Nonprofit · EIN 26-3167197
MAGELLAN SCHOOL
Tax-exempt · AUSTIN, TX 78731
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $16,196,597 | $17,656,170 | -$1,459,573 | $58,153,869 | $54,045,384 | $4,108,485 |
| June 30, 2024 | 990 | $15,355,144 | $15,652,871 | -$297,727 | $54,649,347 | $49,101,573 | $5,547,774 |
| June 30, 2023 | 990 | $14,071,986 | $12,062,926 | $2,009,060 | $56,508,792 | $50,759,400 | $5,749,392 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,131,732
- Program service revenue
- $13,623,998
- Investment income
- $288,496
- Net rental income
- $200,241
- Net gain from sales of assets
- -$15,331
- Net income from fundraising events
- -$57,152
- Net income from sales of inventory
- $2,458
- Other revenue
- $152,371
Expenses
- Grants and similar amounts paid
- $908,480
- Compensation of officers, directors and key employees
- $304,172
- Other salaries and wages
- $7,523,930
- Salaries, compensation and benefits (total)
- $9,160,969
- Professional fundraising fees
- $0
- Legal fees
- $75,168
- Accounting fees
- $64,692
- Occupancy
- $1,405,905
- Travel
- $9,347
- Depreciation
- $1,427,331
- Program services (functional)
- $14,604,444
- Management and general (functional)
- $2,688,443
- Fundraising (functional)
- $363,283
Balance sheet and other
- Total assets, start of year
- $54,649,347
- Total assets, end of year
- $58,153,869
- Total liabilities, end of year
- $54,045,384
- Net assets, end of year
- $4,108,485
- Land, buildings and equipment
- $43,837,965
- Net assets without donor restrictions
- $1,130,027
- Net assets with donor restrictions
- $2,978,458
- Gross receipts
- $16,429,550
- Employees
- 203
- Volunteers
- 50
- Year formed
- 2008
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT HIBBARD | HEAD OF SCHOOL Key employee | 50 | $283,339 | $8,151 |
| JULIE BLAHNIK-SPOTTS | DIRECTOR OF FINANCE Highest-paid employee | 50 | $152,456 | $7,972 |
| ANDREW IENUSO | HEAD OF SECONDARY & A/D Highest-paid employee | 40 | $122,098 | $7,972 |
| LUCIANA PAOLA SAMANIEGO | HEAD OF PRIMARY SCHOOL Highest-paid employee | 40 | $102,767 | $7,391 |
| MARIA JULIETA CARRILLO VALDES | HEAD OF PRESCHOOL Highest-paid employee | 40 | $101,647 | $7,972 |
| SUZANNE BAUTCH | DIRECTOR OF ADVANCEMENT Highest-paid employee | 40 | $103,535 | $347 |
| KAREE JONES | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| CHASE LANDRUM | VICE PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| BJORN BILLHARDT | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| KIMBERLY EYHORN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ERIN DEFOSSE | MEMBER Trustee or director | 1 | $0 | $0 |
| KAREN HAMMONS | MEMBER Trustee or director | 1 | $0 | $0 |
| SAROOD BAIG | MEMBER Trustee or director | 1 | $0 | $0 |
| HEMANTH PARASURAM | MEMBER Trustee or director | 1 | $0 | $0 |
| ALEJANDRA ADAN | MEMBER Trustee or director | 1 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARTHIK RAJENDRAN | MEMBER Trustee or director | 1 | $0 |
| PRAKASH RAMAN | MEMBER Trustee or director | 1 | $0 |
| KEVIN BOWN | MEMBER Trustee or director | 1 | $0 |
| SOFIA O'MALLEY | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT HIBBARD | HEAD OF SCHOOL Key employee | 50 | $280,803 | $8,089 |
| JULIE BLAHNIK-SPOTTS | FINANCE DIRECTOR Highest-paid employee | 50 | $142,201 | $7,658 |
| ANDREW IENUSO | HEAD OF SECONDARY & A/D Highest-paid employee | 40 | $110,942 | $7,653 |
| ARTHUR VANDERVEEN | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| KAREE JONES | VICE PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| TERI TAYLOR | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BJORN BILLHARDT | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| CHASE LANDRUM | MEMBER Trustee or director | 1 | $0 | $0 |
| MONICA PATEL | MEMBER Trustee or director | 1 | $0 | $0 |
| ERIN DEFOSSE | MEMBER Trustee or director | 1 | $0 | $0 |
| KAREN HAMMONS | MEMBER Trustee or director | 1 | $0 | $0 |
| KIMBERLY EYHORN | MEMBER Trustee or director | 1 | $0 | $0 |
| SAROOD BAIG | MEMBER Trustee or director | 1 | $0 | $0 |
| HEMANTH PARASURAM | MEMBER Trustee or director | 1 | $0 | $0 |
| ALEJANDRA ADAN | MEMBER Trustee or director | 1 | $0 | $0 |
| CARLOS ZAFFIRINI | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT HIBBARD | HEAD OF SCHOOL Key employee | 50 | $247,088 | $8,065 |
| NICOLAS PUGA | DEPUTY HEAD OF SCHOOL Highest-paid employee | 40 | $133,249 | $6,565 |
| JULIE BLAHNIK-SPOTTS | FINANCE DIRECTOR Highest-paid employee | 50 | $118,181 | $6,350 |
| MARIA DEL SAGRARIO ARGUELLES | HEAD OF THE PRIMARY YEARS Highest-paid employee | 40 | $103,035 | $6,565 |
| ALLISON BRUBAKER | DIRECTOR OF ADVANCEMENT Highest-paid employee | 40 | $101,846 | $6,350 |
| ARTHUR VANDERVEEN | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| KAREE JONES | VICE PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| TERI TAYLOR | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BJORN BILLHARDT | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| SCOTT FRANCIS | MEMBER Trustee or director | 1 | $0 | $0 |
| ERIN DEFOSSE | MEMBER Trustee or director | 1 | $0 | $0 |
| MONICA PATEL | MEMBER Trustee or director | 1 | $0 | $0 |
| CARLOS ZAFFIRINI | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7501 N CAPITAL OF TEXAS HWY, AUSTIN, TX 78731-1773
- Principal officer (990 for 2024)
- HEMANTH PARASURAM, 7501 N CAPITAL OF TX HWY, AUSTIN, TX 787311661
- Signed the 990
- HEMANTH PARASURAM, TREASURER
- Phone
- (512) 782-2327
- Website
- WWW.MAGELLANSCHOOL.ORG
- Return prepared by
- ATCHLEY & ASSOCIATES LLP
Mission
WE ARE AN INCLUSIVE COMMUNITY DEDICATED TO EACH CHILD'S DISCOVERY OF THEIR UNIQUE PURPOSE AND PASSION. WE DELIVER A WORLD CLASS INTERNATIONAL EDUCATION TAILORED TO HELP EACH STUDENT REACH THEIR HIGHEST-LEVEL OF PERSONAL AND ACADEMIC SUCCESS. WE EXIST TO HELP OUR STUDENTS GROW INTO RESILIENT, EMPATHETIC AND INQUISITIVE INDIVIDUALS WHO THINK BOTH CRITICALLY AND CREATIVELY AND WHO POSSESS THE COURAGE AND CONVICTION TO TAKE ACTION.
Program accomplishments
- THE MAGELLAN INTERNATIONAL SCHOOL IMPLEMENTS THE INTERNATIONAL BACCALAUREATE (IB) CURRICULUM, A WORLD-RENOWNED INTERNATIONAL, MULTIDISCIPLINARY PROGRAM OF EDUCATION DESIGNED TO FOSTER THE DEVELOPMENT OF THE WHOLE PERSON THROUGH AN EMPHASIS ON INTELLECTUAL, PERSONAL, EMOTIONAL AND SOCIAL GROWTH. IN ADDITION, THE SCHOOL HAS DEVELOPED A SCOPE & SEQUENCE BASED ON LOCAL, NATIONAL, AND INTERNATIONAL EDUCATIONAL GUIDELINES IN SCIENCE, MATH, HUMANITIES AND THE ARTS. TAUGHT IN ENGLISH, SPANISH AND MANDARIN, THIS PROGRAM BOTH NURTURES AND CHALLENGES ITS STUDENTS, PREPARING THEM TO BE ACTIVE PARTICIPANTS IN A LIFELONG JOURNEY OF LEARNING.Expenses $14,604,444 · grants $908,480 · revenue $13,617,949
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3167197
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $58,153,869
- Income (IRS master file)
- $16,429,550
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $16,196,597 | $17,656,170 | $58,153,869 | IRS |
| 990 | June 2024 | $15,355,144 | $15,652,871 | $54,649,347 | IRS |
| 990 | June 2023 | $14,071,986 | $12,062,926 | $56,508,792 | IRS |
| 990 | June 2022 | $11,356,984 | $10,985,217 | $6,729,174 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3167197).
Questions about MAGELLAN SCHOOL
- What is the EIN of MAGELLAN SCHOOL?
- The employer identification number (EIN) of MAGELLAN SCHOOL is 26-3167197.
- Is MAGELLAN SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to MAGELLAN SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGELLAN SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MAGELLAN SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAGELLAN SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MAGELLAN SCHOOL?
- The 990 for the year ended June 30, 2025 names HEMANTH PARASURAM.
- Who are the officers and directors of MAGELLAN SCHOOL?
- The 990 for the year ended June 30, 2025 lists 19 people; 6 received compensation from the organization, the highest $283,339 (SCOTT HIBBARD, HEAD OF SCHOOL).
- How much revenue does MAGELLAN SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $16,196,597, expenses of $17,656,170 and total assets of $58,153,869 at year end.
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