DAILY PENNSYLVANIAN INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
DAILY PENNSYLVANIAN INC (EIN 22-2546201)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-12-04
IRS object ID
202443399349300929
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-12-04T12:20:35-06:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN231144520PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TAIT WELLER & BAKER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 SOUTH 16TH STREET SUITE 2900AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222546201EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE DAILY PENNSYLVANIAN INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDAILBusinessNameControlTxt
Phone2154224640PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14015 WALNUT STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191046198ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATHERINE ROSSPersonNm
Person TitleINTERIM CFOPersonTitleTxt
Phone2154224640PhoneNum
Signature2024-12-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHARRISON PEREIRAPreparerPersonNm
PTINP00746867PTIN
Phone2159798800PhoneNum
Preparation2024-08-31PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKATHERINE ROSSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14015 WALNUT STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191046198ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,719,969GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THEDP.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1885FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTHE PUBLICATION OF THE UNIVERSITY OF PENNSYLVANIA'S INDEPENDENT STUDENT NEWSPAPER AND RELATED PUBLICATIONS.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers300TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$312,614PYContributionsGrantsAmt
CY Contributions Grants$1,389,138CYContributionsGrantsAmt
PY Program Service Revenue$246,380PYProgramServiceRevenueAmt
CY Program Service Revenue$237,061CYProgramServiceRevenueAmt
PY Investment Income$232,797PYInvestmentIncomeAmt
CY Investment Income$86,334CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$7,436CYOtherRevenueAmt
PY Total Revenue$791,791PYTotalRevenueAmt
CY Total Revenue$1,719,969CYTotalRevenueAmt
PY Grants And Similar Paid$89,450PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$33,650CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$527,290PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$487,808CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$142,431CYTotalFundraisingExpenseAmt
PY Other Expenses$334,888PYOtherExpensesAmt
CY Other Expenses$445,155CYOtherExpensesAmt
PY Total Expenses$951,628PYTotalExpensesAmt
CY Total Expenses$966,613CYTotalExpensesAmt
PY Revenues Less Expenses-$159,837PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$753,356CYRevenuesLessExpensesAmt
Total Assets BOY$3,072,657TotalAssetsBOYAmt
Total Assets EOY$4,134,972TotalAssetsEOYAmt
Total Liabilities BOY$50,126TotalLiabilitiesBOYAmt
Total Liabilities EOY$227,534TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,022,531NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,907,438NetAssetsOrFundBalancesEOYAmt
MissionTHE DAILY PENNSYLVANIAN EXISTS TO INFORM THE PENN COMMUNITY OF RELEVANT NEWS AND OPINION WHILE PROVIDING A TRAINING VEHICLE FOR STUDENTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$633,431ExpenseAmt
Grant$33,650GrantAmt
DescTHE DAILY PENNSYLVANIAN IS THE INDEPENDENT STUDENT NEWSPAPER OF THE UNIVERSITY OF PENNSYLVANIA. PENN STUDENTS, FACULTY AND STAFF TURN TO 'THE DP' IN PRINT AND ONLINE AS THEIR SOURCE OF CAMPUS NEWS, SPORTS, OPINION, AND ARTS & ENTERTAINMENT INFORMATION. EDITORIAL DEPARTMENTS INCLUDE NEWS, SPORTS, OPINION, PHOTOGRAPHY, VIDEO, DESIGN, COPY, SOCIAL MEDIA, AND 34TH STREET MAGAZINE.Desc
Total Program Service Expenses$633,431TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document58IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee13EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATHERINE ROSSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2154224640PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14015 WALNUT STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191046198ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
ALESSANDRA PINTADO-URBANC
PRESIDENT (FALL 2022)30.00Yes (X)Yes (X)$2,000$0$0
JESSE ZHANG
PRESIDENT (FOUNDATION-SPRING 2023)30.00Yes (X)Yes (X)$0$0$0
GREG FERRY
VICE PRESIDENT (FALL 2022)30.00Yes (X)Yes (X)$2,000$0$0
JOSHUA TRENCHARD
VICE PRESIDENT (SPRING 2023)30.00Yes (X)Yes (X)$0$0$0
PIA SINGH
SECRETARY (FALL 2022)30.00Yes (X)Yes (X)$2,000$0$0
EMI TUYETNHI TRAN
SECRETARY (SPRING 2023)30.00Yes (X)Yes (X)$0$0$0
EMILY WHITE
DIRECTOR (FALL 2022)20.00Yes (X)$2,000$0$0
WALDEN GREEN
DIRECTOR (SPRING 2023)20.00Yes (X)$2,000$0$0
ANGELA SHEN
DIRECTOR (FALL 2022)20.00Yes (X)$2,000$0$0
MATTEO BUSTERNA
DIRECTOR (SPRING 2023)20.00Yes (X)$2,000$0$0
JULIA RUBIN
DIRECTOR4.00Yes (X)$0$0$0
DANIEL GINGISS
DIRECTOR4.00Yes (X)$0$0$0
UNNATI DASS SILVERMAN
DIRECTOR4.00Yes (X)$0$0$0
JOHN PEYTON
DIRECTOR4.00Yes (X)$0$0$0
CHETAN MEHTA
DIRECTOR (FOUNDATION)4.00Yes (X)$0$0$0
ROB CHASEN
DIRECTOR (FOUNDATION)4.00Yes (X)$0$0$0
JEAN CHATZKY
DIRECTOR (FOUNDATION)4.00Yes (X)$0$0$0
JON ZIMMAN
DIRECTOR (FOUNDATION)4.00Yes (X)$0$0$0
CHUCK COHEN
DIRECTOR (FOUNDATION)4.00Yes (X)$0$0$0
GRACE DAI
DIRECTOR (FOUNDATION)4.00Yes (X)$0$0$0
ALLYSON NELSON
SECRETARY (FOUNDATION)4.00Yes (X)Yes (X)$0$0$0
MADISON SMITH
DIRECTOR (FOUNDATION)4.00Yes (X)$0$0$0
DEBORAH HOWLETT
GENERAL MANAGER40.00Yes (X)$126,774$0$18,246
STEVEN MOLBERGER
DIRECTOR OF DEVELOPMENT40.00$120,748$0$9,182Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$261,522TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$27,428TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,389,138AllOtherContributionsAmt
Total Contributions$1,389,138TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADVERTISING REVENUES900099$226,261$226,261
SUBSCRIPTIONS900099$10,800$10,800
FieldValueIRS element (for citing)
Total Program Service Revenue$237,061TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$86,334TotalRevenueColumnAmt
Exclusion$86,334ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHERDesc
Business900099BusinessCd
Total Revenue Column$7,436TotalRevenueColumnAmt
Exclusion$7,436ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$7,436OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,719,969TotalRevenueColumnAmt
Related Or Exempt Func Income$237,061RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$93,770ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$33,650TotalAmt
Program Services$33,650ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$86,076TotalAmt
Program Services$49,038ProgramServicesAmt
Management And General$29,630ManagementAndGeneralAmt
Fundraising$7,408FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$333,588TotalAmt
Program Services$175,480ProgramServicesAmt
Management And General$52,227ManagementAndGeneralAmt
Fundraising$105,881FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$16,460TotalAmt
Program Services$7,868ProgramServicesAmt
Management And General$4,938ManagementAndGeneralAmt
Fundraising$3,654FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$22,770TotalAmt
Program Services$13,541ProgramServicesAmt
Management And General$249ManagementAndGeneralAmt
Fundraising$8,980FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$28,914TotalAmt
Program Services$15,496ProgramServicesAmt
Management And General$5,484ManagementAndGeneralAmt
Fundraising$7,934FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$44,412TotalAmt
Management And General$44,412ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,931TotalAmt
Management And General$22,931ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$21,537TotalAmt
Management And General$21,537ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$110,770TotalAmt
Program Services$103,797ProgramServicesAmt
Management And General$3,335ManagementAndGeneralAmt
Fundraising$3,638FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$13,388TotalAmt
Program Services$11,376ProgramServicesAmt
Fundraising$2,012FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$97,722TotalAmt
Program Services$92,483ProgramServicesAmt
Management And General$3,840ManagementAndGeneralAmt
Fundraising$1,399FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$25,526TotalAmt
Program Services$25,526ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,118TotalAmt
Program Services$8,629ProgramServicesAmt
Management And General$358ManagementAndGeneralAmt
Fundraising$131FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,334TotalAmt
Program Services$10,024ProgramServicesAmt
Management And General$310ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BANQUET AND ENTERTAINME$37,091$37,091
MAINTENANCE$31,611$29,917$1,242$452
MARKETING SUPPLIES AND$10,484$10,484
BANK AND CREDIT CARD PR$3,662$2,814$848

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$6,569TotalAmt
Program Services$6,217ProgramServicesAmt
Management And General$258ManagementAndGeneralAmt
Fundraising$94FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$966,613TotalAmt
Program Services$633,431ProgramServicesAmt
Management And General$190,751ManagementAndGeneralAmt
Fundraising$142,431FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$624,672BOYAmt
EOY$521,444EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$910,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$343BOYAmt
EOY$3,275EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$20,112BOYAmt
EOY$217,871EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$661,736LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$656,888LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$14,727BOYAmt
EOY$4,848EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,412,803BOYAmt
EOY$2,298,191EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$179,343EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,072,657BOYAmt
EOY$4,134,972EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$46,746BOYAmt
EOY$42,302EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,380BOYAmt
EOY$1,464EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$183,768EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$50,126BOYAmt
EOY$227,534EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,841,897BOYAmt
EOY$2,498,427EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$180,634BOYAmt
EOY$1,409,011EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,022,531BOYAmt
EOY$3,907,438EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,072,657BOYAmt
EOY$4,134,972EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$753,356ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$131,551NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$70,435CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$120,072CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$216,488CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$312,614CurrentTaxYearMinus1YearAmt
Current Tax Year$1,389,138CurrentTaxYearAmt
Total$2,108,747TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$418,091CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$325,639CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$191,227CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$246,380CurrentTaxYearMinus1YearAmt
Current Tax Year$237,061CurrentTaxYearAmt
Total$1,418,398TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$488,526CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$445,711CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$407,715CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$558,994CurrentTaxYearMinus1YearAmt
Current Tax Year$1,626,199CurrentTaxYearAmt
Total$3,527,145TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$9,250CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$35,000CurrentTaxYearMinus1YearAmt
Current Tax Year$1,010,000CurrentTaxYearAmt
Total$1,069,250TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$9,250CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$35,000CurrentTaxYearMinus1YearAmt
Current Tax Year$1,010,000CurrentTaxYearAmt
Total$1,069,250TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,457,895PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$84,787CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$63,862CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$58,817CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$91,007CurrentTaxYearMinus1YearAmt
Current Tax Year$86,334CurrentTaxYearAmt
Total$384,807TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$84,787CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$63,862CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$58,817CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$91,007CurrentTaxYearMinus1YearAmt
Current Tax Year$86,334CurrentTaxYearAmt
Total$384,807TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$910CurrentTaxYearMinus4YearsAmt
Total$910TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$574,223CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$509,573CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$466,532CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$650,001CurrentTaxYearMinus1YearAmt
Current Tax Year$1,712,533CurrentTaxYearAmt
Total$3,912,862TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.62820PublicSupportCY509Pct
Public Support PY5090.84840PublicSupportPY509Pct
Investment Income CY0.09830InvestmentIncomeCYPct
Investment Income PY0.12680InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$230,640OtherCostOrOtherBasisAmt
Depreciation$230,729DepreciationAmt
Book Value-$89BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$431,096OtherCostOrOtherBasisAmt
Depreciation$426,159DepreciationAmt
Book Value$4,937BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,848TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescRIGHT-OF-USE LIABILITYDesc
Amt$183,768Amt
FieldValueIRS element (for citing)
Total Liability$183,768TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN FISCAL TAX YEARS (2020-2022) OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S FISCAL 2023 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS AND AWARDSGrantTypeTxt
Recipient37RecipientCnt
Cash Grant$33,650CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE DAILY PENNSYLVANIAN GRANTS SCHOLARSHIPS TO UNIVERSITY OF PENNSYLVANIA STUDENTS UNDER TWO DIFFERENT PROGRAMS. SCHOLARSHIPS ARE PAID FROM ONE OF THE ORGANIZATION'S TEMPORARILY RESTRICTED FUNDS AND FROM ONE OF ITS BOARD-DESIGNATED FUNDS. ERIC JACOBS SCHOLARSHIPS ARE AWARDED TO STUDENTS WHO ARE ELECTED EDITORS OR MANAGERS AND WHO DEMONSTRATE FINANCIAL NEED. DONALD NEIMAN SCHOLARSHIPS ARE AWARDED TO FRESHMEN OR SOPHOMORES INTERESTED IN PURSUING CARREERS IN JOURNALISM. ELIGIBLE STUDENTS MUST BE CURRENT PENN STUDENTS WHO ARE VOLUNTEER WORKERS FOR THE DAILY PENNSYLVANIAN, AND MUST COMPLETE AN APPLICATION FORM. FROM AMONG APPLICANTS WHO MEET THE ENTRY CRITERA, SCHOLARSHIPS ARE AWARDED BY MEMBERS OF THE DAILY PENNSYLVANIAN ALUMNI ASSOCIATION IN CONSULTATION WITH SENIOR STUDENT LEADERS. EACH SCHOLARSHIP PAYMENT IS DOCUMENTED AS DISBURSEMENTS FROM THE RESPECTIVE FUNDS. THE DAILY PENNSYLVANIAN GIVES ANNUAL AWARDS TO STUDENT STAFF MEMBERS FOR EXCELLENCE IN BUSINESS, NEWS WRITING, OPINION WRITING, OVERALL WRITING AND PHOTOGRAPHY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS ANNUALLY PRESENTED TO THE BOARD MEMBERS BEFORE FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE DAILY PENNSYLVANIAN'S CONFLICT OF INTEREST POLICY IS ANNUALLY REVIEWED WITH NEWLY ELECTED BOARD MEMBERS. THE POLICY IS ALSO POSTED IN A DISPLAY CASE IN THE OFFICE. DUE TO THE NATURE OF OUR BUSINESS, BOARD MEMBERS GENERALLY ARE NOT IN THE POSITION TO GRANT CONTRACTS TO ANY VENDORS.
FORM 990, PART VI, SECTION B, LINE 15EACH DECEMBER, A COMPENSATION COMMITTEE (4 BOARD MEMBERS), WHO ARE NOT EMPLOYEES OF THE ORGANIZATION, MEETS TO PERFORM ANNUAL EVALUATIONS FOR ALL FULL-TIME EMPLOYEES AND TO SET COMPENSATION FOR THE UPCOMING CALENDAR YEAR.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT ANY TIME DURING NORMAL BUSINESS HOURS.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE DAILY PENNSYLVANIAN FOUNDATION LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14015 WALNUT STAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19104ZIPCd
FieldValueIRS element (for citing)
EIN222546201EIN
Primary ActivitiesSTEWARDSHIP OF PROPERTY ON BEHALF OF DAILY PENNSYLVANIAN, INCPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$80,000EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1THE DAILY PENNSYLVANIAN INCBusinessNameLine1Txt

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