TY 2024 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

A For the 2024 calendar year, or tax year beginning 01-01-2024 , and ending 12-31-2024

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
NATIONAL RIFLE ASSOCIATION OF AMERICA

Doing business as

Number and street (or P.O. box if mail is not delivered to street address)
11250 WAPLES MILL ROAD

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
FAIRFAX, VA22030

D Employer identification number

53-0116130

E Telephone number

G Gross receipts $ 217,130,736

F Name and address of principal officer:
DOUGLAS J HAMLIN
11250 WAPLES MILL ROAD
FAIRFAX,VA22030

Tax-exempt status: 501(c)(3) 501(c) ( 4 ) (insert no.) 4947(a)(1) or 527

Website:

www.nra.org

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number

K Form of organization: Corporation Trust Association Other

L Year of formation: 1871

M State of legal domicile: NY

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: FIREARMS SAFETY, EDUCATION, AND TRAINING; AND ADVOCACY ON BEHALF OF SAFE AND RESPONSIBLE GUN OWNERS
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	76
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	76
5	Total number of individuals employed in calendar year 2024 (Part V, line 2a) ......	5	487
6	Total number of volunteers (estimate if necessary) .............	6	10,616
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	18,550,676
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	61,762,345	70,349,185
9	Program service revenue (Part VIII, line 2g) .........	79,895,638	70,544,633
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	3,060,838	6,971,354
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	30,958,276	25,959,299
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	175,677,097	173,824,471
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	115,796	297,594
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	40,648,681	37,461,920
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	12,309,022	10,284,792
b	Total fundraising expenses (Part IX, column (D), line 25) 26,464,886
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	155,712,372	132,418,975
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	208,785,871	180,463,281
19	Revenue less expenses. Subtract line 18 from line 12.......	-33,108,774	-6,638,810
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	168,086,338	137,130,382
21	Total liabilities (Part X, line 26).............	145,953,175	121,425,607
22	Net assets or fund balances. Subtract line 21 from line 20.....	22,133,163	15,704,775

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name

Firm's EIN

Firm's address

Phone no.

May the IRS discuss this return with the preparer shown above? See Instructions. ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2024)

Form 990 (2024)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: PER NRA BYLAWS, TO PROTECT AND DEFEND THE U.S. CONSTITUTION; TO PROMOTE PUBLIC SAFETY, LAW AND ORDER, AND NATIONAL DEFENSE; TO TRAIN LAW ENFORCEMENT AGENCIES AND CIVILIANS IN MARKSMANSHIP; TO PROMOTE SHOOTING SPORTS AND HUNTING.

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ 77,362,281 including grants of $ 297,594 ) (Revenue $ 58,204,608 )
	NRA MEMBERSHIP SUPPORT INCLUDES PUBLICATIONS, EDUCATION AND TRAINING, FIELD SERVICES, COMPETITIVE SHOOTING, LAW ENFORCEMENT, HUNTER SERVICES, MEMBER COMMUNICATIONS SERVICES, MEMBER PROGRAMS, MEMBER SERVICES, AND FULFILLMENT OF MEMBER SERVICES. THE CHIEF VALUE OF NRA MEMBERSHIP IS IN GUN SAFETY AND TRAINING ALONG WITH REGULAR REINFORCEMENT OF THESE LESSONS AND PRINCIPLES BY KEEPING ENGAGED WITH THE COMMUNITY OF OUTDOOR LOVERS AND SAFE AND RESPONSIBLE SHOOTING ENTHUSIASTS. NRA MEMBERSHIP SUPPORT AND FULFILLMENT ARE DEDICATED TO PROVIDING NRA MEMBERS WITH HIGH QUALITY SUPPORT AS WELL AS CONTENT DELIVERED THROUGH MANY PLATFORMS. SAFE AND RESPONSIBLE GUN OWNERSHIP REMAINS THE CORNERSTONE OF EVERYTHING THE ASSOCIATION PROVIDES FOR MEMBERS.

4b	(Code: ) (Expenses $ 11,159,788 including grants of $ ) (Revenue $ )
	THE NRA INSTITUTE FOR LEGISLATIVE ACTION (HEREINAFTER REFERRED TO AS ILA) ADVOCATES ON BEHALF OF SAFE AND RESPONSIBLE GUN OWNERS. AS THE FOREMOST PROTECTOR AND DEFENDER OF THE SECOND AMENDMENT, THE NRA PROMOTES FIREARMS SAFETY, ADVOCATES AGAINST EFFORTS TO ERODE GUN RIGHTS AND FREEDOMS, FIGHTS FOR INITIATIVES AIMED AT REDUCING VIOLENT CRIME, AND PROMOTES HUNTERS' RIGHTS AND CONSERVATION EFFORTS. NRA MEMBERS RECOGNIZE THIS VITAL IMPORTANCE OF ILA'S TRUE GRASSROOTS WORK TO PRESERVE THE SECOND AMENDMENT FOR FUTURE GENERATIONS OF SHOOTERS AND OUTDOOR SPORTSMEN AND SPORTSWOMEN. THIS LEGION OF ENGAGED AND MOTIVATED MEMBERS IS THE REASON FOR THE NRA'S STRENGTH.

4c	(Code: ) (Expenses $ 6,711,028 including grants of $ ) (Revenue $ 13,676,148 )
	NRA SHOWS AND EXHIBITS INCLUDE THE NRA ANNUAL MEETINGS AND MEMBERS EXHIBIT HALL, HELD IN A DIFFERENT CITY EACH YEAR, AND OTHER SHOWS AROUND THE COUNTRY. THE ANNUAL MEETINGS AND EXHIBITS ARE PRESENTED AS A CELEBRATION OF AMERICAN FREEDOM FEATURING ACRES OF EXHIBITS, PREMIER EVENTS, EDUCATIONAL SEMINARS AND WORKSHOPS, AND FUN-FILLED ACTIVITIES FOR THE ENTIRE FAMILY.

	(Code: ) (Expenses $ 9,236,586 including grants of $ ) (Revenue $ 831,573 )
	Other program services (Describe in Schedule O.)

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 9,236,586 including grants of $ ) (Revenue $ 831,573 )
4e	Total program service expenses104,469,683

Form 990 (2024)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment

List of Attached Documents:

// Content

...

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I Click to see attachment

List of Attached Documents:

// Content

.............

Yes

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

// Content

..............

Yes

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V Click to see attachment

List of Attached Documents:

// Content

......

Yes

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

// Content

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII.......

11b

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

// Content

............

11d

Yes

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

// Content

......................

12a

Yes

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

// Content

12b

Yes

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment

List of Attached Documents:

// Content

14b

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. .... Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..... Click to see attachment

List of Attached Documents:

// Content

Yes

Form 990 (2024)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

// Content

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I .... Click to see attachment

List of Attached Documents:

// Content

25a

Yes

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I....................... Click to see attachment

List of Attached Documents:

// Content

25b

Yes

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV...................... Click to see attachment

List of Attached Documents:

// Content

28a

Yes

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....

28b

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M.. Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............ Click to see attachment

List of Attached Documents:

// Content

Yes

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1......................... Click to see attachment

List of Attached Documents:

// Content

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

Yes

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ... Click to see attachment

List of Attached Documents:

// Content

35b

Yes

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

780

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Form 990 (2024)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

487

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

Yes

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

Yes

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

Yes

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Yes

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Yes

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2024)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Yes

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Yes

Did the organization have members or stockholders? ................

Yes

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Yes

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Yes

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Yes

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

Yes

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed

CA , CO , CT , FL , GA , AL , HI , IL , KS , KY , LA , ME , AK , MD , MA , MN , MS , MO , NH , NJ , NM , NY , NC , ND , OH , OK , OR , PA , RI , SC , TN , UT , VA , AR , WA , WV , WI

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
MICHAEL J ERSTLING TREASURER AND CHIEF FINANCIAL OFFICER11250 WAPLES MILL RD FAIRFAX,VA22030 (703) 267-1000

Form 990 (2024)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) BOB BARR...................................................................... FIRST VICE PRESIDENT UNTIL 05/20/2024 & PRESIDENT STARTED 5/20/2024	30.0 ................. 5.0	X	X	0	0	0
(2) CHARLES L COTTON...................................................................... PRESIDENT UNTIL 05/20/2024 & BOARD DIRECTOR	25.0 ................. 1.0	X	X	0	0	0
(3) DAVID G COY...................................................................... SECOND VICE PRESIDENT UNTIL 05/20/2024 & BOARD DIRECTOR	24.0 ................. 0	X	X	0	0	0
(4) MARK E VAUGHAN...................................................................... SECOND VICE PRESIDENT STARTED 05/20/2024 & BOARD DIRECTOR	18.0 ................. 0	X	X	0	0	0
(5) WILLIAM A BACHENBERG...................................................................... FIRST VICE PRESIDENT STARTED 05/20/2024 & BOARD DIRECTOR	50.0 ................. 0	X	X	0	0	0
(6) AL HAMMOND...................................................................... BOARD DIRECTOR	20.0 ................. 0	X		0	0	0
(7) AMANDA SUFFECOOL...................................................................... BOARD DIRECTOR	15.0 ................. 0	X		0	0	0
(8) AMY HEATH LOVATO...................................................................... BOARD DIRECTOR	5.0 ................. 0	X		0	0	0
(9) ANTHONY P COLANDRO...................................................................... BOARD DIRECTOR	4.0 ................. 0	X		0	0	0
(10) ANTONIO HERNANDEZ...................................................................... BOARD DIRECTOR UNTIL 5/18/2024	3.0 ................. 0	X		0	0	0
(11) BARBARA RUMPEL...................................................................... BOARD DIRECTOR	3.0 ................. 6.0	X		0	0	0
(12) BILL MILLER...................................................................... BOARD DIRECTOR	1.0 ................. 0	X		0	0	0
(13) BLAINE WADE...................................................................... BOARD DIRECTOR	3.0 ................. 0.5	X		0	0	0
(14) BRUCE WIDENER...................................................................... BOARD DIRECTOR	1.0 ................. 0	X		0	0	0
(15) CARL T ROWAN JR...................................................................... BOARD DIRECTOR UNTIL 05/18/2024	1.0 ................. 0	X		0	0	0
(16) CAROL FRAMPTON...................................................................... BOARD DIRECTOR	5.0 ................. 1.0	X		0	0	0
(17) CAROLYN D MEADOWS...................................................................... BOARD DIRECTOR	1.0 ................. 1.0	X		0	0	0

Form 990 (2024)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)					(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) CATHY WRIGHT........................................................................ BOARD DIRECTOR	12.0 .......................0	X					0	0	0
(19) CHARLES R BEERS........................................................................ BOARD DIRECTOR	10.0 .......................1.0	X					0	0	0
(20) CHARLES T HILTUNEN III........................................................................ BOARD DIRECTOR	25.0 .......................0	X					0	0	0
(21) CLEL BAUDLER........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(22) CRAIG HAGGARD........................................................................ BOARD DIRECTOR STARTED 05/18/2024	1.0 .......................0	X					0	0	0
(23) CRAIG SWARTZ........................................................................ BOARD DIRECTOR	4.0 .......................0	X					0	0	0
(24) CURTIS S JENKINS........................................................................ BOARD DIRECTOR	1.0 .......................2.0	X					0	0	0
(25) DANNY STOWERS........................................................................ BOARD DIRECTOR	4.0 .......................0	X					0	0	0
(26) DAVID A KEENE........................................................................ BOARD DIRECTOR UNTIL 05/18/2024	1.5 .......................1.0	X					0	0	0
(27) DAVID A RANEY........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(28) DAVID NORCROSS........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(29) DEAN CAIN........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(30) DENNIS FUSARO........................................................................ BOARD DIRECTOR STARTED 05/18/2024	1.0 .......................0	X					0	0	0
(31) DON SABA........................................................................ BOARD DIRECTOR	15.0 .......................0	X					0	0	0
(32) DONALD J BRADWAY........................................................................ BOARD DIRECTOR	2.5 .......................0	X					0	0	0
(33) DWIGHT D VAN HORN........................................................................ BOARD DIRECTOR	4.0 .......................2.5	X					0	0	0
(34) EB WILKINSON........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(35) EDIE P FLEEMAN........................................................................ BOARD DIRECTOR	5.0 .......................0	X					0	0	0
(36) GREER JOHNSON........................................................................ BOARD DIRECTOR STARTED 09/26/2024	1.0 .......................1.0	X					0	0	0
(37) HOWARD J WALTER........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(38) ISAAC DEMAREST........................................................................ BOARD DIRECTOR	2.0 .......................0	X					0	0	0
(39) J KENNETH BLACKWELL........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(40) J WILLIAM CARTER........................................................................ BOARD DIRECTOR	2.6 .......................2.0	X					0	0	0
(41) JAMES CHAPMAN........................................................................ BOARD DIRECTOR UNTIL 05/18/2024	1.0 .......................0	X					0	0	0
(42) JAMES L WALLACE........................................................................ BOARD DIRECTOR	10.0 .......................0	X					0	0	0
(43) JAMES W PORTER II........................................................................ BOARD DIRECTOR	1.0 .......................2.0	X					0	0	0
(44) JANET D NYCE........................................................................ BOARD DIRECTOR	15.0 .......................0	X					0	0	0
(45) JAY PRINTZ........................................................................ BOARD DIRECTOR	3.0 .......................0	X					0	0	0
(46) JEFF KNOX........................................................................ BOARD DIRECTOR STARTED 05/18/2024	10.0 .......................0	X					0	0	0
(47) JIM TOMES........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(48) JOE M ALLBAUGH........................................................................ BOARD DIRECTOR	1.0 .......................1.0	X					0	0	0
(49) JOEL FRIEDMAN........................................................................ BOARD DIRECTOR	1.0 .......................1.0	X					0	0	0
(50) JOHN C SIGLER........................................................................ BOARD DIRECTOR	6.0 .......................2.0	X					0	0	0
(51) JOHNNY NUGENT........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(52) JUDI WHITE........................................................................ BOARD DIRECTOR	6.0 .......................0	X					0	0	0
(53) KIM RHODE........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(54) LARRY E CRAIG........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(55) LEROY SISCO........................................................................ BOARD DIRECTOR	3.5 .......................0	X					0	0	0
(56) LINDA L WALKER........................................................................ BOARD DIRECTOR	25.0 .......................0	X					0	0	0
(57) MARIA HEIL........................................................................ BOARD DIRECTOR	25.0 .......................5.0	X					0	0	0
(58) MARION P HAMMER........................................................................ BOARD DIRECTOR UNTIL 09/26/2024	1.0 .......................0	X					110,000	0	0
(59) MARK ROBINSON........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(60) MATT BLUNT........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(61) MITZY MCCORVEY........................................................................ BOARD DIRECTOR	17.5 .......................0	X					0	0	0
(62) NIGER INNIS........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(63) OWEN BUZ MILLS........................................................................ BOARD DIRECTOR	20.0 .......................0	X					0	0	0
(64) PATRICIA A CLARK........................................................................ BOARD DIRECTOR	3.5 .......................0	X					0	0	0
(65) PAUL D BABAZ........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(66) PHILLIP B JOURNEY........................................................................ BOARD DIRECTOR STARTED 05/18/2024	15.0 .......................0	X					0	0	0
(67) RICK ECTOR........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(68) ROBERT E MANSELL........................................................................ BOARD DIRECTOR	15.0 .......................0	X					0	0	0
(69) ROBERT WOS........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(70) ROCKY MARSHALL........................................................................ BOARD DIRECTOR STARTED 05/18/2024	30.0 .......................0	X					0	0	0
(71) RONALD L SCHMEITS........................................................................ BOARD DIRECTOR	1.8 .......................5.0	X					0	0	0
(72) RONNIE G BARRETT........................................................................ BOARD DIRECTOR	1.0 .......................1.0	X					0	0	0
(73) SANDRA S FROMAN........................................................................ BOARD DIRECTOR	9.0 .......................0	X					0	0	0
(74) SCOTT L BACH........................................................................ BOARD DIRECTOR	15.0 .......................5.0	X					0	0	0
(75) STEVEN C SCHREINER........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(76) STEVEN W DULAN........................................................................ BOARD DIRECTOR	5.0 .......................0	X					0	0	0
(77) TED W CARTER........................................................................ BOARD DIRECTOR	3.0 .......................0	X					660	0	0
(78) THOMAS P ARVAS........................................................................ BOARD DIRECTOR	2.5 .......................2.5	X					0	0	0
(79) TODD R ELLIS........................................................................ BOARD DIRECTOR	10.0 .......................0	X					0	0	0
(80) TOM KING........................................................................ BOARD DIRECTOR	12.0 .......................15.0	X					0	0	0
(81) WAYNE ANTHONY ROSS........................................................................ BOARD DIRECTOR	1.0 .......................0	X					0	0	0
(82) WILLES K LEE........................................................................ BOARD DIRECTOR	18.0 .......................0.0	X					0	0	0
(83) ANDREW A ARULANANDAM........................................................................ INT EXECUTIVE VICE PRESIDENT UNTIL 05/19/2024	40.0 .......................1.0		X				411,647	0	18,317
(84) DOUGLAS J HAMLIN........................................................................ EXECUTIVE VICE PRESIDENT STARTED 05/20/2024	55.0 .......................1.0		X				544,228	0	79,297
(85) JOHN C FRAZER........................................................................ SECRETARY	50.0 .......................0		X				301,751	0	61,803
(86) JOHN S COMMERFORD........................................................................ EXECUTIVE DIRECTOR, ILA STARTED 12/03/2024	55.0 .......................1.0		X				256,923	0	34,339
(87) JOSH R SAVANI........................................................................ EXECUTIVE DIRECTOR, GO STARTED 12/02/2024	50.0 .......................1.0		X				214,038	0	27,538
(88) RANDY J KOZUCH........................................................................ EXECUTIVE DIRECTOR ILA UNTIL 12/02/2024	40.0 .......................1.0		X				496,167	0	58,949
(89) ROBERT J MENSINGER........................................................................ CHIEF COMPLIANCE OFFICER STARTED 05/20/2024	50.0 .......................0		X				349,702	0	25,586
(90) SONYA B ROWLING........................................................................ TREASURER & CFO	37.0 .......................13.0		X				415,470	0	19,911
(91) WAYNE R LAPIERRE........................................................................ EXECUTIVE VICE PRESIDENT UNTIL 01/31/2024	60.0 .......................1.0		X				1,134,029	0	17,204
(92) DEREK S ROBINSON........................................................................ MANAGING DIRECTOR, MEMBERSHIP	40.0 .......................0			X			247,485	0	61,270
(93) MIKE SANFORD........................................................................ DEPUTY EXECUTIVE DIRECTOR, PUBLICATIONS	50.0 .......................0			X			234,978	0	36,040
(94) TYLER T SCHROPP........................................................................ EXECUTIVE DIRECTOR, ADVANCEMENT UNTIL 08/01/2024	30.0 .......................20.0			X			887,823	0	58,106
(95) JENNIFER L BRIEMANN........................................................................ DEPUTY EXECUTIVE DIRECTOR, ILA	40.0 .......................1.0				X		322,234	0	58,684
(96) MARSHALL J FLEMION........................................................................ MANAGING DIRECTOR, INTEGRATED MARKETING	40.0 .......................0				X		279,275	0	32,423
(97) MICHAEL J ERSTLING........................................................................ DIRECTOR OF FINANCE	40.0 .......................0				X		237,002	0	79,001
(98) NEIL COURTNEY OLSON........................................................................ DIRECTOR, WESTERN SALES	55.0 .......................0				X		236,957	0	59,175
(99) THOMAS R TEDRICK........................................................................ MANAGING DIRECTOR FINANCE	23.0 .......................18.0				X		291,636	0	38,738
(100) JOSEPH P DEBERGALIS JR........................................................................ EXECUTIVE DIRECTOR GO UNTIL 12/06/2023	0.0 .......................0					X	392,143	0	0

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	7,364,148	0	766,381

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 102

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

Yes

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
BREWER ATTORNEYS AND COUNSELORS 1717 MAIN ST SUITE 5900 DALLAS,TX75201	LEGAL SERVICES	22,118,491
MEMBERSHIP ADVISORS FUNDRAISING LLC 11250 WAPLES MILL RD FAIRFAX,VA22030	MEMBERSHIP CONSULTING	8,620,000
INFOCISION MANAGEMENT CORP 325 SPRINGSIDE DR AKRON,OH44333	TELEMARKETING AND MEMBER SERVICES	6,025,577
COMMUNICATIONS CORP OF AMERICA 13129 AIRPARK DRIVE SUITE 120 ELKWOOD,VA22718	PRINTING AND MAILING SERVICES	5,530,125
QUADGRAPHICS N61 W23044 HARRYS WAY SUSSEX,WI53089	MAGAZINE PRINTING	4,947,632
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 91

Form 990 (2024)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c	550,440
d	Related organizations		1d	7,579,321
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	62,219,424

g	Noncash contributions included in lines 1a - 1f:$		1g	975,553

h Total. Add lines 1a-1f.......		70,349,185

		Business Code
2a	MEMBER DUES	813410	51,702,106	51,702,106
b	PROGRAM FEES	813410	18,842,527	18,842,527
c
d
e
f	All other program service revenue.		0	0	0	0
g	Total. Add lines 2a–2f .....		70,544,633

3 Investment income (including dividends, interest, and othersimilar amounts) ......			865,432			865,432
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........			5,111,948			5,111,948
			(i) Real	(ii) Personal
6a	Gross rents	6a	936,359
b	Less: rental expenses	6b	1,350,518
c	Rental income or (loss)	6c	-414,159	0
d	Net rental income or (loss).......			-414,159
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	46,327,765
b	Less: cost or other basis and sales expenses	7b	40,221,843
c	Gain or (loss)	7c	6,105,922	0
d	Net gain or (loss).........			6,105,922			6,105,922
8a	Gross income from fundraising events (not including $ 550,440of contributions reported on line 1c). See Part IV, line 18 ....
			8a	670,735
b	Less: direct expenses ...		8b	541,756
c	Net income or (loss) from fundraising events..			128,979			128,979
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a	2,185,047
b	Less: cost of goods sold ..		10b	1,192,148
c	Net income or (loss) from sales of inventory..			992,899	1,004,494	-11,595

Business Code
11a	ADVERTISING		541800	18,672,514		18,672,514
b	Other Revenue		900009	1,163,202	1,163,202
c	OTHER UNRELATED BUSINESS ACTIVITY		900004	303,916		303,916
d	All other revenue ....			0	0	0	0
e	Total. Add lines 11a–11d ......			20,139,632
12	Total revenue. See instructions.....			173,824,471	72,712,329	18,550,676	12,212,281

Form 990 (2024)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	292,594	292,594
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	5,000	5,000
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	0	0
4	Benefits paid to or for members .......	0	0
5	Compensation of current officers, directors, trustees, and key employees ...........	6,103,261	1,077,779	3,372,343	1,653,139
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	22,814,796	15,173,934	4,907,443	2,733,419
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	2,412,863	1,268,033	883,888	260,942
9	Other employee benefits .......	4,197,282	2,346,124	1,397,238	453,920
10	Payroll taxes ...........	1,933,718	1,080,877	643,717	209,124
11	Fees for services (non-employees):
a	Management ......	0	0
b	Legal .........	37,979,710	3,812,474	34,167,236	0
c	Accounting ...........	504,400	0	504,400
d	Lobbying ...........	669,876	669,876
e	Professional fundraising services. See Part IV, line 17	10,284,792			10,284,792
f	Investment management fees ......	28,067		28,067
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	3,643,385	3,643,385	0	0
12	Advertising and promotion ....	5,785,117	959,125		4,825,992
13	Office expenses .......	2,229,380	1,902,730	326,650	0
14	Information technology ......	3,252,884	1,642,841	1,610,043
15	Royalties ..	0	0
16	Occupancy ...........	1,919,154	1,057,454	861,700
17	Travel ............	3,000,068	2,400,876	599,192
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0	0
19	Conferences, conventions, and meetings ....	5,591,194	3,496,107	2,095,087
20	Interest ...........	1,323,635	847,360	476,275
21	Payments to affiliates .......	0	0
22	Depreciation, depletion, and amortization ..	2,124,108	1,694,304	429,804
23	Insurance ...	4,777,537	4,777,537
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	MEMBER COMMUNICATIONS	22,876,427	17,399,224		5,477,203
b	PRINTING AND PUBLICATIONS	19,878,117	19,878,117
c	TRAINING AND COMMUNICATIONS	14,180,283	14,180,283
d	OTHER (SEE SCHEDULE O FOR DETAILS)	1,469,274	3,677,290	-2,774,371	566,355
e	All other expenses	1,186,359	1,186,359	0	0
25	Total functional expenses. Add lines 1 through 24e	180,463,281	104,469,683	49,528,712	26,464,886
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2024)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........				1
2	Savings and temporary cash investments .........			6,722,128	2	16,034,800
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			13,042,837	4	13,201,357
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				0	5	0
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				0	6	0
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............			6,560,354	8	5,614,462
9	Prepaid expenses and deferred charges ......			4,462,082	9	3,473,401
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	79,422,285
b	Less: accumulated depreciation	10b	57,105,713	23,316,497	10c	22,316,572
11	Investments—publicly traded securities .			71,912,814	11	32,382,257
12	Investments—other securities. See Part IV, line 11 .....			0	12
13	Investments—program-related. See Part IV, line 11 ..			0	13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			42,069,626	15	44,107,533
16	Total assets. Add lines 1 through 15 (must equal line 33)...			168,086,338	16	137,130,382

17	Accounts payable and accrued expenses .....	47,855,994	17	43,276,841
18	Grants payable ...		18
19	Deferred revenue .........	47,033,398	19	50,572,059
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
		0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	49,627,891	23	25,559,776
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	1,435,892	25	2,016,931
26	Total liabilities. Add lines 17 through 25..	145,953,175	26	121,425,607

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	-39,977,535	27	-52,195,997
28	Net assets with donor restrictions ...........	62,110,698	28	67,900,772
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	22,133,163	32	15,704,775
33	Total liabilities and net assets/fund balances ........	168,086,338	33	137,130,382

Form 990 (2024)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

173,824,471

Total expenses (must equal Part IX, column (A), line 25) ............

180,463,281

Revenue less expenses. Subtract line 2 from line 1 ..............

-6,638,810

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

22,133,163

Net unrealized gains (losses) on investments ...............

-4,662,855

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

4,873,277

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

15,704,775

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Form 990 (2024)

Additional Data

Software ID:	24020961
Software Version:	2024v5.1

Form 990, Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

Name of the organization

NATIONAL RIFLE ASSOCIATION OF AMERICA

Employer identification number

53-0116130

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025) Page 2

Name of organization NATIONAL RIFLE ASSOCIATION OF AMERICA

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 3

Name of organization NATIONAL RIFLE ASSOCIATION OF AMERICA		Employer identification number 53-0116130

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 4


Name of organization NATIONAL RIFLE ASSOCIATION OF AMERICA			Employer identification number 53-0116130
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	24020961
Software Version:	2024v5.1

- TIN:

SCHEDULE C
(Form 990)

Department of the Treasury
Internal Revenue Service

Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

right arrow

Complete if the organization is described below. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public
Inspection

If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet

Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet

Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet

Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet

Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet

Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet

Section 501(c)(4), (5), or (6) organizations: Complete Part III.

Name of the organization

NATIONAL RIFLE ASSOCIATION OF AMERICA

Employer identification number

53-0116130

Part I-A

Complete if the organization is exempt under section 501(c) or is a section 527 organization.

Provide a description of the organization’s direct and indirect political campaign activities in Part IV. See instructions for definition of “political campaign activities."

Political campaign activity expenditures. See instructions .................................................................... right arrow

$ 978,181

Volunteer hours for political campaign activities. See instructions ..................................................................

12,600

Part I-B

Complete if the organization is exempt under section 501(c)(3).

Enter the amount of any excise tax incurred by the organization under section 4955 ................................ right arrow

Enter the amount of any excise tax incurred by organization managers under section 4955 ....................... right arrow

If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................

Yes No

Was a correction made? ......................................................................................................................

Yes No

If "Yes," describe in Part IV.

Part I-C

Complete if the organization is exempt under section 501(c), except section 501(c)(3).

Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... right arrow

$ 0

Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................ right arrow

$ 0

Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b........... right arrow

$ 0

Did the filing organization file Form 1120-POL for this year? ...................................................................

Yes No

Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
(1) NRA POLITICAL VICTORY FUND (SEE PARTS I-A AND IV)	11250 Waples Mill Rd Fairfax,VA22030	52-1083020	0	430
(2) REPUBLICAN ATTORNEYS GENERAL ASSOCIATION	1747 PENNSYLVANIA AVE NW STE 800 WASHINGTON,DC20006	46-4501717	125,000
(3) REPUBLICAN GOVERNORS ASSOCIATION	1747 PENNSYLVANIA AVE NW STE 250 WASHINGTON,DC20006	11-3655877	195,000
(4) REPUBLICAN STATE LEADERSHIP COMMITTEE	1201 F STREET NW SUITE 675 WASHINGTON,DC20004	05-0532524	25,000
5
6

For Paperwork Reduction Act Notice, see the instructions for Form 990.

Cat. No. 50084S

Schedule C (Form 990) 2024

Page 2

Part II-A

Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).

A Check right arrow

if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures).
B Check right arrow

if the filing organization checked box A and "limited control" provisions apply.

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)		(b) Affiliated group totals
1a	Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................
b	Total lobbying expenditures to influence a legislative body (direct lobbying) ........................
c	Total lobbying expenditures (add lines 1a and 1b) ............................................................
d	Other exempt purpose expenditures ...............................................................................
e	Total exempt purpose expenditures (add lines 1c and 1d) ..................................................
f	Lobbying nontaxable amount. Enter the amount from the following table in both columns.
	If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
	Not over $500,00020% of the amount on line 1e.
	Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
	Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
	Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
	Over $17,000,000$1,000,000.

g	Grassroots nontaxable amount (enter 25% of line 1f) .................................................
h	Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................
i	Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................
j	If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax for this year? ...................................................................................................................	Yes No

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2021	(b) 2022	(c) 2023	(d) 2024	(e) Total

2a	Lobbying nontaxable amount

b	Lobbying ceiling amount (150% of line 2a, column(e))

c	Total lobbying expenditures

d	Grassroots nontaxable amount

e	Grassroots ceiling amount (150% of line 2d, column (e))

f	Grassroots lobbying expenditures

Schedule C (Form 990) 2024

Page 3

Part II-B

Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).

For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.

(a)

Yes

(b)

Amount

During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:

Volunteers? ...........................................................................................................

Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........

Media advertisements? ...................................................................................................

Mailings to members, legislators, or the public? .............................................................................

Publications, or published or broadcast statements? ...........................................................

Grants to other organizations for lobbying purposes? ..........................................................

Direct contact with legislators, their staffs, government officials, or a legislative body? .......................

Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................

Other activities? ...................................................................................................................

Total. Add lines 1c through 1i ....................................................................................................

Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....

If "Yes," enter the amount of any tax incurred under section 4912 ...........................................

If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................

If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................

Part III-A

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).

Yes

Were substantially all (90% or more) dues received nondeductible by members? ...............................................

Yes

Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................

Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................

Part III-B

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."

Dues, assessments and similar amounts from members ......................................................................

Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).

Current year .............................................................................................................................

Carryover from last year ............................................................................................................

Total ...........................................................................................................................................

Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .

If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................

Taxable amount of lobbying and political expenditures. See Instructions .........................................

Part IV

Supplemental Information

Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.

Return Reference	Explanation
Schedule C, Part I-C, Line 5 POLITICAL ACTION COMMITTEE	THE NRA POLITICAL VICTORY FUND, AN INDEPENDENT POLITICAL ACTION COMMITTEE (PAC) OF THE NRA, DIRECTLY RECEIVED CONTRIBUTIONS DURING 2024 OF $5,592,105.
Schedule C, Part I-A, Line 1 Description of Political Activities	IN 2024, THE NRA PAID $978,181 FUNDRAISING AND ADMINISTRATIVE EXPENSES FOR THE SEPARATE SEGREGATED FUND, AND NRA POLITICAL VICTORY FUND. THE NRA ENGAGED IN ACTIVITIES IN SUPPORT OF ITS MISSION, WHICH INCLUDES PROTECTING AND DEFENDING THE CONSTITUTION OF THE UNITED STATES, ESPECIALLY WITH REFERENCE TO THE INALIENABLE RIGHT OF INDIVIDUAL AMERICAN CITIZENS GUARANTEED BY SUCH CONSTITUTION TO ACQUIRE, POSSESS, COLLECT, EXHIBIT, TRANSPORT, CARRY, TRANSFER OWNERSHIP OF, AND ENJOY THE RIGHT TO USE ARMS, IN ORDER THAT THE PEOPLE MAY ALWAYS BE IN A POSITION TO EXERCISE THEIR LEGITIMATE INDIVIDUAL RIGHTS OF SELF-PRESERVATION AND DEFENSE OF FAMILY, PERSON, AND PROPERTY. IN PURSUIT OF THESE GOALS OF THE ASSOCIATION, THE NRA SPENT FUNDS DIRECTLY AND INDIRECTLY ON POLITICAL ACTIVITIES. THE NRA IS ORGANIZED PRIMARILY TO PROMOTE SOCIAL WELFARE AND ALSO ENGAGES IN POLITICAL ACTIVITIES ON BEHALF OF OR IN OPPOSITION TO CANDIDATES FOR POLITICAL OFFICE, AS ALLOWED BY LAW. BY ANY MEASURE, THE AMOUNT OF FUNDS SPENT BY THE NRA ON POLITICAL ACTIVITIES IS INSUBSTANTIAL IN COMPARISON TO ITS OVERALL ACTIVITIES. THE SEPARATE SEGREGATED FUND IS A SEPARATE ENTITY FOR TAX PURPOSES.

Return Reference

Explanation

Schedule C, Part I-C, Line 5 POLITICAL ACTION COMMITTEE

THE NRA POLITICAL VICTORY FUND, AN INDEPENDENT POLITICAL ACTION COMMITTEE (PAC) OF THE NRA, DIRECTLY RECEIVED CONTRIBUTIONS DURING 2024 OF $5,592,105.

Schedule C, Part I-A, Line 1 Description of Political Activities

IN 2024, THE NRA PAID $978,181 FUNDRAISING AND ADMINISTRATIVE EXPENSES FOR THE SEPARATE SEGREGATED FUND, AND NRA POLITICAL VICTORY FUND. THE NRA ENGAGED IN ACTIVITIES IN SUPPORT OF ITS MISSION, WHICH INCLUDES PROTECTING AND DEFENDING THE CONSTITUTION OF THE UNITED STATES, ESPECIALLY WITH REFERENCE TO THE INALIENABLE RIGHT OF INDIVIDUAL AMERICAN CITIZENS GUARANTEED BY SUCH CONSTITUTION TO ACQUIRE, POSSESS, COLLECT, EXHIBIT, TRANSPORT, CARRY, TRANSFER OWNERSHIP OF, AND ENJOY THE RIGHT TO USE ARMS, IN ORDER THAT THE PEOPLE MAY ALWAYS BE IN A POSITION TO EXERCISE THEIR LEGITIMATE INDIVIDUAL RIGHTS OF SELF-PRESERVATION AND DEFENSE OF FAMILY, PERSON, AND PROPERTY. IN PURSUIT OF THESE GOALS OF THE ASSOCIATION, THE NRA SPENT FUNDS DIRECTLY AND INDIRECTLY ON POLITICAL ACTIVITIES. THE NRA IS ORGANIZED PRIMARILY TO PROMOTE SOCIAL WELFARE AND ALSO ENGAGES IN POLITICAL ACTIVITIES ON BEHALF OF OR IN OPPOSITION TO CANDIDATES FOR POLITICAL OFFICE, AS ALLOWED BY LAW. BY ANY MEASURE, THE AMOUNT OF FUNDS SPENT BY THE NRA ON POLITICAL ACTIVITIES IS INSUBSTANTIAL IN COMPARISON TO ITS OVERALL ACTIVITIES. THE SEPARATE SEGREGATED FUND IS A SEPARATE ENTITY FOR TAX PURPOSES.

Schedule C (Form 990) 2024

Additional Data

Software ID:	24020961
Software Version:	2024v5.1

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

NATIONAL RIFLE ASSOCIATION OF AMERICA

Employer identification number

53-0116130

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
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Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
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Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) (Rev. 1-2025)

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....	25,901,163	24,039,027	29,557,115	26,994,735	23,512,538
b	Contributions ...	800,647	951,690	1,273,668	2,024,792	2,016,809
c	Net investment earnings, gains, and losses	3,875,749	1,069,039	-6,606,585	767,930	1,540,277
d	Grants or scholarships ...	120,938	62,207	99,932	126,782	25,000
e	Other expenditures for facilities and programs ...	0			0	0
f	Administrative expenses ....	130,557	96,386	85,239	103,560	49,889
g	End of year balance ......	30,326,064	25,901,163	24,039,027	29,557,115	26,994,735

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

0 %

Permanent endowment right arrow

100 %

Term endowment right arrow

0 %

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

Yes

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Yes

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	5,380,792		5,380,792
b	Buildings ....	58,085,235	41,707,237	16,377,998
c	Leasehold improvements
d	Equipment ....	15,956,258	15,398,476	557,782
e	Other .....
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				22,316,572

Schedule D (Form 990) (Rev. 1-2025)

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)Other				3,626,918
(2)Due From NRA FOUNDATION				38,052,092
(3)DUE From NRA CIVIL RIGHTS DEFFENSE FUND				362,613
(4)Due From NRA SPECIAL CONTRIBUTION FUND				321,253
(5)Due From NRA Victory Fund				0
(6)Due From Freedom Action Foundation				0
(7)Finance Lease right-of-use-asset				1,744,657
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				44,107,533

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
Federal Income Taxes
CAPITAL LEASE ARRANGEMENT	168,329
ACCRUED SALES AND USE TAXES	50,000
FINANCE TYPE LEASE	1,798,602
Derivative instrument market valuation




Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	2,016,931
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) (Rev. 1-2025)

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	175,224,265
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	-4,662,855
b	Donated services and use of facilities .........	2b	0
c	Recoveries of prior year grants ...........	2c	0
d	Other (Describe in Part XIII.) ...........	2d	3,519,983
e	Add lines 2a through 2d .....................			2e	-1,142,872
3	Subtract line 2e from line 1..................			3	176,367,137
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b	-2,542,666
c	Add lines 4a and 4b....................			4c	-2,542,666
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	173,824,471

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	183,005,947
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a	0
b	Prior year adjustments ............	2b	0
c	Other losses ................	2c	0
d	Other (Describe in Part XIII.) ...........	2d	2,542,666
e	Add lines 2a through 2d....................			2e	2,542,666
3	Subtract line 2e from line 1...................			3	180,463,281
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	0
b	Other (Describe in Part XIII.) ...........	4b	0
c	Add lines 4a and 4b.....................			4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	180,463,281

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
Schedule D, Part X, Line 1 Other Liabilities-TAXES	THIS INFORMATIONAL NOTE REGARDS THE NRA'S TAXES. STATE AND LOCAL TAXES PAID BY THE NRA INCLUDE SALES AND USE TAXES, REAL ESTATE AND PERSONAL PROPERTY TAXES, AMUSEMENT TAXES, AND STATE UNEMPLOYMENT TAXES. THE LIABILITY SHOWN ON SCHEDULE D, PART X FOR ACCRUED SALES AND USE TAXES RELATES TO TIMING AND IS A SMALL FRACTION OF TAXES PAID DURING THE YEAR. ADDITIONAL NOTES REGARDING THE NRA'S TAXES ARE SHARED ON SCHEDULE C REGARDING 527(F) PROXY TAXES AND ON SCHEDULE O REGARDING UNRELATED BUSINESS INCOME TAXES.
Schedule D, Part III, Line 4 Collections of art - description of collections	THIS RESPONSE DESCRIBES THE MUSEUM COLLECTIONS WHICH ARE HELD BY THE NRA AND ITS RELATED ORGANIZATIONS AND CURATED BY NRA EMPLOYEES. THE NRA MUSEUMS PROMOTE GUN COLLECTING AND PRESERVATION OF HISTORY THOUGH FIREARMS. THE NRA MUSEUMS INCLUDE THE NATIONAL FIREARMS MUSEUM IN FAIRFAX, VIRGINIA: THE FRANK BROWNELL MUSEUM OF THE SOUTHWEST IN RATON, NEW MEXICO; AND THE NRA NATIONAL SPORTING ARMS MUSEUM AT BASS PRO SHOPS IN SPRINGFIELD, MISSOURI. TO MAKE THE NRA MUSEUMS THE FINEST POSSIBLE RESOURCE FOR THE PUBLIC, THE NRA AND ITS AFFILIATED CHARITIES RELY ON GENEROUS SUPPORTERS TO BUILD THE EXHIBITION AND RESEARCH COLLECTIONS THROUGH COLLECTIONS OF HISTORICALLY SIGNIFICANT FIREARMS. PLEASE VISIT NRAMUSEUMS.ORG FOR CURRENT INFORMATION ON THE MUSEUM GALLERIES.
Schedule D, Part V, Line 4 Intended uses of endowment funds	THIS RESPONSE DESCRIBES THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS. THE ENDOWMENT FUNDS BENEFIT A DIVERSE RANGE OF PHILANTHROPIC INTERESTS, INCLUDING TRAINING IN MARKSMANSHIP, NATIONAL SHOOTING CHAMPIONSHIPS, WOMEN'S LEADERSHIP, HUNTERS' LEADERSHIP, RECREATIONAL SHOOTING, LAW ENFORCEMENT, NRA MUSEUMS, AND THE NATIONAL ENDOWMENT FOR THE PROTECTION OF THE SECOND AMENDMENT.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote	THIS RESPONSE PROVIDES THE TEXT OF THE FOOTNOTE TO THE ORGANIZATION'S FINANCIALSTATEMENTS IN ACCORDANCE WITH FASB ASC 740. THE NRA IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND FROM STATE INCOME TAXES. THE NRA ACTIVITIES THAT CAUSE IMPOSITION OF THE UNRELATED BUSINESS INCOME TAX PROVISION OF THE CODE RESULT IN NO SIGNIFICANT TAX LIABILITY. THE NRA FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE NRA MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE NRA'S TAX POSITIONS AND CONCLUDED THAT THE NRA HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. TAX YEARS FROM 2021 THROUGH THE CURRENT YEAR REMAIN OPEN FOR EXAMINATION BY TAX AUTHORITIES.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990	AGENCY TRANSACTIONS BETWEEN THE NRA AND NRA FOUNDATION - 3519983
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements	RENT EXPENSE - -1350518 MEMBERSHIP - COST OF GOODS SOLD - -1192148
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990	RENT EXPENSE - 1350518 MEMBERSHIP - COST OF GOODS SOLD - 1192148

Schedule D (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	24020961
Software Version:	2024v5.1

- TIN:

SCHEDULE F(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. Right arrow

Attach to Form 990. Right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization
NATIONAL RIFLE ASSOCIATION OF AMERICA

Employer identification number

53-0116130

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in the region	(d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in the region	(f) Total expenditures for and investments in the region
	Central America and the Caribbean	0	0	Investments		2,641,004
	East Asia and the Pacific	0	0	Program Services	PUBLICATION ADVERTISEMENT SALES SOFTWARE	8,500
	North America (Canada & Mexico only)	0	0	Program Services	PURCHASE OF PUBLICATION ARTICLES	10,200
	Europe (Including Iceland and Greenland)	0	0	Information Services		757













3a	Sub-total ....	0	0			2,660,461
b	Total from continuation sheets to Part I ...	0	0			0
c	Totals (add lines 3a and 3b)	0	0			2,660,461

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) (Rev. 1-2025)

Schedule F (Form 990) (Rev. 1-2025)

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

1 (a) Name of organization		(b) IRS code section and EIN (if applicable)	(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement	(g) Amount of noncash assistance	(h) Description of noncash assistance	(i) Method of valuation (book, FMV, appraisal, other)

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......
3	Enter total number of other organizations or entities .......................

Schedule F (Form 990) (Rev. 1-2025)

Schedule F (Form 990) (Rev. 1-2025)Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance		(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of noncash assistance	(g) Description of noncash assistance	(h) Method of valuation (book, FMV, appraisal, other)

Schedule F (Form 990) (Rev. 1-2025)

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) (Rev. 1-2025)

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.

ReturnReference	Explanation
Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements	CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual
Schedule F, Part V 1. Activities per Region-OFFSHORE INVESTMENTS	THE NRA'S OFFSHORE INVESTMENTS FOLLOW INDUSTRY STANDARD BEST PRACTICES IN RISK MANAGEMENT FOR NATIONAL NONPROFIT INSTITUTIONAL INVESTORS. ALTERNATIVE INVESTMENTS REDUCE OVERALL PORTFOLIO RISK BY REDUCING VOLATILITY AND IMPROVING DIVERSIFICATION. THE NRA MAINTAINS SEVERAL INVESTMENT ACCOUNTS THAT ARE MULTI-STRATEGY FUNDS OF FUNDS. INCOME FROM PASSIVE INVESTMENTS, WHEN APPROPRIATELY STRUCTURED, IS EXCLUDED FROM UNRELATED BUSINESS INCOME BY LAW. THIS TYPE OF INVESTMENT POSTURE IS COMMONLY ACCEPTED IN THE U.S. EXEMPT ORGANIZATION INDUSTRY. 100% OF THE AMOUNT IS THE TOTAL BOOK VALUE OF INVESTMENTS FOR THAT REGION.

Schedule F (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	24020961
Software Version:	2024v5.1

- TIN:

SCHEDULE G (Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization
NATIONAL RIFLE ASSOCIATION OF AMERICA

Employer identification number

53-0116130

Part I

Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.

Form 990-EZ filers are not required to complete this part.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees

or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

YesNo

If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.

(i) Name and address of individual or entity (fundraiser)		(ii) Activity	(iii) Did fundraiser have custody or control of contributions?		(iv) Gross receipts from activity	(v) Amount paid to (or retained by) fundraiser listed in col. (i)	(vi) Amount paid to (or retained by) organization
			Yes	No
	INFOCISION MANAGEMENT CORP 325 SPRINGSIDE DR AKRON, OH44333	PAID SOLICITOR		No	2,932,810	1,252,879	1,679,931
	MEMBERSHIP ADVISORS FUNDRAISING LLC DBA ALLEGIANCE 11250 WAPLES MILL RD FAIRFAX, VA22030	FUNDRAISING CONSULTANT		No	32,615,388	8,450,000	24,165,388
	RED SPARK STRATEGIES 1600 WILSON BLVD SUITE 1350C ARLINGTON, VA22209	PAID SOLICITOR		No	572,935	143,256	429,679
	THE MCINTOSH COMPANY (TMC) 5310 HARVEST HILL RD DALLAS, TX75230	FUNDRAISING CONSULTANT		No		5,000	-5,000
	MEDIA CARS 500 LLC 200 CONTINENTAL DR SUITE 401 NEWARK, DE19713	FUNDRAISING CONSULTANT		No		14,925	-14,925
	MDS COMMUNICATIONS CORPORATION 545 W JUANITA AVE MESA, AZ85210	PAID SOLICITOR		No	504,575	346,007	158,568
	ROBERT F SHARPE & CO INC 5901 SHELBY OAKS DR SUITE 100 MEMPHIS, TN38134	FUNDRAISING CONSULTANT		No		55,000	-55,000
	ALLEGIENCY LLC 200 CONTINENTAL DR SUITE 401 NEWARK, DE19713	FUNDRAISING CONSULTANT		No		17,525	-17,525


Total . . . . . . . . . . . . . . . . . . . .					36,625,708	10,284,592	26,341,116

List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.

CA, CO, CT, DE, DC, FL, GA, AL, HI, ID, IL, IN, IA, KS, KY, LA, ME, AK, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, AZ, RI, SC, SD, TN, TX, UT, VT, VA, AR, WA, WV, WI, WY

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50083H

Schedule G (Form 990) (Rev. 1-2025)

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.

		(a) Event #1 WLF Gala & Auction (event type)	(b) Event #2 (event type)	(c) Other events (total number)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . . . .	1,221,175			1,221,175
2	Less: Contributions . . . .	550,440			550,440
3	Gross income (line 1 minus line 2) . . . . . .	670,735	0	0	670,735

4	Cash prizes . . . . .
5	Noncash prizes . . . .	220,735	220,735
6	Rent/facility costs . . . .	159,632	159,632
7	Food and beverages . . .	84,623	84,623
8	Entertainment . . . .	25,000	25,000
9	Other direct expenses . . .	51,766	51,766
10	Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . .		541,756
11	Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . .		128,979

Part III

Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.

		(a) Bingo	(b) Pull tabs/Instant bingo/progressive bingo	(c) Other gaming	(d) Total gaming (add col.(a) through col.(c))
1	Gross revenue . . . . .

2	Cash prizes . . . . .
3	Noncash prizes . . . .
4	Rent/facility costs . . . .
5	Other direct expenses . . .

Volunteer labor . . . .

	Yes %
	No

	Yes %
	No

	Yes %
	No

Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow

Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow

Enter the state(s) in which the organization conducts gaming activities:

Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .

YesNo

If "No," explain:

10a

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .

YesNo

If "Yes," explain:

Schedule G (Form 990) (Rev. 1-2025)

Page 3

Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .

YesNo

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? . . . . . . . . . . . . . . . . .

YesNo

Indicate the percentage of gaming activity conducted in:

The organization's facility . . . . . . . . . . . . . . . . . .

13a

An outside facility . . . . . . . . . . . . . . . . . . . .

13b

Enter the name and address of the person who prepares the organization's gaming/special events books and records:

Name

Address

15a

Does the organization have a contract with a third party from whom the organization receives gaming

revenue? . . . . . . . . . . . . . . . . . . . . . . . .

YesNo

If "Yes," enter the amount of gaming revenue received by the organization right arrow

$ and the

amount of gaming revenue retained by the third party right arrow

$ .

If "Yes," enter name and address of the third party:

Name

Address

Gaming manager information:

Name

Gaming manager compensation right arrow

Description of services provided right arrow

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? . . . . . . . . . . . . . . . . . . .

YesNo

Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year right arrow

Part IV

Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.

Return Reference	Explanation
Schedule G, Part I, Line 2b(ii) VENDOR - INFOCISION MANAGEMENT CORP	THIS SUPPLEMENTAL INFORMATION NOTES THE DISTINCTION BETWEEN 990 CORE FORM PART VII SECTION B LINE 1 (2) AND SCHEDULE G PART I LINE 2b(1) FOR THE FILING ORGANIZATION'S VENDOR INFOCISION MANAGEMENT CORP. THE VENDOR INFOCISION PROVIDED SERVICES TO THE FILING ORGANIZATION FOR BOTH MEMBERSHIP ACQUISITION & PROCESSING AND CONTRIBUTION SOLICITATIONS, AS SHOWN ON 990 CORE FORM PART VIII SECTION B LINE 1. SCHEDULE G IS SPECIFIC TO THE VENDOR'S WORK AS A PAID SOLICITOR PROVIDING PROFESSIONAL FUNDRAISING SERVICES. THEREFORE, THE SCHEDULE G DISCLOSURE EXCLUDES THE MEMBERSHIP ACQUISITION & PROCESSING SERVICES.
Schedule G, Part II FUNDRAISING EVENTS	NRA EVENT ACTIVITIES TYPICALLY INCLUDE LIVE AND SILENT AUCTIONS AS WELL AS SPEAKERS. THE NRA FUNDRAISING EVENTS ARE NOT HELD SOLELY FOR THE PURPOSE OF RAISING FUNDS ON-SITE. THESE EVENTS ARE ALSO HELD AS DONOR AND MEMBER CULTIVATION WITH THE INTENT OF BUILDING A NETWORK OF INDIVIDUALS WHO WORK TO MOTIVATE OTHERS, GAIN NEW MEMBERS, PARTICIPATE IN THE VARIOUS NRA PROGRAMS, AND TO DONATE TO A MULTITUDE OF NRA CAUSES BEYOND THIS SINGLE EVENT. AMOUNTS REPORTED ON PART II DO NOT REFLECT LATER GIFTS, PLEDGES, OR PLANNED GIFTS THAT MAY ORIGINATE THROUGH CONTACTS AT THE EVENT OR THROUGH ONGOING DEVELOPMENT OF RELATIONSHIPS WITH THOSE WHO ATTEND. PEOPLE ATTENDING NRA EVENTS MAY ALSO DONATE TO NRA'S AFFILIATED NONPROFITS AND FUNDS, AND SUCH DONATIONS ARE PROPERLY REPORTED ON THE FORM 990 OR OTHER FILINGS FOR EACH OF THOSE ENTITIES. DUE TO TAX REPORTING REQUIREMENTS, THE NET REVENUE FOR THESE EVENTS HAS BEEN BROKEN DOWN AND INCLUDED IN TWO SEPARATE LINES OF THE NRA'S 990. TOTAL FUNDRAISING ACTIVITY INCLUDES $550,440 IN CONTRIBUTIONS, INCLUDING AMOUNTS PAID BY EVENT PARTICIPANTS OVER THE FAIR MARKET VALUE OF GOODS RECEIVED (990 PART VIII, LINE 1C) AND $128,979 NET INCOME FROM FUNDRAISING EVENTS (990 PART VIII, LINE 8C); FOR A TOTAL NET INCOME OF $679,419
Schedule G, Part I, Line 2b(ii) VENDOR - ALLEGIANCE	THE VENDOR MEMBERSHIP ADVISORS FUNDRAISING LLC PROVIDED SERVICES TO THE FILING ORGANIZATION FOR BOTH MEMBERSHIP ACQUISITIONS AND CONTRIBUTION SOLICITATIONS. THE CURRENT AGREEMENT BETWEEN THE NRA AND THE VENDOR DOES NOT DISTINGUISH BETWEEN FEES FOR MEMBERSHIP ACQUISITION AND CONTRIBUTION SOLICITATIONS. SCHEDULE G, PART I, LINE 2b(ii), COLUMN (v) REPRESENTS THE GROSS AMOUNT PAID TO THIS VENDOR FOR ALL SERVICES.

Schedule G (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	24020961
Software Version:	2024v5.1

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Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization
NATIONAL RIFLE ASSOCIATION OF AMERICA

Employer identification number
53-0116130

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) SOUTH DAKOTA DEPARTMENT OF GAME FISH & PARKS 523 E CAPITOL AVENUE FLOOR 2 PIERRE,SD57501	46-6000364		25,000	RANGE GRANT
(2) OKLAHOMA DEPARTMENT OF WILDLIFE CONSERVATION 1801 N LINCOLN BOULEVARD OKLAHOMA CITY,OK73105	73-6017987		25,000	RANGE GRANT
(3) CITY OF VERNON POLICE DEPARTMENT 1306 MAIN STREET VERNON,TX76384	75-6000702		12,500	RANGE GRANT
(4) CITY OF HUNTINGBURG - HUNTINGBURG POLICE DEPARTMENT PO BOX 10 503 E 1ST STREET HUNTINGBURG,IN47542	35-6001060		25,000	RANGE GRANT
(5) TOWN OF HUDSON NH OFFICE OF SELECTMEN 12 SCHOOL ST HUDSON,NH03051	02-6000421		15,750	RANGE GRANT
(6) CITY OF ALTON - ALTON POLICE DEPARTMENT 101 E 3RD ST ALTON,IL62002	37-6001392		25,000	RANGE GRANT
(7) CITY OF EATON 328 N MAPLE ST EATON,OH45320	31-6001041		10,000	RANGE GRANT
(8) WEAKLEY COUNTY GOVERNMENT 8319 HIGHWAY 22 DRESDEN,TN38225	62-6008904		11,750	RANGE GRANT
(9) STATE OF ALABAMA 100 NORTH UNION ST MONTGOMERY,AL361302602	63-6000619		25,000	RANGE GRANT
(10) STATE TECHNICAL COLLEGE OF MISSOURI ONE TECHNOLOGY DRIVE LINN,MO65051	43-1731010		50,000	RANGE GRANT
(11) TRINIDAD STATE COLLEGE FOUNDATION INC 600 PROSPECT STREET TRINIDAD,CO81082	84-6002425	501(C)(3)	15,439	GUNSMITHING SCHOLARSHIPS
(12) LASSEN COLLEGE FOUNDATION INC 30 SOUTH ROOP STREET SUSANVILLE,CA96130	94-2450784	501(C)(3)	15,440	GUNSMITHING SCHOLARSHIPS
(13) MONTGOMERY COMMUNITY COLLLEGE FOUNDATION INC 1011 PAGE STREET TROY,NC27371	56-1834221	501(C)(3)	15,415	GUNSMITHING SCHOLARSHIPS
(14) MURRAY STATE COLLEGE FOUNDATION INC ONE MURRAY CAMPUS TISHOMINGO,OK73460	73-1086692	501(C)(3)	15,300	GUNSMITHING SCHOLARSHIPS
(15) KEYSTONE RIFLE AND PISTOL ASSOCIATION 2001 N FRONT ST HARRISBURG,PA171022118	93-1810922		6,000	2024 NRA STATE ASSOCIATION GRANT

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) Rev. 1-2025

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference	Explanation
Schedule I, Part III, Column (d) 15	IN MAY 2025, KEYSTONE RIFLE AND PISTOL ASSOCIATION RETURNED THE ENTIRE $6,000 NRA STATE ASSOCIATION GRANT.
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds	THE NRA HAS POLICIES AND PROCEDURES IN PLACE FOR SELECTING RECIPIENTS, MAINTAINING RECORDS OF THE TRANSACTIONS, AND ENSURING THE ASSISTANCE IS USED AS INTENDED.

Schedule I (Form 990) Rev. 1-2025

Additional Data

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Software Version:	2024v5.1

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Schedule J
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

NATIONAL RIFLE ASSOCIATION OF AMERICA

Employer identification number

53-0116130

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Yes

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Yes

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Yes

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Yes

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) (Rev. 1-2025)

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1JOSEPH P DEBERGALIS JR EXECUTIVE DIRECTOR GO UNTIL 12/06/2023	(i) (ii)	0 ------------- 0	0 ------------- 0	392,143 ------------- 0	0 ------------- 0	0 ------------- 0	392,143 ------------- 0	0 ------------- 0
2ANDREW A ARULANANDAM INT EXECUTIVE VICE PRESIDENT UNTIL 05/19/2024	(i) (ii)	407,409 ------------- 0	0 ------------- 0	4,238 ------------- 0	13,230 ------------- 0	5,087 ------------- 0	429,964 ------------- 0	0 ------------- 0
3JOHN S COMMERFORD EXECUTIVE DIRECTOR, ILA STARTED 12/03/2024	(i) (ii)	256,380 ------------- 0	0 ------------- 0	543 ------------- 0	10,442 ------------- 0	23,897 ------------- 0	291,262 ------------- 0	0 ------------- 0
4JOHN C FRAZER SECRETARY	(i) (ii)	281,665 ------------- 0	0 ------------- 0	20,086 ------------- 0	11,520 ------------- 0	50,283 ------------- 0	363,554 ------------- 0	0 ------------- 0
5DOUGLAS J HAMLIN EXECUTIVE VICE PRESIDENT STARTED 05/20/2024	(i) (ii)	494,903 ------------- 0	0 ------------- 0	49,325 ------------- 0	13,800 ------------- 0	65,497 ------------- 0	623,525 ------------- 0	0 ------------- 0
6RANDY J KOZUCH EXECUTIVE DIRECTOR ILA UNTIL 12/02/2024	(i) (ii)	438,278 ------------- 0	0 ------------- 0	57,889 ------------- 0	13,800 ------------- 0	45,149 ------------- 0	555,116 ------------- 0	0 ------------- 0
7WAYNE R LAPIERRE EXECUTIVE VICE PRESIDENT UNTIL 01/31/2024	(i) (ii)	277,717 ------------- 0	0 ------------- 0	856,312 ------------- 0	11,280 ------------- 0	5,924 ------------- 0	1,151,233 ------------- 0	0 ------------- 0
8ROBERT J MENSINGER CHIEF COMPLIANCE OFFICER STARTED 05/20/2024	(i) (ii)	344,542 ------------- 0	0 ------------- 0	5,160 ------------- 0	12,585 ------------- 0	13,001 ------------- 0	375,288 ------------- 0	0 ------------- 0
9SONYA B ROWLING TREASURER & CFO	(i) (ii)	399,000 ------------- 0	0 ------------- 0	16,470 ------------- 0	13,800 ------------- 0	6,111 ------------- 0	435,381 ------------- 0	0 ------------- 0
10JOSH R SAVANI EXECUTIVE DIRECTOR, GO STARTED 12/02/2024	(i) (ii)	212,607 ------------- 0	0 ------------- 0	1,431 ------------- 0	8,832 ------------- 0	18,706 ------------- 0	241,576 ------------- 0	0 ------------- 0
11DEREK S ROBINSON MANAGING DIRECTOR, MEMBERSHIP	(i) (ii)	244,743 ------------- 0	0 ------------- 0	2,742 ------------- 0	10,231 ------------- 0	51,039 ------------- 0	308,755 ------------- 0	0 ------------- 0
12MIKE SANFORD DEPUTY EXECUTIVE DIRECTOR, PUBLICATIONS	(i) (ii)	171,286 ------------- 0	60,000 ------------- 0	3,692 ------------- 0	9,252 ------------- 0	26,788 ------------- 0	271,018 ------------- 0	0 ------------- 0
13TYLER T SCHROPP EXECUTIVE DIRECTOR, ADVANCEMENT UNTIL 08/01/2024	(i) (ii)	469,865 ------------- 0	0 ------------- 0	417,958 ------------- 0	13,800 ------------- 0	44,306 ------------- 0	945,929 ------------- 0	0 ------------- 0
14JENNIFER L BRIEMANN DEPUTY EXECUTIVE DIRECTOR, ILA	(i) (ii)	321,154 ------------- 0	0 ------------- 0	1,080 ------------- 0	13,000 ------------- 0	45,684 ------------- 0	380,918 ------------- 0	0 ------------- 0
15MICHAEL J ERSTLING DIRECTOR OF FINANCE	(i) (ii)	234,680 ------------- 0	0 ------------- 0	2,322 ------------- 0	10,000 ------------- 0	69,001 ------------- 0	316,003 ------------- 0	0 ------------- 0
16MARSHALL J FLEMION MANAGING DIRECTOR, INTEGRATED MARKETING	(i) (ii)	189,954 ------------- 0	68,689 ------------- 0	20,632 ------------- 0	0 ------------- 0	32,423 ------------- 0	311,698 ------------- 0	0 ------------- 0
17NEIL COURTNEY OLSON DIRECTOR, WESTERN SALES	(i) (ii)	159,433 ------------- 0	66,177 ------------- 0	11,347 ------------- 0	9,094 ------------- 0	50,081 ------------- 0	296,132 ------------- 0	0 ------------- 0
18THOMAS R TEDRICK MANAGING DIRECTOR FINANCE	(i) (ii)	280,627 ------------- 0	0 ------------- 0	11,009 ------------- 0	11,471 ------------- 0	27,267 ------------- 0	330,374 ------------- 0	0 ------------- 0

Schedule J (Form 990) (Rev. 1-2025)

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
Schedule J, Part I, Line 1a First-class or charter travel	CHARTER TRAVEL WAS USED ON OCCASIONS WHEN SECURITY CONCERNS PRECLUDED OTHER AVAILABLE OPTIONS. SUCH TRAVEL WAS, THEREFORE, PROPERLY EXCLUDED FROM TAXABLE COMPENSATION.
Schedule J, Part I, Line 4a Severance or change-of-control payment	JOSEPH DEBERGALIS, FORMER EXECUTIVE DIRECTOR, GENERAL OPERATIONS, SEPERATED FROM THE ORGANIZATION ON DECEMBER 6, 2023 AND RECEIVED TAXABLE COMPENSATION OF $206,507 AS PART OF A SEVERANCE AGREEMENT.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan	THE NRA HAS DEFERRED COMPENSATION RETIREMENT BENEFIT PLANS FOR CERTAIN EMPLOYEES AND NONQUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS FOR CERTAIN EMPLOYEES. FOR NONQUALIFIED PLANS, THE FILING ORGANIZATION DECIDES THE BENEFIT AMOUNT AND TIMEFRAME FOR VESTING OF EACH PARTICIPANT USING DIFFERENT FACTORS PARTICULAR TO EACH RELEVANT INDIVIDUAL AND HIS OR HER SPECIFIC CIRCUMSTANCES. PAYOUTS ARE PROPERLY INCLUDED IN TAXABLE WAGES AND REPORTED IN W-2 INCOME. THE AMOUNTS FOR MESSRS. LAPIERRE AND SCHROPP INCLUDE 457(F) DISBURSEMENTS OF $37,065 AND $355,497, RESPECTIVELY.
Schedule J, Part I, Line 3 Methods used to establish the compensation	COMPENSATION OF THE NRA'S TOP MANAGEMENT OFFICIAL IS ESTABLISHED BY METHODS INCLUDING COMPENSATION SURVEYS AND STUDIES, AND COMPARABILITY DATA. COMPENSATION OF THE TOP MANAGEMENT OFFICIAL MUST BE APPROVED BY THE BOARD OF DIRECTORS, BASED ON RECOMMENDATIONS BY THE COMPENSATION COMMITTEE. ALL DECISIONS ARE PROPERLY DOCUMENTED.
Schedule J, Part II, Column (B)(i) MARION P. HAMMER	DURING THE TAX YEAR ENDED DECEMBER 31, 2024, THE NRA TERMINATED A CONSULTING AGREEMENT WITH FORMER NRA DIRECTOR AND OFFICER, MARION P. HAMMER THAT SHE NEGOTIATED WITH FORMER NRA EXECUTIVE VICE PRESIDENT, WAYNE LA PIERRE, IN 2018. UNDER THE TERMS OF THAT AGREEMENT, MS. HAMMER WAS REQUIRED TO PROVIDE ADVICE, ANALYSIS, AND OTHER DUTIES REASONABLY ASSIGNED BY THE NRA. MR. LA PIERRE RETIRED FROM THE NRA ON JANUARY 31, 2024 AND WAS SUBSEQUENTLY DETERMINED TO HAVE BREACHED HIS FIDUCIARY DUTIES TO THE NRA. AFTER MR. LA PIERRE'S RETIREMENT, THE NRA ANALYZED MS. HAMMER'S AGREEMENT, DETERMINED THAT MS. HAMMER WAS NOT PROVIDING SERVICES, AND TERMINATED THE AGREEMENT. AROUND THIS TIME, MS. HAMMER ASSERTED TO THE NRA THAT, ALTHOUGH THE AGREEMENT WAS IN FORM A CONSULTING SERVICES AGREEMENT, THE AGREEMENT WAS IN FACT A RETIREMENT COMPENSATION AGREEMENT OR A NONCOMPETE AND NONDISCLOSURE AGREEMENT. ON THOSE BASES, SHE SUBSEQUENTLY SUED THE NRA FOR BREACH OF CONTRACT ON MAY 8, 2025. THE PAYMENT OF COMPENSATION TO A DISQUALIFIED PERSON WITHOUT THE RECEIPT OF SERVICES IN EXCHANGE IS AN EXCESS BENEFIT TRANSACTION. MS. HAMMER'S INSUFFICIENT DEMONSTRATION OF PERFORMANCE OF SERVICES TO THE NRA IN RETURN FOR THE PAYMENTS SHE RECEIVED PURSUANT TO THE AGREEMENT, THEREFORE, NECESSITATES THE CONCLUSION THAT THE ENTIRE AMOUNT SHE RECEIVED PURSUANT TO THE AGREEMENT SINCE 2018 IS AN EXCESS BENEFIT TRANSACTION. THE NRA, THEREFORE, INTENDS TO DEMAND THAT MS. HAMMER REPAY THE NRA $1,419,000 TO CORRECT THE EXCESS BENEFIT PREVIOUSLY PAID TO MS. HAMMER PURSUANT TO THE AGREEMENT, PLUS INTEREST.
Schedule J, Part II, Column (B)(i) 1	MR. LAPIERRE'S BASE COMPENSATION INCLUDES $150,000 OF ACCRUED VACATION PAYOUT.
Schedule J, Part II, Column (B)(iii) OTHER REPORTABLE COMPENSATION	OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. LAPIERRE INCLUDED $2,039 GROUP LIFE INSURANCE, $2,654 457(B) PLAN, $811,425 457(B) DISBURSEMENT, $37,065 457(F) PAYOUT, AND $3,129 TAXABLE PERSONAL EXPENSES. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. SCHROPP INCLUDED $3,582 GROUP LIFE INSURANCE, $355,497 457(F) PAYOUT, $51,879 457(B) DISBURSEMENT, AND $7,000 TAXABLE PERSONAL EXPENSES. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. HAMLIN INCLUDED $15,425 GROUP LIFE INSURANCE, $23,000 457(B) PLAN, AND $10,900 TAXABLE PERSONAL EXPENSES. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. KOZUCH INCLUDED $23,889 GROUP LIFE INSURANCE, $23,000 457(B) PLAN, AND $11,000 TAXABLE PERSONAL EXPENSES. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MRS. ROWLING INCLUDED $2,070 GROUP LIFE INSURANCE AND $14,400 TAXABLE PERSONAL EXPENSES. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. ARULANANDAM INCLUDED $4,238 GROUP LIFE INSURANCE. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. DEBERGALIS INCLUDED $185,636 457(B) DISBURSEMENT AND $206,507 AS PART OF A SETTLEMENT AGREEMENT. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MS. BRIEMANN INCLUDED $1,080 GROUP LIFE INSURANCE. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. MENSINGER INCLUDED $5,160 GROUP LIFE INSURANCE. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. FRAZER INCLUDED $5,686 GROUP LIFE INSURANCE, AND $14,400 TAXABLE PERSONAL EXPENSES. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. TEDRICK INCLUDED $11,009 GROUP LIFE INSURANCE. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. ERSTLING INCLUDED $2,322 GROUP LIFE INSURANCE. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. FLEMION INCLUDED $11,632 GROUP LIFE INSURANCE, AND $9,000 TAXABLE PERSON EXPENSES. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. ROBINSON INCLUDED $2,742 GROUP LIFE INSURANCE. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. OLSON INCLUDED $2,347 GROUP LIFE INSURANCE AND $9,000 TAXABLE PERSONAL EXPENSES. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. COMMERFORD INCLUDED $543 GROUP LIFE INSURANCE. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. SANFORD INCLUDED $3,692 GROUP LIFE INSURANCE. OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MR. SAVANI INCLUDED $431 GROUP LIFE INSURANCE AND $1,000 TAXABLE PERSONAL EXPENSES.
Schedule J, Part II, Column (D) Nontaxable benefits	COLUMN D NONTAXABLE BENEFITS ARE PROVIDED TO EMPLOYEES CONSISTENT WITH ASSOCIATION INDUSTRY STANDARDS AND BEST PRACTICES. STANDARD NONTAXABLE BENEFITS INCLUDE EMPLOYEE BENEFITS SUCH AS THE EMPLOYER PAID PORTIONS OF MEDICAL AND DENTAL PLANS AND LONG-TERM AND SHORT-TERM DISABILITY PLANS.

Schedule J (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	24020961
Software Version:	2024v5.1

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Schedule L
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
Attach to Form 990 or Form 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

NATIONAL RIFLE ASSOCIATION OF AMERICA

Employer identification number

53-0116130

Part I

Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(b) Relationship between disqualified person and organization	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person		(c) Description of transaction	Yes	No
(1) MARION P HAMMER	BOARD DIRECTOR	SEE PART V		No

Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... $

1,498,750

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ $

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e) Original principal amount	(f) Balance due	(g) In default?		(h) Approved by board or committee?		(i) Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e) Original principal amount	(f) Balance due	Yes	No	Yes	No	Yes	No




Total ............... $

Part III

Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of assistance	(d) Type of assistance	(e) Purpose of assistance

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990) (Rev. 1-2025)

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) MARION P HAMMER	BOARD DIRECTOR	110,000	SEE SCHEDULE L, PART V		No

Part V

Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).

Return Reference

Explanation

Schedule L, Part I, Line 1 (1) Marion P. Hammer

DURING THE TAX YEAR ENDED DECEMBER 31, 2024, THE NRA TERMINATED A CONSULTING AGREEMENT WITH FORMER NRA DIRECTOR AND OFFICER, MARION P. HAMMER THAT SHE NEGOTIATED WITH FORMER NRA EXECUTIVE VICE PRESIDENT, WAYNE LA PIERRE, IN 2018. UNDER THE TERMS OF THAT AGREEMENT, MS. HAMMER WAS REQUIRED TO PROVIDE ADVICE, ANALYSIS, AND OTHER DUTIES REASONABLY ASSIGNED BY THE NRA. MR. LA PIERRE RETIRED FROM THE NRA ON JANUARY 31, 2024 AND WAS SUBSEQUENTLY DETERMINED TO HAVE BREACHED HIS FIDUCIARY DUTIES TO THE NRA. AFTER MR. LA PIERRE'S RETIREMENT, THE NRA ANALYZED MS. HAMMER'S AGREEMENT, DETERMINED THAT MS. HAMMER WAS NOT PROVIDING SERVICES, AND TERMINATED THE AGREEMENT. AROUND THIS TIME, MS. HAMMER ASSERTED TO THE NRA THAT, ALTHOUGH THE AGREEMENT WAS IN FORM A CONSULTING SERVICES AGREEMENT, THE AGREEMENT WAS IN FACT A RETIREMENT COMPENSATION AGREEMENT OR A NONCOMPETE AND NONDISCLOSURE AGREEMENT. ON THOSE BASES, SHE SUBSEQUENTLY SUED THE NRA FOR BREACH OF CONTRACT ON MAY 8, 2025. THE PAYMENT OF COMPENSATION TO A DISQUALIFIED PERSON WITHOUT THE RECEIPT OF SERVICES IN EXCHANGE IS AN EXCESS BENEFIT TRANSACTION. MS. HAMMER'S INSUFFICIENT DEMONSTRATION OF PERFORMANCE OF SERVICES TO THE NRA IN RETURN FOR THE PAYMENTS SHE RECEIVED PURSUANT TO THE AGREEMENT, THEREFORE, NECESSITATES THE CONCLUSION THAT THE ENTIRE AMOUNT SHE RECEIVED PURSUANT TO THE AGREEMENT SINCE 2018 IS AN EXCESS BENEFIT TRANSACTION. THE NRA, THEREFORE, INTENDS TO DEMAND THAT MS. HAMMER REPAY THE NRA $1,419,000 TO CORRECT THE EXCESS BENEFIT PREVIOUSLY PAID TO MS. HAMMER PURSUANT TO THE AGREEMENT, PLUS INTEREST.

Schedule L (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	24020961
Software Version:	2024v5.1

- TIN:

SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

Noncash Contributions

Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image

Attach to Form 990.
Right pointing arrow large image

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

Name of the organization

NATIONAL RIFLE ASSOCIATION OF AMERICA

Employer identification number

53-0116130

Part I

Types of Property

	(a) Check if applicable	(b) Number of contributions or items contributed	(c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining noncash contribution amounts
1 Art—Works of art ....		1	400	Market value
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..
5 Clothing and household goods .......	X		18,330	Market value
6 Cars and other vehicles ..
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .		1	842,000	Other - Net Sales Proceeds
10 Securities—Closely held stock .
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....		2	1,100	Market value
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( Firearms & Accessories )	X	81	85,512	Market value
26 Other ( Jewelry )	X	9	22,620	Market value
27 Other ( Sporting Goods & Accessories )	X	16	4,741	NONE
28 Other ( Knives )	X	2	850	NONE

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?

Yes

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? ..........................

32a

Yes

If "Yes," describe in Part II.

If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,

describe in Part II.

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51227J

Schedule M (Form 990) (2024)

Page 2

Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.

Return Reference	Explanation
Schedule M, Part I, Line 1 The number of contributions or the number of items	The National Rifle Association is reporting the number of items received on Part I, Column b.
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions	ON OCCASION AND AS APPROPRIATE, SECURITIES AND OTHER DONATED LIQUID OR ILLIQUID ASSETS CAN BE CONVERTED INTO CASH BY OUTSIDE THIRD-PARTY SPECIALISTS THAT PARTNER WITH THE NRA TO FULFILL THE PHILANTHROPIC INTENTIONS OF THE DONORS.
Schedule M, Part I Explanations of reporting method for number of contributions	Other - Firearms & Accessories THE NATIONAL RIFLE ASSOCIATION IS REPORTING THE NUMBER OF ITEMS RECEIVED ON PART I, COLUMN B Other - Jewelry THE NATIONAL RIFLE ASSOCIATION IS REPORTING THE NUMBER OF ITEMS RECEIVED ON PART I, COLUMN B Art - Works of art - THE NATIONAL RIFLE ASSOCIATION IS REPORTING THE NUMBER OF ITEMS RECEIVED ON PART I, COLUMN B Clothing and household goods - THE NATIONAL RIFLE ASSOCIATION IS REPORTING THE NUMBER OF ITEMS RECEIVED ON PART I, COLUMN B Securities - Publicly traded - THE NATIONAL RIFLE ASSOCIATION IS REPORTING THE NUMBER OF ITEMS RECEIVED ON PART I, COLUMN B Collectibles - THE NATIONAL RIFLE ASSOCIATION IS REPORTING THE NUMBER OF ITEMS RECEIVED ON PART I, COLUMN B

Schedule M (Form 990) (2024)

Additional Data

Software ID:	24020961
Software Version:	2024v5.1

- TIN:

SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization

NATIONAL RIFLE ASSOCIATION OF AMERICA

Employer identification number

53-0116130

Return Reference	Explanation
Form 990, Part I, Line 1 The organization's mission or most significant activities	THE NRA IS A 501(C)(4) MEMBERSHIP ASSOCIATION WITH FOUR AFFILIATED 501(C)(3) PUBLIC CHARITIES AND TWO SECTION 527 POLITICAL ACTION COMMITTEES (PAC) WHICH ARE SEPARATE SEGREGATED FUNDS. THE FOUR CHARITIES AFFILIATED WITH THE NRA ARE NRA CIVIL RIGHTS DEFENSE FUND, NRA FOUNDATION INC, NRA FREEDOM ACTION FOUNDATION, AND NRA SPECIAL CONTRIBUTION FUND DBA NRA WHITTINGTON CENTER. THE POLITICAL ACTION COMMITTEES ARE NRA POLITICAL VICTORY FUND AND NRA VICTORY FUND. SEE SCHEDULE R, PART II.A
Form 990, Part I, Line 7a Unrelated business revenue	THIS INFORMATIONAL NOTE REGARDS THE NRA'S UNRELATED BUSINESS INCOME. FORM 990 PAGE 1 SHOWS GROSS UNRELATED BUSINESS REVENUE ON LINE 7A AND NET UNRELATED BUSINESS TAXABLE INCOME ON LINE 7B. THE NRA DID NOT OWE UNRELATED BUSINESS INCOME TAX FOR THE YEAR 2024 BECAUSE DIRECTLY CONNECTED DEDUCTIONS WERE GREATER THAN THE ASSOCIATED INCOME IN 2024. THE MAIN SOURCES OF NRA UNRELATED BUSINESS INCOME, AS SHOWN ON 990 PART VIII, COLUMN C, ARE CERTAIN MERCHANDISE SALES FROM THE E-COMMERCE PLATFORMS, ADVERTISING, AND OTHER ACTIVITIES NOT RELATED TO THE NRA'S TAX EXEMPT PURPOSES. ADDITIONAL INFORMATIONAL NOTES RELATED TO THE NRA'S TAXES ARE SHARED ON SCHEDULE C REGARDING 527(F) PROXY TAXES AND REGARDING STATE AND LOCAL TAXES. THE NRA CHOOSES TO SHARE THIS EXTRA INFORMATION ABOUT THE TAXES IN ORDER TO DEMONSTRATE IN GOOD FAITH THAT THE ORGANIZATION IS A TAXPAYER IN GOOD STANDING.
Form 990, Part I, Line 8 Contributions and grants	THIS INFORMATIONAL NOTE REGARDS THE NRA'S CONTRIBUTION REVENUE. THE VAST MAJORITY OF CONTRIBUTIONS TO THE NRA COMES FROM MILLIONS OF SMALL INDIVIDUAL DONORS. GIFTS FROM COMPANIES AND EXECUTIVES IN THE FIREARMS, HUNTING, AND SHOOTING SPORTS INDUSTRIES TYPICALLY COMPRISE LESS THAN 5% OF THE NRA'S CONTRIBUTION REVENUE EVERY YEAR, AS APPLIED TO CONTRIBUTION REVENUE REPORTED ON FORM 990, PART VIII, LINE 1.
Form 990, Part III, Line 4d Other program services	THIS NOTE PROVIDES FURTHER INFORMATION ON PART III PROGRAM SERVICE ACCOMPLISHMENTS. NRA PROGRAM SERVICES ARE CENTERED ON THE NRA'S CORE MISSION OF FIREARMS SAFETY, EDUCATION, AND TRAINING, INCLUDING MESSAGING THAT PROMOTES FREEDOM AND LIBERTY. THE ADDITIONAL PROGRAM SERVICE EXPENSES OF $9,236,586 NOTED ON 990 CORE FORM PART III LINE 4D INCLUDE THE PROGRAM SERVICES COMPONENTS OF PUBLIC AFFAIRS, EXECUTIVE, AND ADVANCEMENT OPERATIONS. 990 READERS ARE ENCOURAGED TO ACCESS NRA.ORG FOR OPPORTUNITIES TO CONTINUE TO ENGAGE WITH THE NRA.
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 9,236,586 including grants of $)(Revenue $ 831,573) Other program services (Describe in Schedule O.)
Form 990, Part IV, Line 25b Excess Benefit Transaction with a Disqualified Person in a Prior year	DURING THE TAX YEAR ENDED DECEMBER 31, 2024, THE NRA TERMINATED A CONSULTING AGREEMENT WITH FORMER NRA DIRECTOR AND OFFICER, MARION P. HAMMER THAT SHE NEGOTIATED WITH FORMER NRA EXECUTIVE VICE PRESIDENT, WAYNE LA PIERRE, IN 2018. UNDER THE TERMS OF THAT AGREEMENT, MS. HAMMER WAS REQUIRED TO PROVIDE ADVICE, ANALYSIS, AND OTHER DUTIES REASONABLY ASSIGNED BY THE NRA. MR. LA PIERRE RETIRED FROM THE NRA ON JANUARY 31, 2024 AND WAS SUBSEQUENTLY DETERMINED TO HAVE BREACHED HIS FIDUCIARY DUTIES TO THE NRA. AFTER MR. LA PIERRE'S RETIREMENT, THE NRA ANALYZED MS. HAMMER'S AGREEMENT, DETERMINED THAT MS. HAMMER WAS NOT PROVIDING SERVICES, AND TERMINATED THE AGREEMENT. AROUND THIS TIME, MS. HAMMER ASSERTED TO THE NRA THAT, ALTHOUGH THE AGREEMENT WAS IN FORM A CONSULTING SERVICES AGREEMENT, THE AGREEMENT WAS IN FACT A RETIREMENT COMPENSATION AGREEMENT OR A NONCOMPETE AND NONDISCLOSURE AGREEMENT. ON THOSE BASES, SHE SUBSEQUENTLY SUED THE NRA FOR BREACH OF CONTRACT ON MAY 8, 2025. THE PAYMENT OF COMPENSATION TO A DISQUALIFIED PERSON WITHOUT THE RECEIPT OF SERVICES IN EXCHANGE IS AN EXCESS BENEFIT TRANSACTION. MS. HAMMER'S INSUFFICIENT DEMONSTRATION OF PERFORMANCE OF SERVICES TO THE NRA IN RETURN FOR THE PAYMENTS SHE RECEIVED PURSUANT TO THE AGREEMENT, THEREFORE, NECESSITATES THE CONCLUSION THAT THE ENTIRE AMOUNT SHE RECEIVED PURSUANT TO THE AGREEMENT SINCE 2018 IS AN EXCESS BENEFIT TRANSACTION. THE NRA, THEREFORE, INTENDS TO DEMAND THAT MS. HAMMER REPAY THE NRA $1,419,000 TO CORRECT THE EXCESS BENEFIT PREVIOUSLY PAID TO MS. HAMMER PURSUANT TO THE AGREEMENT, PLUS INTEREST.
Form 990, Part VI, Line 1a Delegate broad authority to a committee	UNDER THE NRA'S BYLAWS, THE BOARD OF DIRECTORS ELECTS 20 DIRECTORS ANNUALLY TO SERVE ON AN EXECUTIVE COMMITTEE. THE PRESIDENT AND VICE-PRESIDENTS ALSO SERVE ON THE COMMITTEE, FOR A CURRENT TOTAL OF 23 MEMBERS. THE BYLAWS ALLOW THE COMMITTEE TO EXERCISE ALL POWERS OF THE BOARD WHEN THE BOARD IS NOT IN SESSION, WITH CERTAIN ENUMERATED EXCEPTIONS. THE LAWS OF NEW YORK GOVERNING NOT-FOR-PROFIT CORPORATIONS ALSO PROVIDE LIMITS ON THE AUTHORITY OF EXECUTIVE COMMITTEES.
Form 990, Part VI, Line 4 Significant changes to organizational documents	THE NATIONAL RIFLE ASSOCIATION AMENDED ITS BYLAWS IN 2024 TO CREATE A NEW OFFICER POSITION. UNDER THE AMENDMENT ADOPTED BY THE NRA'S VOTING MEMBERS, THE CHIEF COMPLIANCE OFFICER IS ELECTED BY, AND REPORTS TO, THE NRA BOARD OF DIRECTORS.
Form 990, Part VI, Line 5 Diversion of organization assets	DURING THE TAX YEAR ENDED DECEMBER 31, 2024, THE NRA TERMINATED A CONSULTING AGREEMENT WITH FORMER NRA DIRECTOR AND OFFICER, MARION P. HAMMER THAT SHE NEGOTIATED WITH FORMER NRA EXECUTIVE VICE PRESIDENT, WAYNE LA PIERRE, IN 2018. UNDER THE TERMS OF THAT AGREEMENT, MS. HAMMER WAS REQUIRED TO PROVIDE ADVICE, ANALYSIS, AND OTHER DUTIES REASONABLY ASSIGNED BY THE NRA. MR. LA PIERRE RETIRED FROM THE NRA ON JANUARY 31, 2024 AND WAS SUBSEQUENTLY DETERMINED TO HAVE BREACHED HIS FIDUCIARY DUTIES TO THE NRA. AFTER MR. LA PIERRE'S RETIREMENT, THE NRA ANALYZED MS. HAMMER'S AGREEMENT, DETERMINED THAT MS. HAMMER WAS NOT PROVIDING SERVICES, AND TERMINATED THE AGREEMENT. AROUND THIS TIME, MS. HAMMER ASSERTED TO THE NRA THAT, ALTHOUGH THE AGREEMENT WAS IN FORM A CONSULTING SERVICES AGREEMENT, THE AGREEMENT WAS IN FACT A RETIREMENT COMPENSATION AGREEMENT OR A NONCOMPETE AND NONDISCLOSURE AGREEMENT. ON THOSE BASES, SHE SUBSEQUENTLY SUED THE NRA FOR BREACH OF CONTRACT ON MAY 8, 2025. THE PAYMENT OF COMPENSATION TO A DISQUALIFIED PERSON WITHOUT THE RECEIPT OF SERVICES IN EXCHANGE IS AN EXCESS BENEFIT TRANSACTION. MS. HAMMER'S INSUFFICIENT DEMONSTRATION OF PERFORMANCE OF SERVICES TO THE NRA IN RETURN FOR THE PAYMENTS SHE RECEIVED PURSUANT TO THE AGREEMENT, THEREFORE, NECESSITATES THE CONCLUSION THAT THE ENTIRE AMOUNT SHE RECEIVED PURSUANT TO THE AGREEMENT SINCE 2018 IS AN EXCESS BENEFIT TRANSACTION. THE NRA, THEREFORE, INTENDS TO DEMAND THAT MS. HAMMER REPAY THE NRA $1,419,000 TO CORRECT THE EXCESS BENEFIT PREVIOUSLY PAID TO MS. HAMMER PURSUANT TO THE AGREEMENT, PLUS INTEREST.
Form 990, Part VI, Line 6 Classes of members or stockholders	THE NATIONAL RIFLE ASSOCIATION IS A MEMBERSHIP ASSOCIATION THAT REPRESENTS ONLY INDIVIDUAL CITIZENS. MEMBERSHIP DUES ARE PROPERLY REPORTED ON FORM 990, PART VIII, LINE 2 PURSUANT TO THE INSTRUCTIONS FOR SUCH REPORTING.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body	NRA MEMBERS ELECT ALL 76 MEMBERS OF THE NRA BOARD OF DIRECTORS. 75 DIRECTORS ARE ELECTED FOR STAGGERED THREE YEAR TERMS, AND THE 76TH DIRECTOR IS ELECTED FOR A ONE YEAR TERM ON THE OCCASION OF EACH ANNUAL MEETING OF MEMBERS.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders	CERTAIN RECOMMENDATIONS BY THE BOARD OF DIRECTORS ARE SUBJECT TO MEMBERSHIP APPROVAL PER NRA BYLAWS AND NEW YORK NOT FOR PROFIT CORPORATE LAW.
Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body	THE EXECUTIVE COMMITTEE IS AUTHORIZED (WITH CERTAIN EXCEPTIONS UNDER STATE LAW AND THE NRA BYLAWS) TO EXERCISE ALL POWERS OF THE BOARD OF DIRECTORS WHEN THE BOARD IS NOT IN SESSION. EXECUTIVE COMMITTEE ACTIONS ARE DOCUMENTED IN THE FORM OF APPROVED MINUTES. THE AUDIT COMMITTEE IS AUTHORIZED TO APPROVE THE NRA'S AUDITED FINANCIAL STATEMENTS AND TO REVIEW AND (IF APPROPRIATE) APPROVE CONFLICT OF INTEREST TRANSACTIONS. AUDIT COMMITTEE ACTIONS ARE DOCUMENTED IN THE FORM OF APPROVED MINUTES AND/OR WRITTEN REPORTS TO THE BOARD OF DIRECTORS. THE SPECIAL LITIGATION COMMITTEE WAS AUTHORIZED TO MANAGE CERTAIN LITIGATION MATTERS IN WHICH NRA OFFICERS MIGHT HAVE HAD CONFLICTS OF INTEREST. THE COMMITTEE MET INFORMALLY TO DISCUSS THOSE MATTERS WITH COUNSEL. THE COMMITTEE ALSO REVIEWED AND APPROVED INVOICES RELATED TO THOSE MATTERS, WITH SUCH APPROVAL CONTEMPORANEOUSLY DOCUMENTED IN THE FORM OF EMAIL. THE SPECIAL LITIGATION COMMITTEE WAS DISSOLVED IN JANUARY 2025.
Form 990, Part VI, Line 11b Review of form 990 by governing body	DRAFTS OF FORM 990 ARE REVIEWED BY THE EXTERNAL ACCOUNTING FIRM. FINAL DRAFTS ARE PROVIDED TO THE NRA BOARD OF DIRECTORS.
Form 990, Part VI, Line 12c Conflict of interest policy	THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO OFFICERS, DIRECTORS, AND KEY EMPLOYEES OF THE FILING ORGANIZATION AND ITS AFFILIATES, AS WELL AS TO THEIR RELATIVES. RELATED PARTY TRANSACTIONS AND POTENTIAL CONFLICTS ARE SELF-REPORTED ON A QUESTIONNAIRE THAT IS DISTRIBUTED AT LEAST ANNUALLY AND REVIEWED BY THE SECRETARY, AUDIT COMMITTEE AND GENERAL COUNSEL.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	COMPENSATION OF THE NRA'S TOP MANAGEMENT OFFICIAL IS ESTABLISHED BY METHODS INCLUDING COMPENSATION SURVEYS AND STUDIES, AND COMPARABILITY DATA. COMPENSATION OF THE SECRETARY, THE TREASURER, AND THE CHIEF COMPLIANCE OFFICER MUST BE APPROVED BY THE BOARD OF DIRECTORS, BASED ON RECOMMENDATIONS BY THE COMPENSATION COMMITTEE. ALL DECISIONS ARE PROPERLY DOCUMENTED.
Form 990, Part VI, Line 15b Process to establish compensation of other employees	COMPENSATION OF SALARIED OFFICERS AND KEY EMPLOYEES OTHER THAN THE NRA'S TOP MANAGEMENT OFFICIAL IS ESTABLISHED BY METHODS INCLUDING (DEPENDING ON THE POSITION) COMPENSATION SURVEYS AND STUDIES, AND COMPARABILITY DATA. COMPENSATION OF THE SECRETARY AND THE TREASURER MUST BE APPROVED BY THE BOARD OF DIRECTORS, BASED ON RECOMMENDATIONS BY THE COMPENSATION COMMITTEE. ALL DECISIONS ARE PROPERLY DOCUMENTED.
Form 990, Part VI, Line 18 How forms are made available to the public	THE IRS ISSUED A FAVORABLE DETERMINATION LETTER IN APRIL 1944 RECOGNIZING THE NATIONAL RIFLE ASSOCIATION AS TAX-EXEMPT UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(4). THE NRA'S 1944 DETERMINATION LETTER AND FORMS 990 ARE AVAILABLE FROM THE NRA UPON REQUEST.
Form 990, Part VI, Line 19 Required documents available to the public	THE ORGANIZATION'S ANNUAL REPORT (INCLUDING AUDITED FINANCIAL STATEMENTS) IS AVAILABLE UPON REQUEST. ITS ARTICLES OF INCORPORATION ARE A PUBLIC RECORD AVAILABLE FROM THE STATE OF NEW YORK, AND ITS BYLAWS ARE AVAILABLE TO MEMBERS BY MAIL UPON REQUEST. THE NRA'S CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC AND CAN BE FOUND IN NRA'S WEBSITE NRA.ORG.
Form 990, Part VII, Section A, Line 1a The NRA Board of Directors Compensation	THIS INFORMATIONAL NOTE REGARDS SERVICE ON THE NRA BOARD OF DIRECTORS, WHICH IS NOT COMPENSATED. BOARD MEMBERS WHO RECEIVED COMPENSATION IN 2024 WERE COMPENSATED FOR OTHER REASONS, NOT FOR THEIR VOLUNTARY BOARD SERVICE. MS. HAMMER AND MR. CARTER WERE COMPENSATED FOR OTHER PROFESSIONAL SERVICES THEY PERFORMED FOR THE ORGANIZATION. FOR THE PURPOSE OF DETERMINING THE COUNT OF INDEPENDENT DIRECTORS AS OF DECEMBER 31, 2024, SHOWN ON PART I LINE 3 AND PART VI LINE 1B, THE ONLY DIRECTOR NOT CONSIDERED INDEPENDENT FOR 2024 WAS MS. HAMMER. DURING THE TAX YEAR ENDED DECEMBER 31, 2024, THE NRA TERMINATED A CONSULTING AGREEMENT WITH FORMER NRA DIRECTOR AND OFFICER, MARION P. HAMMER THAT SHE NEGOTIATED WITH FORMER NRA EXECUTIVE VICE PRESIDENT, WAYNE LA PIERRE, IN 2018. UNDER THE TERMS OF THAT AGREEMENT, MS. HAMMER WAS REQUIRED TO PROVIDE ADVICE, ANALYSIS, AND OTHER DUTIES REASONABLY ASSIGNED BY THE NRA. MR. LA PIERRE RETIRED FROM THE NRA ON JANUARY 31, 2024 AND WAS SUBSEQUENTLY DETERMINED TO HAVE BREACHED HIS FIDUCIARY DUTIES TO THE NRA. AFTER MR. LA PIERRE'S RETIREMENT, THE NRA ANALYZED MS. HAMMER'S AGREEMENT, DETERMINED THAT MS. HAMMER WAS NOT PROVIDING SERVICES, AND TERMINATED THE AGREEMENT. AROUND THIS TIME, MS. HAMMER ASSERTED TO THE NRA THAT, ALTHOUGH THE AGREEMENT WAS IN FORM A CONSULTING SERVICES AGREEMENT, THE AGREEMENT WAS IN FACT A RETIREMENT COMPENSATION AGREEMENT OR A NONCOMPETE AND NONDISCLOSURE AGREEMENT. ON THOSE BASES, SHE SUBSEQUENTLY SUED THE NRA FOR BREACH OF CONTRACT ON MAY 8, 2025. THE PAYMENT OF COMPENSATION TO A DISQUALIFIED PERSON WITHOUT THE RECEIPT OF SERVICES IN EXCHANGE IS AN EXCESS BENEFIT TRANSACTION. MS. HAMMER'S INSUFFICIENT DEMONSTRATION OF PERFORMANCE OF SERVICES TO THE NRA IN RETURN FOR THE PAYMENTS SHE RECEIVED PURSUANT TO THE AGREEMENT, THEREFORE, NECESSITATES THE CONCLUSION THAT THE ENTIRE AMOUNT SHE RECEIVED PURSUANT TO THE AGREEMENT SINCE 2018 IS AN EXCESS BENEFIT TRANSACTION. THE NRA, THEREFORE, INTENDS TO DEMAND THAT MS. HAMMER REPAY THE NRA $1,419,000 TO CORRECT THE EXCESS BENEFIT PREVIOUSLY PAID TO MS. HAMMER PURSUANT TO THE AGREEMENT, PLUS INTEREST.
Form 990, Part VIII, Line 2a Membership dues	THIS INFORMATIONAL NOTE REGARDS THE REPORTING OF MEMBER DUES ON FORM 990. LINE 1B OF THE REVENUE STATEMENT IS PROPERLY LEFT BLANK. PURSUANT TO 990 INSTRUCTIONS, MEMBERSHIP DUES THAT ARE NOT CONTRIBUTIONS BECAUSE THEY COMPARE REASONABLY WITH AVAILABLE BENEFITS ARE SHOWN ON LINE 2. THUS, ALL NRA MEMBER DUES ARE PROPERLY SHOWN ON THE 990 REVENUE STATEMENT AS PROGRAM SERVICE REVENUE ON LINE 2, OTHER THAN NRA LIFE-PLUS CONTRIBUTIONS WHICH ARE PROPERLY COUNTED AS CONTRIBUTION REVENUE IN LINE 1F OF THE 990 REVENUE STATEMENT.
Form 990, Part IX, Line 11 Fees for services	THIS INFORMATIONAL NOTE REGARDS THE NRA'S PAYMENT OF FEES FOR OUTSIDE PROFESSIONAL SERVICES AS STATED ON LINE 11 OF THE 990 EXPENSE STATEMENT. LINE 11B REPORTS LEGAL FEES PAID TO OUTSIDE ATTORNEYS, SUCH AS FOR SECOND AMENDMENT CASE WORK AND RELATED LITIGATION AT THE FEDERAL AND STATE LEVELS AND FOR REGULATORY, COMPLIANCE MATTERS, AND CORPORATE LITIGATION. LINE 11C REPORTS ACCOUNTING FEES PAID TO THE OUTSIDE CPA FIRM THAT PROVIDES THE NRA'S AUDITING AND TAX SERVICES. LINE 11D REPORTS LOBBYING EXPENSE PAID TO EXTERNAL REGISTERED LOBBYISTS. LINE 11E REPORTS FUNDRAISING COSTS PAID TO THE AUTHORIZED VENDORS LISTED ON SCHEDULE G. LINE 11F REPORTS INVESTMENT MANAGEMENT FEES PAID TO INVESTMENT ADVISORS THAT MANAGE THE NRA'S PORTFOLIOS. LINE 11G SHOWS TELEMARKETING COSTS FOR MEMBERSHIP SERVICING. PROFESSIONAL SERVICES PERFORMED BY NRA EMPLOYEES (IN HOUSE COUNSEL, IN HOUSE ACCOUNTANTS, IN HOUSE LOBBYISTS, IN HOUSE FUNDRAISERS, AND IN HOUSE INVESTMENT MANAGERS, RESPECTIVELY) ARE PROPERLY REPORTED WITHIN LINES 5-7 OF THE 990 EXPENSE STATEMENT, AS REQUIRED BY 990 FORM INSTRUCTIONS. PROFESSIONAL SERVICES PERFORMED BY THE TELEMARKETING VENDOR FOR FUNDRAISING PURPOSES, RATHER THAN FOR MEMBERSHIP, ARE PROPERLY REPORTED WITHIN LINE 11E, AS REQUIRED BY 990 FORM INSTRUCTIONS.
Form 990, Part IX, Line 24e All other expenses	THIS RESPONSE EXPLAINS $1,469,274 OF OTHER EXPENSES STATED WHICH WERE NOT ACCOMMODATED BY OTHER EXPENSE LINE DESCRIPTIONS. THIS FIGURE INCLUDES $5,511,621 OF FULFILLMENT MATERIALS, $2,557,496 BANKING FEES, $6,881,918 OF SETTLEMENT GAINS, $392,143 OF FORMER OFFICER'S 457(B) PAYOUT AND SEVERANCE, AND $110,068 OF NON-PAYROLL TAX REFUNDS.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	THIS RESPONSE EXPLAINS OTHER CHANGES IN THE NET ASSETS OF $4,873,277 INCLUDES $3,519,983 AGENCY TRANSACTIONS BETWEEN THE NRA AND NRA FOUNDATION AND OTHER NET PENSION PLAN GAIN OF $1,353,294. THE AGENCY TRANSACTIONS FIGURE OF ($3,519,983) INCLUDES ENDOWMENT CONTRIBUTIONS AND ENDOWMENT EARNINGS DESIGNATED BY NRA FOUNDATION DONORS FOR ELIGIBLE NRA PROGRAMS.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	AGENCY TRANSACTIONS BETWEEN THE NRA AND NRA FOUNDATION - 3519983; OTHER NET PENSION PLAN GAIN - 1353294; Total - 4873277;
Schedule F, Part I, Line 1 Activities per Region-OFFSHORE INVESTMENTS	THE NRA'S OFFSHORE INVESTMENTS FOLLOW INDUSTRY STANDARD BEST PRACTICES IN RISK MANAGEMENT FOR NATIONAL NONPROFIT INSTITUTIONAL INVESTORS. ALTERNATIVE INVESTMENTS REDUCE OVERALL PORTFOLIO RISK BY REDUCING VOLATILITY AND IMPROVING DIVERSIFICATION. THE NRA MAINTAINS SEVERAL INVESTMENT ACCOUNTS THAT ARE MULTI-STRATEGY FUNDS OF FUNDS. INCOME FROM PASSIVE INVESTMENTS, WHEN APPROPRIATELY STRUCTURED, IS EXCLUDED FROM UNRELATED BUSINESS INCOME BY LAW. THIS TYPE OF INVESTMENT POSTURE IS COMMONLY ACCEPTED IN THE U.S. EXEMPT ORGANIZATION INDUSTRY. 100% OF THE AMOUNT IS THE TOTAL BOOK VALUE OF INVESTMENTS FOR THAT REGION.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	24020961
Software Version:	2024v5.1

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SCHEDULE R
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

NATIONAL RIFLE ASSOCIATION OF AMERICA

Employer identification number

53-0116130

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity
(1) SEA GIRT LLC 211 E 7TH STREET SUITE 620 AUSTIN,TX787013218 86-1375681	DEVELOPMENT PHASE	TX	0	0	NRA

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)NRA FOUNDATION INC 11250 WAPLES MILL RD FAIRFAX,VA22030 52-1710886	CHARITABLE	DC	501(c)(3)	7	NRA	Yes
(2)NRA SPECIAL CONTRIBUTION FUND 11250 WAPLES MILL RD FAIRFAX,VA22030 23-7367534	CHARITABLE	NM	501(c)(3)	7	NRA	Yes
(3)NRA CIVIL RIGHTS DEFENSE FUND 11250 WAPLES MILL RD FAIRFAX,VA22030 52-1136665	CHARITABLE	VA	501(c)(3)	7	NRA	Yes
(4)NRA FREEDOM ACTION FOUNDATION 11250 WAPLES MILL RD FAIRFAX,VA22030 26-1277941	CHARITABLE	VA	501(c)(3)	7	NRA	Yes
(5)NRA POLITICAL VICTORY FUND 11250 WAPLES MILL RD FAIRFAX,VA22030 52-1083020	PAC/SSF	VA	527		NRA	Yes
(6)NRA VICTORY FUND 11250 WAPLES MILL RD FAIRFAX,VA22030 84-4953921	POLITICAL DIRECT ADVOCACY AND INDEPENDENT EXPENDITURES	DE	527		NRA	Yes

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) (Rev. 1-2025)

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No
(1) LEXINGTON CONCORD HOLDINGS LLC 11250 WAPLES MILL RD FAIRFAX,VA22030 83-1798978	DEVELOPMENT PHASE	DE	NRA	C Corporation			100 %	Yes
(2) NRA HOLDINGS COMPANY INC 11250 WAPLES MILL RD FAIRFAX,VA22030 02-0558658	MANAGEMENT SERVICES	VA	NRA	C Corporation			100 %	Yes

Schedule R (Form 990) (Rev. 1-2025)

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

Yes

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

Yes

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

Yes

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

Yes

o Sharing of paid employees with related organization(s) ............................

Yes

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

Yes

r Other transfer of cash or property to related organization(s) ............................

Yes

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) NRA FOUNDATION INC	J	180,000	CASH VALUE
(2) NRA FOUNDATION INC	C	7,219,321	CASH VALUE
(3) NRA FOUNDATION INC	O	8,441,303	CASH VALUE
(4) NRA FOUNDATION INC	Q	2,088,639	CASH VALUE
(5) NRA CIVIL RIGHTS DEFENSE FUND	C	505,000	CASH VALUE
(6) NRA SPECIAL CONTRIBUTION FUND	Q	2,268,359	CASH VALUE
(7) NRA POLITICAL VICTORY FUND	O	77,789	CASH VALUE
(8) NRA POLITICAL VICTORY FUND	L	308,305	CASH VALUE
(9) NRA FREEDOM ACTION FOUNDATION	C	1,492,500	CASH VALUE

Schedule R (Form 990) (Rev. 1-2025)

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Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) (Rev. 1-2025)

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference

Explanation

Schedule R, Part II Identification of Related Tax-Exempt Organizations

THE NRA IS A 501(C)(4) MEMBERSHIP ASSOCIATION WITH FOUR 501(C)(3) PUBLIC CHARITIES AND TWO SECTION 527 POLITICAL ACTION COMMITTEES (PAC) WHICH ARE SEPARATE SEGREGATED FUNDS. THE FOUR CHARITIES AFFILIATED WITH THE NRA ARE NRA CIVIL RIGHTS DEFENSE FUND, NRA FOUNDATION INC, NRA FREEDOM ACTION FOUNDATION, AND NRA SPECIAL CONTRIBUTION FUND DBA NRA WHITTINGTON CENTER. THE TWO POLITICAL ACTION COMMITTEES ARE NRA POLITICAL VICTORY FUND AND NRA VICTORY FUND; NRAPVF IS A SEPARATE UNINCORPORATED PAC OF THE NRA. IN THE EVENT THAT ANY FUNDS ARE RECEIVED BY THE NRA AND EARMARKED TO THE PAC, THE NRA HAS SYSTEMS IN PLACE TO ENSURE ANY SUCH RECEIPTS ARE PROMPTLY AND IMMEDIATELY DEPOSITED INTO THE SEPARATE SEGREGATED FUND'S ACCOUNT.

Schedule R, Part V, Line 1c Gift, grant, or capital contribution from related organization

THIS INFORMATIONAL NOTE REGARDS QUALIFIED CHARITABLE GRANT MAKING. ALL GRANTS MADE BY NRA FOUNDATION, NRA CIVIL RIGHTS DEFENSE FUND, AND NRA FREEDOM ACTION FOUNDATION TO THE NRA ARE SUBJECT TO STRINGENT REVIEW PROCESSES REQUIRING THAT THE GRANTS BE MADE AND USED ONLY FOR QUALIFIED CHARITABLE PURPOSE PROGRAMS. THE NRA IS REQUIRED TO PROVIDE DOCUMENTATION TO THE CHARITIES THAT PROCEEDS WERE USED BY THE NRA FOR QUALIFIED CHARITABLE PURPOSES AS SET FORTH IN THE GRANT DOCUMENTS.

Schedule R (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	24020961
Software Version:	2024v5.1

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No