Tri-M Foundation
- Assets
- $1.1m
- Revenue
- $24.9k
- Investments
- $1.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2005
- Data as of
- 12/2022
- EIN
- 47-0943697
Organization Overview
Tri-M Foundation is located in New York, NY. The organization was established in 2005. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri-M Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Tri-M Foundation generated $24.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $77.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Tri-M Foundation has awarded 24 individual grants totaling $184,430. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zachary Christman President | 5 | $0 | |
Matthew Collins Secretary/ Treasurer | 10 | $0 | |
Eric Mund Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $234 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,997 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $661 |
| Capital Gain Net Income | $661 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,892 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $234 |
| Total operating and administrative expenses | $17,665 |
| Contributions, gifts, grants paid | $59,800 |
| Total expenses and disbursements | $77,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,397 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $10,431 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $278,158 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,136,805 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tri-M Foundation has awarded $59,800 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
MY TRUE COLORS FEST PURPOSE: IN SUPPORT OF PERFORMANCES. | $5,500 |
AMERICAN LIVES THEATRE PURPOSE: IN SUPPORT OF PERFORMANCES. | $2,300 |
RAPID LEMON PRODUCTIONS PURPOSE: IN SUPPORT OF PERFORMANCES. | $10,000 |
THE POP UP PROJECT PURPOSE: IN SUPPORT OF PERFORMANCES. | $10,000 |
HERITAGE SIGNATURE CHORALE PURPOSE: IN SUPPORT OF PERFORMANCES. | $10,000 |
ST LOUIS DANCE THEATRE PURPOSE: IN SUPPORT OF PERFORMANCES. | $7,000 |