2023-06-20T10:35:47-04:00 2022-12-31 200565868 Murphy & Bunch CPAs PA 107 Commerce St Ste A Greenville NC 27858 990EZ 2022-01-01 203192311 MAGNOLIA ARTS CENTER INC MAGN PO BOX 30792 GREENVILLE NC 27833 MITCH BUTTS PRESIDENT 2523552653 2023-05-11 false MITCH BUTTS Leslie Bunch P00993493 2523552653 2023-06-20 0 00 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MAGNOLIAARTSCENTER.COM X X 63617 X 5606 49639 2927 945 1982 5445 62672 1050 23640 548 34099 59337 3335 64476 67811 X 12358 18227 0 0 52118 49584 64476 67811 0 0 64476 67811 SEE SCHEDULE O 10 PRODUCTION EVENTS (80 TOTAL PERFORMANCES), & MULTIPLE INTENSIVE & INSTRUCTION EVENTS IN 2022 9272 9272 KIM TURNAGE BOARD MEMBER 2.00 0 0 0 MITCH BUTTS PRESIDENT 20.00 0 0 0 ROBIN ASHLEY TREASURER 5.00 0 0 0 PATRICK REID BOARD MEMBER 2.00 0 0 0 VIRLIKA PRAYER BOARD MEMBER 2.00 0 0 0 SAMANTHA LAUGHINGHOUSE BOARD MEMBER 2.00 0 0 0 ANTHONY HOLSTEN BOARD MEMBER 2.00 0 0 0 DOROTHEA HANDRON VICE PRESIDENT 5.00 0 0 0 WAYNE HEISER BOARD MEMBER 2.00 0 0 0 ASHKA LEWIS SECRETARY 5.00 0 0 0 GENE EAKES BOARD MEMBER 2.00 0 0 0 CHRISTINE BATES BOARD MEMBER 0.00 0 0 0 false false false false false false false false false MURPHY BUNCH CPAS PA 107 COMMERCE ST STE A GREENVILLE NC 27858 2523552653 false false false false false false false false false false false NONE NONE true X 15407 15599 27696 12956 5606 77264 34879 32884 7677 4848 49639 129927 50286 48483 35373 17804 55245 207191 207191 3158 2951 6109 53444 51434 35373 17804 55245 213300 0.97140 0.94350 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED General explanation attachment PART III PRIMARY EXEMPT PURPOSETO PROVIDE PEOPLE IN THE GREATER GREENVILLE, NC AREA WITH THE OPPORTUNITY TO EXPRESS CREATIVITY AND PARTICIPATION IN THE ARTS, ATTEND QUALITY CULTRUAL EVENTS, AND GATHER TOGETHER TO BUILD COMMUNITY. 1 PRODUCTION & 315 PATRONS SERVED DURING 2021. Description of other revenue Part I line 8 DESCRIPTION AMOUNTMISCELLANEOUS 5,445 Description of other expenses Part I line 16 DESCRIPTION AMOUNTDEPRECIATION FROM 4562 3,389INSURANCE 3,424MEMBERSHIP DUES 425BANK SERVICE CHARGES 64SALES TAX 1,654WEB/INTERNET SUPPORT 711OFFICE SUPPLIES 973MERCHANT FEES 2,080LICENSES 12,099PRODUCTION EXP 8,327MARKETING 40MISCELLANEOUS 913 Description of other assets Part II line 24 CATEGORY BEGINNING OF YEAR END OF YEARLEASEHOLD IMPROVEMENTS (NET) 43,783 41,342FURNITURE & EQUIPMENT (NET) 8,335 8,242