- Is Magnet a tax-exempt 501(c)(3)?
- Yes. Magnet is recognised by the IRS as a 501(c)(3) organisation (EIN 34-1455043). The IRS recognised Magnet as tax-exempt in April 1985.
- What is Magnet's EIN?
- Magnet's Employer Identification Number (EIN) is 34-1455043. The EIN was assigned by the IRS in April 1985. Donors and grantmakers use the EIN to verify tax-exempt status with the IRS.
- What does Magnet do?
- To support, educate and champion manufacturing in Ohio.
- Where is Magnet located?
- Magnet is located at 1800 East 63rd Street, Cleveland, OH, 44103.
- When was Magnet founded or recognised by the IRS?
- Magnet was recognised by the IRS as a tax-exempt organisation in April 1985. The IRS ruling date is the earliest authoritative date available for most US nonprofits.
- What is Magnet's annual revenue?
- On its most recent Form 990 (fiscal year 2024), Magnet reported $20.4M in total revenue and $20.4M in total expenses.
- Has Magnet been auto-revoked by the IRS?
- No. Magnet (EIN 34-1455043) does not appear on the IRS Auto-Revocation List. Givalgo Discover cross-references the IRS Auto-Revocation List on every profile load; if status changes, this page reflects it.
- Is Magnet listed in IRS Publication 78?
- Yes. Magnet is listed in IRS Publication 78 as an organisation eligible to receive tax-deductible charitable contributions. Pub 78 status is the canonical IRS signal that donations to an org are deductible.
