Pegasus Early Music

Analysis

Pegasus Early Music is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Pegasus Early Music reported income of $171k and spending of $118k, leaving 31% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income fell from $182k to $171k (-6.1%), an average of -6.1% a year. Over the whole period it spent 133% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pegasus Early Music sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Cantabella Childrens Chorus ($171k), Heights Players Inc ($171k) and American Chemical Society ($171k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $182k against liabilities of $1,108, net assets of $181k.