Magellan International School

Magellan International School looks strained. Reserves cover 4 months of operating expense, a thin runway. Revenue is 80% tuition-dependent (peer median 84%), concentrated but in line with most independent day schools. Staff compensation runs 55% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue 15.9% vs 9.9% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 0.1 / 10, re-engineer.

Magellan International School holds only 4 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Magellan International School reported $15.4M in revenue against $15.7M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $5.5M — about 0.35x annual operating expense.

Operating margin landed at -1.9%, with 80.2% of revenue coming from tuition. Among same-size peers, that puts Magellan International School at the p21 on operating margin.