CRAZY HORSE MEMORIAL FOUNDATION

EIN: 460220678 501(c)(3) Arts, Culture & Humanities

CRAZY HORSE, SD

Total Revenue
$13,225,546
Total Expenses
$10,021,209
Total Assets
$141,501,841
Net Assets
$140,282,669
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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
SD
Principal Officer
WHITNEY RENCOUNTRE II
Phone
6056734681
Tax Period
2024-10-01 to 2025-09-30

CRAZY HORSE MEMORIAL FOUNDATION, founded in 1948, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $13.2M in total revenue in fiscal year 2024. The organization ran a surplus of $3.2M, a strong 24% operating margin.

Mission

THE MISSION OF CRAZY HORSE MEMORIAL FOUNDATION IS TO PROTECT AND PRESERVE THE CULTURES, TRADITIONS, AND LIVING HERITAGE OF THE NORTH AMERICAN INDIANS. CRAZY HORSE MEMORIAL REMAINS COMMITTED TO THE PROMISE SCULPTOR KORCZAK ZIOLKOWSKI MADE TO CHIEF HENRY STANDING BEAR AND OTHER NATIVE ELDERS IN RESPONSE TO THEIR INVITATION TO CARVE AND MAINTAIN A MONUMENT CELEBRATING NATIVE AMERICAN CULTURE. TODAY, CRAZY HORSE MEMORIAL STANDS AS A BEACON TO THE WORLD WITH HUNDREDS OF THOUSANDS OF PEOPLE VISITING EACH YEAR. THE ICONIC MONUMENT RAISES INTEREST AND WELCOMES ALL TO VISIT, LEARN, AND BE INSPIRED BY THE CULTURE, TRADITIONS, AND WISDOM OF NATIVE AMERICANS. SINCE ITS FOUNDING IN 1948, CRAZY HORSE MEMORIAL FOUNDATION HAS DEMONSTRATED ITS COMMITMENT TO FULFILLING THE MISSION THROUGH FOUR MAJOR PROJECTS - THE WORLD'S LARGEST SCULPTURE IN PROGRESS OF LAKOTA LEADER CRAZY HORSE, THE INDIAN MUSEUM OF NORTH AMERICA, THE NATIVE AMERICAN AND EDUCATIONAL CULTURAL CENTER, AND CRAZY HORSE MEMORIAL UNIVERSITY

Program Service Accomplishments

Program 1
Expenses: $5,914,205 Revenue: $4,869,820

THE 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...

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THE 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 EFFORTS FOCUS ON THE HORSE'S MANE, THE TOP OF CRAZY HORSE'S HEAD, AND THE RIGHT SHOULDER. THE LEFT HAND HAS BEEN LARGELY FINISHED, ALONG WITH MUCH OF THE LEFT FOREARM, AS WELL AS TREMENDOUS PROGRESS ALONG THE WHOLE LENGTH OF THE LEFT ARM ON THE BACKSIDE OF THE CARVING. THE HORSE'S MANE WILL TAKE TIME GIVEN ITS SHEER MAGNITUDE - ROUGHLY 32,000 SQUARE FEET OF SURFACE AREA TO BE CARVED. A LARGE TOWER CRANE HAS BEEN INSTALLED, FACILITATING CARVING. THE MOUNTAIN CREW USES LABOR-INTENSIVE TECHNIQUES FOR THIS DELICATE PHASE OF CARVING. MANY OF THE ONGOING CHANGES ON THE MONUMENTAL SCULPTURE ARE VISIBLE FROM THE VISITOR CENTER, WHICH IS ABOUT ONE MILE AWAY. CRAZY HORSE MEMORIAL IS AN ACTIVE MOUNTAIN CARVING SITE AND A MODERN WONDER OF THE WORLD. AT FIRST IT MAY SEEM THAT THE GREAT CARVING IS THE WHOLE POINT OF CRAZY HORSE MEMORIAL FOUNDATION. THE CARVING IS CERTAINLY CENTRAL AS A MARVEL OF LANDSCAPE, ART, AND ENGINEERING, BUT THE SHARED VISION TO HONOR AND PRESERVE THE CULTURE OF AMERICAN INDIANS INVOLVES EVEN MORE. CRAZY HORSE MEMORIAL FOUNDATION IS EVEN MORE THAN AN ENDURING TRIBUTE; IT IS A LIVING MEMORIAL, EDUCATING ALL WHO ENCOUNTER IT. THE EDUCATIONAL AND CULTURAL PROGRAMS AND ACTIVITIES OF CRAZY HORSE MEMORIAL FOUNDATION'S INDIAN MUSEUM OF NORTH AMERICA, NATIVE AMERICAN AND EDUCATIONAL CULTURAL CENTER, AND CRAZY HORSE MEMORIAL UNIVERSITY EXEMPLIFY THE MEMORIAL'S EDUCATIONAL AND HUMANITARIAN PURPOSE. THE INDIAN MUSEUM OF NORTH AMERICA IS HOME TO AN EXTRAORDINARY COLLECTION OF ART AND ARTIFACTS REFLECTING THE DIVERSE HISTORIES AND CONTEMPORARY CULTURES OF NATIVE AMERICANS THROUGHOUT NORTH AMERICA. THE MUSEUM WAS OFFICIALLY DEDICATED ON MAY 30, 1973, AND IT HAS GROWN SINCE ITS HUMBLE BEGINNINGS. EXHIBITS ARE CURRENTLY CHOSEN FROM OVER 14,000 ACCESSIONED PIECES OF ART AND ARTIFACTS REPRESENTING HUNDREDS OF NATIVE CULTURES THROUGHOUT NORTH AMERICA. THE INDIAN MUSEUM OF NORTH AMERICA'S CULTURAL PROGRAMS COME ALIVE THROUGH ITS EXHIBITS, NATIVE ARTISTS, MUSIC, DANCE, AND NUMEROUS EDUCATIONAL OPPORTUNITIES FOR VISITORS OF ALL AGES. NATIVE ARTISTS, NATIONAL AND LOCAL NATIVE PERFORMERS, AND LECTURERS OF VARIOUS BACKGROUNDS AND DISCIPLINES OFFERED CULTURAL PROGRAMS DURING THE 2025 SUMMER SEASON. THE VISITING PUBLIC CAN ACTUALLY EXPERIENCE THREE MUSEUMS OF CRAZY HORSE MEMORIAL. THE MOUNTAIN CARVING GALLERY AND THE ZIOLKOWSKI FAMILY LIFE MUSEUM COMPLIMENT THE INDIAN MUSUEM OF NORTH AMERICA SHARING THE FULL STORY OF THE MEMORIAL. CRAZY HORSE MEMORIAL IS COMMITTED TO THE PAST, PRESENT, AND FUTURE OF NATIVE NATIONS. THE COMMITMENT TO THE FUTURE IS SPECIFICALLY REALIZED BY THE ESTABLISHMENT OF CRAZY HORSE MEMORIAL UNIVERSITY, WHICH WAS REBRANDED IN 2025 FROM THE INDIAN UNIVERSITY OF NORTH AMERICA. THE OVERARCHING GOALS OF CRAZY HORSE MEMORIAL UNIVERSITY INCLUDE ENGAGING STUDENTS IN A NATIVE- FOCUSED ACADEMIC EXPERIENCE AND COMMUNITY DEMONSTRATING THE VITALITY OF THE NATIVE AMERICAN PEOPLE AND PROVIDING THE NECESSARY STUDENT SUPPORT TO INCREASE COLLEGE PERSISTENCE AND COLLEGE COMPLETION RATES OF NATIVE AMERICAN STUDENTS. THEN UNIVERSITY'S FIRST ACADEMIC PROGRAM COMMENCED IN THE SUMMER OF 2010 IN A NEWLY CONSTRUCTED INSTRUCTIONAL AND RESIDENTIAL FACILITY. THE UNIVERSITY IS A PLACE WHERE HIGHER EDUCATION, INTERNSHIP EXPERIENCES, AND POST-SECONDARY SKILLS AND RESOURCES ARE PROVIDED TO NATIVE YOUTH GUIDING THEM IN SUCCESSFULLY COMPLETING THEIR EDUCATIONAL GOALS AND LIFE DREAMS. THE SUMMER SEMESTER UNIVERSITY PROGRAM, TITLED 7TH GEN., OFFERS ACCEPTED STUDENTS THE OPPORTUNITY TO COMPLETE THEIR FIRST SEMESTER OF COLLEGE AT CRAZY HORSE MEMORIAL UNIVERSITY AND RECEIVE EXTENDED STUDENT SUCCESS COACHING THROUGH COLLEGE COMPLETION, REGARDLESS OF WHERE THEY CONTINUE THEIR COLLEGE STUDIES. THE UPPER LEVEL 7TH GEN. PROGRAM EXTENDS 3-6 CREDIT HOURS TO EACH STUDENT INCLUDING AN EXPERIENTIAL LEADERSHIP CLASS. CRAZY HORSE MEMORIAL FOUNDATION FUNDS THE STUDENT TUITION, BOOKS, STUDENT PAID INTERNSHIPS, THE MAJORITY OF THE STUDENT FOOD AND LODGING COSTS, FACULTY AND STAFF SALARIES, AND FACULTY FOOD AND LODGING. THE UNIVERSITY TRANSITIONED ITS PROGRAMMING EFFORTS FROM THE FALL WIZIPAN PROGRAM TO A NEW UNDERGRADUATE CERTIFICATE PROGRAM BEGINNING IN 2025. THE NEW PROGRAM, WICHOZANI, IS FOCUSED ON INDIGENOUS HEALTH AND WELLNESS, WHICH ALIGNS WITH THE VISION OF FOUNDERS CHIEF HENRY STANDING BEAR AND KORCZAK ZIOLKOWSKI. BLACK HILLS STATE UNIVERSITY PARTNERED WITH CRAZY HORSE MEMORIAL UNIVERSITY PROVIDING STUDENTS WITH A 12-CREDIT CERTIFICATE ADDRESSING A CRITICAL NEED IN NATIVE HEALTH ISSUES, LEADING TO CAREER PATHS IN HEALTHCARE FIELDS, AND DELIVERING THE KNOWLEDGE TO BETTER SERVE THEIR COMMUNITIES. BLACK HILLS STATE UNIVERSITY CONTINUES TO WORK WITH CRAZY HORSE MEMORIAL UNIVERSITY ON FUTURE PROGRAMMING. THE DISTINCTIVE PROGRAMS OF CRAZY HORSE MEMORIAL UNIVERSITY WHERE HIGHER EDUCATION, UNIQUE ACADEMIC PROGRAMS, COMMUNITY, INTERNSHIP EXPERIENCES, AND NUMEROUS RESOURCES ARE PROVIDED TO NATIVE YOUTH, GUIDING THEM IN SUCCESSFULLY COMPLETING THEIR HIGHER EDUCATIONAL GOALS AND LIFE DREAMS ARE UNLIKE ANY HIGHER EDUCATION EXPERIENCE IN THE WORLD. SINCE THE UNIVERSITY'S INCEPTION IN 2010, OVER 500 STUDENTS FROM OVER 41 DIFFERENT NATIVE NATIONS HAVE ENROLLED IN 7TH GEN., WIZIPAN, AND WICHOZANI BENEFITTING FROM THE STUDENT SUCCESS COACHING CONTINUED SUPPORT. UNIVERSITY FACULTY AND STAFF RESEARCH THE HIGHER EDUCATION STATUS OF STUDENTS WHO SUCCESSFULLY COMPLETED ACADEMIC PROGRAMS AND CONTINUED THEIR STUDIES AT OVER 50 DIFFERENT COLLEGES AND UNIVERSITIES THROUGHOUT THE UNITED STATES. OVER THE PAST SIXTEEN YEARS, THE COMBINED COLLEGE PERSISTENCE/COLLEGE GRADUATION RATE OF RESPONDENTS HAS RANGED FROM 72-87%. COLLEGE GRADUATES ARE CURRENTLY EMPLOYED AS TEACHERS, NURSES, ATHLETIC TRAINERS, LAW ENFORCEMENT OFFICERS, COUNSELORS, MUSEUM PROFESSIONALS, A DENTAL HYGIENIST, AND IN NUMEROUS PROFESSIONAL BUSINESS CAREERS. MANY OF THE NATIVE STUDENTS WHO STARTED THEIR HIGHER EDUCATION JOURNEYS AT CRAZY HORSE MEMORIAL UNIVERSITY ARE PURSUING GRADUATE DEGREES. NATIVE AMERICAN STUDENTS REMAIN AMONG THE MOST VULNERABLE IN OUR NATION'S EDUCATION SYSTEM, 35% OF NATIVE AMERICAN STUDENTS ARE RAISED IN IMPOVERISHMENT. NATIVE STUDENTS REPRESENT ONLY 1% OF THE U.S. UNDERGRADUATE STUDENT POPULATION AND LESS THAN 1% OF THE GRADUATE STUDENT POPULATION. ONLY 17% OF NATIVE HIGH SCHOOL STUDENTS CONTINUE THEIR EDUCATION, CITING FUNDING AND GEOGRAPHIC ISOLATION AS THEIR TOP REASONS FOR NOT ATTENDING COLLEGE. AND, OF THE NATIVE STUDENTS WHO ATTEND COLLEGE, GRADUATION RATES ARE 20% LOWER OR MORE THAN NON-NATIVE STUDENTS. NATIVE AMERICANS, ESPECIALLY THOSE IN SOUTH DAKOTA, ARE A DISADVANTAGED POPULATION WITH FEW POSSESSING COLLEGE EDUCATIONS. THE UNIVERSITY IS COMMITTED TO PARTNERSHIPS WHICH PROVIDE FRESH APPROACHES TO LEARNING, TO COMPREHENSIVE, STRONG STUDENT SUPPORT BEYOND WHAT IS FOUND IN TRADITIONAL MAINSTREAM HIGHER EDUCATION, TO EXPERIENTIAL LEARNING, AND TO DEVELOPING A NEW NATIVE NARRATIVE WHICH VALIDATES, EMPOWERS, AND INSPIRES THE STUDENTS WHO ATTEND. CRAZY HORSE MEMORIAL FOUNDATION ACCEPTS NO GOVERNMENT FUNDING FOR ITS PROGRAMS OR ACTIVITIES. THE MEMORIAL IS SUSTAINED SOLELY THROUGH CONTRIBUTIONS AND ADMISSIONS TO THE MEMORIAL. CHARITABLE GIFTS ARE RECEIVED FROM INDIVIDUALS THROUGHOUT THE UNITED STATES AND THE WORLD, GIVING TESTIMONY TO THE FACT THAT CRAZY HORSE MEMORIAL FOUNDATION IS AN EDUCATIONAL AND HUMANITARIAN PUBLIC CHARITY OF INTERNATIONAL SCOPE. IT IS IMPORTANT FOR DONORS TO KNOW THAT THE FY2025 MOUNTAIN CARVING EXPENSES OF 5,274,380 ARE CAPITALIZED. AMOUNTS CAPITALIZED INCLUDE BOTH DIRECT COSTS AND INDIRECT COSTS (BASED ON AN ALLOCATION OF MOUNTAIN SALARIES TO TOTAL SALARIES). CAPITALIZED COSTS ARE, THEREFORE, REVEALED AS AN ASSET RATHER THAN A PROGRAM EXPENSE ON THE FORM 990. AS A RESULT, PROGRAM EXPENSES AS A PERCENTAGE OF TOTAL EXPENSES IN FY2025 ARE 59% ON THE FORM 990. WITH THE MOUNTAIN CARVING EXPENSES ADDED, THE PERCENTAGE IS 73%. CONSIDERING THE ACCRUAL METHOD OF ACCOUNTING USED BY CRAZY HORSE MEMORIAL, THE 990 SHOWS IT COST 27 CENTS TO RAISE A DOLLAR IN FY2025. CRAZY HORSE MEMORIAL FOUNDATION IS GOVERNED BY A BOARD OF DIRECTORS AND LED BY A SENIOR EXECUTIVE TEAM COMPRISED OF THE CEO, CFO, AND CMO. EACH EXECUTIVE LEADER HAS DISTINCTIVE RESPONSIBILITIES, MANY OF WHICH ARE ATTRIBUTED TO THE MOUNTAIN CARVING, MUSEUMS, AND UNIVERSITY IN ADDITION TO MANAGEMENT AND FUNDRAISING.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,857,407
Program Service Revenue $4,837,318
Investment Income $2,041,598
Other Revenue $489,223
TOTAL REVENUE $13,225,546

Expense Breakdown

Grants Paid $162,134
Salaries & Benefits $4,745,857
Fundraising Expenses $1,582,757
Program Expenses $5,914,205
Other Expenses $5,113,218
TOTAL EXPENSES $10,021,209

Year-over-Year Comparison

2024 2023 Change
Revenue $13,225,546 $13,596,839 0.0%
Expenses $10,021,209 $8,892,445 +0.1%
Net Income $3,204,337 $4,704,394 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
26
Independent Members
23
Employees
163
Volunteers
26

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$855,029
Total Directors
26
$466,931
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WHITNEY RENCOUNTRE II CEO 50.00
Officer
$231,343 $13,318 $244,661
JOSEPH KONKOL CFO 55.00
Officer
$195,390 $19,299 $214,689
CALEB ZIOLKOWSKI CHIEFMTNOFFI 50.00
Officer Director
$185,017 $18,961 $203,978
MARY MURTALA CHIEF DEVEL. 50.00
Officer
$178,383 $13,318 $191,701
THURSTON POND SR MAINT FOR 50.00
Highest
$123,341 $3,740 $127,081
MONIQUE ZIOLKOWSKI ARTISTICADVI 40.00
Director
$119,734 $17,044 $136,778
VAUGHN ZIOLKOWSKI MTN SUPERVIS 40.00
Director
$109,468 $16,707 $126,175
AMANDA ALLCOCK SALES/MKTG/T 50.00
Highest
$104,879 $16,568 $121,447
JESSE WHEELER MTN OPERATIO 40.00
Highest
$103,509 $3,145 $106,654
JORDAN KONKOL CONTROLLER 40.00
Highest
$101,915 $16,500 $118,415
THOMAS CASTELAN MTN SHOP MGR 40.00
Highest
$101,868 $1,212 $103,080
KAY JORGENSEN CHAIRMAN 3.00
Officer Director
$0 $0 $0
DR JADE HERMAN VICE CHAIRMA 3.00
Officer Director
$0 $0 $0
DR JANELLE TOMAN SECRETARY 3.00
Officer Director
$0 $0 $0
MICHAEL GIBSON TREASURER 3.00
Officer Director
$0 $0 $0
DR URLA MARCUS DIRECTOR 1.00
Director
$0 $0 $0
ROGER BROER DIRECTOR 1.00
Director
$0 $0 $0
DELLA BURNS DIRECTOR 1.00
Director
$0 $0 $0
F JOSEPH DUBRAY DIRECTOR 1.00
Director
$0 $0 $0
HANK FRIDELL DIRECTOR 1.00
Director
$0 $0 $0
DR SID GOSS DIRECTOR 1.00
Director
$0 $0 $0
JERAD HIGMAN DIRECTOR 1.00
Director
$0 $0 $0
MARK HUTCHINGS DIRECTOR 1.00
Director
$0 $0 $0
LLOYD LACROIX DIRECTOR 1.00
Director
$0 $0 $0
BOB LEECH DIRECTOR 1.00
Director
$0 $0 $0
DON MONTILEAUX DIRECTOR 1.00
Director
$0 $0 $0
KAREN MORTIMER DIRECTOR 1.00
Director
$0 $0 $0
DAVID OLSON DIRECTOR 1.00
Director
$0 $0 $0
JEREMY PATTERSON DIRECTOR 1.00
Director
$0 $0 $0
DR KAY SCHALLENKAMP DIRECTOR 1.00
Director
$0 $0 $0
WES SHELTON DIRECTOR 1.00
Director
$0 $0 $0
BARRY TICE DIRECTOR 1.00
Director
$0 $0 $0
JAY D VOGT DIRECTOR 1.00
Director
$0 $0 $0
ALEXANDER ZANE ZEPHIER III DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $13,225,546 $10,021,209 $141,501,841 $3,204,337
2024 $13,596,839 $8,892,445 $136,942,010 $4,704,394
2023 $14,310,887 $8,338,706 $130,434,828 $5,972,181
2022 $29,766,686 $7,304,602 $122,222,924 $22,462,084
2021 $13,100,330 $6,445,271 $104,826,168 $6,655,059
2020 $20,566,367 $6,267,744 $99,392,674 $14,298,623
2019 $9,690,226 $6,799,284 $86,667,068 $2,890,942
2018 $12,570,092 $6,862,826 $85,515,434 $5,707,266
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