2024-04-03T13:27:55-05:00 2023-09-30 231386942 CAMPBELL RAPPOLD & YURASITS LLP 1033 S CEDAR CREST BLVD ALLENTOWN PA 181035443 990 2022-10-01 232655672 PENNSYLVANIA SHAKESPEARE FESTIVAL PENN 6102829455 2755 STATION AVENUE CENTER VALLEY PA 18034 CASEY W GALLAGHER MANAGING DIRECTOR 6102829455 2024-04-02 1 CASEY GALLAGHER 999009999 0 JASON L SERFASS CPA P01230026 6104357489 2024-04-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JASON KING JONES 2755 STATION AVENUE CENTER VALLEY PA 18034 2387004 0 X WWW.PASHAKESPEARE.ORG X 1991 PA THE OFFICIAL SHAKESPEARE FESTIVAL OF THE COMMONWEALTH OF PENNSYLVANIA, PSF'S MISSION IS TO ENRICH, INSPIRE, ENGAGE, AND ENTERTAIN THE WIDEST POSSIBLE AUDIENCE THROUGH FIRST-RATE PROFESSIONAL PRODUCTIONS OF CLASSICAL AND CONTEMPORARY PLAYS, WITH A CORE COMMITMENT TO THE WORKS OF SHAKESPEARE AND OTHER MASTER DRAMATISTS, AND THROUGH AN ARRAY OF EDUCATIONAL OUTREACH AND MENTORSHIP PROGRAMS. A NOT-FOR-PROFIT, PROFESSIONAL REGIONAL THEATRE, PSF HAS ENTERTAINED OVER 1,062,736 PATRONS FROM 50 STATES SINCE 1992. 29 25 154 167 0 0 1395598 960270 694852 897299 456551 434374 3070 144 2550071 2292087 0 0 0 0 1491634 1717038 0 0 95912 793369 762912 2285003 2479950 265068 -187863 6910876 7071620 205997 76628 6704879 6994992 X TO ENRICH, INSPIRE, ENGAGE, AND ENTERTAIN THE WIDEST POSSIBLE AUDIENCE THROUGH FIRST-RATE PROFESSIONAL PRODUCTIONS OF CLASSICAL AND CONTEMPORARY PLAYS, WITH A CORE COMMITMENT TO THE WORKS OF SHAKESPEARE AND OTHER MASTER DRAMATISTS, AND THROUGH AN ARRAY OF EDUCATIONAL OUTREACH AND MENTORSHIP PROGRAMS. A NOT-FOR-PROFIT, PROFESSIONAL REGIONAL THEATRE, PSF HAS ENTERTAINED OVER 1,062,736 PATRONS FROM 50 STATES SINCE 1992. 0 0 2083106 909662 PROFESSIONAL NOT-FOR-PROFIT THEATRE COMPANY DEDICATED TO MAKING AVAILABLE THE PLAYS OF WILLIAM SHAKESPEARE, BROADWAY MUSICALS, WORLD CLASSICS AND CHILDREN'S PRODUCTIONS FOR A REGIONAL AUDIENCE. 2083106 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 84 0 1 154 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 25 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X BUSINESS MANAGER 6102829455 2755 STATION AVENUE CENTER VALLEY PA 18034 JUDITH A HARRIS ESQ PRESIDENT 5.00 X X 0 0 0 STEFANIE WEXLER CO-VICE PRESIDENT 5.00 X X 0 0 0 PATRICK WITMER CO-VICE PRESIDENT 5.00 X X 0 0 0 KERRY A WROBEL SECRETARY 5.00 X X 0 0 0 AMY BEST DIRECTOR 2.00 X 0 0 0 PHOENIX BEST DIRECTOR 2.00 X 0 0 0 KRISTINE B BURFEIND DIRECTOR 2.00 X 0 0 0 H LLOYD CARBAUGH DIRECTOR 2.00 X 0 0 0 LONA FARR PHD DIRECTOR 2.00 X 0 0 0 CASEY W GALLAGHER MANAGING DIRECTOR 60.00 X X 0 98524 15396 JOSHUA A GILDEA ESQ DIRECTOR 2.00 X 0 0 0 LAURIE HACKETT DIRECTOR 2.00 X 0 0 0 JASON KING JONES ARTISTIC DIRECTOR 60.00 X X 5968 61779 11443 JO-ANN S KELLY DIRECTOR 2.00 X 0 0 0 LINDA LAPOS MD DIRECTOR 2.00 X 0 0 0 JUDGE ANNA-KRISTIE MORFFI MARKS DIRECTOR 2.00 X 0 0 0 JOAN MILLER MORAN DIRECTOR 2.00 X 0 0 0 REV KEVIN NADOLSKI OSFS DIRECTOR 2.00 X 0 0 0 GERALD D NOLL DIRECTOR 2.00 X 0 0 0 BARRY PELL DIRECTOR 2.00 X 0 0 0 DENNIS RAZZE ASSOC. ARTISTIC DIR. 20.00 40.00 X 0 160651 19371 DAVID B ROTHROCK DIRECTOR 2.00 X 0 0 0 MARTHA HUTSON-SAXTON DIRECTOR 2.00 X 0 0 0 RONALD E SHEPPARD DIRECTOR 2.00 X 0 0 0 ROBERT SNYDER DIRECTOR 2.00 58.00 X 0 237317 29310 EDWARD SPITZER DIRECTOR 2.00 X 0 0 0 DR DEBORAH W SUNDLOF DO DIRECTOR 2.00 X 0 0 0 KAREN DOYLE WALTON EDD DIRECTOR 2.00 X 0 0 0 DR JAMES K WU DIRECTOR 2.00 X 0 0 0 PATRICK MULCAHY ARTISTIC DIRECTOR 60.00 X 0 138793 31352 5968 697064 106872 0 0 1 0 0 129125 17600 813545 6400 960270 TICKET SALES 711190 842952 842952 EDUCATION PROGRAM INCO 611600 32360 32360 ADVERTISING REVENUE 711300 21987 21987 897299 129478 129478 304896 0 304896 304896 304896 22421 129125 62998 -40577 -40577 39800 11442 28358 28358 31386 20477 10909 10909 OTHER INCOME (NET) 711190 1454 1454 1454 2292087 909662 0 422155 132310 79386 26462 26462 1256756 1102901 119265 34590 235371 199321 22704 13346 92601 78436 8922 5243 14880 7440 7440 158715 158526 189 66546 36595 17309 12642 43444 40830 2309 305 34092 34092 29804 29804 17666 1237 16429 PRODUCTION COSTS 371120 371120 MISCELLANEOUS 8074 7624 450 AUDITION EXPENSE 7314 7314 DEVELOPMENT & RESEARCH 6411 6411 4846 2161 2685 2479950 2083106 300932 95912 280672 216415 532841 296793 60399 33436 120068 12764 5404 2243 99375 121123 328099 257071 86433 71028 5712554 6204768 13130 113050 6910876 7071620 22893 2992 74606 66899 108498 6737 205997 76628 X 1087427 980682 5617452 6014310 6704879 6994992 6910876 7071620 -187863 477976 0 X X 0 1 X 1 0 X 673099 701138 1182795 1395598 960270 4912900 1101959 42305 281070 715360 928685 3069379 75786 12550 58827 62221 209384 1850844 743443 1476415 2169785 1951176 8191663 88670 92500 172220 111000 117300 581690 0 88670 92500 172220 111000 117300 581690 7609973 107101 108366 105266 114835 129478 565046 107101 108366 105266 114835 129478 565046 3411 2104 287 1454 7256 1961356 853913 1581681 2284907 2082108 8763965 0.86830 0.87500 0.06450 0.06230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5383488 3499 469344 402750 5453581 5474090 3943 137580 232125 5383488 5407698 4133 251529 189270 5474090 5329449 35020 246379 203150 5407698 5302757 35802 229790 238900 5329449 0.09190 0.89280 0.01530 0 1 1 299326 228298 71028 28773 28773 0 71028 LONG TERM INVESTMENTS 6204768 F 6204768 OPERATING LEASE LIABILITY 6737 6737 X 3685916 477976 895376 20477 1393829 2292087 0 2292087 3395803 895376 20477 915853 2479950 0 2479950 PART V, LINE 4: THE ENDOWMENT INVESTMENT AND SPENDING POLICY ATTEMPTS TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENTS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS OR ACCRUED INTEREST OR PENALTIES THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION ITEMS 20,477. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION ITEMS 20,477. FORM 990, PART IV, 12A: THE ACCOUNTS OF THE ORGANIZATION ARE ALSO INCLUDED IN THE PARENT'S, DESALES UNIVERSITY, CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30. GALA 143125 129125 14000 19633 26192 8808 SPECIALTY DINNERS 8421 8421 8365 151546 129125 22421 19633 34557 8808 62998 -40577 39800 11442 0 39800 11442 11442 28358 PA 1 0 1 0 1.00000 BUSINESS MANAGER 2755 STATION AVENUE CENTER VALLEY PA 18034 0 0 X X X 0 0 0 0 0 0 0 0 0 DENNIS RAZZE ASSOC. ARTISTIC DIR. 0 160651 0 0 0 0 0 9104 0 10267 0 180022 0 0 ROBERT SNYDER DIRECTOR 0 237317 0 0 0 0 0 13448 0 15862 0 266627 0 0 PATRICK MULCAHY ARTISTIC DIRECTOR 0 138793 0 0 0 0 0 7865 0 23487 0 170145 0 0 JOSIANE JONES SPOUSE OF CURRENT OFFICER JASON KING JONES (ARTISTIC DIRECTOR) 14554 HIRED BY PSF AS INTERIM DIRECTOR OF PRODUCTION ON A TEMPORARY SEASONAL BASIS (2023 SEASON). 0 FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF DESALES UNIVERSITY, THE PARENT OF THE ORGANIZATION, MAY APPOINT UP TO TWO (2) MEMBERS TO THE GOVERNING BODY BOARD OF DIRECTORS. THE BY-LAWS AUTHORIZE UP TO 45 MEMBERS ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND MADE AVAILABLE TO THE BOARD MEMBERS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY. ALL PERSONS ARE ASKED TO DISCLOSE CONFLICTS, SIGN, AND RETURN THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE ARTISTIC DIRECTOR IS PAID BY DESALES UNIVERSITY, A RELATED PARTY. THE UNIVERSITY'S BOARD APPROVES THE DIRECTOR'S COMPENSATION. THE BOARDS FOR BOTH THE UNIVERSITY AND THE FESTIVAL APPROVE THEIR RESPECTIVE ORGANIZATION'S PAYROLL. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND ON THE GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THAT OF THE PRIOR YEAR. DESALES UNIVERSITY 2755 STATION AVENUE CENTER VALLEY PA 18034 231653718 FOUR-YEAR COEDUCATIONAL LIBERAL ARTS UNIVERSITY PA 501(C)(3) 170(B)(1)(A)(II) 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 DESALES UNIVERSITY E 106313 FAIR MARKET VALUE DESALES UNIVERSITY N 471993 FAIR MARKET VALUE DESALES UNIVERSITY O 371127 FAIR MARKET VALUE DESALES UNIVERSITY P 570825 FAIR MARKET VALUE