PEGASUS THEATRE INC

EIN: 752130927 501(c)(3) Arts, Culture & Humanities

Dallas, TX

Total Revenue
$200,065
Total Expenses
$204,523
Total Assets
$2,927
Net Assets
$-20,573
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
TX
Principal Officer
Michael Piper
Phone
2148216005
Tax Period
2018-10-01 to 2019-09-30

PEGASUS THEATRE INC, founded in 1985, is a small nonprofit in the Arts, Culture & Humanities sector that reported $200K in total revenue in fiscal year 2018. Revenue fell 31% from the prior year — a significant decline worth monitoring.

Mission

Pegasus Theatre produces new and original comedies to inspire and cultivate North Texas artists, and to entertain, enlighten, and engage our community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $100,334
Program Service Revenue $99,731
Investment Income $0
Other Revenue $0
TOTAL REVENUE $200,065

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $184,970
Other Expenses $204,523
TOTAL EXPENSES $204,523

Year-over-Year Comparison

2018 2017 Change
Revenue $200,065 $289,731 -0.3%
Expenses $204,523 N/A N/A
Net Income $-4,458 $289,731 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
3
$0
Key Employees
1
$36,100
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Pam King Board Member 1
Director
$0 $0 $0
Phil Allen Board Member 1
Director
$0 $0 $0
Michael Piper Board President 8
Director
$0 $0 $0
Barbara Weinberger Executive Director/Board Secretary 8
Officer
$0 $0 $0
Kurt Kleinmann Artistic Director 40
Key Emp
$36,100 $0 $36,100
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $200,065 $204,523 $2,927 $-4,458
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