Civic Intelligence

Pegasus the Orchestra Inc.

990 • Fiscal year 2020 • EIN 82-2786185

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 06, 2021

Organization Profile
246 Howard AvenueRochelle Park, NJ 07662

(917) 744-6337

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.06x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • NTEE A68 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.05x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • NTEE A68 • <$500k nonprofits • Source year 2020

Net Margin

91st percentile

56%

Higher net margin than 91% of similar nonprofits.

2020 filings • NTEE A68 • <$500k nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$38,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 22.2% of source-year revenue.

2020 filings • NTEE A68 • <$500k nonprofits • Source year 2020

Asset Growth

94th percentile

412%

Faster asset growth than 94% of similar nonprofits.

2020 filings • NTEE A68 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

78th percentile

9.9%

Faster revenue growth than 78% of similar nonprofits.

2020 filings • NTEE A68 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$129,195

Up $103,980 (+412%) from 2019

Net Assets

Up

$120,987

Up $95,772 (+380%) from 2019

Liabilities

Up

$8,208

Up $8,208 from 2019

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin91st percentile

Revenue

Up

$171,185

Up $15,446 (+9.9%) from 2019

Expenses

Down

$75,413

Down $61,452 (-45%) from 2019

Net Income

Up

$95,772

Up $76,898 (+407%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2017: $2,347Liabilities 2017: $0Net Assets 2017: $2,3472017Assets 2018: $6,341Liabilities 2018: $0Net Assets 2018: $6,3412018Assets 2019: $25,215Liabilities 2019: $0Net Assets 2019: $25,2152019Assets 2020: $129,195Liabilities 2020: $8,208Net Assets 2020: $120,9872020Assets 2021: $73,592Liabilities 2021: $0Net Assets 2021: $73,5922021Assets 2022: $44,793Liabilities 2022: $0Net Assets 2022: $44,7932022Assets 2023: $27,485Liabilities 2023: $0Net Assets 2023: $27,4852023Assets 2024: $49,348Liabilities 2024: $0Net Assets 2024: $49,3482024

Highlighted filing

2020

Assets$129,195
Liabilities$8,208
Net Assets$120,987
Open 2020 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2017: $3,627Expenses 2017: $1,280Net Income 2017: $2,3472017Revenue 2018: $43,433Expenses 2018: $39,439Net Income 2018: $3,9942018Revenue 2019: $155,739Expenses 2019: $136,865Net Income 2019: $18,8742019Revenue 2020: $171,185Expenses 2020: $75,413Net Income 2020: $95,7722020Revenue 2021: $26,759Expenses 2021: $74,154Net Income 2021: -$47,3952021Revenue 2022: $139,989Expenses 2022: $168,788Net Income 2022: -$28,7992022Revenue 2023: $93,640Expenses 2023: $110,948Net Income 2023: -$17,3082023Revenue 2024: $151,564Expenses 2024: $129,701Net Income 2024: $21,8632024

Highlighted filing

2020

Revenue$171,185
Expenses$75,413
Net Income$95,772
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 6, 2021
Return Version
2020v4.1
Gross Receipts
$171,185
Mission and Program Overview

Mission

To empower rising musicians with artistic freedom and promote innovative repertoire in an environment of creative thought and expression.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$25,215$129,195▲ $103,980
Total Assets$25,215$129,195▲ $103,980
Liabilities
Accounts Payable and Accrued Expenses-$8,208-
Total Liabilities$0$8,208▲ $8,208
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,215$120,987▲ $95,772
Total Net Assets Fund Balance$25,215$120,987▲ $95,772
Total Liabilities and Net Assets / Fund Balance$25,215$129,195▲ $103,980
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Karen HakobyanChrmnFT$38,000$38,000

Board Members and Trustees

NameTitle
Eli AmdurDirector
Thomas DyerDirector
Yigal OzeriDirector
Helena MirzoyanSecretary
Eugene LemayVice-chrmn
Louis K MeiselVice-chrmn
Revenue and Support

Revenue Composition

Contributions and Grants
$117,000
Program Service Revenue
$54,185
Investment Income
$0
Other Revenue
$0
All Other Contributions
$117,000
Change in Net Assets
$95,772
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$38,000
Grants and Similar Amounts Paid$24,500
Other Expenses$12,913
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$29,792--$29,792
Grants to Domestic Orgs$24,500--$24,500
Payroll Taxes$8,208--$8,208
Other Expenses$2,310--$2,310
Fees for Services Accounting$500--$500
Fees for Services Legal$450--$450
Office Expenses-$185-$185
Advertising$78--$78
Total Functional Expenses$75,228$185$0$75,413
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Drozdoff SocietyBronx, NY-Consulting Assistance$24,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concerts----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VII, Section LINE 1H, Line 2A

“The organization performed several concerts during the year in promoting their mission which raised funds to continue their work on an ongoing basis.”

Filing and Contact Details

Filer

Filer Name
Pegasus the Orchestra
EIN
82-2786185
Phone
9177446337
Address
246 HOWARD AVENUE, ROCHELLE PARK, NJ 07662
Doing Business As
Pegasus the Orchestra

Signing Officer

Name
Karen Hakobyan
Title
Founder Director
Phone
9177446337
Signed
2021-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Hakobyan
Formed
2017
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
7
Employees
1

Preparer

Preparer
Jeffrey Wine CPA
Phone
7322217575
Raw XML Appendix334 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08208
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO EMPOWER RISING MUSICIANS WITH ARTISTIC FREEDOM AND PROMOTE INNOVATIVE REPERTOIRE IN AN ENVIRONMENT OF CREATIVE THOUGHT AND EXPRESSION.
IRS990/AdvertisingGrp/ProgramServicesAmt078
IRS990/AdvertisingGrp/TotalAmt078
IRS990/AllOtherContributionsAmt0117000
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0KAREN HAKOBYAN
IRS990/BooksInCareOfDetail/PhoneNum09177446337
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0246 HOWARD AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROCHELLE PARK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007662
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt025215
IRS990/CashNonInterestBearingGrp/EOYAmt0129195
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt029792
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt029792
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0117000
IRS990/CYGrantsAndSimilarPaidAmt024500
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt012913
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt054185
IRS990/CYRevenuesLessExpensesAmt095772
IRS990/CYSalariesCompEmpBnftPaidAmt038000
IRS990/CYTotalExpensesAmt075413
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0171185
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0THE ORCHESTRA BRINGS TOGETHER MUSICIANS AND AUDIENCES OF DIVERSE BACKGROUNDS AND CULTURAL HERITAGES BY HARNESSING THE POWER OF MUSIC.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0PEGASUS THE ORCHESTRA
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0500
IRS990/FeesForServicesAccountingGrp/TotalAmt0500
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0450
IRS990/FeesForServicesLegalGrp/TotalAmt0450
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3005.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6002.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0KAREN HAKOBYAN
IRS990/Form990PartVIISectionAGrp/PersonNm1LOUIS K MEISEL
IRS990/Form990PartVIISectionAGrp/PersonNm2EUGENE LEMAY
IRS990/Form990PartVIISectionAGrp/PersonNm3HELENA MIRZOYAN
IRS990/Form990PartVIISectionAGrp/PersonNm4ELI AMDUR
IRS990/Form990PartVIISectionAGrp/PersonNm5YIGAL OZERI
IRS990/Form990PartVIISectionAGrp/PersonNm6THOMAS DYER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt038000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHRMN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHRMN
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHRMN
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt024500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt024500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0171185
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO EMPOWER RISING MUSICIANS WITH ARTISTIC FREEDOM AND PROMOTE INNOVATIVE REPERTOIRE IN AN ENVIRONMENT OF CREATIVE THOUGHT AND EXPRESSION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt025215
IRS990/NetAssetsOrFundBalancesEOYAmt0120987
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt025215
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0120987
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0185
IRS990/OfficeExpensesGrp/TotalAmt0185
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PERFORMANCE FEES
IRS990/OtherExpensesGrp/Desc1PERFORMANCE EXPENSES PROGRAM FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt09390
IRS990/OtherExpensesGrp/ProgramServicesAmt12310
IRS990/OtherExpensesGrp/TotalAmt09390
IRS990/OtherExpensesGrp/TotalAmt12310
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt08208
IRS990/PayrollTaxesGrp/TotalAmt08208
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KAREN HAKOBYAN
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0211110
IRS990/ProgramServiceRevenueGrp/Desc0PERFORMANCE INCOME
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt054185
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt049150
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0136865
IRS990/PYProgramServiceRevenueAmt0106589
IRS990/PYRevenuesLessExpensesAmt018874
IRS990/PYTotalExpensesAmt0136865
IRS990/PYTotalRevenueAmt0155739
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt095772
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt067000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt049150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt021846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01875
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0139871
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01752
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01754
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0139871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt067000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt049150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt021846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01875
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0139871
IRS990ScheduleA/TotalSupportAmt0141625
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CONCERTS
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt024500
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONSULTING ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DROZDOFF SOCIETY
IRS990ScheduleI/RecipientTable/RecipientEIN0475478964
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02 ALDEN PARK
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BRONX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010465
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PERFORMED SEVERAL CONCERTS DURING THE YEAR IN PROMOTING THEIR MISSION WHICH RAISED FUNDS TO CONTINUE THEIR WORK ON AN ONGOING BASIS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VII, Section LINE 1H, Line 2A
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt025215
IRS990/TotalAssetsEOYAmt0129195
IRS990/TotalAssetsGrp/BOYAmt025215
IRS990/TotalAssetsGrp/EOYAmt0129195
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0117000
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0185
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt075228
IRS990/TotalFunctionalExpensesGrp/TotalAmt075413
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt08208
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt08208
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt025215
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0120987
IRS990/TotalProgramServiceRevenueAmt054185
IRS990/TotalReportableCompFromOrgAmt038000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0171185
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt025215
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0129195
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0246 HOWARD AVENUE
IRS990/USAddress/CityNm0ROCHELLE PARK
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007662
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN HAKOBYAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09177446337
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEGASUS THE ORCHESTRA
ReturnHeader/Filer/BusinessNameControlTxt0PEGA
ReturnHeader/Filer/EIN0822786185
ReturnHeader/Filer/PhoneNum09177446337
ReturnHeader/Filer/USAddress/AddressLine1Txt0246 HOWARD AVENUE
ReturnHeader/Filer/USAddress/CityNm0ROCHELLE PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007662
ReturnHeader/PreparerPersonGrp/PhoneNum07322217575
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY WINE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-06T08:46:28-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAREN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HAKOBYAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$129,195
Liabilities
$8,208
Net assets
$120,987
Revenue
$171,185
Expenses
$75,413
Net income
$95,772
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$1.52$1.30$0.22
2023Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.94$1.11$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$1.40$1.69$0.29
2021Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.27$0.74$0.47
2020Detailed filing. Detailed filing data is available for this year.$1.29$0.08$1.21$1.71$0.75$0.96
2019Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$1.56$1.37$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.43$0.39$0.04
2017Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.04$0.01$0.02