It must suck to be on the other side, part 3,560

Of Arms and the Law ^ | 10 October, 2012 | David Hardy

[marktwain]

The first page of Brady Campaign's latest IRS Form 990, for 2010. By way of comparison:

Revenue Expenses Assets minus liabilities

2004 7.4 million 7.8 million 197,000

2008 4.1 million 4.2 million -838,000 (yes, a negative)

2009 3.4 million 3.6 million -564,000

2010 2.8 million 3.1 million -768,000

Their donor base is spiraling down, they haven't been able to cut expenses that far, and I assume are covering the gap by continual borrowing -- most recently, of 25% of their budget.

In 2010, salary expenses were $1.25 million and professional fundraising $228,000, meaning that over half their revenue went to those two purposes. If we take total salary expense (1.25 million) and deduct the salary for their seven best paid people ($992 K), We're left with about $258,000 payroll for anyone else. In DC, government secretaries draw $27 - 37,000, so that's probably not enough to pay a receptionist and give each of the seven a secretary. I'd guess total headquarters staffing as a dozen people or so. Salary expenses dropped by $100K between 2009 and 2010, so they probably let several people go.

Elsewhere on the form they report counting as "members" anyone who had donated $15 or more in the last two years.

[marktwain]

The economy is bad for them too. It is hard to be on the wrong side of the Constitution, the facts, and the culture. The death of the MSM is the life of the Republic.

[Flintlock]

Yeah, but our Kenyan POTUS and his Chicago Gangster crowd are all on their side.

[Roccus]

(....under the radar)

[elcid1970]

Sarah isn’t worried, Soros will provide.

The old b@stard.