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Organizations Arts, Culture & Humanities The Magnetic Theatre Inc.

The Magnetic Theatre Inc.

Fiscal year ending 2021. Filed on November 12, 2022.

375 Depot St
Asheville, North Carolina 28801

The Magnetic Theatre Inc. (EIN: 27-4033269) has filed an IRS Form 990 between fiscal years 2017 and 2023. In its fiscal year 2021 IRS Form 990 filing, The Magnetic Theatre Inc., a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $150. The highest compensated employee at The Magnetic Theatre Inc. is Kathryn Jones with fiscal year 2021 compensation of $150.

Revenue, expenses, and employee compensation

Revenue

$148,166

Expenses

$131,349

Employee compensation

$20,827
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kathryn Jones
Co-Artistic Director
$150
$150 No related compNo other comp
Jessica Johnson
Co-Artistic Director
$150
$150 No related compNo other comp
Josh Sullivan
Treasurer
$0
Elizabeth McCorvey
Secretary
$0
Jason Phillips
Vice President
$0
Carin Metzger
Board Member
$0
George Awad
President
$0

Benchmark Employee Compensation

Mission Statement

THE MAGNETIC THEATRE SEEKS TO CONNECT ASHEVILLE AUDIENCES TO ORIGINAL, ARTIST-DRIVEN THEATRE. WE SUPPORT EMERGING LOCAL PLAYWRIGHTS AND PRODUCE EXCITING WORK THAT HAS NOT BEEN SEEN IN THIS REGION. WE WORK TO ENCOURAGE NEW PERSPECTIVES BY ILLUMINATING THE HUMAN CONDITION THROUGH DIVERSE, CHALLENGING PROJECTS AND CULTIVATING A PASSIONATE CREATIVE COMMUNITY.

Revisions to this organization profile

May 10, 2024:
2023 The Magnetic Theatre Inc. 990 filed
April 8, 2023:
2022 The Magnetic Theatre Inc. 990 filed
November 12, 2022:
2021 The Magnetic Theatre Inc. 990 filed

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