NRA's LaPierre said the gun group took a '$100 million hit' from recent legal battles

Wayne LaPierre
(Image credit: Getty Images)

The National Rifle Association, like most organizations, has probably been adversely affected by the COVID-19 pandemic, but it was in pretty bad financial shape before that, according to audio of CEO Wayne LaPierre obtained by NPR News. At a Jan. 11 NRA board meeting in Virginia, LaPierre said "the cost that we bore" from legal troubles in 2018 and 2019 "was probably about a $100 million hit in lost revenue and real cost," adding, "I mean, that's huge." In response, the NRA cut $80 million in costs and took the organization "down to the studs," he said.

The NRA laid off staff and announced pay cuts in March, blaming the coronavirus.

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The NRA and its affiliates reported more than $412 million in earnings and more than $423 million in expenditures in 2018, with tens of thousands going to foreign fundraising efforts after multiple years of financial shortfalls. Internal tensions over LaPierre's lavish spending and alleged chicanery spilled into the open at the NRA's April 2019 meeting, where the group's president, Oliver North, quit and an attempt to oust LaPierre failed. LaPierre said at the Jan. 11 meeting that NRA membership remains strong at "right around 5 million." You can listen to his comments at NPR and Mak's report below. Peter Weber

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.