2017-05-15T15:11:41-05:00 2016-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 191037341 990 2015-07-01 231639911 THE UNIVERSITY OF THE ARTS UNIV 2157176000 320 SOUTH BROAD STREET PHILADELPHIA PA 19102 STEPHEN J LIGHTCAP EDD VP OF FINANCE & ADMINISTRATION 2157176000 2017-05-12 1 JULIUS C GREEN CPA P00350393 2159720701 2015 2021-01-29 14:40:06Z DAVID YAGER 320 SOUTH BROAD STREET PHILADELPHIA PA 19102 106521856 0 X WWW.UARTS.EDU X 1876 PA INSPIRING, EDUCATING & PREPARING INNOVATIVE ARTISTS AND CREATIVE LEADERS FOR THE 21ST CENTURY ARTS. 28 25 1726 152 -3098 -3098 13858218 16506521 79489563 81034570 7452716 2627650 1187527 1750086 101988024 101918827 36363213 40762466 0 0 35692045 34775484 0 0 1017685 26481512 27637703 98536770 103175653 3451254 -1256826 146095180 136629969 64016097 60156353 82079083 76473616 THE ARTS HAVE THE POWER TO TRANSFORM SOCIETY. THEY PLAY AN ESSENTIAL ROLE IN ENSURING AND ENHANCING THE QUALITY OF LIFE. THE UNIVERSITY OF THE ARTS IS COMMITTED TO INSPIRING, EDUCATING AND PREPARING INNOVATIVE ARTISTS AND CREATIVE LEADERS FOR THE ARTS OF THE 21ST CENTURY. 0 0 51440853 29997394 72273683 INSTRUCTION - EXPENSES INCURRED IN PROVIDING ACADEMIC INSTRUCTION THROUGH OUR INNOVATIVE CURRICULA TO OUR 1,900 STUDENTS, WHO ARE ENROLLED IN 41 UNDERGRADUATE AND GRADUATE PROGRAMS THROUGH OUR SCHOOL OF ART, SCHOOL OF DESIGN AND SCHOOL OF FILM IN THE COLLEGE OF ART, MEDIA & DESIGN; THE SCHOOL OF DANCE, THE IRA BRIND SCHOOL OF THEATER ARTS AND THE SCHOOL OF MUSIC IN THE COLLEGE OF PERFORMING ARTS; AND THE DIVISION OF LIBERAL ARTS; AND 2,570 STUDENTS SERVED ANNUALLY BY OUR DIVISION OF CONTINUING STUDIES. 18255354 10765072 0 ACADEMIC SUPPORT - COSTS INCURRED WITH THE MAINTENANCE OF PROGRAMS AND ACTIVITIES FOR FACULTY AND STUDENTS, INCLUDING ACADEMIC ADVISING, OUR SEVEN PROFESSIONAL PERFORMANCE VENUES, 12 ART GALLERIES, UNIVERSITY LIBRARIES SYSTEM, A WIDE RANGE OF ART- AND CRAFT-RELATED STUDIOS AND WORKSHOPS, AND TECHNOLOGICAL RESOURCES AND SUPPORT. 6245719 0 8821059 STUDENT SERVICES - COSTS INCURRED WITH THE MAINTENANCE OF PROGRAMS THAT SUPPORT OUR STUDENT BODY, INCLUDING DINING SERVICES, RESIDENTIAL FACILITIES, MEDICAL SERVICES, MENTAL HEALTH COUNSELING, STUDENT CLUBS AND ORGANIZATIONS, SPORTS AND RECREATION, LEADERSHIP TRAINING, CAREER COUNSELING, AND ACCESSIBILITY SERVICES FOR STUDENTS WITH DISABILITIES. 75941926 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 1 476 0 1 1726 1 1 1 0 0 0 0 1 1 0 0 0 0 X 28 25 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 PA X STEPHEN J LIGHTCAP EDD VP FINANCE & ADMINISTRATION 2157176180 320 SOUTH BROAD STREET PHILADELPHIA PA 191024901 JEFFREY A LUTSKY CHAIRMAN 1.00 X X 0 0 0 SCOTT M JENKINS VICE CHAIRMAN/TREASURER 1.00 X X 0 0 0 WILLIAM R GAST SECRETARY 1.00 X X 0 0 0 SEAN BUFFINGTON PRESIDENT & CEO (TERM 1/15) 40.00 X X 51623 0 3835 KIRK PILLOW INTERIM PRESIDENT (1/15 TO 7/15) 40.00 X X 148477 0 13942 STEPHEN TARANTAL INTERIM PRESIDENT & PROVOST 40.00 X X 107104 0 9507 RONALD J NAPLES TRUSTEE 1.00 X 0 0 0 HOWARD BELK TRUSTEE 1.00 X 0 0 0 ELEANOR L DAVIS TRUSTEE 1.00 X 0 0 0 DEANNA DECHERNEY TRUSTEE 1.00 X 0 0 0 GAIL KASS TRUSTEE 1.00 X 0 0 0 ALAN I RUBIN TRUSTEE 1.00 X 0 0 0 ELAINE C LEVITT TRUSTEE 1.00 X 0 0 0 KAREN LOTMAN TRUSTEE 1.00 X 0 0 0 SEYMOUR G MANDELL TRUSTEE 1.00 X 0 0 0 DR NOEL MAYO TRUSTEE 1.00 X 0 0 0 THOMAS M MILES TRUSTEE 1.00 X 0 0 0 ADOLF A PAIER TRUSTEE 1.00 X 0 0 0 LAWRENCE S REICHLIN TRUSTEE 1.00 X 0 0 0 JAMES P VESEY TRUSTEE 1.00 X 0 0 0 HARRIET G WEISS TRUSTEE 1.00 X 0 0 0 LAURIE WAGMAN TRUSTEE 1.00 X 0 0 0 DORRANCE H HAMILTON LIFE TRUSTEE 1.00 X 0 0 0 SAM S MCKEEL LIFE TRUSTEE 1.00 X 0 0 0 BRIAN EFFRON TRUSTEE 1.00 X 0 0 0 STEPHEN S SYPHERD TRUSTEE 1.00 X 0 0 0 ERIC FELIX TRUSTEE 1.00 X 0 0 0 AMY HOPE GOLDMAN TRUSTEE 1.00 X 0 0 0 NATHANIEL HAMILTON JR TRUSTEE 1.00 X 0 0 0 BRUCE KARDON TRUSTEE 1.00 X 0 0 0 STEPHEN LIGHTCAP EDD VP OF FINANCE & ADMINISTRATION 40.00 X 193976 0 28669 DAVID YAGER CURRENT PRESIDENT & CEO(BEG. 1/16) 40.00 X 0 0 0 PAULA MARINCOLA EXECUTIVE DIRECTOR 40.00 X 234977 0 26751 THOMAS CARNWATH VP OF TECHNOLOGY & INFO SERVICES 40.00 X 151033 0 21733 MARC DICCIANI COLLEGE OF PERFORMING ARTS DEAN 40.00 X 155679 0 10620 RICHARD LONGO VP OF ENROLLMENT 40.00 X 154440 0 24621 MARK CAMPBELL COLL. ART, MEDIA & DESIGN DEAN 40.00 X 142178 0 16363 MELISSA FRANKLIN DIRECTOR 40.00 X 141856 0 26951 WILLIAM ADAIR DIRECTOR 40.00 X 136071 0 18993 JOSEPHINE BURRI VP FOR ADVANCEMENT 40.00 X 135968 0 25097 JAMES SAVOIE DEAN OF GRADUATE STUDIES 40.00 X 135605 0 48371 1888987 0 275453 26 0 1 0 PARKHURST DINING SERVICES PO BOX 644091 PITTSBURGH PA 152644091 FOOD SERVICES 2941552 ARAMARK SERVICES INC ARAMARK CHICAGO LOCKBOX CHICAGO IL 606731273 MAINTENANCE 2926580 ALLIEDBARTON SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 191828854 SECURITY SERVICES 1800847 CRW GRAPHICS 9100 PENNSAUKEN HWY PENNSAUKEN NJ 08110 PRINTING SERVICES 240597 METRO COMMERCIAL REALTY 123 S BROAD ST STE 1835 PHILADELPHIA PA 19109 REAL ESTATE BROKER 228565 15 285974 632193 15588354 262931 16506521 STUDENT TUITION & FEES 611310 72045435 72045435 RESIDENCE HALLS 611310 5641108 5641108 DINING SERVICES 900099 3119779 3119779 STUDY ABROAD 900099 228248 228248 81034570 1055534 -3098 1058632 1112825 385512 727313 727313 727313 5559400 3987284 1572116 1572116 1572116 101033 285974 80178 20855 20855 210227 150055 60172 60172 PEW/PEI OVERHEAD 900099 193375 193375 WP REAL ESTATE FUND 900099 154392 154392 LATE PAYMENT FEES 900099 114797 114797 479182 479182 941746 101918827 81094742 -3098 4320662 9213278 9213278 31344566 31344566 204622 204622 1535953 269823 1043221 222909 26469901 22116105 3916247 437549 1158979 884159 241656 33164 3629716 2871053 677948 80715 1980935 1511211 413040 56684 135109 135109 146376 52997 93379 10063625 1197659 8769853 96113 263560 245120 18440 2517103 2081090 401947 34066 1111020 281884 829136 1894593 311629 1582964 1205638 1001730 192362 11546 135270 104758 26539 3973 2206488 2206488 4693419 10543 4682876 507655 4104 503551 HONORARIA 550317 472517 77800 SPECIAL EVENTS 515961 416351 72377 27233 ALL OTHER EXPENSES 471490 447044 10713 13733 R.A. HOUSING 406911 406911 813168 492772 320396 103175653 75941926 26216042 1017685 207088 688536 11988485 9583547 573840 294777 731922 634824 1622587 1926577 170661705 99466155 74374221 71195550 37921914 35416671 15512736 13810443 2128636 1990307 1033751 1088737 146095180 136629969 5112925 4499818 9278904 7902881 37475000 36255000 9066654 8536199 3082614 2962455 64016097 60156353 X 25555996 23966491 16789278 12678878 39733809 39828247 82079083 76473616 146095180 136629969 -1256826 -4348641 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 53149721 307861 -1744156 2437657 49275769 54060441 375877 1305262 2591859 53149721 48309646 212619 7687373 2149197 54060441 44638355 154902 6204816 2688427 48309646 47325868 143322 -941766 1889069 44638355 0.02320 0.80830 0.16850 0 0 5579855 5579855 126575448 65568926 61006522 38506402 33897229 4609173 71195550 ALTERNATIVE INVESTMENTS 11596850 F FUNDS HELD IN TRUST 2213593 F 13810443 GOVERNMENT ADVANCES 1932014 CAPITAL LEASE OBLIGATIONS 18335 CONDITIONAL ASSET RETIREMENT OBLIGATIONS 1012106 2962455 X 68188537 -4348641 -29997394 -34346035 102534572 -615745 -615745 101918827 73794004 615745 615745 73178259 29997394 29997394 103175653 PART III, LINE 4: THE UNIVERSITY DOES NOT RECORD ITS COLLECTION IN THE FINANCIAL STATEMENTS. THE UNIVERSITY OWNS NUMEROUS PIECES OF FINE ART, MAINLY FROM PROMINENT ALUMNAE AND FACULTY. THE UNIVERSITY HAS MADE A COMMITMENT TO PRESERVE THE ARCHIVES AND USES THEM AS A RESOURCE FOR STUDENTS AT THE COLLEGE. PART V, LINE 4: THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE FOR UNIVERSITY STUDENTS' AWARDS AND SCHOLARSHIPS TO HELP OFFSET THE COST OF TUITION. PART X, LINE 2: THE UNIVERSITY FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE, AS IT RELATES TO UNCERTAIN TAX POSITIONS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL AND STATE INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF A RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS -29,997,394. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -150,055. RENTAL EXPENSES -385,512. FUNDRAISING EXPENSES -80,178. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 150,055. RENTAL EXPENSES 385,512. FUNDRAISING EXPENSES 80,178. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS 29,997,394. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S RACIAL NONDISCRIMINATION POLICY IS INCLUDED ON THE APPLICATION FOR ADMISSION, AND IN OTHER IMPORTANT OFFICIAL UNIVERSITY PUBLICATIONS, MOST IMPORTANTLY THE UNIVERSITY COURSE CATALOG. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FEDERAL AND STATE FUNDING, INCLUDING, BUT NOT LIMITED TO, PELL GRANTS, SEOG GRANTS, FAMILY EDUCATION LOANS, AND WORK-STUDY PROGRAM. 0 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 8654008 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES EDUCATIONAL-STUDY ABROAD 199015 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES EDUCATIONAL-STUDY ABROAD 23200 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES EDUCATIONA-STUDY ABROAD 56800 0 0 0 0 0 0 8933023 0 8933023 FINANCIAL AID EUROPE (INCLUDING ICELAND & GREENLAND) 12 167122 REDUCTION OF TUITION FINANCIAL AID RUSSIA AND NEIGHBORING STATES 1 6500 REDUCTION OF TUITION FINANCIAL AID MIDDLE EAST AND NORTH AFRICA 4 31000 REDUCTION OF TUITION 1 0 0 0 0 0 SCHEDULE F, PART IV, LINE 1: THE ORGANIZATION MADE TRANSFERS TO FOREIGN ENTITIES THROUGH ITS OWNERSHIP IN CERTAIN PARTNERSHIP INTERESTS, HOWEVER, NO TRANSFERS EXCEEDED THE THRESHOLD FOR REQUIRING THE FILING OF FORM 926. ART UNLEASHED 354888 253855 101033 47454 750 25939 EVAN SOLOT FUNDRAISER 32119 32119 3652 2383 387007 285974 101033 51106 750 28322 80178 20855 1 AL-BUSTAN SEEDS OF CULTURE 526 SOUTH 46TH STREET PHILADELPHIA PA 19143 030502955 501 (C)(3) 96000 ARTS AND CULTURAL PROJECTS ARCADIA UNIVERSITY ART GALLERY 450 S EASTON ROAD GLENSIDE PA 19038 231352620 501 (C)(3) 28783 ARTS AND CULTURAL PROJECTS ASIAN ARTS INITIATIVE 1219 VINE STREET PHILADELPHIA PA 19107 232827657 501 (C)(3) 183000 ARTS AND CULTURAL PROJECTS BERMAN MUSEUM OF ART AT URSINUS COLLEGE 601 E MAIN STREET COLLEGEVILLE PA 19426 231177930 501 (C)(3) 5000 ARTS AND CULTURAL PROJECTS BOWERBIRD 252 S SAINT BERNARD STREET PHILADELPHIA PA 19139 562629725 501 (C)(3) 72000 ARTS AND CULTURAL PROJECTS BRYN MAWR COLLEGE PERFORMING ARTS SERIES 101 N MERION AVE BRYN MAWR PA 19010 231352621 501 (C)(3) 164000 ARTS AND CULTURAL PROJECTS CLIVEDEN OF THE NATIONAL TRUST 6401 GERMANTOWN AVENUE PHILADELPHIA PA 19144 232232675 501 (C)(3) 290520 ARTS AND CULTURAL PROJECTS DATAARTS 400 MARKET STREET SUITE 600 PHILADELPHIA PA 19106 454844612 501 (C)(3) 500000 ARTS AND CULTURAL PROJECTS DREXEL UNIVERSITY 3201 ARCH STREET SUITE 420 PHILADELPHIA PA 19104 231352630 501 (C)(3) 126684 ARTS AND CULTURAL PROJECTS PLEASE TOUCH MUSEUM 4231 AVENUE OF THE REPUBLIC PHILADELPHIA PA 19131 232109376 501 (C)(3) 451320 ARTS AND CULTURAL PROJECTS EASTERN STATE PENITENTIARY 2027 FAIRMOUNT AVENUE PHILADELPHIA PA 19130 311627155 501 (C)(3) 165000 ARTS AND CULTURAL PROJECTS FABRIC WORKSHOP AND MUSEUM 1214 ARCH STREET PHILADELPHIA PA 19107 232018929 501 (C)(3) 165000 ARTS AND CULTURAL PROJECTS FREE LIBRARY OF PHILADELPHIA 1901 VINE STREETROOM 400 PHILADELPHIA PA 19103 521173474 501 (C)(3) 30000 ARTS AND CULTURAL PROJECTS FRIENDS OF LAUREL HILL CEMETERY 3822 RIDGE AVENUE PHILADELPHIA PA 19132 232082037 501 (C)(3) 72500 ARTS AND CULTURAL PROJECTS FUND FOR PHILADELPHIA INC ROOM 708CITY HALL PHILADELPHIA PA 19107 232174863 501 (C)(3) 32400 ARTS AND CULTURAL PROJECTS FUND FOR THE WATER WORKS 640 WATER WORKS DRIVE PHILADELPHIA PA 19130 911882472 501 (C)(3) 324000 ARTS AND CULTURAL PROJECTS HISTORIC GERMANTOWN PRESERVED 5501 GERMANTOWN AVENUE PHILADELPHIA PA 19144 232459676 501 (C)(3) 70740 ARTS AND CULTURAL PROJECTS HISTORICAL SOCIETY OF PENNSYLVANIA 1300 LOCUST STREET PHILADELPHIA PA 19107 231352322 501 (C)(3) 126280 ARTS AND CULTURAL PROJECTS INDEPENDENCE VISITOR CENTER ONE NORTH INDEPENDENCE MALL WEST PHILADELPHIA PA 19106 232952488 501 (C)(3) 324000 ARTS AND CULTURAL PROJECTS INSTITUTE OF CONTEMPORARY ART PHILLY 118 S 36TH STREET PHILADELPHIA PA 19104 231352685 501 (C)(3) 299516 ARTS AND CULTURAL PROJECTS JAMES A MICHENER ART MUSEUM 138 S PINE STREET DOYLESTOWN PA 18901 232471583 501 (C)(3) 162000 ARTS AND CULTURAL PROJECTS JOHNSON HOUSE HISTORIC SITE 6306 GERMANTOWN AVE PHILADELPHIA PA 19144 232860359 501 (C)(3) 32500 ARTS AND CULTURAL PROJECTS KIMMEL CENTER INC 1500 WALNUT STREET17TH FLOOR PHILADELPHIA PA 19102 232865855 501 (C)(3) 121824 ARTS AND CULTURAL PROJECTS LIBRARY COMPANY OF PHILADELPHIA 1314 LOCUST STREET PHILADELPHIA PA 19107 231370444 501 (C)(3) 82885 ARTS AND CULTURAL PROJECTS MANN CENTER FOR THE PERFORMING ARTS 123 S BROAD STREETSUITE 815 PHILADELPHIA PA 19109 231473884 501 (C)(3) 324000 ARTS AND CULTURAL PROJECTS MENDELSSOHN CLUB 100 N 20TH STREETSUITE 302 PHILADELPHIA PA 19103 237121950 501 (C)(3) 24000 ARTS AND CULTURAL PROJECTS NEW PARADISE LABORATORIES 1325 N RANDOLPH STREETSUITE B PHILADELPHIA PA 19122 233023941 501 (C)(3) 72000 ARTS AND CULTURAL PROJECTS OPERA COMPANY OF PHILADELPHIA 1420 LOCUST STREETSUITE 210 PHILADELPHIA PA 19102 231504706 501 (C)(3) 165000 ARTS AND CULTURAL PROJECTS PAINTED BRIDE ART CENTER 230 VINE STREET PHILADELPHIA PA 19106 231946391 501 (C)(3) 196790 ARTS AND CULTURAL PROJECTS PENN HORTICULTURAL SOCIETY 100 N 20TH STREET5TH FLOOR PHILADELPHIA PA 19103 231352265 501 (C)(3) 320328 ARTS AND CULTURAL PROJECTS PENNSYLVANIA HUMANITIES COUNCIL 325 CHESTNUT STREETSUITE 715 PHILADELPHIA PA 19106 232007911 501 (C)(3) 6000 ARTS AND CULTURAL PROJECTS PEOPLE'S LIGHT & THEATRE CO 39 CONESTOGA ROAD MALVERN PA 19355 237313407 501 (C)(3) 367000 ARTS AND CULTURAL PROJECTS PHILADELPHIA CHAMBER MUSIC SOCIETY 1528 WALNUT STREETSUITE 301 PHILADELPHIA PA 19102 223059283 501 (C)(3) 113238 ARTS AND CULTURAL PROJECTS PHILADELPHIA CULTURAL ALLIANCE 1315 WALNUT STREETSUITE 732 PHILADELPHIA PA 19107 231885448 501 (C)(3) 24000 ARTS AND CULTURAL PROJECTS PHILADELPHIA FOLKLORE PROJECT 735 S 50TH STREET PHILADELPHIA PA 19143 232568080 501 (C)(3) 110000 ARTS AND CULTURAL PROJECTS PHILADELPHIA FRINGEARTS 140 N COLUMBUS BLVD PHILADELPHIA PA 19106 232936188 501 (C)(3) 290000 ARTS AND CULTURAL PROJECTS PHILADELPHIA MURAL ARTS ADVOCATES 1729 MT VERNON STREET PHILADELPHIA PA 19130 232876470 501 (C)(3) 269973 ARTS AND CULTURAL PROJECTS PHILADELPHIA MUSEUM OF ART PO BOX 7646 PHILADELPHIA PA 19101 231365388 501 (C)(3) 135500 ARTS AND CULTURAL PROJECTS PHILADELPHIA PHOTO ARTS CENTER 1400 N AMERICAN STREET103 PHILADELPHIA PA 19122 263413554 501 (C)(3) 307800 ARTS AND CULTURAL PROJECTS PHILADELPHIA YEARLY MEETING 1515 CHERRY STREET PHILADELPHIA PA 19102 731646786 501 (C)(3) 64800 ARTS AND CULTURAL PROJECTS PIFFARO THE RENAISSANCE BAND 2238 FAIRMOUNT AVENUE PHILADELPHIA PA 19130 222646180 501 (C)(3) 81000 ARTS AND CULTURAL PROJECTS PRISM QUARTET INC 257 W HARVEY STREET PHILADELPHIA PA 19144 264210673 501 (C)(3) 149000 ARTS AND CULTURAL PROJECTS RAIR INC 7333 MILNOR STREET PHILADELPHIA PA 19136 272857282 501 (C)(3) 64800 ARTS AND CULTURAL PROJECTS ROSENBACH MUSEUM AND LIBRARY 2008-2010 DELANCEY PLACE PHILADELPHIA PA 19103 231425055 501 (C)(3) 162000 ARTS AND CULTURAL PROJECTS SCRIBE VIDEO CENTER INC 4212 CHESTNUT STREET3RD FLOOR PHILADELPHIA PA 19104 232358942 501 (C)(3) 146667 ARTS AND CULTURAL PROJECTS SRUTI 1783 TALBOT RD BLUE BELL PA 19422 232454367 501 (C)(3) 64800 ARTS AND CULTURAL PROJECTS SWARTHMORE COLLEGE 500 COLLEGE AVENUE SWARTHMORE PA 19081 231352683 501 (C)(3) 328080 ARTS AND CULTURAL PROJECTS TEMPESTA DI MARE 1034 CARPENTER STREET PHILADELPHIA PA 19147 233013869 501 (C)(3) 24000 ARTS AND CULTURAL PROJECTS TEMPLE UNIVERSITY 2001 NORTH 13TH STREET PHILADELPHIA PA 19122 231365971 501 (C)(3) 330216 ARTS AND CULTURAL PROJECTS THE CROSSING 8855 GERMANTOWN PHILADELPHIA PA 19118 205646257 501 (C)(3) 94000 ARTS AND CULTURAL PROJECTS THE FRANKLIN INSTITUTE 222 NORTH 20TH STREET PHILADELPHIA PA 19103 231370501 501 (C)(3) 250000 ARTS AND CULTURAL PROJECTS THE GALLERIES AT MOORE COLLEGE OF ART & 20TH STREET AND THE PARKWAY PHILADELPHIA PA 19103 231352236 501 (C)(3) 93333 ARTS AND CULTURAL PROJECTS THE WOODLANDS 4000 WOODLAND AVE PHILADELPHIA PA 19104 311609803 501 (C)(3) 64800 ARTS AND CULTURAL PROJECTS TRUSTEES OF THE UNIVERSITY OF PENNSYLVAN OFFICE OF RESEARCH SERVICES3451 WALNUT STREET-P221 FRANKLIN BLDG PHILADELPHIA PA 19104 231352685 501 (C)(3) 168840 ARTS AND CULTURAL PROJECTS UNIVERSITY OF PENN- INSTITUTE URBAN RESE PENN INS FOR URBAN RESRCH MEYERSON HALLG-12210 SOUTH 34TH STREET PHILADELPHIA PA 19104 231352685 501 (C)(3) 6000 ARTS AND CULTURAL PROJECTS UNIVERSITY OF PENN-WXPN 3025 WALNUT STREET PHILADELPHIA PA 19104 231352685 501 (C)(3) 36000 ARTS AND CULTURAL PROJECTS UNIVERSITY OF THE ARTS 320 SOUTH BROAD PHILADELPHIA PA 19102 231639911 501 (C)(3) 5990 ARTS AND CULTURAL PROJECTS VILLAGE OF ARTS & HUMANITIES 2544 GERMANTOWN AVENUE PHILADELPHIA PA 19113 223045318 501 (C)(3) 198000 ARTS AND CULTURAL PROJECTS VOX POPULI 319 N 11TH STREET3RD FLOOR PHILADELPHIA PA 19107 232912413 501 (C)(3) 21540 ARTS AND CULTURAL PROJECTS WAGNER FREE INSTITUTE OF SCIENCE 1700 W MONTGOMERY AVENUE PHILADELPHIA PA 19121 231370509 501 (C)(3) 25000 ARTS AND CULTURAL PROJECTS WOODMERE MUSEUM OF ART 201 GERMANTOWN AVE PHILADELPHIA PA 19118 231381459 501 (C)(3) 15000 ARTS AND CULTURAL PROJECTS ZOOLOGICAL SOCIETY OF PHILADELPHIA 3400 WEST GIRARD AVE PHILADELPHIA PA 19104 231352298 501 (C)(3) 150000 ARTS AND CULTURAL PROJECTS 62 0 SCHOLARSHIP 185 1301641 FINANCIAL AID 1901 28491131 GRANTS TO INDIVIDUALS 49 1551794 PART I, LINE 2: DISBURSEMENTS TO STUDENTS RECEIVING SCHOLARSHIPS & FINANCIAL AID ARE MADE IN ACCORDANCE WITH INSTITUTIONAL PROCEDURES TO ENSURE THAT THOSE RECEIVING AID ARE QUALIFYING RECIPIENTS. FEDERAL FINANCIAL AID AND/OR ASSISTANCE FROM GOVERNMENTAL AGENCIES IS DISTRIBUTED & MONITORED IN ACCORDANCE WITH FEDERALLY APPROVED NEED ANALYSIS CRITERIA OR OTHER AGENCY PROVIDED CRITERIA. THE USE OF GRANT FUNDS TO INDIVIDUALS ARE MONITORED THROUGH UNIQUE GENERAL LEDGER ACCOUNTS FOR EACH GRANT. EXPENDITURES FOR EACH GRANT ARE REVIEWED AND ANALYZED USING AD-HOC REPORTS TO ENSURE COMPLIANCE. GRANTS TO OTHER ORGANIZATIONS ARE ADJUDICATED BY A PANEL OF NATIONAL EXPERTS USING THE FOLLOWING CRITERIA TO EVALUATE GRANT APPLICATIONS: EXCELLENCE, ABILITY TO IMPLEMENT PROJECT, AND PROJECT IMPACT. THESE CRITERIA INSURE THAT THE FUNDING ALIGNS WITH THE GRANT-MAKING GOAL OF SUPPORTING THE PHILADELPHIA REGION'S MOST TALENTED ARTISTS AND HIGH-PERFORMING CULTURAL ORGANIZATIONS. THE USE OF GRANT FUNDS TO ORGANIZATIONS ARE MONITORED THROUGH UNIQUE GENERAL LEDGER ACCOUNTS FOR EACH GRANT. EXPENDITURES FOR EACH GRANT ACCOUNT ARE REVIEWED AND ANALYZED USING AD-HOC REPORTS TO ENSURE COMPLIANCE. X 1 1 X X X 0 0 0 0 0 0 0 0 0 KIRK PILLOW INTERIM PRESIDENT (1/15 TO 7/15) 148477 0 0 0 0 0 10028 0 3914 0 162419 0 0 0 STEPHEN LIGHTCAP EDD VP OF FINANCE & ADMINISTRATION 193976 0 0 0 0 0 14134 0 14535 0 222645 0 0 0 PAULA MARINCOLA EXECUTIVE DIRECTOR 234977 0 0 0 0 0 20089 0 6662 0 261728 0 0 0 THOMAS CARNWATH VP OF TECHNOLOGY & INFO SERVICES 151033 0 0 0 0 0 10646 0 11087 0 172766 0 0 0 MARC DICCIANI COLLEGE OF PERFORMING ARTS DEAN 155679 0 0 0 0 0 9990 0 630 0 166299 0 0 0 RICHARD LONGO VP OF ENROLLMENT 154440 0 0 0 0 0 9281 0 15340 0 179061 0 0 0 MARK CAMPBELL COLL. ART, MEDIA & DESIGN DEAN 142178 0 0 0 0 0 9787 0 6576 0 158541 0 0 0 MELISSA FRANKLIN DIRECTOR 141856 0 0 0 0 0 13165 0 13786 0 168807 0 0 0 WILLIAM ADAIR DIRECTOR 136071 0 0 0 0 0 12489 0 6504 0 155064 0 0 0 JOSEPHINE BURRI VP FOR ADVANCEMENT 135968 0 0 0 0 0 10125 0 14972 0 161065 0 0 0 JAMES SAVOIE DEAN OF GRADUATE STUDIES 135605 0 0 0 0 0 8634 0 39737 0 183976 0 0 0 PART I, LINE 1A AS A CONDITION OF EMPLOYMENT, THE PRESIDENT OF THE UNIVERSITY IS PROVIDED A HOUSING ALLOWANCE AS PART OF HIS COMPENSATION PACKAGE. THE ALLOWANCE IS INCLUDED IN TAXABLE INCOME. A PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 70917PGP9 2006-04-19 18367163 BUILDING IMPROVEMENTS, EQUIPMENT AND REFINANCING. 0 0 0 B PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 300598934 2015-07-28 6570000 REFINANCING OF PRIOR BOND ISSUE 0 0 0 A 4102936 19832936 4084023 11756099 899438 5521689 2567 2009 1 0 1 1 B 6570000 118700 121300 6330000 2015 1 0 1 1 A 0 1 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 1 0 1 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/31/2015 SCHEDULE K SUPPLENTAL INFORMATION DIFFERENCE IN ISSUE PRICE AND BOND PROCEEDS: THE AMOUNT REPORTED ON PART I, COLUMN (E) AS THE ISSUE PRICE IS $18,367,163, AND THE AMOUNT REPORTED ON PART II, LINE 3 AS THE TOTAL PROCEEDS OF THE ISSUE IS $19,832,936. THE DIFFERENCE OF $1,465,773 IS DUE TO A RELEASE FROM THE DEBT SERVICE RESERVE FUND OF PRIOR ISSUES. PER IRS INSTRUCTIONS EMPLOYEE NAME PER IRS INSTRUCTIONS, EMPLOYEE NAMES WILL NOT BE REPORTED. 64747 EMPLOYEE TUITION TUITION REMISSION BENEFIT HARRIET G WEISS TRUSTEE 240995 AS A RESULT OF AN ONGOING COMPETITIVE BIDDING PROCESS FOR INDIVIDUAL PROJECTS, THE UNIVERSITY PURCHASES SOME PRINTING SERVICES FROM CRW GRAPHICS, WHICH IS OWNED BY THIS TRUSTEE. THE UNIVERSITY MAINTAINS A CONFLICT OF INTEREST POLICY AND ALL TRANSACTIONS WITH INTERESTED PERSONS ARE CONDUCTED AT ARM'S LENGTH. 0 X 0 BOOKS/PUBS NOT RECORDED X 7 262931 NYSE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF DONORS ON LINE 9. PART I, LINE 33: THE UNIVERSITY RECEIVED CONTRIBUTIONS OF 1,118 BOOKS AND PUBLICATIONS. THE UNIVERSITY DOES NOT RECORD THE VALUE OF SUCH CONTRIBUTIONS IN ITS ACCOUNTING RECORDS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBERS HAVE A BUSINESS RELATIONSHIP: RON NAPLES AND SCOTT JENKINS SCOTT JENKINS AND ELEANOR DAVIS GAIL KASS AND ELEANOR DAVIS FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION RECOGNIZES THE IMPORTANCE OF DOCUMENTING ALL MEETINGS AND STRESSES THE PRACTICE WITH ALL COMMITTEE MEMBERS. WHILE MOST COMMITTEES DO DOCUMENT THEIR MEETINGS, THE PRACTICE IS NOT COMPLETELY UNANIMOUS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY AN EXTERNAL INDEPENDENT TAX ADVISOR PRIOR TO SUBMISSION TO THE BOARD OF TRUSTEES. THE BOARD'S GOVERNANCE COMMITTEE DESIGNATED THAT THE AUDIT COMMITTEE REVIEW THE FORM 990 PRIOR TO IT BEING SHARED WITH THE BOARD AND THEN FILED. THE FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE AND THEN SHARED WITH THE BOARD OF TRUSTEES BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY ANNUALLY REQUIRES OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES TO SUBMIT CONFLICT OF INTEREST STATEMENTS. THE VP FOR FINANCE AND ADMINISTRATION IS RESPONSIBLE FOR ENSURING COMPLIANCE WITH AND REVIEW OF ANNUAL CONFLICT OF INTEREST STATEMENTS. ANY CONFLICTS ARE REVIEWED AND RESOLVED BY THE BOARD'S GOVERNANCE COMMITTEE. THESE INDIVIDUALS ARE ALSO REQUIRED TO REPORT CONFLICTS AS THEY ARISE THROUGHOUT THE YEAR. IF AN INDIVIDUAL HAS A CONFLICT OF INTEREST, HE/SHE IS REQUIRED TO ABSTAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD'S EXECUTIVE COMMITTEE REVIEWS AND APPROVES SALARIES FOR ALL OFFICERS. THIS COMMITTEE IS COMPRISED OF INDEPENDENT PERSONS. THE ORGANIZATION USES A SALARY SURVEY/STUDY OF COMPARABLE ORGANIZATIONS TO AID IN DETERMINING THE REASONABLENESS OF COMPENSATION. DECISIONS CONCERNING COMPENSATION ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. VIOLA FOULKE TRUST C/O BRYN MAWR TRUST CO 1 E CHOCOLAT HERSHEY PA 17033 236964516 TO PROVIDE SUPPORT TO THE UNIVERSITY OF THE ARTS PA 501(C)(3) PF N/A 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0