Trilith Foundation INC EIN 85-4305492 Form 990 (PDF) Claim this org

Trilith Foundation INC

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Supports creators and makers who inspire the world. For fiscal year 2024 it reported $3.4M in revenue, $3.1M in expenses, and $462K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Atlanta, GA
Filings
3 on file (2022–2024)
Revenue
$3.4MFY2024
Expenses
$3.1M
Net assets
$462K
People
9
Filings
3
Updates
0
More identity details & actions ⌄
EIN  85-4305492 Public foundation / grantmaker Atlanta, GA
Form 990 (PDF)
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Figures match the IRS filing checked 8/28/26 · see original: IRS
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Size
$1–10M
What they do
Supports creators and makers who inspire the world.
Leadership
Elizabeth Dixon · President & Exec Director · $231K
Money in and out
$3.4M revenue, $3.1M expenses
Bottom line
62% program efficiency
Grants paid & assets · FY2024
Total revenue
$3.4M
Pt VIII · Ln 12
Total expenses
$3.1M
Pt IX · Ln 25
Net assets
$462K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $233K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.26 Fundraising $0.12
Program efficiency
62%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate▲ +50% vs prior filing year
Surplus margin
+7%
revenue over expenses, this year▲ +175% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$3.4M
FY2024▼ -13%
Expenses
$3.1M
FY2024▼ -17%
Total assets
$602K
FY2024▲ +81%
Total liabilities
$141K
FY2024▲ +35%
Total revenue
$3.4M
Pt VIII · Ln 12
Total expenses
$3.1M
Pt IX · Ln 25
Net assets
$462K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$233K
Total assetsPt X · Ln 16$602K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $794K of program spending, described in the organization's own filed words · FY2024.
01

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…

$331Kprogram expense
02

Trilith experience is an interactive opportunity to tour the trilith town and trilith studios to inspire and enrich an individual. Trilith studios is the primary filming location of some of the highest grossing films of all time. The peek behind the scenes to see creativity and collaboration at work.

$296Kprogram expense
03

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.).

$167Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTrilith Foundation INC
EINHdr · item D85-4305492
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFApr 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & Exec Director
$230,969Pt VII · Sec A
Director of Programs
$137,442Pt VII · Sec A
Director of Events
$115,661Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Elizabeth Dixon’s $231K as President & Exec Director is at the 88th percentile of top reported officer pay among 1688 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023
Elizabeth Dixon$230,969$229,177
Hannah Webb$137,442
Jordan Preston$115,661

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$3.4M · 101%
Program service revenue$302K · 9%
Contributions & grants101%$3.4M
Program service revenue9%$302K
Investment income$27
Total revenueLn 12$3.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.26 Fundraising $0.12
Program services62%$2.0M
Management & general26%$816K
Fundraising12%$370K
Total functional expensesLn 25$3.1M

Balance Sheet

Part X · end of year
CashLn 1$248K
Total assetsLn 16$602K
Total liabilitiesLn 26$141K
Total net assetsLn 32$462K
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $248K · Operating expenses/yr $3.1M
0.9 months
Where the money goes
Program services
Program services $2.0M · Total expenses $3.1M
62%
Management & General
Management & general $816K · Total expenses $3.1M
26%
Fundraising
Fundraising $370K · Total expenses $3.1M
12%
Cost to raise $1
Fundraising expense (3-yr avg) $217K · Solicited contributions (3-yr avg) $2.4M
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $3.4M · Total revenue $3.4M
101%
Government reliance
Government grants — · Total revenue $3.4M
Earned-income share
Program service revenue $302K · Total revenue $3.4M
9%
Investment reliance
Investment income $27 · Total revenue $3.4M
<0.01%
Program self-sufficiency
Program service revenue $302K · Total expenses $3.1M
10%
Growth & trend
Revenue growth (YoY)
This year $3.4M · Prior year $3.9M
-13%
Net-asset trend (YoY)
End of year $462K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.4M · Expenses $3.1M
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $602K
Net-asset ratio
Net assets $462K · Total assets $602K
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $602K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elizabeth Dixon · Reported title PRESIDENT & EXEC DIRECTOR · Highest reported compensation $231K · Total expenses $3.1M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $724K · Total expenses $3.1M
23%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 26%
Fundraising cost ratio 11%
Revenue growth -13%
Legal fee ratio 0.4%
Accounting fee ratio 0.05%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$3.1M
Grants paid · 32 grants · $2.0M · 2023–2024
Bearings Bike Shop INCGA · FY2024$25,000
Healing Bridge Clinic INCGA · FY2024$17,573
Fayette Senior Services INCGA · FY2024$17,573
Two Sparrows Village INCGA · FY2024$8,787
Promise PlaceGA · FY2024$8,787
Midwest Food BankFY2024$8,787
The Foundry INCGA · FY2024$8,786
Fayette Fire Foundation INCGA · FY2024$8,786
Christian City INCGA · FY2024$8,786
Camp Southern Ground INCGA · FY2024$8,786
Bloom Our Youth INCGA · FY2024$8,786
Trilith Institute INCGA · FY2023$1,500,000
See all 32 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$3.4M revenue · viewing · ⤓ 990 PDF
FY2023$3.9M revenue · ⤓ 990 PDF
FY2022$75K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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