Theatre Ideas: Context: Managing Director Salaries:
Here in Asheville, there is a grocery chain called Ingles, which operates 197 supermarkets in six southeastern states. This last quarter, they had net sales of $771M. If you multiply that number by four, you get an approximation of their net sales for the year. Divide it by 197 stores, and you get the average net sales per store: $15.65M.
The income for the Goodman Theatre was $15.89M, according to Charity Navigator.org. The managing director of that organization -- not the artistic director, the managing director -- was paid $340,021.
So here's my question: do you think, if I drove over to the Ingles a few blocks away, that the manager of the store is being paid $340,ooo a year?
2:12 AM
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