art business owners actually make...

Well, let’s dive in!

Here are example of real art businesses and how much money they make - as reported by the founders themselves:

1. Hoagard.com ($4.98M/year)

In 2014, Ali Bedrettin Boz and Cagri Ayten started designing steel samples as a hobby. They realized the potential for their designs in the interior design market and established Hoagard as an e-commerce brand. Despite facing challenges and initially low sales, Hoagard experienced a significant leap in 2016, reaching an average annual turnover of 4.5 - 5.5 million Euros.

How much money it makes: $4.98M/year

2. Art Lovers Australia ($1.92M/year)

Nancy and Jarrod, both with backgrounds in the arts industry, recognized the obstacles that artists faced in gaining visibility. They decided to start Art Lovers Australia, an online gallery, to showcase the talent of Australian artists and make buying art easy for art enthusiasts. Through collaborations with designers and TV shows, their audience has grown, and they now have almost 1000 artists on their platform, with monthly sales averaging $160K.

How much money it makes: $1.92M/year

3. SALSO Design ($1.2M/year)

Saleh Sokhandan, a designer and founder of Salso Studio, came up with the idea for his business after realizing the potential of optical illusion techniques in decoration, advertising, product design, and more. He started his journey as a freelancer, gradually gaining recognition and expertise in 3D design and optical illusions. Through his unique skills and continuous hard work, Salso Studio has attracted diverse clients, including advertising agencies, big companies, private individuals, and even investors for large-scale projects, generating an impressive revenue of $400,000 per year.

How much money it makes: $1.2M/year

4. Astrography ($1.08M/year)

Artur Kurasinski and Adam Jesionkiewicz co-created Astrography, a company that prints and sells fine arts related to space. Adam, an experienced astrophotographer, decided to print his own pictures and found that people were willing to pay for them. With a zero marketing budget, they managed to print $160K worth of fine art in 12 months and have since become a profitable business.

How much money it makes: $1.08M/year

5. Stencil Stop ($960K/year)

Colin came up with the idea for Stencil Stop after realizing there was a lack of readily available stencils, specifically Clemson University's logo, online. He set up a rough website and sold his first stencil on the very first night, providing validation for the demand for stencil solutions. Since then, Stencil Stop has grown to earn around $100K per month in revenue by expanding product lines and manufacturing capabilities.

How much money it makes: $960K/year

6. Soundwave Art ($288K/year)

Mike LaTour, the co-founder and CEO of Soundwave Art, came up with the idea for his business during a casual dinner conversation with friends. One friend mentioned the concept of turning sound waves into art, and this sparked Mike's interest. With a background in the music industry, Mike decided to pursue the idea and started working on it in his spare time. After launching the business and receiving orders from around the world, Mike realized the potential of his concept and focused on expanding his product offerings. Ultimately, the development of an augmented reality app transformed Soundwave Art and opened doors to new opportunities, including partnerships with businesses for promotional purposes.

How much money it makes: $288K/year

7. Mapply ($180K/year)

Scott Wood, co-founder of Mapply, came up with the idea for his map print business after seeing the success of a similar brand called Mapiful. With a background in digital marketing and a love for travel and art, Scott saw an opportunity to create personalized and colorful map prints. By starting with offline validation and gradually expanding his product offerings, Scott has grown Mapply from a few hundred pounds in sales to over £30k ($40k) in prints per month, with plans to expand further in the future.

How much money it makes: $180K/year

8. Marblebee Ltd ($120K/year)

Jack Gao, the founder of MarbleBee, came up with the idea for his business after combining his previous experience in e-commerce with his passion for carving skills. He realized the potential of creating stone carving products, specifically marble bathtubs and sculptures, and decided to merge his skills with the e-commerce model. Since then, MarbleBee has become the go-to manufacturer of natural stone carving products, serving hundreds of homeowners and establishing partnerships with interior designers, contractors, and builders in over 20 countries. With a strong marketing team and a growing online presence, MarbleBee is experiencing a period of rapid growth, with plans to open a showroom in Toronto in the near future.

How much money it makes: $120K/year

9. Avatoon ($56.4K/year)

Zoltán and his colleagues founded Avatoon.net after realizing the obscure market for custom hand-drawn avatars. They launched their website and attracted customers through an email campaign and ProductHunt feature, and have since focused on improving their SEO to attract organic traffic. With a majority of their clients being returning companies, they plan to spend more on SEO and introduce different art styles at different price points in the future.

How much money it makes: $56.4K/year

10. Innerglow Art ($51.6K/year)

Painting had helped Sarah channel her emotions of getting rejected from grad schools in a positive way, as she had been the "artsy" girl in college as well. It started as a hobby but within a few months, her friends and family encouraged her to sell her art. Seeing the demand on her store, she started Innerglow Art.

How much money it makes: $51.6K/year