2013-02-11T14:35:20-06:00 2012-09-30 231386942 CAMPBELL RAPPOLD & YURASITS LLP 1033 S CEDAR CREST BLVD ALLENTOWN PA 181035443 990 2011-10-01 232655672 THE PENNSYLVANIA SHAKESPEARE FESTIVAL AT DE SALES UNIVERSITY PENN 6102829455 2755 STATION AVENUE CENTER VALLEY PA 18034 PATRICK MULCAHY 6102829455 2013-02-05 JAMES F BOVA CPA P00102172 6104357489 2013-02-05 2011 2016-02-25 16:41:14Z PATRICK MULCAHY 2755 STATION AVENUE CENTER VALLEY PA 18034 1496501 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. 25 19 117 157 0 0 947437 543567 931331 817405 99819 28383 33997 -996 2012584 1388359 0 0 0 0 944607 983306 0 0 40331 540117 489631 1484724 1472937 527860 -84578 2474746 2744724 26067 71643 2448679 2673081 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 1273106 805070 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. 1273106 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 0 1 44 0 1 117 1 0 0 0 0 0 1 1 0 0 X 25 19 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 58578 11885 JOEL GILLEY 2.00 X 0 0 0 MARLENE LINNY FOWLER 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 114785 26980 WILL NEUERT 2.00 X 0 67002 12621 CHRISTINE PERRUCCI ESQ 2.00 X 0 0 0 DENNIS RAZZE 20.00 X 0 117279 23225 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 166314 53130 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 0.00 X 0 0 0 0 523958 127841 0 0 1 0 0 89273 33597 420697 27367 543567 TICKET SALES 711190 785277 785277 ADVERTISING REVENUE 711300 32128 32128 817405 52755 52755 24372 -24372 -24372 -24372 20751 89273 55901 -35150 -35150 30000 7883 22117 22117 29176 19986 9190 9190 OTHER INCOME 711190 2847 2847 2847 1388359 805070 0 39722 64583 38749 16146 9688 744172 677092 67080 117147 106140 387 10620 57404 47804 4513 5087 8800 4400 4400 1462 1462 100774 100774 84814 55874 19665 9275 32370 29711 2659 10703 10703 9103 9103 12719 12719 PRODUCTION COSTS 203803 203803 MISCELLANEOUS 11936 7991 3945 AUDITION EXPENSE 11431 8759 2672 RECOGNITION EXPENSE 1716 1716 1472937 1273106 159500 40331 32384 44244 72828 31482 54203 9589 8857 17211 2396 2913 63341 67859 177164 164171 18305 12993 2222432 2558433 2474746 2744724 2616 7265 18487 20362 3338 0 1626 44016 26067 71643 X -381439 -220068 36000 33850 2794118 2859299 2448679 2673081 2474746 2744724 X -84578 308980 X X 0 1 1 X 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 2312634 65181 337205 113150 2601870 2067815 501000 -161081 95100 2312634 2028141 4960 131214 96500 2067815 1721873 504725 -120557 77900 2028141 0.01300 0.97400 0.01300 0 1 1 1934 1934 0 112908 99915 12993 62322 62322 0 12993 LONG TERM INVESTMENTS 2558433 F 2558433 DUE TO PARENT 44016 44016 1388359 1472937 -84578 308980 308980 224402 2271731 308980 554406 19986 883372 1388359 0 1388359 2047329 554406 19986 574392 1472937 0 1472937 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: 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 XII, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION ITEMS 19,986. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF CONCESSION ITEMS 19,986. 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 109378 89273 20105 27367 11790 16744 109378 89273 20105 27367 11790 16744 55901 -35796 30000 2000 4500 1383 0 30000 2000 4500 1383 7883 22117 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 166314 0 0 0 0 0 13305 0 39825 0 219444 0 0 X AUCTION ITEMS 111 27367 FAIR MARKET VALUE 0 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 308,980. 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 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 DESALES UNIVERSITY E 44016 FAIR MARKET VALUE DESALES UNIVERSITY M 223205 FAIR MARKET VALUE DESALES UNIVERSITY N 251093 FAIR MARKET VALUE DESALES UNIVERSITY O 326964 FAIR MARKET VALUE