A Deficit of $100 Million Is Confronting the N.R.A. [View All]

[MarkTwain]

A Deficit of $100 Million Is Confronting the N.R.A.
By STEPHANIE STROM
Published: December 21, 2003

Costly legal, legislative and political battles in the last decade have left the National Rifle Association with a $100 million deficit, reopening a bitter debate within the group about how it manages its money.

In the past decade the group's efforts have helped Republicans win the White House and Congress and led to laws in more than 30 states banning lawsuits against gun manufacturers. In the last year the N.R.A. helped pay for a losing legal battle against campaign finance legislation, which the Supreme Court upheld this month.



But through many of those years, according to Internal Revenue Service and N.R.A. records, the organization spent more than it took in.

Even in 2000, when gun owners helped elect George W. Bush as president, pushing N.R.A. membership to a 10-year high, expenses outstripped revenues by $20.4 million, according to I.R.S. filings.

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http://www.nytimes.com/2003/12/21/politics/21NRA.html?hp