2023-03-16T08:29:19-05:00 2022-09-30 231386942 CAMPBELL RAPPOLD & YURASITS LLP 1033 S CEDAR CREST BLVD ALLENTOWN PA 181035443 990 2021-10-01 232655672 PENNSYLVANIA SHAKESPEARE FESTIVAL PENN 6102829455 2755 STATION AVENUE CENTER VALLEY PA 18034 CASEY W GALLAGHER MANAGING DIRECTOR 6102829455 2023-02-28 1 CASEY GALLAGHER 999009999 JAMES F BOVA CPA P00102172 6104357489 2023-02-28 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z PATRICK MULCAHY 2755 STATION AVENUE CENTER VALLEY PA 18034 2626623 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 1,030,789 PATRONS FROM 50 STATES SINCE 1992. 31 26 88 123 0 0 1182795 1395598 279770 694852 676199 456551 -34011 3070 2104753 2550071 0 0 0 0 883472 1491634 0 0 55059 520119 793369 1403591 2285003 701162 265068 8319668 6910876 444937 205997 7874731 6704879 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 1,030,789 PATRONS FROM 50 STATES SINCE 1992. 0 0 1878127 702368 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. 1878127 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 0 0 0 0 0 0 0 1 0 0 0 1 39 0 1 88 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 31 26 0 0 1 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 JASON KING JONES ARTISTIC DIRECTOR 60.00 X X 0 0 0 KERRY A WROBEL SECRETARY 5.00 X X 0 0 0 JAMES A BARTHOLOMEW ESQ DIRECTOR 2.00 X 0 0 0 PHOENIX BEST DIRECTOR 2.00 X 3983 0 0 KRISTINE B BURFEIND DIRECTOR 2.00 X 0 0 0 H LLOYD CARBAUGH DIRECTOR 2.00 X 0 0 0 AMY MILLER COHEN PHD DIRECTOR 2.00 X 0 0 0 LONA FARR PHD DIRECTOR 2.00 X 0 0 0 RONALD E SHEPPARD DIRECTOR 2.00 X 0 0 0 JOAN MILLER MORAN DIRECTOR 2.00 X 0 0 0 JUDITH MORRISON DIRECTOR 2.00 X 0 0 0 PATRICIA MULLIN DIRECTOR 2.00 X 0 0 0 DR DEBORAH W SUNDLOF DO 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 DAVID B ROTHROCK DIRECTOR 2.00 X 0 0 0 MARTHA HUTSON-SAXTON DIRECTOR 2.00 X 0 0 0 IAN SMITH DIRECTOR 2.00 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 CASEY W GALLAGHER MANAGING DIRECTOR 60.00 X X 0 82765 14388 PATRICK MULCAHY PROD. ARTISTIC DIR. 60.00 X X 0 158169 32591 REV KEVIN NADOLSKI OSFS DIRECTOR 2.00 X 0 0 0 DENNIS RAZZE ASSOC. ARTISTIC DIR. 20.00 40.00 X 0 156631 19113 ROBERT SNYDER DIRECTOR 2.00 58.00 X 0 232002 28970 DR JAMES K WU DIRECTOR 2.00 X 0 0 0 ILIA ISORELYS PAULINO 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 KAREN DOYLE WALTON EDD DIRECTOR 2.00 X 0 0 0 3983 629567 95062 0 0 1 0 0 126025 600364 669209 10270 1395598 TICKET SALES 711190 651825 651825 EDUCATION PROGRAM INCO 611600 22685 22685 ADVERTISING REVENUE 711300 20342 20342 694852 114835 114835 341716 0 341716 341716 341716 21427 126025 53422 -31995 -31995 37400 9851 27549 27549 20508 13279 7229 7229 OTHER INCOME (NET) 711190 287 287 287 2550071 702368 0 452105 113643 71985 26036 15622 1116651 963542 133303 19806 157811 128564 23391 5856 103529 92151 8741 2637 58319 6626 51693 122389 122389 77201 51679 17874 7648 55220 46171 8895 154 17649 17649 31362 31362 17855 1250 16605 PRODUCTION COSTS 372528 372528 AUDITION EXPENSE 21242 21242 MISCELLANEOUS 13820 13330 490 DEVELOPMENT & RESEARCH 2938 2938 2846 2846 2285003 1878127 351817 55059 316664 280672 836726 532841 87287 60399 17973 120068 6290 5404 35081 99375 334651 248218 94428 86433 6906022 5712554 19197 13130 8319668 6910876 15505 22893 406441 74606 22991 108498 444937 205997 X 1180267 1087427 6694464 5617452 7874731 6704879 8319668 6910876 265068 -1434920 0 X X 0 1 X 1 0 X 613072 673099 701138 1182795 1395598 4565702 1161725 1101959 42305 281070 715360 3302419 74092 75786 12550 58827 221255 1848889 1850844 743443 1476415 2169785 8089376 65250 88670 92500 172220 111000 529640 0 65250 88670 92500 172220 111000 529640 7559736 102591 107101 108366 105266 114835 538159 102591 107101 108366 105266 114835 538159 6832 3411 2104 287 12634 1958312 1961356 853913 1581681 2284907 8640169 0.87500 0.86910 0.06230 0.06110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5474090 3943 137580 232125 5383488 5407698 4133 251529 189270 5474090 5329449 35020 246379 203150 5407698 5302757 35802 229790 238900 5329449 5177721 100120 261116 236200 5302757 0.08600 0.90400 0.01000 0 1 1 305878 219445 86433 28773 28773 0 86433 LONG TERM INVESTMENTS 5712554 F 5712554 DUE TO RELATED PARTY 95368 OPERATING LEASE LIABILITY 13130 108498 X 1948376 -1434920 819946 13279 -601695 2550071 0 2550071 3118228 819946 13279 833225 2285003 0 2285003 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 13,279. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION ITEMS 13,279. 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 139975 126025 13950 17203 18968 9502 SPECIALTY DINNERS 7477 7477 7749 147452 126025 21427 17203 26717 9502 53422 -31995 37400 9851 0 37400 9851 9851 27549 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 ROBERT SNYDER DIRECTOR 0 232002 0 0 0 0 0 13147 0 15823 0 260972 0 0 PATRICK MULCAHY PROD. ARTISTIC DIR. 0 158169 0 0 0 0 0 8963 0 23628 0 190760 0 0 DENNIS RAZZE ASSOC. ARTISTIC DIR. 0 156631 0 0 0 0 0 8876 0 10237 0 175744 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BY-LAWS DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2022. THE AMENDMENT INCLUDED IMPLEMENTATION OF A DUAL LEADERSHIP STRUCTURE, AND THE PRESIDENT OF DESALES UNIVERSITY, THE PARENT OF THE ORGANIZATION, MAY NOW APPOINT UP TO TWO (2) MEMBERS OF THE GOVERNING BOARD OF DIRECTORS, AMONG OTHER ADMINISTRATIVE CHANGES. 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 PRODUCING 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 95368 FAIR MARKET VALUE DESALES UNIVERSITY N 407775 FAIR MARKET VALUE DESALES UNIVERSITY O 372250 FAIR MARKET VALUE DESALES UNIVERSITY P 540904 FAIR MARKET VALUE