Overview
What is Pegasus Foundation?
Pegasus Foundation, located at 2719 Routh Street, Dallas, Texas 75201, is a nonprofit organization dedicated to enriching and deepening the practical life of the city with the wisdom and imagination of the humanities. Their primary focus is on education, offering year-round classes, conferences, and special events through the Cowan Center for Education. This initiative aims to strengthen educators and encourage retention in the field. The Pegasus Foundation achieves its mission through events, conferences, general courses, and professional programs for educators, as well as through publications. The organization has a modest workforce of 14 employees.
Official website here: www.dallasinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Pegasus Foundation has earned a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With an overall score of 96%, the organization demonstrates excellent financial practices and transparency. This rating reflects its strong commitment to maintaining a majority independent board and rigorous oversight of financial statements.
The foundation scores exceptionally well in various key areas, including its independent board composition, which consists entirely of independent members, and its effective management of resources, as indicated by a program expense ratio of 74.67%. With no material diversion of assets reported, the organization showcases its integrity in financial matters.
However, while the Pegasus Foundation excels in accountability, the summary does not provide specific insights into programmatic effectiveness or community impact, which are also crucial aspects of nonprofit performance. Overall, the foundation's financial health and governance practices are commendable, positioning it as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Pegasus Foundation legitimate?
Pegasus Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pegasus Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $219,377
Professional Fundraising Fees: $0
Other Salaries and Wages: $352,133
For more financial information, click here
Official website here: www.dallasinstitute.org
What is the mission statement of Pegasus Foundation?
The Pegasus Foundation, being a nonprofit educational organization, aims to enrich and deepen the practical life of the city with the wisdom and imagination of the humanities. They accomplish this mission through various means, such as organizing events, hosting conferences, and providing general courses of study for the community. Additionally, they offer professional programs for educators and publish educational materials. The foundation's mission is to contribute to the city's growth and development by fostering a deeper understanding and appreciation of humanities.
Official website here: www.dallasinstitute.org
Who is the CEO of Pegasus Foundation?
Dr Seemee Ali is the President of Pegasus Foundation.
Official website here: www.dallasinstitute.org
What is the revenue of Pegasus Foundation?
Pegasus Foundation's revenue in 2022 was $957,853.
Official website here: www.dallasinstitute.org
Who are the executives of Pegasus Foundation and what are their salaries?
The average compensation at Pegasus Foundation during 2022 was $40,822. There are 14 employees and 8 volunteers at Pegasus Foundation.
Here are 27 key members and their salaries:
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Official website here: www.dallasinstitute.org
Where can I find the form 990 for Pegasus Foundation?
Pegasus Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dallasinstitute.org
Learn more at the official website: www.dallasinstitute.org
Mission Statement of Pegasus Foundation
Pegasus Foundation, a nonprofit educational organization, strives to enrich and deepen the practical life of a city by tapping into the wisdom and imagination of the humanities. The foundation achieves its purpose by hosting events, conferences, and general courses of study for the community. It also offers professional programs for educators and produces publications to share its insights. By engaging with the city in this way, Pegasus Foundation aims to enhance the intellectual and cultural life of its community.
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Impact
July, 2024
The Pegasus Foundation's impact can be seen through its support of the Dallas Institute of Humanities and Culture, which plays a vital role in enriching and deepening the practical life of the city with the wisdom and imagination of the humanities. Through events, conferences, and general courses of study, the institute provides opportunities for the community to engage with important cultural and intellectual topics. In particular, the Cowan Center for Education offers year-round classes, conferences, and special events that strengthen educators and promote retention in the field. This transformative experience of liberal learning through major classics of world cultures during the Sue Rose Summer Institutes has a significant impact on educators from various disciplines and administrators. Overall, the Pegasus Foundation's investment in the Dallas Institute of Humanities and Culture contributes to the intellectual and cultural growth of the community.
This information is meant to be a general summary of Pegasus Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $187,798
- Program Service Revenue: $16,087
- Gross Receipts: $2,513,454
Assets and Liabilities:
- Total Assets: $10,316,231
- Total Liabilities: $149,843
- Net Assets: $10,166,388
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLICATIONS
Revenue
$2,109
TUITION AND PROGRAM FEES
Revenue
$13,978
Organization Details
Founding Year
1980
Phone
(214) 871-2440Principal Officer
Dr Seemee Ali
Main Address
2719 ROUTH STREET, DALLAS, TX, 75201
Website
www.dallasinstitute.orgNTEE Category
Code: A70 - Arts
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