DAILY PENNSYLVANIAN INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- DAILY PENNSYLVANIAN INC (EIN 22-2546201)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-11
- IRS object ID
- 202241319349302554
- Schema version
- 2020v4.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-11T09:48:37-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 231144520 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAIT WELLER & BAKER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 SOUTH 16TH STREET SUITE 2900 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222546201 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DAILY PENNSYLVANIAN INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DAIL | BusinessNameControlTxt |
| Phone | 2154224640 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4015 WALNUT STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191046198 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEBORAH HOWLETT | PersonNm |
| Person Title | GENERAL MANAGER | PersonTitleTxt |
| Phone | 2154224640 | PhoneNum |
| Signature | 2022-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DEBORAH | PersonFirstNm |
| Person Last | HOWLETT | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HARRISON PEREIRA | PreparerPersonNm |
| PTIN | P00746867 | PTIN |
| Phone | 2159798800 | PhoneNum |
| Preparation | 2022-05-11 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DEBORAH HOWLETT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4015 WALNUT STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191046198 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $881,532 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THEDP.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1885 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | THE PUBLICATION OF THE UNIVERSITY OF PENNSYLVANIA'S INDEPENDENT STUDENT NEWSPAPER AND RELATED PUBLICATIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 29 | TotalEmployeeCnt |
| Total Volunteers | 200 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $120,072 | PYContributionsGrantsAmt |
| CY Contributions Grants | $216,488 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $325,639 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $191,227 | CYProgramServiceRevenueAmt |
| PY Investment Income | $188,271 | PYInvestmentIncomeAmt |
| CY Investment Income | $293,484 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $633,982 | PYTotalRevenueAmt |
| CY Total Revenue | $701,199 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $56,939 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $25,858 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $383,792 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $553,361 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $17,814 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $129,658 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $331,412 | PYOtherExpensesAmt |
| CY Other Expenses | $249,368 | CYOtherExpensesAmt |
| PY Total Expenses | $789,957 | PYTotalExpensesAmt |
| CY Total Expenses | $828,587 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$155,975 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$127,388 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,444,798 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,879,521 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $113,329 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $115,233 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,331,469 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,764,288 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE DAILY PENNSYLVANIAN EXISTS TO INFORM THE PENN COMMUNITY OF RELEVANT NEWS AND OPINION WHILE PROVIDING A TRAINING VEHICLE FOR STUDENTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $505,661 | ExpenseAmt |
| Grant | $25,858 | GrantAmt |
| Revenue | $191,227 | RevenueAmt |
| Desc | THE 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 | $505,661 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 29 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEBORAH HOWLETT GENERAL MANAGER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2154224640 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4015 WALNUT STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191046198 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| MAX COHEN | ||||||
| VICE PRESIDENT | 30.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ISABELLA SIMONETTI | ||||||
| PRESIDENT , CHAIR | 30.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DANIEL GINGISS | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| CHARLES COHEN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| RANDALL LANE | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| REBECCA KAPLAN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES MORRISON | ||||||
| DIRECTOR | 30.00 | Yes (X) | $0 | $0 | $0 | |
| TAMSYN BRANN | ||||||
| DIRECTOR | 30.00 | Yes (X) | $0 | $0 | $0 | |
| ERIC JACOBS | ||||||
| GENERAL MANAGER -JAN-SEP | 40.00 | Yes (X) | $104,162 | $0 | $22,529 | |
| DEBORAH HOWLETT | ||||||
| GENERAL MANAGER -JULY-DEC | 40.00 | Yes (X) | $53,076 | $0 | $0 | |
| BEN ZHAO | ||||||
| SECRETARY | 30.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $157,238 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $22,529 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $65,981 | GovernmentGrantsAmt |
| All Other Contributions | $150,507 | AllOtherContributionsAmt |
| Total Contributions | $216,488 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADVERTISING REVENUES | 900099 | $165,624 | $165,624 |
| SUBSCRIPTIONS, ETC. | 900099 | $25,603 | $25,603 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $191,227 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $58,817 | TotalRevenueColumnAmt |
| Exclusion | $58,817 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $415,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $180,333 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $234,667 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $234,667 | TotalRevenueColumnAmt |
| Exclusion | $234,667 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $701,199 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $191,227 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $293,484 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,858 | TotalAmt |
| Program Services | $25,858 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,787 | TotalAmt |
| Program Services | $58,978 | ProgramServicesAmt |
| Management And General | $143,013 | ManagementAndGeneralAmt |
| Fundraising | $11,796 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,407 | TotalAmt |
| Program Services | $167,182 | ProgramServicesAmt |
| Management And General | $12,883 | ManagementAndGeneralAmt |
| Fundraising | $92,342 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,858 | TotalAmt |
| Program Services | $4,840 | ProgramServicesAmt |
| Fundraising | $3,018 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,040 | TotalAmt |
| Program Services | $16,425 | ProgramServicesAmt |
| Fundraising | $7,615 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,269 | TotalAmt |
| Program Services | $16,843 | ProgramServicesAmt |
| Management And General | $10,613 | ManagementAndGeneralAmt |
| Fundraising | $7,813 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,416 | TotalAmt |
| Management And General | $20,416 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250 | TotalAmt |
| Management And General | $250 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,829 | TotalAmt |
| Program Services | $37,720 | ProgramServicesAmt |
| Management And General | $1,227 | ManagementAndGeneralAmt |
| Fundraising | $1,882 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,874 | TotalAmt |
| Program Services | $20,286 | ProgramServicesAmt |
| Fundraising | $3,588 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,252 | TotalAmt |
| Program Services | $74,585 | ProgramServicesAmt |
| Management And General | $2,679 | ManagementAndGeneralAmt |
| Fundraising | $988 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262 | TotalAmt |
| Program Services | $262 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,950 | TotalAmt |
| Program Services | $30,452 | ProgramServicesAmt |
| Management And General | $1,094 | ManagementAndGeneralAmt |
| Fundraising | $404 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,288 | TotalAmt |
| Program Services | $16,769 | ProgramServicesAmt |
| Management And General | $519 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MARKETING SUPPLIES AND | $10,729 | $10,729 | ||
| MAINTENANCE | $6,301 | $6,005 | $216 | $80 |
| DELIVERY | $4,470 | $4,470 | ||
| BANQUET AND ENTERTAINME | $4,282 | $4,282 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,465 | TotalAmt |
| Program Services | $9,975 | ProgramServicesAmt |
| Management And General | $358 | ManagementAndGeneralAmt |
| Fundraising | $132 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $828,587 | TotalAmt |
| Program Services | $505,661 | ProgramServicesAmt |
| Management And General | $193,268 | ManagementAndGeneralAmt |
| Fundraising | $129,658 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $349,462 | BOYAmt |
| EOY | $397,664 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,846 | BOYAmt |
| EOY | $343 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,650 | BOYAmt |
| EOY | $30,032 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $664,142 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $633,393 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,698 | BOYAmt |
| EOY | $30,749 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,982,142 | BOYAmt |
| EOY | $3,420,733 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,444,798 | BOYAmt |
| EOY | $3,879,521 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,082 | BOYAmt |
| EOY | $30,194 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,247 | BOYAmt |
| EOY | $85,039 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,329 | BOYAmt |
| EOY | $115,233 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,213,863 | BOYAmt |
| EOY | $3,626,102 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,606 | BOYAmt |
| EOY | $138,186 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,331,469 | BOYAmt |
| EOY | $3,764,288 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,444,798 | BOYAmt |
| EOY | $3,879,521 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$127,388 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $560,207 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $57,051 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $73,006 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $70,435 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $120,072 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $216,488 | CurrentTaxYearAmt |
| Total | $537,052 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $636,668 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $494,696 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $418,091 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $325,639 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $191,227 | CurrentTaxYearAmt |
| Total | $2,066,321 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $693,719 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $567,702 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $488,526 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $445,711 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $407,715 | CurrentTaxYearAmt |
| Total | $2,603,373 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $10,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $9,250 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,000 | CurrentTaxYearAmt |
| Total | $34,250 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $10,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $9,250 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,000 | CurrentTaxYearAmt |
| Total | $34,250 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $2,569,123 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $59,945 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $60,084 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $84,787 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $63,862 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $58,817 | CurrentTaxYearAmt |
| Total | $327,495 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $59,945 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $60,084 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $84,787 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $63,862 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $58,817 | CurrentTaxYearAmt |
| Total | $327,495 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $910 | CurrentTaxYearMinus2YearsAmt |
| Total | $910 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $753,664 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $627,786 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $574,223 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $509,573 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $466,532 | CurrentTaxYearAmt |
| Total | $2,931,778 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.87630 | PublicSupportCY509Pct |
| Public Support PY509 | 0.89210 | PublicSupportPY509Pct |
| Investment Income CY | 0.11170 | InvestmentIncomeCYPct |
| Investment Income PY | 0.10170 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $230,640 | OtherCostOrOtherBasisAmt |
| Depreciation | $221,530 | DepreciationAmt |
| Book Value | $9,110 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $433,502 | OtherCostOrOtherBasisAmt |
| Depreciation | $411,863 | DepreciationAmt |
| Book Value | $21,639 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $30,749 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,261,406 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $560,207 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $560,207 | RevenueNotReportedAmt |
| Revenue Subtotal | $701,199 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $701,199 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $828,587 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $828,587 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $828,587 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN FISCAL TAX YEARS (2018-2020) OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S FISCAL 2021 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND AWARDS | GrantTypeTxt |
| Recipient | 12 | RecipientCnt |
| Cash Grant | $25,858 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE 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 ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS ANNUALLY PRESENTED TO THE BOARD MEMBERS BEFORE FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE 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 15 | EACH 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 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT ANY TIME DURING NORMAL BUSINESS HOURS. |
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