DAILY PENNSYLVANIAN INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: DAILY PENNSYLVANIAN INC (EIN 22-2546201)
Tax period: 2019-07-01 to 2020-06-30
Filed: 2021-05-03
IRS object ID: 202101239349301840
Schema version: 2019v5.2
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-05-03T14:47:30-05:00	ReturnTs
Tax Period End	2020-06-30	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	2019-07-01	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	2021-05-03	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	HARRISON PEREIRA	PreparerPersonNm
PTIN	P00746867	PTIN
Phone	2159798800	PhoneNum
Preparation	2021-05-03	PreparationDt

Field	Value	IRS element (for citing)
Tax	2019	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	$719,573	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	39	TotalEmployeeCnt
Total Volunteers	345	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$70,435	PYContributionsGrantsAmt
CY Contributions Grants	$120,072	CYContributionsGrantsAmt
PY Program Service Revenue	$418,091	PYProgramServiceRevenueAmt
CY Program Service Revenue	$325,639	CYProgramServiceRevenueAmt
PY Investment Income	$225,595	PYInvestmentIncomeAmt
CY Investment Income	$188,271	CYInvestmentIncomeAmt
PY Other Revenue	$910	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$715,031	PYTotalRevenueAmt
CY Total Revenue	$633,982	CYTotalRevenueAmt
PY Grants And Similar Paid	$31,250	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$56,939	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$322,589	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$383,792	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$29,322	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$17,814	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$91,625	CYTotalFundraisingExpenseAmt
PY Other Expenses	$363,810	PYOtherExpensesAmt
CY Other Expenses	$331,412	CYOtherExpensesAmt
PY Total Expenses	$746,971	PYTotalExpensesAmt
CY Total Expenses	$789,957	CYTotalExpensesAmt
PY Revenues Less Expenses	-$31,940	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$155,975	CYRevenuesLessExpensesAmt
Total Assets BOY	$3,491,250	TotalAssetsBOYAmt
Total Assets EOY	$3,444,798	TotalAssetsEOYAmt
Total Liabilities BOY	$10,089	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$113,329	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$3,481,161	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$3,331,469	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	$594,965	ExpenseAmt
Grant	$56,939	GrantAmt
Revenue	$325,639	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	$594,965	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	Yes (1)	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	1	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	39	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 (15 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
JULIA SCHORR
PRESIDENT - FALL 2019	30.00	Yes (X)	Yes (X)	$0	$0	$0
REMI GOLDEN
VICE PRESIDENT - FALL 2019	30.00	Yes (X)	Yes (X)	$0	$0	$0
SARAH FORTINSKY
SECRETARY - FALL 2019	30.00	Yes (X)	Yes (X)	$0	$0	$0
ISABELLA SIMONETTI
PRESIDENT - SPRING 2020	30.00	Yes (X)	Yes (X)	$0	$0	$0
BENJAMIN ZHAO
SECRETARY - SPRING 2020	30.00	Yes (X)	Yes (X)	$0	$0	$0
DANE GREISIGER
VICE PRESIDENT - SPRING 2019	30.00	Yes (X)	Yes (X)	$0	$0	$0
ANNABELLE WILLIAMS
DIRECTOR - FALL 2019	20.00	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
SAM HOLLAND
DIRECTOR - SUMMER 2019	20.00	Yes (X)		$0	$0	$0
ALEC DRUGGAN
DIRECTOR - SPRING 2020	20.00	Yes (X)		$0	$0	$0
TAMSYN BRANN
DIRECTOR - SPRING 2020	20.00	Yes (X)		$0	$0	$0
ERIC JACOBS
GENERAL MANAGER / TREASURER	40.00		Yes (X)	$115,167	$0	$21,241

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$115,167	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$21,241	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
All Other Contributions	$120,072	AllOtherContributionsAmt
Total Contributions	$120,072	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADVERTISING REVENUES	900099	$304,944	$304,944
SUBSCRIPTIONS, ETC.	900099	$20,695	$20,695

Field	Value	IRS element (for citing)
Total Program Service Revenue	$325,639	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$63,862	TotalRevenueColumnAmt
Exclusion	$63,862	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$210,000	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$85,591	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$124,409	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$124,409	TotalRevenueColumnAmt
Exclusion	$124,409	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$633,982	TotalRevenueColumnAmt
Related Or Exempt Func Income	$325,639	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$188,271	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$56,939	TotalAmt
Program Services	$56,939	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$140,044	TotalAmt
Program Services	$70,021	ProgramServicesAmt
Management And General	$56,018	ManagementAndGeneralAmt
Fundraising	$14,005	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$196,138	TotalAmt
Program Services	$134,600	ProgramServicesAmt
Management And General	$20,033	ManagementAndGeneralAmt
Fundraising	$41,505	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$6,803	TotalAmt
Program Services	$5,735	ProgramServicesAmt
Management And General	$962	ManagementAndGeneralAmt
Fundraising	$106	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$16,706	TotalAmt
Program Services	$11,163	ProgramServicesAmt
Management And General	$217	ManagementAndGeneralAmt
Fundraising	$5,326	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$24,101	TotalAmt
Program Services	$14,842	ProgramServicesAmt
Management And General	$5,175	ManagementAndGeneralAmt
Fundraising	$4,084	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$12,337	TotalAmt
Management And General	$12,337	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$17,814	TotalAmt
Fundraising	$17,814	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,487	TotalAmt
Management And General	$2,487	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$79,928	TotalAmt
Program Services	$72,826	ProgramServicesAmt
Management And General	$2,733	ManagementAndGeneralAmt
Fundraising	$4,369	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$24,541	TotalAmt
Program Services	$22,129	ProgramServicesAmt
Fundraising	$2,412	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$71,521	TotalAmt
Program Services	$68,951	ProgramServicesAmt
Management And General	$1,510	ManagementAndGeneralAmt
Fundraising	$1,060	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$3,072	TotalAmt
Program Services	$3,072	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$39,453	TotalAmt
Program Services	$38,035	ProgramServicesAmt
Management And General	$833	ManagementAndGeneralAmt
Fundraising	$585	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$18,280	TotalAmt
Program Services	$17,732	ProgramServicesAmt
Management And General	$548	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
DELIVERY	$30,328	$30,328
BANQUET AND ENTERTAINME	$22,158	$22,158
MAINTENANCE	$15,034	$14,494	$317	$223
MARKETING SUPPLIES AND	$2,990	$2,990

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,283	TotalAmt
Program Services	$8,950	ProgramServicesAmt
Management And General	$197	ManagementAndGeneralAmt
Fundraising	$136	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$789,957	TotalAmt
Program Services	$594,965	ProgramServicesAmt
Management And General	$103,367	ManagementAndGeneralAmt
Fundraising	$91,625	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$355,597	BOYAmt
EOY	$349,462	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,880	BOYAmt
EOY	$12,846	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$33,527	BOYAmt
EOY	$37,650	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$664,142	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$601,444	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$97,985	BOYAmt
EOY	$62,698	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$3,001,261	BOYAmt
EOY	$2,982,142	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,491,250	BOYAmt
EOY	$3,444,798	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$8,252	BOYAmt
EOY	$42,082	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,837	BOYAmt
EOY	$71,247	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$10,089	BOYAmt
EOY	$113,329	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	$3,366,034	BOYAmt
EOY	$3,213,863	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$115,127	BOYAmt
EOY	$117,606	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,481,161	BOYAmt
EOY	$3,331,469	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,491,250	BOYAmt
EOY	$3,444,798	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$155,975	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$6,283	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	$68,549	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$57,051	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$73,006	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$70,435	CurrentTaxYearMinus1YearAmt
Current Tax Year	$120,072	CurrentTaxYearAmt
Total	$389,113	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$676,339	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$636,668	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$494,696	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$418,091	CurrentTaxYearMinus1YearAmt
Current Tax Year	$325,639	CurrentTaxYearAmt
Total	$2,551,433	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$744,888	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$693,719	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$567,702	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$488,526	CurrentTaxYearMinus1YearAmt
Current Tax Year	$445,711	CurrentTaxYearAmt
Total	$2,940,546	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$10,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$9,250	CurrentTaxYearAmt
Total	$19,250	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 Minus2 Years	$10,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$9,250	CurrentTaxYearAmt
Total	$19,250	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$2,921,296	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$64,258	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$59,945	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$60,084	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$84,787	CurrentTaxYearMinus1YearAmt
Current Tax Year	$63,862	CurrentTaxYearAmt
Total	$332,936	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$64,258	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$59,945	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$60,084	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$84,787	CurrentTaxYearMinus1YearAmt
Current Tax Year	$63,862	CurrentTaxYearAmt
Total	$332,936	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$103	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus1 Year	$910	CurrentTaxYearMinus1YearAmt
Total	$1,013	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$809,249	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$753,664	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$627,786	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$574,223	CurrentTaxYearMinus1YearAmt
Current Tax Year	$509,573	CurrentTaxYearAmt
Total	$3,274,495	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.89210	PublicSupportCY509Pct
Public Support PY509	0.90410	PublicSupportPY509Pct
Investment Income CY	0.10170	InvestmentIncomeCYPct
Investment Income PY	0.09280	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	$213,795	DepreciationAmt
Book Value	$16,845	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$433,502	OtherCostOrOtherBasisAmt
Depreciation	$387,649	DepreciationAmt
Book Value	$45,853	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$62,698	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$640,265	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$6,283	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$6,283	RevenueNotReportedAmt
Revenue Subtotal	$633,982	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$633,982	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$789,957	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$789,957	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$789,957	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 (2017-2019) OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S FISCAL 2020 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS.	ExplanationTxt

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SHULTZ & WILLIAMS	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1617 JFK BLVD SUITE 1700	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19103	ZIPCd

Field	Value	IRS element (for citing)
Activity	FUNDRAISING CONSULTANT	ActivityTxt
Fundraiser Control Of Funds	0	FundraiserControlOfFundsInd
Gross Receipts	$0	GrossReceiptsAmt
Retained By Contractor	$17,814	RetainedByContractorAmt
Net To Organization	-$17,814	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Retained By Contractors	$17,814	TotalRetainedByContractorsAmt
Total Net To Organization	-$17,814	TotalNetToOrganizationAmt

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	34	RecipientCnt
Cash Grant	$56,939	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.