[4] The high school's attendance area expanded due to consolidations in the 20th and 21st centuries.

[6] The assumed course of study is the Smart Core curriculum developed by the Arkansas Department of Education.

Students may engage in regular and Advanced Placement (AP) coursework and exams prior to graduation.

[7] In 2012, Magnolia School District and its high school were recognized in the AP District of the Year Awards program in the College Board's 3rd Annual Honor Roll that consisted of 539 U.S. public school districts (6 in Arkansas) that simultaneously achieved increases in access to AP® courses for a broader number of students and improved the rate at which their AP students earned scores of 3 or higher on an AP Exam.

For 2012–14, the Magnolia Panthers participate in the 5A South Conference for interscholastic activities administered by the Arkansas Activities Association (AAA) including baseball, basketball (boys/girls), cheer, dance, cross country, football, golf (boys/girls), softball, and track and field.