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← TRILITH FOUNDATION INC

Form 990 for tax year 2023

Filed by TRILITH FOUNDATION INC.

Totals

Total revenue
$3,900,933
Total expenses
$3,803,084
Contributions and grants received
$3,838,845
Grants paid
$1,798,438
Program service revenue
$61,919
Investment income
$37
Other revenue
$132
Total assets, end of year
$332,871
Total liabilities, end of year
$103,796
Net assets or fund balances, end of year
$229,075
Program services expenses (Part IX)
$2,575,832
Management and general expenses
$947,523
Fundraising expenses
$279,729
Program service expenses (Part III)
$2,575,832

Program services were 67.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $3,838,845

  • 2a · Program service revenue: TRILITH EXPERIENCE

    total $44,465 · excluded $44,465

  • 2b · Program service revenue: TRILITH EXPERIENCE - TE

    total $9,774 · excluded $9,774

  • 2c · Program service revenue: COMEDY NIGHT PROGRAM REVENUE

    total $4,969 · excluded $4,969

  • 2d · Program service revenue: MERCHANDISE SALES

    total $1,765 · excluded $1,765

  • 2e · Program service revenue: MENTAL HEALTH PROGRAM REVENUE

    total $946 · excluded $946

  • 3 · Investment income

    total $37 · excluded $37

  • 11a · Other revenue: VENDOR'S COMP - GA DOR

    total $132 · excluded $132

  • 11e · Other revenue, total

    $132

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,798,438 · program services $1,798,438

  • 5 · Compensation of officers, directors and key employees

    total $229,177 · management and general $229,177

  • 7 · Other salaries and wages

    total $35,077 · management and general $35,077

  • 9 · Other employee benefits

    total $46,292 · management and general $46,292

  • 10 · Payroll taxes

    total $13,401 · management and general $13,401

  • 11b · Fees: legal

    total $26,298 · management and general $26,298

  • 11c · Fees: accounting

    total $1,625 · management and general $1,625

  • 11g · Fees: other

    total $353,947 · program services $112,478 · management and general $222,380 · fundraising $19,089

  • 12 · Advertising and promotion

    total $184,344 · management and general $184,344

  • 13 · Office expenses

    total $25,103 · management and general $25,103

  • 17 · Travel

    total $3,436 · management and general $3,436

  • 22 · Depreciation, depletion and amortization

    total $31,972 · management and general $31,972

  • 23 · Insurance

    total $5,623 · management and general $5,623

  • 24a · Other expenses: PROGRAM EXPENSES - OTHER

    total $274,783 · program services $266,762 · management and general $8,021

  • 24b · Other expenses: REEL PEOPLE CARE

    total $260,640 · fundraising $260,640

  • 24c · Other expenses: ENRICHMENT & INSPIRATION

    total $224,165 · program services $224,165

  • 24d · Other expenses: KICKOFF

    total $170,436 · program services $170,436

  • 24e · All other expenses

    total $118,327 · program services $3,553 · management and general $114,774

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $62,958 · end of year $192,651

  • 4 · Accounts receivable

    beginning of year $9,251

  • 9 · Prepaid expenses and deferred charges

    beginning of year $31,740 · end of year $38,711

  • 10a · Land, buildings and equipment: cost or other basis

    $106,204

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,695

  • 10c · Land, buildings and equipment, net

    end of year $101,509

  • 17 · Accounts payable and accrued expenses

    end of year $103,796

  • 27 · Net assets without donor restrictions

    beginning of year $103,949 · end of year $229,075

Mission and programs · 2023

Mission

TRILITH FOUNDATION'S EXISTS TO ENRICH THE LIVES OF THE CREATORS AND THE MAKERS WHO INSPIRE THE WORLD.

  • A KICKOFF EVENT FOR THE TRILITH FOUNDATION THAT SERVED AS AN INVITATION FOR COLLABORATION, INSPIRATION, AND ENRICHMENT FOR THE COMMUNITY.

    Expenses $170,436

  • TRILITH FOUNDATION HOSTS AN ANNUAL FUNDRAISER (REEL PEOPLE CARE) THAT BENEFITS 15 DIFFERENT NON-PROFIT ORGANIZATIONS. NON-PROFITS ARE ASSIGNED TABLES AT THE EVENT AND SELL TICKETS, KEEPING THOSE PROCEEDS. TRILITH PROVIDES A STAGE AND FOOTS THE BILL OF ASSOCIATED COSTS (FOOD, EQUIPMENT, ETC.). THERE IS A SET CRITERIA NON-PROFITS MUST MEET TO BE CONSIDERED AS A TABLE RECIPIENT - WHICH ARE ULTIMATELY SELECTED BY A COMMITTEE OF STAKEHOLDERS AND STAFF. NON-PROFITS ARE VETTED TO ENSURE THEY ARE LEGITIMATE 501(C)(3) ORGANIZATIONS.

    Expenses $298,438 · Grants $298,438 · Revenue $640,118

  • AS TRILITH IS A GATEWAY TO INSPIRATION, THE INSPIRATION SERIES IS DESIGNED TO SPARK CREATIVE INSPIRATION THROUGH THE ARTS WHILE ENRICHING THE LIVES OF THOSE ACROSS THE CREATIVE COMMUNITY. THE ENRICHMENT SERIES IS DESIGNED TO GATHER IN COMMUNITY AND LEARNING AROUND THE ELEMENTS THAT MAKE PEOPLE FLOURISH, EDUCATING AND ENRICHING THE LIVES OF THOSE WHO ATTEND. THE ENRICHMENT & INSPIRATION SERIES IN 2023 INCLUDED, CONCERTS, LIVE THEATER, LEARNING SESSIONS WITH GUEST SPEAKERS, AND LUNCH AND LEARNS TO HELP COMMUNITY MEMBERS LIVE THEIR BEST LIVES AND FLOURISH.

    Expenses $337,059

  • VARIOUS PROGRAMS WERE CARRIED OUT DURING THE YEAR TO FURTHER TRILITH FOUNDATION'S PURPOSE. THESE EVENTS INCLUDE COMEDY NIGHT, CREATIVE SHOWCASE, DEVELOPMENT DAYS, THE TRILITH EXPERIENCE AND MORE. THESE OTHER PROGRAMS RESULTED IN 269,899 IN PROGRAM RELATED EXPENSES AND A 1,500,000 GRANT TO TRILITH INSITUTE TO AID IN THEIR EDUCATIONAL PROGRAMMING THAT FOCUSES ON DEVELOPING THE NEXT GENERATION OF STORYTELLERS AND EMPOWERING THEM TO CREATE CULTURE-ENRICHING CONTENT THAT CAPTURES FRESH AND DIVERSE PERSPECTIVES.

    Expenses $1,769,899 · Grants $1,500,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • ELIZABETH DIXON

    PRES & EXEC

    Total calculated
    $262,896
    From this org
    $229,177
    From related orgs
    $0
    Other
    $33,719
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,177
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $33,719
    Filer's total
    $262,896

  • JOHN STEPHENSON

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • RYAN HANING

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • ALISON BUTLER

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • DAN T CATHY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • FRANK PATTERSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ROSS CATHY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.0
Source object
202403209349310855

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