I roughly measured the screen size and it looks like a 4:3 ratio screen. The
NEC LT380 is also a 4:3 projector.
The projected image is a 16:9 image, so I'm guessing your bluray or source device is outputting a 16:9 signal and the projector is only showing that aspect ratio.
If you want to fill the entire screen, you will need to look for a really old DVD movie that was filmed and produced in the old 4:3 format. They are extremely rare, but it is possible.
For the white space on the top/bottom, you will just have to live with that. In your case, it is an extreme amount of whitespace because your screen is a 4:3 screen. Most all home theater screens are 16:9 (which is a compromise between the square 4:3 ratio and the super wide 2.39:1 ratio.