2024-05-13T12:16:49-05:00 2023-06-30 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2022-07-01 232215278 PENNSYLVANIA COLLEGE OF ART & DESIGN PENN 7173967833 204 NORTH PRINCE STREET PO BOX 5 LANCASTER PA 176080059 AUDRY CARTER INTERIM PRESIDENT 7173967833 2024-05-13 1 AUDRY CARTER 999009999 0 HARRISON PEREIRA P00746867 2159798800 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AUDRY CARTER 204 NORTH PRINCE STREET PO BOX 59 LANCASTER PA 176080059 14802558 0 X WWW.PCAD.EDU X 1982 PA PENNSYLVANIA COLLEGE OF ART & DESIGN IS A PROFESSIONAL ART COLLEGE OFFERING A BFA DEGREE, CERTIFICATES, CREDENTIALS, AND CURRICULA THAT ENABLE STUDENTS OF ALL AGES TO PURSUE ART AS THEIR LIFE'S WORK. 17 16 227 16 0 0 1706420 1986483 7257502 8155652 362742 -55871 57718 91241 9384382 10177505 1553495 1397356 0 0 4619547 5260203 0 0 211671 3595545 4638747 9768587 11296306 -384205 -1118801 14755118 16979996 3166257 6206329 11588861 10773667 X PENNSYLVANIA COLLEGE OF ART & DESIGN IS A PROFESSIONAL ART COLLEGE OFFERING A BFA DEGREE, CERTIFICATES, CREDENTIALS, AND CURRICULA THAT ENABLE STUDENTS OF ALL AGES TO PURSUE ART AS THEIR LIFE'S WORK. 0 0 7398063 1397356 8155652 PENNSYLVANIA COLLEGE OF ART AND DESIGN (PCA&D) IS ONE OF THE REGION'S LEADING CULTURAL CENTERS. PCA&D OFFERS SIGNATURE EVENTS, ARTIST TALKS, CLASSES, WORKSHOPS, AND GALLERY EVENTS THROUGHOUT THE YEAR THAT ARE UNIQUE WITHIN AND CLOSELY LINK US TO THE LANCASTER COMMUNITY. PCA&D STUDENTS ARE AN INTEGRAL PART OF THE FABRIC OF OUR COMMUNITY. THE MOSAIC PROJECT PROVIDES SCHOLARSHIPS FOR UNDER-SERVED MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS FROM TWO LANCASTER CITY/COUNTY DISTRICTS SO THEY MAY SPEND A DAY WITH PROFESSIONAL ARTISTS WHO ARE SUCCESSFUL IN THEIR FIELDS. THESE STUDENTS ALSO SEE, FIRST HAND, THAT CAREERS IN ART AND DESIGN ARE TRULY WITHIN THEIR REACH. THROUGH THE 24-HOUR DESIGNATHON, PCA&D HAS PARTNERED WITH OVER TWO DOZEN NON-PROFITS THROUGHOUT LANCASTER COUNTY. THIS PROGRAM PROVIDES REAL-WORLD EXPERIENCE FOR GRAPHIC DESIGN STUDENTS BY MATCHING THEM WITH NON-PROFITS IN NEED OF PROFESSIONAL-QUALITY DESIGN WORK. THE PCA&D CAMPUS EXTENDS TO THE ART GARDEN, LOCATED DIRECTLY ACROSS PRINCE STREET FROM THE COLLEGE'S MAIN ENTRANCE. THE ART GARDEN IS A POCKET OF GREEN SPACE THAT THE ENTIRE COMMUNITY ENJOYS. IT IS OFTEN A MEETING PLACE ON FIRST FRIDAYS, AND IT PROVIDES ANOTHER WELCOME SPOT FOR THE PUBLIC TO ENJOY A BROWN BAG LUNCH. OUR ENHANCEMENT OF THE ART GARDEN INCLUDES CREATE INFLUENCE," A SCULPTURAL INSTALLATION CREATED BY NATIONALLY-ACCLAIMED DESIGNERS GAIL ANDERSON AND JOE NEWTON. EXHIBITS IN PCA&D'S MAIN GALLERY, CURATED BY OUR GALLERY DIRECTOR, BRING WORKS BY NATIONALLY AND INTERNATIONALLY RECOGNIZED ARTISTS TO LANCASTER. PCA&D'S "SENIOR SHOW & CELEBRATION" IS LANCASTER CITY'S LARGEST ONE-DAY GALLERY EVENT BY A SINGLE ORGANIZATION. THE CELEBRATION SHOWCASES SENIOR THESIS PROJECTS BY EACH YEAR'S GRADUATING CLASS AND FEATURES ARTWORK THAT FILLS FIVE FLOORS. IN ONLY THREE HOURS, TWO THOUSAND ART LOVERS EXPERIENCE PROFESSIONAL-LEVEL WORK CREATED BY OUR BFA MAJORS. IT'S FREE AND OPEN TO THE PUBLIC TO ENJOY LIVE MUSIC, REFRESHMENTS, FAMILY AND FRIENDS. THE SENIOR SHOW & CELEBRATION TRULY IS THE GALLERY EVENT OF THE YEAR. 7398063 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 227 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X TODD GETTYS 7173967833 204 N PRINCE STREET LANCASTER PA 17603 RUSSELL D URBAN CHAIR 0.80 X X 0 0 0 JAMES D WARNER VICE CHAIR 0.80 X X 0 0 0 PATRICK S HOPKINS BOARD MEMBER 0.80 X 0 0 0 STEPHEN LEAMAN BOARD MEMBER 0.80 X 0 0 0 ABIGAIL FREDERICK BOARD MEMBER 0.80 X 0 0 0 CRYSTAL WEAVER BOARD MEMBER 0.80 X 0 0 0 MATT BUCKWALTER BOARD MEMBER 0.80 X 0 0 0 JOE BYORICK BOARD MEMBER 0.80 X 0 0 0 MARGARET L HAZLETT BOARD MEMBER 0.80 X 0 0 0 RICHARD GRAY BOARD MEMBER 0.80 X 0 0 0 MEGAN CARUSO BOARD MEMBER 0.80 X 0 0 0 LISA EGGLESTON BOARD MEMBER 0.80 X 0 0 0 PETER SCUDNER BOARD MEMBER 0.80 X 0 0 0 AUDRY CARTER BOARD MEMBER 0.80 X 0 0 0 PAMELA BARBY BOARD MEMBER 0.80 X 0 0 0 ISAIAH SERVANCE JR BOARD MEMBER 0.80 X 0 0 0 JOLENE TOLBERT BOARD MEMBER 0.80 X 0 0 0 ELIZABETH BENNETT TREASURER 40.00 X 117423 0 11955 MICHAEL MOLLA PRESIDENT 40.00 X 296511 0 41347 CARISSA MASSEY PROVOST 40.00 X 123321 0 15816 537255 0 69118 3 0 1 0 0 140876 1845607 1986483 TUITION 611710 7031547 7031547 APARTMENT RENT 531110 1115028 1115028 TUITION-BASED FEES 611710 9077 9077 8155652 131631 131631 66059 0 66059 66059 66059 4437551 4625053 -187502 -187502 -187502 MISCELLANEOUS REVENUE 900099 24925 24925 GOVERNMENT ADMIN FEES 900099 257 257 25182 10177505 8155652 0 35370 1397356 1397356 470045 470045 3825022 2444638 1245350 135034 165364 118821 39980 6563 490568 286832 187892 15844 309204 178008 121363 9833 331685 188740 142945 115033 115033 67831 67831 248538 248538 146143 24004 122139 352348 207913 133988 10447 22184 14984 7200 488321 488321 98374 27709 64741 5924 13831 1816 12015 64786 64786 456176 456176 100152 100152 STUDENT HOUSING RENT 1039180 1039180 STUDENT SUPPORT & ACTIV 322762 50433 269031 3298 BAD DEBT 77124 77124 INSTRUCTIONAL SUPPLIES 76569 75387 1182 617710 332959 267223 17528 11296306 7398063 3686572 211671 710778 121395 375206 576678 0 868201 83417 206360 180010 141541 15956544 8152857 7733039 7803687 5663888 4263885 8780 2998249 14755118 16979996 298817 476894 88508 60584 2778932 2638072 0 3030779 3166257 6206329 X 9063298 6689164 2525563 4084503 11588861 10773667 14755118 16979996 -1118801 303607 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2659295 226294 178881 96083 2968387 2750203 340000 -347509 83399 2659295 2286819 534909 71525 2750203 1850446 385000 51373 2286819 1800243 -4500 54703 1850446 0.09322 0.62544 0.28134 0 0 510502 510502 9590879 4559624 5031255 3594053 3131272 462781 2261110 461961 1799149 7803687 SECURITY DEPOSITS 11725 OPERATING LEASE RIGHT-OF-USE ASSETS 2986524 2998249 OPERATING LEASE RIGHT-OF-USE LIABILITIES 3030779 3030779 X 9083756 303607 303607 8780149 1397356 1397356 10177505 9898950 0 9898950 1397356 1397356 11296306 PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN FISCAL TAX YEARS (2020-2022) OR EXPECTED TO BE TAKEN IN THE COLLEGE'S FISCAL 2023 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP RECLASSIFICATION 1,397,356. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP RECLASSIFICATION 1,397,356. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SCHOOL CATALOG IS USED TO SOLICIT NEW STUDENTS - RACIALLY NON-DISCRIMINATORY STATEMENT IS CONTAINED IN THE CATALOG SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS GRANTS SUCH AS PELL GRANTS FOR STUDENTS. THE COLLEGE ALSO ADMINISTERED GOVERNMENT GRANTS FOR STUDENT FINANCIAL AID WHICH ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS OR THE TAX RETURN AS THESE AMOUNTS REPRESENT AGENCY TRANSACTIONS. 1 ANN B. BARSHINGER SCHOLARSHIP 1 25000 CE SCHOLARSHIP 2 194 EITC SCHOLARSHIPS 5 26392 MCH ENDOWED SCHOLARSHIP 1 12500 EMPLOYEE DISCOUNT 24 9238 MISCELLANEOUS CE DISCOUNT 82 638 PCAD SCHOLARSHIP 212 849201 PRESIDENTIAL SCHOLARSHIP 220 420934 SEOG EXPENSE 53 31250 TEACHER DISCOUNT 5 102 YOUTH DISCOUNT 54 7927 STABLER FOUNDATION SCHOLARSHIP 2 12074 STUDENT EMERGENCY 1 906 SWAIN MEMORIAL SCHOLARSHIP 1 1000 PART I, LINE 2: ALL FINANCIAL AID THAT IS AWARDED IS CREDITED TO THE TUITION BILLING FOR THE STUDENT. ALL AID IS USED TO REDUCE THE TUITION PAYABLE. X X 0 1 0 0 0 0 0 0 0 MICHAEL MOLLA PRESIDENT 296511 0 0 0 0 0 33484 0 7863 0 337858 0 0 0 PART I, LINE 4B MICHAEL MOLLA - $15,000 FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR THE FISCAL YEAR ENDED 6-30-23. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C EVERY NEW AND CONTINUING BOARD MEMBER IS PRESENTED WITH A COPY OF THE COLLEGE CONFLICT OF INTEREST POLICY AT THE BEGINNING OF EACH ACADEMIC YEAR AND ASKED TO SIGN A DECLARATION OF ANY CONFLICTS THAT THEY MAY HAVE. THESE DECLARATIONS ARE REVIEWED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. THE COMPENSATION OF THE DIRECTOR OF FINANCE IS REVIEWED AND APPROVED BY THE PRESIDENT. ALL SALARIES ARE COMPARED TO SALARY SURVEYS OF COMPARABLE INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 18 FORMS 990 ARE RELEASED FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 CURRENTLY ALL POLICIES ARE AVAILABLE FOR INSPECTION UPON REQUEST. PART XI, LINE 2C THE PROCESS BY WHICH THE ORGANIZATION APPOINTS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.