2015-03-23T12:20:58-05:00 2014-09-30 231386942 CAMPBELL RAPPOLD & YURASITS LLP 1033 S CEDAR CREST BLVD ALLENTOWN PA 181035443 990 2013-10-01 232655672 THE PENNSYLVANIA SHAKESPEARE FESTIVAL AT DE SALES UNIVERSITY PENN 6102829455 2755 STATION AVENUE CENTER VALLEY PA 18034 PATRICK MULCAHY PRODUCING ARTISTIC DIRECTOR 6102829455 2015-03-09 JAMES F BOVA CPA P00102172 6104357489 2015-03-09 2013 2016-04-25 22:37:26Z PATRICK MULCAHY 2755 STATION AVENUE CENTER VALLEY PA 18034 2688523 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. 30 25 106 190 0 0 859028 1283503 819050 948077 261517 325138 23207 11060 1962802 2567778 0 0 0 0 935658 985253 0 0 91754 493218 533257 1428876 1518510 533926 1049268 3269154 4204185 61288 33916 3207866 4170269 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 1263710 1235613 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. 1263710 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 43 0 1 106 1 0 0 0 0 0 1 1 0 0 X 30 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 62447 13679 JOEL GILLEY DIRECTOR 2.00 X 0 0 0 JUDITH A HARRIS ESQ DIRECTOR 2.00 X 0 0 0 PETER J KRAJSA 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 DR THOMAS LUBBEN 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 124708 31041 PATRICIA MULLIN DIRECTOR 2.00 X 0 0 0 WILLARD NEUERT DIRECTOR 2.00 X 0 70465 14009 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 124018 26691 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 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 179222 48564 RUTH R SPIRA DIRECTOR 2.00 X 0 0 0 4184 560860 133984 0 0 1 0 0 94290 26802 1162411 22905 1283503 TICKET SALES 711190 920053 920053 ADVERTISING REVENUE 711300 28024 28024 948077 61362 61362 263776 0 263776 263776 263776 52585 94290 91281 -38696 -38696 35000 9004 25996 25996 32505 20460 12045 12045 OTHER INCOME 711190 11715 11715 11715 2567778 1235613 0 48662 79298 50379 18074 10845 727394 611794 72658 42942 119103 103667 5415 10021 59458 46524 5425 7509 9400 4700 4700 1100 1100 124679 124659 20 80621 53291 16596 10734 27354 25253 1522 579 10629 9546 1083 3286 3286 16268 2772 13496 PRODUCTION COSTS 235474 235474 MISCELLANEOUS 14387 8689 5698 AUDITION EXPENSE 5197 5197 EQUIPMENT RENTAL & MAIN 3639 3639 1223 1223 1518510 1263710 163046 91754 20523 61824 131482 205639 246945 837766 44095 12740 2615 2026 53896 51963 125220 118466 10040 6754 2759558 3025473 3269154 4204185 3274 2566 20648 29096 37366 2254 61288 33916 X -10513 257095 118587 477402 3099792 3435772 3207866 4170269 3269154 4204185 1049268 -86865 0 X X 0 1 X 1 0 X X X 0 0 0 DESALES UNIVERSITY 231653718 2 1 1 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2984266 353480 238053 113845 3461954 2601870 240493 262253 120350 2984266 2312634 65181 337205 113150 2601870 2067815 501000 -161081 95100 2312634 2028141 4960 131214 96500 2067815 0.01670 0.97350 0.00980 0 1 1 114216 107462 6754 11004 11004 0 6754 LONG TERM INVESTMENTS 3025473 F 3025473 DUE TO PARENT 2254 2254 X 3117370 -86865 615997 20460 549592 2567778 0 2567778 2154967 615997 20460 636457 1518510 0 1518510 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 20,460. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION ITEMS 20,460. 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 133820 94290 39530 24957 7205 26686 690 12432 DINNER WITH DENNIS & DEB 13055 13055 17932 18 1469 146875 94290 52585 24957 7205 44618 708 13901 91389 -38804 35000 6000 3004 0 35000 6000 3004 9004 25996 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 124708 0 0 4184 0 0 11847 0 19194 4184 155749 0 0 DENNIS RAZZE ASSOC. ARTISTIC DIR. 0 124018 0 0 0 0 0 11782 0 14909 0 150709 0 0 ROBERT SNYDER DIRECTOR 0 179222 0 0 0 0 0 17026 0 31538 0 227786 0 0 X AUCTION ITEMS 110 22905 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 2254 FAIR MARKET VALUE DESALES UNIVERSITY N 238190 FAIR MARKET VALUE DESALES UNIVERSITY O 278880 FAIR MARKET VALUE DESALES UNIVERSITY P 295036 FAIR MARKET VALUE DESALES UNIVERSITY C 20000 FAIR MARKET VALUE