Powered by LevrNAICS 611610: Fine arts schools
NAICS 611610 is the industry code for fine arts schools. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 611610 covers
Fine arts schools teach music, dance, drama, painting, photography and other arts, usually outside degree programs. Music lesson studios, dance studios and art schools for children and adults fit here.
Included in this code
- Music schools and lesson studios
- Dance studios
- Acting and drama schools
- Art classes and studios
- Photography classes
Not this code
- Sports instruction: see 611620 Sports and recreation instruction
- Fitness centers: see 713940 Fitness and recreational sports centers
- Colleges with arts programs: see 611310 Colleges, universities, and professional schools
Businesses that use 611610
Financing for this trade
Studios finance buildouts, sprung floors, pianos and sound gear with SBA 7(a) or equipment loans, and use small lines of credit for seasonal enrollment dips. Lenders look at recurring monthly tuition, student retention and lease terms.
Apply for funding with AIIs 611610 the right code for a music, dance, or art school?
Yes, if you teach music, dance, acting, visual art or photography. Dance studios and music lesson studios are common businesses here. Gymnastics and martial arts instruction usually fit 611620. If the space is mainly a fitness club, use 713940. Children's art schools and acting academies fit too.
What is the SBA size standard for 611610?
SBA sets the size standard for 611610 at $9 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Fine arts schools at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent fine arts schools fall well inside the limit, so size is rarely what decides an SBA application.
How do dance and music studios finance buildouts?
Most use SBA 7(a) loans or equipment loans for sprung floors, mirrors, instruments and sound systems, and a small line of credit for summer slowdowns. Lenders value recurring monthly tuition, retention, recital revenue and a solid lease. Franchise studios often use SBA 7(a) loans.
What does NAICS 611610 cover?
Fine arts schools. Industry level code in NAICS 2022, under 61 Educational services, 611 Educational services, 6116 Other schools and instruction, 61161 Fine arts schools.
What financing do NAICS 611610 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 611610?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.