2021-05-03T14:47:30-05:00 2020-06-30 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2019-07-01 222546201 THE DAILY PENNSYLVANIAN INC DAIL 2154224640 4015 WALNUT STREET PHILADELPHIA PA 191046198 DEBORAH HOWLETT GENERAL MANAGER 2154224640 2021-05-03 1 HARRISON PEREIRA P00746867 2159798800 2021-05-03 2019 2022-09-23 18:48:47Z DEBORAH HOWLETT 4015 WALNUT STREET PHILADELPHIA PA 191046198 719573 0 X WWW.THEDP.COM X 1885 PA THE PUBLICATION OF THE UNIVERSITY OF PENNSYLVANIA'S INDEPENDENT STUDENT NEWSPAPER AND RELATED PUBLICATIONS. 9 9 39 345 0 0 70435 120072 418091 325639 225595 188271 910 0 715031 633982 31250 56939 0 0 322589 383792 29322 17814 91625 363810 331412 746971 789957 -31940 -155975 3491250 3444798 10089 113329 3481161 3331469 THE DAILY PENNSYLVANIAN EXISTS TO INFORM THE PENN COMMUNITY OF RELEVANT NEWS AND OPINION WHILE PROVIDING A TRAINING VEHICLE FOR STUDENTS. 0 0 594965 56939 325639 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. 594965 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 39 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DEBORAH HOWLETT GENERAL MANAGER 2154224640 4015 WALNUT STREET PHILADELPHIA PA 191046198 JULIA SCHORR PRESIDENT - FALL 2019 30.00 X X 0 0 0 REMI GOLDEN VICE PRESIDENT - FALL 2019 30.00 X X 0 0 0 SARAH FORTINSKY SECRETARY - FALL 2019 30.00 X X 0 0 0 ISABELLA SIMONETTI PRESIDENT - SPRING 2020 30.00 X X 0 0 0 BENJAMIN ZHAO SECRETARY - SPRING 2020 30.00 X X 0 0 0 DANE GREISIGER VICE PRESIDENT - SPRING 2019 30.00 X X 0 0 0 ANNABELLE WILLIAMS DIRECTOR - FALL 2019 20.00 X 0 0 0 DANIEL GINGISS DIRECTOR 2.00 X 0 0 0 CHARLES COHEN DIRECTOR 2.00 X 0 0 0 RANDALL LANE DIRECTOR 2.00 X 0 0 0 REBECCA KAPLAN DIRECTOR 2.00 X 0 0 0 SAM HOLLAND DIRECTOR - SUMMER 2019 20.00 X 0 0 0 ALEC DRUGGAN DIRECTOR - SPRING 2020 20.00 X 0 0 0 TAMSYN BRANN DIRECTOR - SPRING 2020 20.00 X 0 0 0 ERIC JACOBS GENERAL MANAGER / TREASURER 40.00 X 115167 0 21241 115167 0 21241 1 0 0 0 0 120072 120072 ADVERTISING REVENUES 900099 304944 304944 SUBSCRIPTIONS, ETC. 900099 20695 20695 325639 63862 63862 210000 85591 124409 124409 124409 633982 325639 0 188271 56939 56939 140044 70021 56018 14005 196138 134600 20033 41505 6803 5735 962 106 16706 11163 217 5326 24101 14842 5175 4084 12337 12337 17814 17814 2487 2487 79928 72826 2733 4369 24541 22129 2412 71521 68951 1510 1060 3072 3072 39453 38035 833 585 18280 17732 548 DELIVERY 30328 30328 BANQUET AND ENTERTAINME 22158 22158 MAINTENANCE 15034 14494 317 223 MARKETING SUPPLIES AND 2990 2990 9283 8950 197 136 789957 594965 103367 91625 355597 349462 2880 12846 33527 37650 664142 601444 97985 62698 3001261 2982142 3491250 3444798 8252 42082 1837 71247 10089 113329 X 3366034 3213863 115127 117606 3481161 3331469 3491250 3444798 -155975 6283 0 X 0 1 X 1 0 X 68549 57051 73006 70435 120072 389113 676339 636668 494696 418091 325639 2551433 744888 693719 567702 488526 445711 2940546 10000 9250 19250 0 10000 9250 19250 2921296 64258 59945 60084 84787 63862 332936 64258 59945 60084 84787 63862 332936 103 910 1013 809249 753664 627786 574223 509573 3274495 0.89210 0.90410 0.10170 0.09280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 230640 213795 16845 433502 387649 45853 62698 X 640265 6283 6283 633982 0 633982 789957 0 789957 0 789957 PART X, LINE 2: 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. 1 SHULTZ & WILLIAMS 1617 JFK BLVD SUITE 1700 PHILADELPHIA PA 19103 FUNDRAISING CONSULTANT 0 0 17814 -17814 17814 -17814 1 SCHOLARSHIPS AND AWARDS 34 56939 PART I, LINE 2: 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. 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.