2014-03-13T17:01:00-05:00 2013-09-30 231386942 CAMPBELL RAPPOLD & YURASITS LLP 1033 S CEDAR CREST BLVD ALLENTOWN PA 181035443 990 2012-10-01 232655672 THE PENNSYLVANIA SHAKESPEARE FESTIVAL AT DE SALES UNIVERSITY PENN 6102829455 2755 STATION AVENUE CENTER VALLEY PA 18034 PATRICK MULCAHY 6102829455 2014-03-09 JAMES F BOVA CPA P00102172 6104357489 2014-03-07 2012 2015-11-30 17:44:51Z PATRICK MULCAHY 2755 STATION AVENUE CENTER VALLEY PA 18034 2072947 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 A HALF MILLION PATRONS FROM 43 STATES SINCE 1992. 30 25 115 178 0 0 543567 859028 817405 819050 28383 261517 -996 23207 1388359 1962802 0 0 0 0 983306 935658 0 0 66016 489631 493218 1472937 1428876 -84578 533926 2744724 3269154 71643 61288 2673081 3207866 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 A HALF MILLION PATRONS FROM 43 STATES SINCE 1992. 0 0 1201069 1039292 PROFESSIONAL NOT-FOR-PROFIT THEATRE COMPANY DEDICATED TO MAKING AVAILABLE THE PLAYS OF WILLIAM SHAKESPEARE, WORLD CLASSICS AND CHILDREN'S PRODUCTIONS FOR A REGIONAL AUDIENCE. 1201069 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 49 0 1 115 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 5.00 X X 0 0 0 JO-ANN S KELLY 5.00 X X 0 0 0 KATHLEEN KUND NOLAN 2.00 X X 0 0 0 LONA FARR PHD 2.00 X 0 0 0 PAUL DOMALAKES ESQ 2.00 X 0 0 0 CASEY W GALLAGHER 60.00 X 0 60276 12334 JOEL GILLEY 2.00 X 0 0 0 JUDITH A HARRIS ESQ 2.00 X 0 0 0 DR LINDA LAPOS 2.00 X 0 0 0 DR THOMAS LUBBEN 2.00 X 0 0 0 BEN MARCUNE 2.00 X 0 0 0 PATRICK MULCAHY 60.00 X X 0 118538 27900 WILLARD NEUERT 2.00 X 0 68644 12620 CHRISTINE PERRUCCI ESQ 2.00 X 0 0 0 DENNIS RAZZE 20.00 X 0 120171 24079 JUNE SCHLUETER PHD 2.00 X 0 0 0 GERALD J SCHUBERT OSFS 2.00 X 0 0 0 RONALD E SHEPPARD 2.00 X 0 0 0 DOUGLAS J SMILLIE 2.00 X 0 0 0 ROBERT SNYDER 2.00 X 0 171648 52460 PETER J KRAJSA 2.00 X 0 0 0 BARRY PELL 2.00 X 0 0 0 PATRICIA MULLIN 2.00 X 0 0 0 NOEL PANEBIANCO 2.00 X 0 0 0 GARY A EVANS 2.00 X 0 0 0 BLAKE MARLES ESQ 2.00 X 0 0 0 JOAN MILLER MORAN 2.00 X 0 0 0 DAVID B ROTHROCK 2.00 X 0 0 0 DR SUSAN SEFCIK 2.00 X 0 0 0 RUTH R SPIRA 2.00 X 0 0 0 0 539277 129393 0 0 1 0 0 82895 30148 745985 23551 859028 TICKET SALES 711190 815675 815675 ADVERTISING REVENUE 711300 3375 3375 819050 58626 58626 202891 0 202891 202891 202891 61740 82895 83443 -21703 -21703 35000 7441 27559 27559 27994 19261 8733 8733 OTHER INCOME 711190 8618 8618 8618 1962802 1039292 0 64482 76530 48718 17383 10429 693887 621245 71257 1385 108249 89558 4649 14042 56992 43488 4806 8698 9100 4550 4550 13295 13295 118663 118177 486 76078 48079 16396 11603 20233 18756 1380 97 8916 7449 1467 4215 4215 14059 14059 PRODUCTION COSTS 204290 204290 MISCELLANEOUS 14217 10274 3943 AUDITION EXPENSE 5426 4208 1218 EQUIPMENT RENTAL & MAIN 4155 4155 571 571 1428876 1201069 161791 66016 44244 20523 31482 131482 9589 246945 17211 44095 2913 2615 67859 53896 136379 126339 12993 10040 2558433 2759558 2744724 3269154 7265 3274 20362 20648 44016 37366 71643 61288 X -220068 -10513 33850 118587 2859299 3099792 2673081 3207866 2744724 3269154 533926 859 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 2601870 240493 262253 120350 2984266 2312634 65181 337205 113150 2601870 2067815 501000 -161081 95100 2312634 2028141 4960 131214 96500 2067815 1721873 504725 -120557 77900 2028141 0.01250 0.97430 0.01320 0 1 1 1934 1934 0 112886 102846 10040 21559 21559 0 10040 LONG TERM INVESTMENTS 2759558 F 2759558 DUE TO PARENT 37366 37366 X 2589237 859 606315 19261 626435 1962802 0 1962802 2054452 606315 19261 625576 1428876 0 1428876 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 19,261. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION ITEMS 19,261. 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 120271 82895 37376 23551 17074 1045 15181 STA CONFERENCE HOSTING 20904 20904 11459 7563 141175 82895 58280 23551 28533 1045 22744 75873 -17593 35000 2000 3818 1623 0 35000 2000 3818 1623 7441 27559 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 ROBERT SNYDER 0 171648 0 0 0 0 0 14590 0 37870 0 224108 0 0 X AUCTION ITEMS 121 23551 LESSER OF CONTRIBUTED FMV OR AUCTION PROCEEDS 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. AUDIT COMMITTEE PROCESS 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 37366 FAIR MARKET VALUE DESALES UNIVERSITY N 238190 FAIR MARKET VALUE DESALES UNIVERSITY O 278880 FAIR MARKET VALUE DESALES UNIVERSITY P 313610 FAIR MARKET VALUE DESALES UNIVERSITY C 80000 FAIR MARKET VALUE