Tri-M Productions
Legal name: Tri-M Millennial Music Makers Productions
Nonprofit profile at a glance
- EIN
- 854153157
- IRS 990 coverage
- 2024–2025
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2025, Form 990-EZ 2023, Form 990-N 2020
- Location
- Santa Fe, NM, US
- Phone
- (505)670-6723
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $314,248
- Expenses
- $253,650
- Assets
- $115,293
- Liabilities
- $-721
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- CRIS W BARNES (EXECUTIVE DIRECTOR, SECRETARY)
Highest reported compensation
- KATHLENE RITCH (PRES, BRD CHAIR, MUSIC DIRECTOR): $7,810 total reported compensation
- MARINA HEANEY (BOARD MEMBER): $1,500 total reported compensation
- CORA HARMS (BOARD MEMBER): $1,450 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To bring a variety of musical theater shows to Santa Fe while providing opportunities for talented young adults to continue to perform.
What it reported doing in 2025
Little women, musical by howland, dickstein, and knee, february 13-23, 2025
Operating model
- Revenue model
- Donor-supported. 61% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 86
- Accountability: 74
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.5%; rating input score 74
- Program expense ratio: 92.2%; rating input score 92
- Fundraising efficiency: $43.22 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 20th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 19.3%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 4.8%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 30.9% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 73.9% per year; rating input score 100; 98th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 74.5% of revenue deployed · 92.2% of spending went to programs
- Governance: 9 of 9 board members independent · 3 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $211K in reported program spending
- Leadership: top reported pay $8K · 10 people listed
- Consistency: 20 of 22 current checks pass · 2 findings to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.