Chickasaw Inkana Foundation

Analysis

Chickasaw Inkana Foundation is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chickasaw Inkana Foundation reported income of $22.1m and spending of $945k, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $711k to $22.1m (+3006%), an average of +136% a year. The sharpest change came in the year to December 2023, when income rose by 1636%. Over the whole period it spent 12% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chickasaw Inkana Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within MS. Charities of a similar size with the same main cause include Skirball Cultural Center ($22.1m), Conner Prairie Museum Inc ($22.1m) and Fenimore Art Museum ($22.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $40.2m against liabilities of $10.1m, net assets of $30.1m.