November 27, 2018By Lorraine Woellett
Revenue at the National Rifle Association (click here) fell by $54 million in 2017, a 15 percent decline that coincided with a record number of mass shootings in the U.S. and a rise in spending by gun-control groups.
The gun-rights group posted an even steeper drop in membership dues, which fell 22 percent, or $35 million, to a five-year low, according to documents the NRA filed with the Internal Revenue Service this month.
The group directed $27 million to its political arm, the Institute for Legislative Action (click here), down from 2016, a presidential election year in which the institute spent more than $76 million....
