[Vichy] NRA Memberships Bounce Back In 2018
The report, which was handed out during the group’s latest annual meeting, shows dues went from $128,209,303 in 2017 to $170,391,374 in 2018—an increase of $42,182,071, or 33 percent. It also shows contributions rose from $132,879,299 in 2017 to $165,075,288 in 2018—an increase of $32,195,989 or 24 percent. The rise in dues came ahead of the NRA announcing it had reached 5.5 million members, a record number.
Just as a thought exercise, let’s pretend that all those memberships were $45 annuals.
170,391,374 / 45 = 3,786,474.97
Maybe someone familiar with financial reporting can help me out here. Do multi-year (and life) membership dues paid up front get reported in full for the year in which the money was received, or is it “amortized” over the membership period for reporting purposes?
I’m trying to reconcile that dues number with the claim of 5.5 million members. There could be another 1.8 million members who made their payments in a previous year.
I do find it interesting that my 3.7 million figure matches the 3.7 million magazine subscribers found by Mother Jones.
‘Twould be nice if the VNRA simply issued a report of member totals broken down by type, and how many opted not to take a magazine subscription.