
Jody Pearson (Bill Thornbury) has been caring for his little brother, Mike (A. Michael Baldwin), since their parents have died. Mike has an overwhelming fear that his brother will leave him, and he follows Jody wherever he goes, even to the funeral of Jody's friend, Tommy. Watching with binoculars, Mike is soon skeptical of the strange, lanky man (Angus Scrimm) who runs the Morningside Funeral Parlor. His distrust is based on observing the man lifting the casket -- by himself -- and placing it back inside the hearse after the funeral.
When Jody picks up a young lady at a bar, Mike trails the both of them to the Morningside Cemetery. Hiding in the nearby trees, Mike hears curious noises and is suddenly chased by what appears to be a dwarf adorned in a brown cloak (he describes it as being "little and brown and low to the ground"). Jody has trouble believing his little brother, even when Mike claims that he is attacked a second time while in the garage working on Jody's car (an achingly beautiful 1971 Plymouth 'Cuda). Determined to uncover the mystery at the funeral home, Mike sneaks in at night and has chilling encounters with The Tall Man, the pint-sized henchmen, and a floating silver sphere that... well, let's just say that it's best to run from it. It isn't long before Jody and his pal, Reggie (Reggie Bannister), join Mike to put a stop to The Tall Man's evil doings.

The director followed this successful movie with The Beastmaster (1982), which, like Phantasm, has gradually become a cult film. Coscarelli also wrote and directed three sequels, Phantasm II (1988), Phantasm III: Lord of the Dead (1994) and Phantasm IV: Oblivion (1998). In 2002, Coscarelli released Bubba Ho-tep, yet another of his movies to achieve a cult following -- and with Bruce Campbell of The Evil Dead (1981) fame starring as a still-living Elvis Presley in a retirement home and battling a mummy alongside Ossie Davis, who claims to be JFK, a cult status is not surprising.