Texas · Nonprofit
Pegasus Media Project
Pegasus Media Project (Texas) receives grants from 11 organizations whose IRS filings report $273,372 to it, the largest being Amalgamated Charitable Foundation Inc ($100,000). 2 of them have funded it in more than one year, and 50% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $301k
- Funders on record
- 11
- Grants received
- $273k
- Net assets
- $161k
What Pegasus Media Project does
Mission
Pegasus Media Project envisions a future where the next-generation of artists are the driving forces behind a thriving film and media arts industry. We strive for a narrative landscape where every voice is celebrated underserved artists lead innovate and contribute to an equitable and authentic media environment.
As stated on its FY2025 Form 990.
Programs
Going into its 10th year, Pegasus Film Festival is the largest youth-run film festival in the country and offers a platform for emerging young artists from diverse communities to exhibit their craft to a global audience. Our festival expands each year, and the festival had the largest student leadership team ever and over 150 submissions to the film festival from students around the world.
$18,000 spentof which $16,000 as grants21% of program spendingMAP - Verified through the Department of Labor, the Multimedia Apprenticeship Program offers on-the-job-training in all phases of the production process with local media professionals, in partnership with industry leaders and companies in the media sector, providing underserved artists with a pathway to success in the film and media industries. This program requires apprentices work on three short films and two separate non-profit videos as a cohort. The apprentice class also learned from over 40 guest speakers over the course of their program.
$33,100 spentof which $16,500 as grants39% of program spendingPortable and Other Programs This initiative provides under-resourced communities and schools without film programs with film and media education from industry professionals that empowers youth to explore various facets of film and media. Curriculum is structured around the needs of each individual school that we serve and can manifest in a tailored delivery for optimal impact. The program has increased the amount of schools we serve, which has allowed us to impact more students in Dallas.
$34,531 spentof which $117,537 as grants40% of program spending
The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $85,631.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $156k to $225k (+44%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2025 28%. Grants only. Government contracts and fees sit inside program revenue.
80% of Pegasus Media Project’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.
reserve
Who funds it, year by year
2022 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $30k → $74k.
4 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 50% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Pegasus Media Project’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Pegasus Media Project leans on a few funders — its largest provides 37% of grant income and the top three 65%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
86% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Pegasus Media Project.
Largest funder’s share by year: 2022 68% · 2023 68% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
50% of Pegasus Media Project's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $136k that is directly attributable, 59% of it comes from funders outside Texas, across 4 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $138k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Pegasus Media Project runs a healthier operating margin than half of the 17,450 education nonprofits its size.
this organization peer median middle 50% of peers· 17,450 education nonprofits $100k–$1M, FY2025
Government funding Pegasus Media Project receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $74k on record.
- National Endowment for the Arts$74k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Pegasus Media Project
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for Pegasus Media Project: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Pegasus Media Project?
- Pegasus Media Project (Texas) receives grants from 11 organizations whose IRS filings report $273,372 to it, the largest being Amalgamated Charitable Foundation Inc ($100,000). 2 of them have funded it in more than one year, and 50% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Pegasus Media Project have?
- IRS filings report 11 organizations giving $273,372 in grants to Pegasus Media Project, 2 of which have funded it in more than one year.
- Who is the largest funder of Pegasus Media Project?
- Amalgamated Charitable Foundation Inc is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
- How can an organization like Pegasus Media Project find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Pegasus Media Project →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing