NonprofitsMagic Bus Usa

International, Foreign Affairs & National Security

Magic Bus Usa

HOUSTON, TX

Total revenue

$1.7M

Total expenses

$2.7M

Net assets

$4.9M

Grants received

$9.5M

84 grants

EIN

273053614

Tax year

2024

Mission

Magic bus works with marginalized children and youth in india and ecosystem around them to help break the cycle of social and economic deprivation using sport and activity based approaches that include mentoring as a tool.

Programs

1 program

Grant to magic bus global (uk)

Expenses: $750KGrants: $750K

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue
Investment income$204K
Other revenue
Total revenue$1.7M

Expenses

Grants paid$2.5M
Salaries & benefits$48K
Fundraising$73K
Other expenses$90K
Total expenses$2.7M
Total assets$5.2M
Net assets$4.9M

People

7 listed

NameRoleCompensation

SARAH CURRID

EXECUTIVE DIRECTOR

Board

$42K

40 hrs/wk

KAPIL MATHUR

DIRECTOR

Board

1 hrs/wk

MATTHEW SPACIE

DIRECTOR

Board

5 hrs/wk

AMIT BHANDARI

CHAIRMAN

Board

5 hrs/wk

ARPAN SHETH

DIRECTOR

Board

1 hrs/wk

AVINASH VASHISTHA

DIRECTOR

Board

1 hrs/wk

ASH SOMANI

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 84 of 84

FromAmountPurposeYear
$300K
IN SUPPORT OF GENERAL OPERATIONS
2024
$80K
MAGIC BUS WORKS WITH CHILDREN AND YOUNG PEOPLE IN INDIA TAKING THEM ON A JOURNEY FROM CHILDHOOD TO LIVELIHOOD AND OUT OF POVERTY. BY ENABLING CHILDREN AND YOUNG PEOPLE TO COMPLETE SECONDARY EDUCATION, DELAY THEIR AGE AT MARRIAGE, AND ATTAIN THE SKILLS NEEDED FOR A STABLE JOB, MAGIC BUS HELPS TO BREAK THE CYCLE OF POVERTY FOR THEM AND THEIR FUTURE GENERATIONS.
2024
$37K
GENERAL SUPPORT
2024
$35K
COMMUNITY & HUMAN SERVICES
2024
$11K
GENERAL SUPPORT
2024
$10K
INTERNATIONAL
2024
$7K
UNRESTRICTED
2024
$300K
EMPLOYABILITY EDUCATION PROGRAM IN TAMIL NADU
2023
$64K
For grant recipient's exempt purposes
2023
$60K
MAGIC BUS WORKS WITH CHILDREN AND YOUNG PEOPLE IN INDIA TAKING THEM ON A JOURNEY FROM CHILDHOOD TO LIVELIHOOD AND OUT OF POVERTY. BY ENABLING CHILDREN AND YOUNG PEOPLE TO COMPLETE SECONDARY EDUCATION, DELAY THEIR AGE AT MARRIAGE, AND ATTAIN THE SKILLS NEEDED FOR A STABLE JOB, MAGIC BUS HELPS TO BREAK THE CYCLE OF POVERTY FOR THEM AND THEIR FUTURE GENERATIONS.
2023
$40K
UNRESTRICTED GENERAL SUPPORT
2023
$36K
Access to Education
2023
$36K
GENERAL SUPPORT
2023
$33K
INTERNATIONAL, FOREIGN AFFAIRS
2023
$30K
TO WORK WITH CHILDREN AND YOUNG PEOPLE, LIVING IN POVERTY IN INDIA
2023
$25K
DONATION
2023
$25K
General & Unrestricted
2023
$18K
CHARITABLE PURPOSE
2023
$15K
Charitable contribution
2023
$10K
GENERAL SUPPORT
2023
$10K
GENERAL SUPPORT
2023
$9K
UNRESTRICTED
2023
$5K
HUMAN SERVICES
2023
$3K
SUPPORT CHARITABLE CAUSE
2023
$2K
GENERAL SUPPORT
2023
$501
SUPPORT COMMUNITY
2023
$5.0M
INTERNATIONAL
2022
$300K
To support education Activity
2022
$300K
CHILDHOOD TO LIVELIHOOD: EMPLOYABILITY EDUCATION PROGRAM IN CHENNAI, TAMIL NADU
2022
$131K
For grant recipient's exempt purposes
2022
$100K
INTERNATIONAL, FOREIGN AFFAIRS
2022
$64K
TO WORK WITH CHILDREN AND YOUNG PEOPLE, LIVING IN POVERTY IN INDIA
2022
$50K
General & Unrestricted
2022
$40K
GENERAL SUPPORT
2022
$25K
CHARITABLE DONATION.
2022
$25K
MAGIC BUS WORKS WITH CHILDREN AND YOUNG PEOPLE IN INDIA TAKING THEM ON A JOURNEY FROM CHILDHOOD TO LIVELIHOOD AND OUT OF POVERTY. BY ENABLING CHILDREN AND YOUNG PEOPLE TO COMPLETE SECONDARY EDUCATION, DELAY THEIR AGE AT MARRIAGE, AND ATTAIN THE SKILLS NEEDED FOR A STABLE JOB, MAGIC BUS HELPS TO BREAK THE CYCLE OF POVERTY FOR THEM AND THEIR FUTURE GENERATIONS.
2022
$25K
DONOR-RECOMMENDED, EDUCATION
2022
$17K
General Support
2022
$16K
GENERAL SUPPORT
2022
$13K
DONATION
2022
$13K
UNRESTRICTED
2022
$13K
UNRESTRICTED GENERAL SUPPORT
2022
$5K
Provide marginalized young people opportunities to emerge from poverty to lead fulfilling lives that positively contribute to their communities and future generations
2022
$3K
USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION.
2022
$1K
SUPPORT COMMUNITY
2022
$92K
UNRESTRICTED
2021
$85K
TO WORK WITH CHILDREN AND YOUNG PEOPLE, LIVING IN POVERTY IN INDIA
2021
$44K
For grant recipient's exempt purposes
2021
$44K
For grant recipient's exempt purposes
2021
$34K
INTERNATIONAL, FOREIGN AFFAIRS
2021
$26K
GENERAL SUPPORT
2021
$25K
General & Unrestricted
2021
$500K
TO SUPPORT COVID-19 RELIEF EFFORTS THROUGHOUT INDIA
2020
$101K
INTERNATIONAL
2020
$89K
INTERNATIONAL, FOREIGN AFFAIRS
2020
$77K
Unrestricted
2020
$25K
IN SUPPORT OF GENERAL OPERATIONS
2020
$14K
For grant recipient's exempt purposes
2020
$5K
GENERAL SUPPORT
2020
$3K
EDUCATION FOR YOUTH
2020
$74K
For grant recipient's exempt purposes
2019
$15K
INTERNATIONAL, FOREIGN AFFAIRS
2019
$10K
GENERAL SUPPORT
2019
$3K
TO WORK WITH CHILDREN AND YOUNG PEOPLE, LIVING IN POVERTY IN INDIA
2019
$112K
Unrestricted
2018
$50K
For grant recipient's exempt purposes
2018
$29K
INTERNATIONAL, FOREIGN AFFAIRS
2018
$6K
INTERNATIONAL/FOREIGN AFFAIRS
2017
$5K
Vocational/Youth - Support education projects for Children.
2016

Funded by

$9.5M from 34 funders · 84 grants · 2016–2024

National Philanthropic Trust

$5.1M · 3 grants · 2020–2023

Dhanam Foundation

$1.4M · 5 grants · 2020–2024

Child Enrichment Corporation

$900K · 4 grants · 2021–2024

Fidelity Investments Charitable Gift Fund

$419K · 7 grants · 2018–2023

Network For Good

$310K · 6 grants · 2018–2024

Donor Advised Charitable Giving Inc

$306K · 7 grants · 2017–2023

The Warburg Pincus Foundation

$182K · 4 grants · 2019–2023

Malaney Family Foundation

$165K · 3 grants · 2022–2024

Details

EIN273053614
NTEE codeQ33
Subsection03
Ruling date2010-10
Formed2010
Employees1
Volunteers15
MAGIC BUS USA — Mission, Financials & Grants Received | Grantivo