Thread by @timkmak

THREAD: In order to renew their license to fundraise in N Carolina, the NRA had to file a financial statement, which they labeled a 'draft'

The figures in that document show just how far the NRA has fallen since its peak in 2016.

https://twitter.com/timkmak/status/1427644556200321037

With the NRA, hard to compare apples to apple because you need two presidential years to make a good comparison.

Revenue and spending typically rise in presidential cycles as members/donors get activated.

But from 2016 to 2020, NRA dramatically shrunk in both revenue/spending

Let's take a look at revenue:

In 2016, the NRA took in approx $378 million, including $163.5 million in membership dues.

In 2020, revenue was $284 million, with $119.7 million in dues.

Taking a look at the NRA's spending:

In 2016, the NRA's total expenses were $419 million, incl $83.9 million on legislative programs.

In 2020, total expenses were $239 million, incl $29.7 million on legislative programs.

As we can tell from these figures, the NRA has been dramatically reduced in its ability to project influence, raise $$ from donors, & maintain membership dues

In 2016, the NRA outspent Trump's own super PAC. In 2020, it didn't have the resources to come through in the same way.

If you want the inside story on how the NRA's collapse happened, or to be a fly on the wall as the organization declined, then you're in luck!

I've written a book about it!

MISFIRE comes out Nov 2 but you can pre-order it now:

penguinrandomhouse.com/books/623771/m…