2017-05-11T14:19:23-05:00 2016-06-30 231144520 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2015-07-01 222546201 THE DAILY PENNSYLVANIAN INC DAIL 2154224640 4015 WALNUT STREET PHILADELPHIA PA 191046198 ERIC JACOBS GENERAL MANAGER 2154224640 2017-05-11 1 STACY CULLEN P00974308 2159798800 2017-05-11 2015 2021-01-29 14:40:06Z ERIC JACOBS 4015 WALNUT STREET PHILADELPHIA PA 191046198 944249 0 X WWW.THEDP.COM X 1885 PA THE PUBLICATION OF THE UNIVERSITY OF PENNSYLVANIA'S INDEPENDENT STUDENT NEWSPAPER AND RELATED PUBLICATIONS. 9 9 52 240 0 0 39399 68549 718043 676339 120184 110768 150 103 877776 855759 0 23925 0 0 343480 343847 0 0 0 463396 427547 806876 795319 70900 60440 3189213 3190478 52228 50994 3136985 3139484 THE DAILY PENNSYLVANIAN EXISTS TO INFORM THE PENN COMMUNITY OF RELEVANT NEWS AND OPINION WHILE PROVIDING A TRAINING VEHICLE FOR STUDENTS. 0 0 255897 23925 676339 THE DAILY PENNSYLVANIAN IS THE INDEPENDENT STUDENT NEWSPAPER OF THE UNIVERSITY OF PENNSYLVANIA. ABOUT 136 MORNINGS EACH SCHOOL YEAR, PENN STUDENTS, FACULTY AND STAFF TURN TO THE DP AS THEIR SOURCE OF CAMPUS AND CITY NEWS AND SPORTS COVERAGE. THE DIFFERENT EDITORIAL DEPARTMENTS ARE: NEWS, SPORTS,PHOTOGRAPHY, ART, EDITORIAL PAGE, DESIGN, 34TH STREET MAGAZINE, THE WEEKLY PENNSYLVANIAN, AND THEDP.COM. 255897 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 52 1 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 ERIC JACOBS GENERAL MANAGER 2154224640 4015 WALNUT STREET PHILADELPHIA PA 191046198 ERIC JACOBS GENERAL MANAGER / TREASURER 40.00 X X 104915 0 18234 MATT MANTICA PRESIDENT - FALL 2015 30.00 X X 800 0 0 MEGAN YAN VICE PRESIDENT - FALL 2015 30.00 X X 800 0 0 COLIN HENDERSON PRESIDENT - SPRING 2016 30.00 X X 0 0 0 EMMA HARVEY VICE PRESIDENT - SPRING 2016 30.00 X X 0 0 0 JILL CASTELLANO SECRETARY - FALL 2015 30.00 X X 800 0 0 LAUREN FEINER SECRETARY - SPRING 2016 30.00 X X 0 0 0 ALEXANDRA STERLICHT DIRECTOR - FALL 2015 20.00 X 700 0 0 CARTER COUDRIET DIRECTOR - SPRING 2016 20.00 X 0 0 0 STEVEN TYDINGS DIRECTOR - FALL 2015 20.00 X 450 0 0 MATTHEW KELEMEN DIRECTOR - SPRING 2016 20.00 X 0 0 0 MICHAEL SILVER 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 JEAN CHATZKY DIRECTOR - FALL 2015 2.00 X 0 0 0 REBECCA KAPLAN DIRECTOR - SPRING 2016 2.00 X 0 0 0 108465 0 18234 1 0 0 0 0 68549 68549 ADVERTISING REVENUES 900099 609889 609889 GRAPHICS, ETC. 900099 66450 66450 676339 64258 64258 135000 88490 46510 46510 46510 MISCELLANEOUS 900099 103 103 103 855759 676339 0 110871 23925 23925 133096 5271 127825 175045 8052 166993 4832 4832 8643 8643 22231 1699 20532 11411 11411 750 750 5599 5599 244569 205184 39385 24278 24278 72628 72628 6398 204 6194 16824 16824 20334 10769 9565 18533 18533 AWARDS 2127 2127 NEWS REPORTING EXPENSE 793 793 3303 3303 795319 255897 539422 0 37865 98271 19346 23163 37503 34265 668376 608601 37306 59775 3057193 2975004 3189213 3190478 15411 17264 36817 33730 52228 50994 X 3002561 2967694 134424 171790 3136985 3139484 3189213 3190478 60440 -57941 0 X 0 1 X 1 0 X 20478 33294 36271 39399 68549 197991 790819 714789 763713 718043 676339 3663703 811297 748083 799984 757442 744888 3861694 0 0 0 3861694 71839 77204 58629 63777 64258 335707 71839 77204 58629 63777 64258 335707 150 103 253 883136 825287 858613 821369 809249 4197654 0.92000 0.92270 0.08000 0.07730 X 2876012 11870 47185 66998 2868069 2881197 9655 127434 142274 2876012 2625434 28363 443612 216212 2881197 2347405 8286 279143 9400 2625434 2243155 10082 104337 10169 2347405 1.00000 0 0 213416 213416 0 454960 395185 59775 59775 X 797818 -57941 -57941 855759 0 855759 795319 0 795319 0 795319 PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2013-2015) OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S 2016 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. 1 SCHOLARSHIPS 12 23925 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. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS ANNUALLY PRESENTED TO THE BOARD MEMEBERS 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.