DAILY PENNSYLVANIAN INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
DAILY PENNSYLVANIAN INC (EIN 22-2546201)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-15
IRS object ID
202301359349306705
Schema version
2021v4.2
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)
Return2023-05-15T11:16:34-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

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 Begin2021-07-01TaxPeriodBeginDt

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
Signature2023-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKATHERINEPersonFirstNm
Person LastROSSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHARRISON PEREIRAPreparerPersonNm
PTINP00746867PTIN
Phone2159798800PhoneNum
Preparation2023-05-12PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

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$1,508,807GrossReceiptsAmt
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 Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee15TotalEmployeeCnt
Total Volunteers296TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$216,488PYContributionsGrantsAmt
CY Contributions Grants$312,614CYContributionsGrantsAmt
PY Program Service Revenue$191,227PYProgramServiceRevenueAmt
CY Program Service Revenue$246,380CYProgramServiceRevenueAmt
PY Investment Income$293,484PYInvestmentIncomeAmt
CY Investment Income$232,797CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$701,199PYTotalRevenueAmt
CY Total Revenue$791,791CYTotalRevenueAmt
PY Grants And Similar Paid$25,858PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$89,450CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$553,361PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$527,290CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$134,440CYTotalFundraisingExpenseAmt
PY Other Expenses$249,368PYOtherExpensesAmt
CY Other Expenses$334,888CYOtherExpensesAmt
PY Total Expenses$828,587PYTotalExpensesAmt
CY Total Expenses$951,628CYTotalExpensesAmt
PY Revenues Less Expenses-$127,388PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$159,837CYRevenuesLessExpensesAmt
Total Assets BOY$3,879,521TotalAssetsBOYAmt
Total Assets EOY$3,072,657TotalAssetsEOYAmt
Total Liabilities BOY$115,233TotalLiabilitiesBOYAmt
Total Liabilities EOY$50,126TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,764,288NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,022,531NetAssetsOrFundBalancesEOYAmt
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$679,948ExpenseAmt
Grant$89,450GrantAmt
Revenue$246,380RevenueAmt
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$679,948TotalProgramServiceExpensesAmt
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 Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
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 Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document46IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee15EmployeeCnt
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 Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
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 (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
ALESSANDRA PINTADO-URBANC
PRESIDENT (SPRING 2022)30.00Yes (X)Yes (X)$600$0$0
ANGELA SHEN
DIRECTOR (SPRING 2022)20.00Yes (X)$0$0$0
BEATRICE FORMAN
DIRECTOR (FALL 2021)20.00Yes (X)$2,000$0$0
CHARLES COHEN
DIRECTOR4.00Yes (X)$0$0$0
DANE GREISINGER
PRESIDENT (FALL 2021)30.00Yes (X)Yes (X)$0$0$0
DANIEL GINGISS
DIRECTOR4.00Yes (X)$0$0$0
EMILY WHITE
DIRECTOR (SPRING 2022)20.00Yes (X)$0$0$0
GREG FERRY
VICE PRESIDENT (SPRING 2022)30.00Yes (X)Yes (X)$0$0$0
JAMES MORRISON
DIRECTOR (FALL 2021)20.00Yes (X)$2,000$0$0
JOHN PEYTON
DIRECTOR (SPRING 2022)4.00Yes (X)$0$0$0
JULIA RUBIN
DIRECTOR (SPRING 2022)4.00Yes (X)$0$0$0
REBECCA KAPLAN
DIRECTOR (FALL 2021)4.00Yes (X)$0$0$0
UNNATI DASS SILVERMAN
DIRECTOR (FALL 2021)4.00Yes (X)$0$0$0
ASHLEY AHN
SECRETARY (FALL 2021)30.00Yes (X)$0$0$0
DEBORAH HOWLETT
GENERAL MANAGER40.00Yes (X)$116,553$0$4,244
PIA SINGH
SECRETARY (SPRING 2022)30.00Yes (X)$0$0$0
STEVEN MOLBERGER
DIRECTOR OF DEVELOPMENT40.00$112,551$0$12,933Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$233,704TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$17,177TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$81,412GovernmentGrantsAmt
All Other Contributions$231,202AllOtherContributionsAmt
Total Contributions$312,614TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADVERTISING REVENUES900099$236,965$236,965
SUBSCRIPTIONS, ETC.900099$9,415$9,415
FieldValueIRS element (for citing)
Total Program Service Revenue$246,380TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$91,007TotalRevenueColumnAmt
Exclusion$91,007ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$858,806SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$717,016SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$141,790SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$141,790TotalRevenueColumnAmt
Exclusion$141,790ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$791,791TotalRevenueColumnAmt
Related Or Exempt Func Income$246,380RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$232,797ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$89,450TotalAmt
Program Services$89,450ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$136,702TotalAmt
Program Services$68,351ProgramServicesAmt
Management And General$54,680ManagementAndGeneralAmt
Fundraising$13,671FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$315,837TotalAmt
Program Services$189,009ProgramServicesAmt
Management And General$33,450ManagementAndGeneralAmt
Fundraising$93,378FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$13,721TotalAmt
Program Services$6,430ProgramServicesAmt
Management And General$3,534ManagementAndGeneralAmt
Fundraising$3,757FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$28,188TotalAmt
Program Services$18,194ProgramServicesAmt
Management And General$2,265ManagementAndGeneralAmt
Fundraising$7,729FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$32,842TotalAmt
Program Services$18,730ProgramServicesAmt
Management And General$6,239ManagementAndGeneralAmt
Fundraising$7,873FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$160TotalAmt
Management And General$160ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$23,785TotalAmt
Management And General$23,785ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,478TotalAmt
Management And General$5,478ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$72,311TotalAmt
Program Services$68,571ProgramServicesAmt
Management And General$1,934ManagementAndGeneralAmt
Fundraising$1,806FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$20,885TotalAmt
Program Services$17,746ProgramServicesAmt
Fundraising$3,139FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$87,345TotalAmt
Program Services$83,251ProgramServicesAmt
Management And General$2,991ManagementAndGeneralAmt
Fundraising$1,103FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,037TotalAmt
Program Services$3,037ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$22,654TotalAmt
Program Services$21,592ProgramServicesAmt
Management And General$776ManagementAndGeneralAmt
Fundraising$286FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$23,142TotalAmt
Program Services$22,448ProgramServicesAmt
Management And General$694ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BANQUET AND ENTERTAINME$25,522$25,522
MAINTENANCE$18,633$17,760$638$235
MARKETING SUPPLIES AND$8,595$8,595
BANK AND CREDIT CARD PR$5,343$4,106$1,237

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$17,998TotalAmt
Program Services$17,156ProgramServicesAmt
Management And General$616ManagementAndGeneralAmt
Fundraising$226FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$951,628TotalAmt
Program Services$679,948ProgramServicesAmt
Management And General$137,240ManagementAndGeneralAmt
Fundraising$134,440FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$397,664BOYAmt
EOY$624,672EOYAmt

Accounts Receivable AccountsReceivableGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$30,032BOYAmt
EOY$20,112EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$670,774LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$656,047LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$30,749BOYAmt
EOY$14,727EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,420,733BOYAmt
EOY$2,412,803EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,879,521BOYAmt
EOY$3,072,657EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$30,194BOYAmt
EOY$46,746EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$85,039BOYAmt
EOY$3,380EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$115,233BOYAmt
EOY$50,126EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,626,102BOYAmt
EOY$2,841,897EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$138,186BOYAmt
EOY$180,634EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,764,288BOYAmt
EOY$3,022,531EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,879,521BOYAmt
EOY$3,072,657EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$159,837ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$581,920NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit Committee0AuditCommitteeInd
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$73,006CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$70,435CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$120,072CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$216,488CurrentTaxYearMinus1YearAmt
Current Tax Year$312,614CurrentTaxYearAmt
Total$792,615TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$494,696CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$418,091CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$325,639CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$191,227CurrentTaxYearMinus1YearAmt
Current Tax Year$246,380CurrentTaxYearAmt
Total$1,676,033TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$567,702CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$488,526CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$445,711CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$407,715CurrentTaxYearMinus1YearAmt
Current Tax Year$558,994CurrentTaxYearAmt
Total$2,468,648TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$9,250CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,000CurrentTaxYearMinus1YearAmt
Current Tax Year$35,000CurrentTaxYearAmt
Total$69,250TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$9,250CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,000CurrentTaxYearMinus1YearAmt
Current Tax Year$35,000CurrentTaxYearAmt
Total$69,250TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,399,398PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$60,084CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$84,787CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$63,862CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$58,817CurrentTaxYearMinus1YearAmt
Current Tax Year$91,007CurrentTaxYearAmt
Total$358,557TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$60,084CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$84,787CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$63,862CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$58,817CurrentTaxYearMinus1YearAmt
Current Tax Year$91,007CurrentTaxYearAmt
Total$358,557TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$910CurrentTaxYearMinus3YearsAmt
Total$910TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$627,786CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$574,223CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$509,573CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$466,532CurrentTaxYearMinus1YearAmt
Current Tax Year$650,001CurrentTaxYearAmt
Total$2,828,115TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.84840PublicSupportCY509Pct
Public Support PY5090.87630PublicSupportPY509Pct
Investment Income CY0.12680InvestmentIncomeCYPct
Investment Income PY0.11170InvestmentIncomePYPct
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$232,073OtherCostOrOtherBasisAmt
Depreciation$229,360DepreciationAmt
Book Value$2,713BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$438,701OtherCostOrOtherBasisAmt
Depreciation$426,687DepreciationAmt
Book Value$12,014BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$14,727TotalBookValueLandBuildingsAmt
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 (2019-2021) OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S FISCAL 2022 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
Recipient80RecipientCnt
Cash Grant$89,450CashGrantAmt

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.

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