The Cygnet Theatre is a drama school based at a theatre building of the same name in Exeter, Devon, England.It was founded in 1980 out of an association between Monica Shallis (1939−2006), Mary G. Evans (born 1934) and the Northcott Theatre, Exeter, then under the direction of Richard Digby Day. It operates as a working theatre company, regularly producing plays to a professional standard, both at the Cygnet Theatre and on tour, giving its students a first-hand experience of life in the theatre industry.