Nonprofit · EIN 86-3579065
PEGASUS MEDIA PROJECT
Tax-exempt · DALLAS, TX 75204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $301,363 | $238,988 | $62,375 | $225,060 | $63,991 | $161,069 |
| June 30, 2024 | 990-EZ | $157,384 | $85,631 | $71,753 | $155,767 | $57,075 | $98,692 |
| December 31, 2023 | 990-EZ | $119,334 | $121,691 | -$2,357 | $87,224 | $60,285 | $26,939 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $240,931
- of which government grants
- $85,500
- Program service revenue
- $56,367
- Investment income
- $2,037
- Net income from sales of inventory
- $2,028
- Other revenue
- $2,028
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $40,000
- Other salaries and wages
- $2,000
- Salaries, compensation and benefits (total)
- $45,672
- Professional fundraising fees
- $0
- Occupancy
- $4,109
- Travel
- $5,263
- Depreciation
- $12,140
- Program services (functional)
- $189,762
- Management and general (functional)
- $33,979
- Fundraising (functional)
- $15,247
Balance sheet and other
- Total assets, start of year
- $155,767
- Total assets, end of year
- $225,060
- Total liabilities, end of year
- $63,991
- Net assets, end of year
- $161,069
- Land, buildings and equipment
- $15,076
- Gross receipts
- $305,739
- Employees
- 2
- Volunteers
- 80
- Year formed
- 2021
- 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 |
|---|---|---|---|---|
| Niloo Jalilvand | Co-Founder Exec Dir Trustee or director, Officer | 50 | $52,000 | $3,978 |
| Melissa James | Chair of the Board Trustee or director | 20 | $0 | $0 |
| Jim Nugent | Treasurer Trustee or director | 20 | $0 | $0 |
| Chris Chan Roberson | Secretary Trustee or director | 10 | $0 | $0 |
| Christian Vasquez | Board Member Trustee or director | 5 | $0 | $0 |
| Kaysie Ellingson | Board Member Trustee or director | 5 | $0 | $0 |
| Lauren Anne Cove | Board Member Trustee or director | 5 | $0 | $0 |
| Dr Micaela Dartson | Board Member Trustee or director | 5 | $0 | $0 |
| Alex Halbert | Board Member Trustee or director | 5 | $0 | $0 |
| Alex Garcia Topete | Board Member Trustee or director | 5 | $0 | $0 |
| Jake Hochendoner | Board Member Trustee or director | 5 | $0 | $0 |
| Jacob Navarrete | Board Member Trustee or director | 5 | $0 | $0 |
| Norry Niven | Board Member Trustee or director | 20 | $0 | $0 |
| Matthew Osborne | Board Member Trustee or director | 5 | $0 | $0 |
| Erin Nicole Parisi | Board Member Trustee or director | 5 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kirschen Wolford | Board Member Trustee or director | 5 | $0 |
| Meredith Stephens | Board Member Trustee or director | 5 | $0 |
| Ryan Blitzer | Managing Director Key employee | 40 | $0 |
990-EZ for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Niloo Jaliilvand | Co-Founder, Chair | 50 | $24,000 | $1,836 |
| Jim Nugent | Treasurer | 5 | $0 | $0 |
| Melissa James | Director | 5 | $0 | $0 |
| Christian Vasquez | Director | 10 | $0 | $0 |
| Chris Chan Roberson | Secretary | 10 | $0 | $0 |
| Alex Halbert | Director | 3 | $0 | $0 |
| Alex Garcia Topete | Director | 3 | $0 | $0 |
| Norry Niven | Director | 10 | $0 | $0 |
| Dr Micaela Dartson | Director | 3 | $0 | $0 |
| Mark Birnbaum | Director | 3 | $0 | $0 |
| Kaysie Ellingson | Director | 3 | $0 | $0 |
| Kirschen Wolford | Director | 3 | $0 | $0 |
| Henry Miner | Director | 3 | $0 | $0 |
| Erin Parisi | Director | 3 | $0 | $0 |
| Meredith Stephens | Director | 3 | $0 | $0 |
| Jake Hochendoner | Director | 3 | $0 | $0 |
| Laurne Anne Cove | Director | 3 | $0 | $0 |
| Matthew Osborne | Director | 3 | $0 | $0 |
| Jacob Nabarrete | Director | 3 | $0 | $0 |
990-EZ for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Niloo Jalilvand | Founder | 45 | $16,000 |
| Tamitha Curiel | Board Member | 10 | $6,000 |
| Mark Birnbaum | Board Member | 2 | $0 |
| Dr Micaela Dartson | Board Member | 2 | $0 |
| Kaysie Ellingson | Board Member | 2 | $0 |
| Alex Halbert | Board Member | 2 | $0 |
| Jake Hochendoner | Board Member | 2 | $0 |
| Melissa James | Board Member | 5 | $0 |
| Henry Miner | Board Member | 2 | $0 |
| Jim Nugent | Treasurer | 6 | $0 |
| Erin Parisi | Board Member | 2 | $0 |
| Alex Garcia Topete | Board Member | 2 | $0 |
| Christian Vasquez | Board Member | 5 | $0 |
| Bart Weiss | Board Member | 2 | $0 |
| Kirschen Wolford | Board Member | 2 | $0 |
| Norry Niven | Board Member | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2904 FLOYD ST STE C, DALLAS, TX 75204-5910
- In care of
- % JIM NUGENT
- Principal officer (990 for 2024)
- Niloo Jalilvand, 11626 Sunland St, Dallas, TX 75218
- Signed the 990
- Jim Nugent, Treasurer
- Phone
- (214) 228-7842
- Website
- www.pegasusmediaproject.com
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.
Program accomplishments
- Pegasus Film Festival - Celebrating its 10th year Pegasus Film Festival is the nations largest youth-operated film festival providing a stage for budding young artists from various backgrounds to showcase their talents to a worldwide audience. The festival grows annually boasting its largest student leadership team to date and receiving over 150 film submissions from students globally.Expenses $41,456 · grants $6,000 · revenue $7,200
- Multimedia Apprentice Program - Verified by the Department of Labor this program provides on-the-job training in all production phases with local media professionals. In partnership with industry leaders it offers underserved artists a pathway to success in film and media. Apprentices work on three short films and two nonprofit videos as a cohort. The apprentice class benefits from insights shared by over 40 guest speakers during the program.Expenses $25,105 · revenue $42,084
- "Harmonies of Humanity" is an innovative event that unites renowned international artists and launches the inaugural Human Rights Dallas Film Series. This series initiates discussions on global human rights issues commencing with the screening of "Nowhere Left to Go - The Jahalin Bedouin 2012." The presence of the films producer and co-director Angela Godfrey-Goldstein enriches the conversation providing valuable insights into the challenges faced by the Bedouin people and emphasizing the urgency of these global issues.Pegasus Media Projects PMP proudly presents "Harmonies of Humanity," an engaging event focused on fostering dialogue and understanding through the arts. As part of PMPs annual "Exhibition of Visions," this special evening will showcase a compelling mix of film music spoken word and cuisine all aimed at humanizing the Palestinian experience and promoting mutual respect among diverse cultures. EOV acts as a vibrant platform for artistic expression offering exciting opportunities for participants the team and the community to showcase their work. These transformative events encourage artistic development nurture collaborations with visionary artists and experts and stimulate public engagement through meaningful dialogue and community-centered art.Expenses $21,451 · grants $65,000 · revenue $4,465
- Supplies MiscellaneousExpenses $101,750 · grants $169,931 · revenue $2,618
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-EZ on file |
IRS record
- EIN
- 86-3579065
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $225,060
- Income (IRS master file)
- $305,739
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $301,363 | $238,988 | $225,060 | XML |
| 990-EZ | June 2024 | $157,384 | $85,631 | $155,767 | XML |
| 990-EZ | December 2023 | $119,334 | $121,691 | $87,224 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 86-3579065).
Questions about PEGASUS MEDIA PROJECT
- What is the EIN of PEGASUS MEDIA PROJECT?
- The employer identification number (EIN) of PEGASUS MEDIA PROJECT is 86-3579065.
- Is PEGASUS MEDIA PROJECT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to PEGASUS MEDIA PROJECT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PEGASUS MEDIA PROJECT 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 PEGASUS MEDIA PROJECT 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 PEGASUS MEDIA PROJECT 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 PEGASUS MEDIA PROJECT?
- The 990 for the year ended June 30, 2025 names Niloo Jalilvand.
- Who are the officers and directors of PEGASUS MEDIA PROJECT?
- The 990 for the year ended June 30, 2025 lists 18 people; 1 received compensation from the organization, the highest $52,000 (Niloo Jalilvand, Co-Founder Exec Dir).
- How much revenue does PEGASUS MEDIA PROJECT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $301,363, expenses of $238,988 and total assets of $225,060 at year end.
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