2020-04-22T11:04:57-05:00 2019-09-30 231386942 CAMPBELL RAPPOLD & YURASITS LLP 1033 S CEDAR CREST BLVD ALLENTOWN PA 181035443 990 2018-10-01 232655672 PENNSYLVANIA SHAKESPEARE FESTIVAL PENN 6102829455 2755 STATION AVENUE CENTER VALLEY PA 18034 PATRICK MULCAHY PRODUCING ARTISTIC DIRECTOR 6102829455 2020-03-24 JAMES F BOVA CPA P00102172 6104357489 2020-03-23 216.164.169.90 2020-03-24 08:59:21 ED P 1D7E18E29F3E246C7809448B542004F0E876CDA4 2655540E7546E806B90CC06A610BFCA66B05D31A 2018 2020-09-23 17:36:50Z PATRICK MULCAHY 2755 STATION AVENUE CENTER VALLEY PA 18034 2081621 0 X WWW.PASHAKESPEARE.ORG X 1991 PA THE OFFICIAL SHAKESPEARE FESTIVAL OF THE COMMONWEALTH OF PENNSYLVANIA, PSF'S MISSION IS TO ENRICH, INSPIRE, ENGAGE, AND ENTERTAIN THE WIDEST POSSIBLE AUDIENCE THROUGH FIRST-RATE PROFESSIONAL PRODUCTIONS OF CLASSICAL AND CONTEMPORARY PLAYS, WITH A CORE COMMITMENT TO THE WORKS OF SHAKESPEARE AND OTHER MASTER DRAMATISTS, AND THROUGH AN ARRAY OF EDUCATIONAL OUTREACH AND MENTORSHIP PROGRAMS. A NOT-FOR-PROFIT, PROFESSIONAL REGIONAL THEATRE, PSF HAS ENTERTAINED OVER 977,500 PATRONS FROM 50 STATES SINCE 1992. 35 30 157 213 0 0 613072 673099 1108087 1052556 242660 227366 29314 28918 1993133 1981939 0 0 0 0 1360633 1305175 0 0 95123 706231 683487 2066864 1988662 -73731 -6723 6661211 6512773 86991 79530 6574220 6433243 X TO ENRICH, INSPIRE, ENGAGE, AND ENTERTAIN THE WIDEST POSSIBLE AUDIENCE THROUGH FIRST-RATE PROFESSIONAL PRODUCTIONS OF CLASSICAL AND CONTEMPORARY PLAYS, WITH A CORE COMMITMENT TO THE WORKS OF SHAKESPEARE AND OTHER MASTER DRAMATISTS, AND THROUGH AN ARRAY OF EDUCATIONAL OUTREACH AND MENTORSHIP PROGRAMS. A NOT-FOR-PROFIT, PROFESSIONAL REGIONAL THEATRE, PSF HAS ENTERTAINED OVER 977,500 PATRONS FROM 50 STATES SINCE 1992. 0 0 1644472 1070972 PROFESSIONAL NOT-FOR-PROFIT THEATRE COMPANY DEDICATED TO MAKING AVAILABLE THE PLAYS OF WILLIAM SHAKESPEARE, BROADWAY MUSICALS, WORLD CLASSICS AND CHILDREN'S PRODUCTIONS FOR A REGIONAL AUDIENCE. 1644472 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 62 0 1 157 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 35 30 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X BUSINESS MANAGER 6102829455 2755 STATION AVENUE CENTER VALLEY PA 18034 JUDITH A HARRIS ESQ PRESIDENT 5.00 X X 0 0 0 JO-ANN S KELLY VICE PRESIDENT 5.00 X X 0 0 0 KERRY A WROBEL SECRETARY 5.00 X X 0 0 0 JAMES A BARTHOLOMEW ESQ DIRECTOR 2.00 X 0 0 0 PHOENIX BEST DIRECTOR 2.00 X 0 0 0 KRISTINE B BURFEIND DIRECTOR 2.00 X 0 0 0 H LLOYD CARBAUGH DIRECTOR 2.00 X 0 0 0 AMY MILLER COHEN PHD DIRECTOR 2.00 X 0 0 0 PAUL DOMALAKES ESQ DIRECTOR 2.00 X 0 0 0 LONA FARR PHD DIRECTOR 2.00 X 0 0 0 LINDA LAPOS MD DIRECTOR 2.00 X 0 0 0 THOMAS LUBBEN EDD DIRECTOR 2.00 X 0 0 0 ANDREW MCINTYRE DIRECTOR 2.00 X 0 0 0 JOAN MILLER MORAN DIRECTOR 2.00 X 0 0 0 JUDITH MORRISON DIRECTOR 2.00 X 0 0 0 PATRICIA MULLIN DIRECTOR 2.00 X 0 0 0 KATHLEEN KUND NOLAN DIRECTOR 2.00 X 0 0 0 GERALD D NOLL DIRECTOR 2.00 X 0 0 0 JAMES PANTANO DIRECTOR 2.00 X 0 0 0 BARRY PELL DIRECTOR 2.00 X 0 0 0 DAVID B ROTHROCK DIRECTOR 2.00 X 0 0 0 JOHN RUSSO DIRECTOR 2.00 X 0 0 0 MARTHA HUTSON-SAXTON DIRECTOR 2.00 X 0 0 0 RONALD E SHEPPARD DIRECTOR 2.00 X 0 0 0 IAN SMITH DIRECTOR 2.00 X 0 0 0 RUTH R SPIRA DIRECTOR 2.00 X 0 0 0 AURELIE THIELE PHD DIRECTOR 2.00 X 0 0 0 ELAINE J TRIGIANO DIRECTOR 2.00 X 0 0 0 STEFANIE WEXLER DIRECTOR 2.00 X 0 0 0 PATRICK WITMER DIRECTOR 2.00 X 0 0 0 CASEY W GALLAGHER MANAGING DIRECTOR 60.00 X 0 74848 16459 PATRICK MULCAHY PROD. ARTISTIC DIR. 60.00 X X 600 146488 36613 REV KEVIN NADOLSKI OSFS DIRECTOR 2.00 X 0 0 0 DENNIS RAZZE ASSOC. ARTISTIC DIR. 20.00 40.00 X 0 144645 31500 ROBERT SNYDER DIRECTOR 2.00 58.00 X 0 226357 40268 600 592338 124840 0 0 1 0 0 127730 23048 522321 15465 673099 TICKET SALES 711190 1022763 1022763 ADVERTISING REVENUE 711300 29793 29793 1052556 107101 107101 120265 0 120265 120265 120265 35786 127730 55250 -19464 -19464 40000 10034 29966 29966 49403 34398 15005 15005 OTHER INCOME (NET) 711190 3411 3411 3411 1981939 1070972 0 237868 95829 60898 21832 13099 949386 806591 94612 48183 182149 149885 23549 8715 77811 65821 7987 4003 12090 6045 6045 113500 113435 65 83952 57606 15474 10872 34653 32056 2237 360 20778 20778 30225 30225 9280 650 8630 PRODUCTION COSTS 326801 326801 AUDITION EXPENSE 24684 24684 MISCELLANEOUS 10608 10608 CULTIVATION 9826 9826 7090 7090 1988662 1644472 249067 95123 186878 198468 280035 351040 270527 172271 20860 36360 2777 3770 70756 73155 247970 164210 103344 83760 5666903 5589933 59131 4016 6661211 6512773 18749 16295 68242 63235 86991 79530 X 895259 931247 835672 650905 4843289 4851091 6574220 6433243 6661211 6512773 -6723 -134254 0 X X 0 1 X 1 0 X 1246199 689081 572699 613072 673099 3794150 1181394 1231821 1281639 1161725 1101959 5958538 67272 64480 71054 74092 75786 352684 2494865 1985382 1925392 1848889 1850844 10105372 114060 166752 107151 25250 48000 461213 0 114060 166752 107151 25250 48000 461213 9644159 57335 67085 88597 102591 107101 422709 57335 67085 88597 102591 107101 422709 9443 19194 6594 6832 3411 45474 2561643 2071661 2020583 1958312 1961356 10573555 0.91210 0.93270 0.04000 0.03440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5302757 35802 229790 238900 5329449 5177721 100120 261116 236200 5302757 4920239 183246 224056 149820 5177721 4097439 572103 365827 115130 4920239 3461954 876118 -122233 118400 4097439 0.08050 0.91020 0.00930 0 1 1 219197 138314 80883 28773 25896 2877 83760 LONG TERM INVESTMENTS 5589933 F 5589933 X 2619216 -134254 737133 34398 637277 1981939 0 1981939 2760193 737133 34398 771531 1988662 0 1988662 PART V, LINE 4: THE ENDOWMENT INVESTMENT AND SPENDING POLICY ATTEMPTS TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENTS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS OR ACCRUED INTEREST OR PENALTIES THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION ITEMS 34,398. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION ITEMS 34,398. FORM 990, PART IV, 12A: THE ACCOUNTS OF THE ORGANIZATION ARE ALSO INCLUDED IN THE PARENT'S, DESALES UNIVERSITY, CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30. GALA/AUCTION 150330 127730 22600 10638 25705 650 5323 SPECIALTY DINNERS 13186 13186 12934 163516 127730 35786 10638 38639 650 5323 55250 -19464 40000 7000 3034 0 40000 7000 3034 10034 29966 PA 1 0 1 0 1.00000 BUSINESS MANAGER 2755 STATION AVENUE CENTER VALLEY PA 18034 0 0 X 1 1 X X X 0 0 0 1 0 0 0 0 0 PATRICK MULCAHY PROD. ARTISTIC DIR. 0 146488 0 0 600 0 0 14649 0 21964 600 183101 0 0 DENNIS RAZZE ASSOC. ARTISTIC DIR. 0 144645 0 0 0 0 0 14464 0 17036 0 176145 0 0 ROBERT SNYDER DIRECTOR 0 226357 0 0 0 0 0 22636 0 17632 0 266625 0 0 PART I, LINE 1A THE FESTIVAL REIMBURSES PATRICK MULCAHY, THE PRODUCING ARTISTIC DIRECTOR, FOR A PORTION OF DUES AND EXPENSES INCURRED FOR USE OF A SOCIAL CLUB FOR FESTIVAL RELATED MEETINGS AND MEALS WITH CURRENT AND PROSPECTIVE FRIENDS AND DONORS OF THE FESTIVAL. NO PORTION IS REPORTED AS TAXABLE COMPENSATION TO THE DIRECTOR AS IN ACCORDANCE WITH THE FESTIVAL'S REIMBURSEMENT POLICY, ONLY COSTS ASSOCIATED SOLELY FOR FESTIVAL BUSINESS ACTIVITIES ARE REIMBURSABLE. PART I, LINE 5 PRODUCING ARTISTIC DIRECTOR WAS ISSUED A 1099-MISC FOR A ROYALTY PAYMENT. X AUCTION ITEMS 76 15465 LESSER OF CONTRIBUTE 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF DESALES UNIVERSITY, THE PARENT OF THE ORGANIZATION, MAY APPOINT UP TO THREE (3) MEMBERS TO THE GOVERNING BODY BOARD OF DIRECTORS. THE BY-LAWS AUTHORIZE UP TO 45 MEMBERS ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND MADE AVAILABLE TO THE BOARD MEMBERS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY. ALL PERSONS ARE ASKED TO DISCLOSE CONFLICTS, SIGN, AND RETURN THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE PRODUCING ARTISTIC DIRECTOR IS PAID BY DESALES UNIVERSITY, A RELATED PARTY. THE UNIVERSITY'S BOARD APPROVES THE DIRECTOR'S COMPENSATION. THE BOARDS FOR BOTH THE UNIVERSITY AND THE FESTIVAL APPROVE THEIR RESPECTIVE ORGANIZATION'S PAYROLL. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND ON THE GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THAT OF THE PRIOR YEAR. DESALES UNIVERSITY 2755 STATION AVENUE CENTER VALLEY PA 18034 231653718 FOUR-YEAR COEDUCATIONAL LIBERAL ARTS UNIVERSITY PA 501(C)(3) 170(B)(1)(A)(II) 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 DESALES UNIVERSITY D 4016 FAIR MARKET VALUE DESALES UNIVERSITY N 368318 FAIR MARKET VALUE DESALES UNIVERSITY O 315862 FAIR MARKET VALUE DESALES UNIVERSITY P 488709 FAIR MARKET VALUE DESALES UNIVERSITY C 10000 FAIR MARKET VALUE