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Scoop: The National Rifle Association's legal troubles and infighting have cost the powerful gun rights group $100 million (!!!) according to tape of an NRA board meeting obtained by NPR. https://www.npr.org/2020/04/21/839999178/secret-recording-reveals-nras-legal-troubles-have-cost-the-organization-100-mill
"The cost that we bore was probably about a hundred million dollar hit in lost revenue and real cost to this Association in 2018 and 2019," NRA CEO Wayne LaPierre said, according to tape recorded by a source in the room. "I mean, that's huge." https://www.npr.org/2020/04/21/839999178/secret-recording-reveals-nras-legal-troubles-have-cost-the-organization-100-mill
Wayne LaPierre said that the NRA has needed to cut its budgets by $80 million in order to deal with legal costs and lost revenue.
"We took in 2019 and 2020... about $80 million in real costs out of the NRA budget," LaPierre said. "We took it down to the studs."
"We took in 2019 and 2020... about $80 million in real costs out of the NRA budget," LaPierre said. "We took it down to the studs."
For context, the NRA and its affiliates raised more than $412 million and spent more than $423 million in 2018, the last year for which there is public reporting,
(Shoutout to @StephenGutowski who posted the financials from the 2019 annual meeting) https://www.npr.org/2020/04/21/839999178/secret-recording-reveals-nras-legal-troubles-have-cost-the-organization-100-mill
(Shoutout to @StephenGutowski who posted the financials from the 2019 annual meeting) https://www.npr.org/2020/04/21/839999178/secret-recording-reveals-nras-legal-troubles-have-cost-the-organization-100-mill
In the recording, NRA CEO Wayne LaPierre lashed out at the investigations into the NRA led by New York/DC attorneys general, comparing them to the "weaponized government" of autocratic regimes
https://www.npr.org/2020/04/21/839999178/secret-recording-reveals-nras-legal-troubles-have-cost-the-organization-100-mill
https://www.npr.org/2020/04/21/839999178/secret-recording-reveals-nras-legal-troubles-have-cost-the-organization-100-mill
In last year, NRA had its president resign, got into legal entanglements with own PR firm, gotten investigated by Congress + NY/DC AGs, had 8 board members resign, had $100 million in costs, and had to cancel their annual convention due to Coronavirus. https://www.npr.org/2020/04/21/839999178/secret-recording-reveals-nras-legal-troubles-have-cost-the-organization-100-mill
