2016-09-12T13:10:29-05:00 2015-09-30 231386942 CAMPBELL RAPPOLD & YURASITS LLP 1033 S CEDAR CREST BLVD ALLENTOWN PA 181035443 990 2014-10-01 232655672 THE PENNSYLVANIA SHAKESPEARE FESTIVAL AT DE SALES UNIVERSITY PENN 6102829455 2755 STATION AVENUE CENTER VALLEY PA 18034 PATRICK MULCAHY PRODUCING ARTISTIC DIRECTOR 6102829455 2016-04-29 JAMES F BOVA CPA P00102172 6104357489 2016-04-29 2014 2017-02-10 21:41:12Z PATRICK MULCAHY 2755 STATION AVENUE CENTER VALLEY PA 18034 3151201 0 X WWW.PASHAKESPEARE.ORG X 1992 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 750,000 PATRONS FROM 50 STATES SINCE 1992. 31 25 120 190 0 0 1283503 1746199 948077 1147985 325138 146893 11060 6288 2567778 3047365 0 0 0 0 985253 1101784 0 0 54694 533257 653404 1518510 1755188 1049268 1292177 4204185 5246835 33916 53274 4170269 5193561 X 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 750,000 PATRONS FROM 50 STATES SINCE 1992. 0 0 1508623 1168150 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. 1508623 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 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 50 0 1 120 1 0 0 0 0 0 1 1 0 0 0 0 X 31 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X BUSINESS MANAGER 6102829455 2755 STATION AVENUE CENTER VALLEY PA 18034 JOHN RUSSO BOARD PRESIDENT 5.00 X X 0 0 0 JO-ANN S KELLY VICE PRESIDENT 5.00 X X 0 0 0 KATHLEEN KUND NOLAN SECRETARY 2.00 X X 0 0 0 PAUL DOMALAKES ESQ DIRECTOR 2.00 X 0 0 0 LONA FARR PHD DIRECTOR 2.00 X 0 0 0 LESLEY H FALLON DIRECTOR 2.00 X 0 0 0 CASEY W GALLAGHER MANAGING DIRECTOR 60.00 X 0 64121 7889 JOEL GILLEY DIRECTOR 2.00 X 0 0 0 JUDITH A HARRIS ESQ DIRECTOR 2.00 X 0 0 0 H LLOYD CARBAUGH DIRECTOR 2.00 X 0 0 0 BEVERLY KUHAR PRESIDENT, PSF GUILD 2.00 X 0 0 0 DR LINDA LAPOS DIRECTOR 2.00 X 0 0 0 KRISTINE B BURFEIND DIRECTOR 2.00 X 0 0 0 BLAKE MARLES ESQ DIRECTOR 2.00 X 0 0 0 JOAN MILLER MORAN DIRECTOR 2.00 X 0 0 0 PATRICK MULCAHY PROD. ARTISTIC DIR. 60.00 X X 4184 128258 44157 PATRICIA MULLIN DIRECTOR 2.00 X 0 0 0 WILLARD NEUERT DIRECTOR 2.00 X 0 71848 7444 GERALD D NOLL DIRECTOR 2.00 X 0 0 0 BARRY PELL DIRECTOR 2.00 X 0 0 0 CHRISTINE PERRUCCI ESQ DIRECTOR 2.00 X 0 0 0 DENNIS RAZZE ASSOC. ARTISTIC DIR. 20.00 X 0 127144 15178 DAVID B ROTHROCK DIRECTOR 2.00 X 0 0 0 JUNE SCHLUETER PHD DIRECTOR 2.00 X 0 0 0 GERALD J SCHUBERT OSFS DIRECTOR (DEC'D 12/6/15) 2.00 X 0 0 0 DR SUSAN SEFCIK DIRECTOR 2.00 X 0 0 0 RONALD E SHEPPARD DIRECTOR 2.00 X 0 0 0 DOUGLAS J SMILLIE DIRECTOR 2.00 X 0 0 0 ROBERT SNYDER DIRECTOR 2.00 X 0 184594 40755 RUTH R SPIRA DIRECTOR 2.00 X 0 0 0 KERRY A WORBEL DIRECTOR 2.00 X 0 0 0 4184 575965 115423 0 0 1 0 0 118775 27742 1599682 17337 1746199 TICKET SALES 711190 1111887 1111887 ADVERTISING REVENUE 711300 36098 36098 1147985 57335 57335 89558 0 89558 89558 89558 28172 118775 71856 -43684 -43684 39100 9293 29807 29807 33409 22687 10722 10722 OTHER INCOME 711190 9443 9443 9443 3047365 1168150 0 133016 81746 52248 18436 11062 818670 741943 76726 1 139352 121832 16809 711 62016 53722 7394 900 10085 5043 5042 2493 2493 110030 97190 12840 87802 52460 17877 17465 30118 28043 1883 192 12880 10335 2545 7958 7958 11941 2750 9191 PRODUCTION COSTS 344399 344399 MISCELLANEOUS 16336 10306 6030 AUDITION EXPENSE 8993 8993 DEVELOPMENT & RESEARCH 5442 5442 4927 4472 455 1755188 1508623 191871 54694 61824 211465 205639 301545 837766 1070897 12740 18341 2026 2806 51963 59369 170151 115559 6754 54592 3025473 3527820 4204185 5246835 2566 6684 29096 31900 2254 14690 33916 53274 X 257095 308036 477402 608635 3435772 4276890 4170269 5193561 4204185 5246835 1292177 -268885 0 X X 0 1 X 1 0 X 437437 543567 789028 1213503 1246199 4229734 963347 846581 847044 980582 1181394 4818948 56042 50751 96740 87585 67272 358390 1456826 1440899 1732812 2281670 2494865 9407072 0 0 0 9407072 49471 52755 58626 61362 57335 279549 49471 52755 58626 61362 57335 279549 4200 2847 8618 11715 9443 36823 1510497 1496501 1800056 2354747 2561643 9723444 0.96750 0.02870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3461954 876118 -122233 118400 4097439 2984266 353480 238053 113845 3461954 2601870 240493 262253 120350 2984266 2312634 65181 337205 113150 2601870 2067815 501000 -161081 95100 2312634 0.02160 0.96950 0.00890 0 1 1 1934 1934 0 128440 99744 28696 39777 13881 25896 54592 LONG TERM INVESTMENTS 3527820 F 3527820 DUE TO PARENT 14690 14690 X 3446551 -268885 645384 22687 399186 3047365 0 3047365 2423259 645384 22687 668071 1755188 0 1755188 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 22,687. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION ITEMS 22,687. 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 132475 118775 13700 3401 9381 23379 680 11654 DINNER WITH DENNIS & DEB 14472 14472 8078 15283 146947 118775 28172 3401 9381 31457 680 26937 71856 -43684 39100 7000 2293 0 39100 7000 2293 9293 29807 PA 1 0 1 0 1.00000 BUSINESS MANAGER 2755 STATION AVENUE CENTER VALLEY PA 18034 0 0 X X X 0 0 0 0 0 0 0 0 0 PATRICK MULCAHY PROD. ARTISTIC DIR. 0 128258 0 0 4184 0 0 0 0 44157 4184 172415 0 0 ROBERT SNYDER DIRECTOR 0 184594 0 0 0 0 0 0 0 40755 0 225349 0 0 X AUCTION ITEMS 110 17337 LESSER OF CONTRIBUTE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 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 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 DESALES UNIVERSITY E 14690 FAIR MARKET VALUE DESALES UNIVERSITY N 281190 FAIR MARKET VALUE DESALES UNIVERSITY O 306739 FAIR MARKET VALUE DESALES UNIVERSITY P 252307 FAIR MARKET VALUE DESALES UNIVERSITY C 500000 FAIR MARKET VALUE