One way the National Rifle Association projects its power is through the image of tens of thousands of members in a convention center, in front of the politicians who back the powerful gun rights organization.
But this weekend, for the second year in a row, the NRA’s chosen convention center will stand empty, after it was forced to cancel its annual meeting due to the COVID pandemic.
The National Rifle Association planned to hold its 150th anniversary celebration during the convention, and even more importantly the second cancellation in as many years has monetary costs for the organization.
“It has a very real impact on their finances, specifically because the NRA annual meeting is the largest fundraising event of the year for this group,” said Steve Gutowski, the founder of The Reload, a pro-Second Amendment gun issue publication. “It usually features over 80,000 attendees. It’s also a big rallying point for their membership.”
The forced cancellation is the latest setback for an organization that has seen a series of financial and legal problems due to allegations of misconduct by its executives. During the last members’ meeting in April 2019, a group of members revolted on the floor as reports of financial malfeasance by NRA executives bubbled up in the press.
Members demanded a change in leadership, but executives managed to survive the rebellion, and it was the last time the NRA held its premier members gathering.
“Members have been leaving in droves as a result of the not only negligence, but perhaps pillaging and plundering of the association by the NRA leadership,” said Ron Carter, the Vice President of Save the Second, a group of NRA members that is seeking accountability within the organization. “The NRA is ineffective and unaccountable and no one can really take them seriously. That’s such a detriment to those of us who would want the Second Amendment to be expanded and protected.”
Over these past two years, the National Rifle Association has faced external threats too: New York Attorney General Letitia James has accused the organization’s leadership, including CEO Wayne LaPierre, of tens of millions of dollars in improper spending — luxurious meals, private jet travel and exotic vacations. James filed a lawsuit to dissolve the NRA due to alleged violations of the law.
In an attempt to halt the march of James’ litigation, the NRA tried to file for bankruptcy, but that bid was rejected. The NRA did not respond to an interview request on this topic.
New financial disclosures filed recently with the North Carolina Secretary of State, show that the National Rifle Association has been struggling to raise the kind of money it used to — nearly $100 million less than it did just one presidential cycle ago.
In 2020, it raised $284 million dollars, nearly 25 percent less than in 2016. And it spent just $239 million, down 43 percent from four years prior.
But the National Rifle Association isn’t doomed, far from it. The new normal may simply be a smaller NRA with a lighter footprint.
“Financially speaking, I would say it is sustainable,” said Brian Mittendorf, an accounting professor at Ohio State University who has studied the NRA’s financial state. “They seem to have a pretty robust revenue stream, pretty robust membership… It’s just going to be a much smaller version than they had in 2016.”
With deep cost cutting, the NRA has been able to match the drop in fundraising that resulted as the group became entrenched in scandal. And its opponents have been unable to pass gun control legislation into law.
“They still have five million members. That hasn’t grown since 2013. But it’s still by far the largest of any gun-related group,” Gutowski said.