UPDATED: NRA's tax returns show declines in revenue, assets, member dues; longtime leader says he's quitting

Illustration by Elizabeth Brockway, Daily Beast via Getty

Despite its reputation as an organization with a powerful political reach, the National Rifle Association has been on a downward spiral sparked by declining revenue, internal fighting and alleged mismanagement. "Over the last several years, the NRA has experienced a public implosion, as the group loses members and revenue amid serious accusations of mismanagement and corruption," reports Roger Sollenberger of The Daily Beast. 

NRA's popularity and power began to slide more than a decade ago. Sollenberger writes, "The gun rights group's tax filings and political spending over the last 15 years provides some of the clearest evidence of its downfall. . . . Its most recent tax return, filed in November of this year for 2022, reveals dramatic declines along almost every conceivable metric: revenue, assets, member dues, lobbying, and political spending — with conversely sharp increases in legal costs and deficits."

The New York Times also reported that "On the eve of a legal battle in New York, Wayne LaPierre told board members on Friday that he would step down as the longtime chief of the National Rifle Association" effective Jan. 31. The Times reported that LaPierre "has led the organization for more than three decades. But his resignation came as he faced his gravest challenge yet, a corruption trial in Manhattan amid a legal showdown with New York’s attorney general, Letitia James. Jury selection has already begun and opening arguments were scheduled for early next week."

In 2010, the NRA wielded a powerful lobby. But in the wake of extreme gun violence in the U.S., 15 GOP senators "repudiated the NRA, passing the first meaningful gun control package in decades," Sollenberger writes. "That could be a signal of the NRA's demise, but it also could be interpreted as a reaction to the surging gun violence that continues to this day."

Regardless of why and how political favor and donor sentiment have changed, "The NRA today is in a dismal state. On the income side, 2022 was the fourth year in a row that revenue fell, marking its weakest fundraising year since at least 2008," Sollenberger reports. "Membership dues are at all-time lows, according to available public data, and staffing is at the lowest point since those costs began their downward plunge in 2016." 

Despite those numbers, NRA spokesman Billy McLaughlin said in a statement to the Daily Beast that the NRA remains the largest and most effective gun rights organization.