Overview
- The NRA liquidated nearly $40 million of investments in 2024, leaving an investment portfolio under $33 million compared with more than $72 million a year earlier.
- Net assets dropped to almost $16 million at the end of 2024, down from about $22 million in 2023 and nearly $42 million in 2022.
- Reported liabilities totaled roughly $121.4 million at year-end 2024, an improvement from nearly $146 million a year prior.
- Membership dues revenue fell to $51.7 million in 2024 from $61.8 million in 2023, and the audit shows cuts to publications, public affairs, field services and legislative programs.
- The audit notes ongoing lawsuits with unpredictable outcomes, and outside analysts link reduced political spending to escalating legal expenses.