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Crazy Horse Memorial Foundation
Crazy Horse Memorial Foundation reported $13.2 million in revenue and $10.0 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $59.02 went to program services, $25.19 to management and general costs and $15.79 to fundraising. Its largest source of revenue was contributions and grants: 44.3% of the total. The highest compensation it reported for one person was $244,661 (CEO). 11 people received more than $100,000 in reportable compensation. Revenue fell 36% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $10MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $13MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 59.0% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 25.2% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 15.8% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.27 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 44.3% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 36.6% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $244,661 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.44% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 11 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 168.0 | 36.6 |
| Independent voting board members Part VI 1a–1b | 23 of 26 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe colossal mountain carving of Crazy Horse (tasunke witco c.1840-1877) riding his steed out of the granite of the black hills (he sapa) gesturing forward as he proclaims, "my lands are where my dead lie buried," will be approximately 641 feet long and 563 feet high when complete. Crazy Horse's completed face currently stands 87 feet and 6 inches high. Comparisons to other famous landmarks provide perspective; for example, the statue of liberty is 305 feet tall, the washington monument is 554 feet and 7 inches high, and the great pyramid of giza in egypt stands 455 feet tall. Current carving…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 50.00 hrs/week | $231,343 | $0 | $13,318 | $244,661 |
| CFO Officer, 55.00 hrs/week | $195,390 | $0 | $19,299 | $214,689 |
| CHIEFMTNOFFI Director/trustee, officer, 50.00 hrs/week | $185,017 | $0 | $18,961 | $203,978 |
| CHIEF DEVEL. Officer, 50.00 hrs/week | $178,383 | $0 | $13,318 | $191,701 |
| ARTISTICADVI Director/trustee, 40.00 hrs/week | $119,734 | $0 | $17,044 | $136,778 |
| SR MAINT FOR Highest compensated employee, 50.00 hrs/week | $123,341 | $0 | $3,740 | $127,081 |
| MTN SUPERVIS Director/trustee, 40.00 hrs/week | $109,468 | $0 | $16,707 | $126,175 |
| SALES/MKTG/T Highest compensated employee, 50.00 hrs/week | $104,879 | $0 | $16,568 | $121,447 |
11 people received more than $100,000 in reportable compensation from Crazy Horse Memorial Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b26 · 23 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5163
- Volunteers Part I, line 626
Private foundation grants it received
27 private foundations reported grants to Crazy Horse Memorial Foundation totaling $126K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Crazy Horse Memorial Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Crazy Horse Memorial Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Crazy Horse Memorial Foundation spent in FY2025, $59.02 went to programs. The full breakdown, from its IRS Form 990:
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All arts, culture & humanities charities · Largest charities in South Dakota
Questions people ask
How much of Crazy Horse Memorial Foundation's spending goes to programs?
In the fiscal year ending September 30, 2025, Crazy Horse Memorial Foundation reported that 59.0% of its $10.0 million in expenses went to program services, 25.2% to management and general and 15.8% to fundraising (Form 990, Part IX).
How much does Crazy Horse Memorial Foundation pay its top executive?
The largest total compensation Crazy Horse Memorial Foundation reported for one person in the fiscal year ending September 30, 2025 was $244,661, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Crazy Horse Memorial Foundation get its money?
Of $13.2 million in revenue in the fiscal year ending September 30, 2025, 44.3% came from contributions and grants and 36.6% from program service revenue (Form 990, Part VIII).
Is Crazy Horse Memorial Foundation a registered charity?
The IRS lists EIN 46-0220678 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202620349349300832 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202520319349301842 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202420269349300842 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202310269349301816 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202210279349300176 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202130339349300608 · read the filing
All filings for EIN 46-0220678: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.