What are the significant Third Parties of the United States? I list them in order of their 2023 income , followed by their financial details for the complete year 2023.
Forward Party $2,894,885
No Labels $2,149,475
Libertarian Party $1,222,313
Green Party $ 228,555
Constitution Party $ 91,073
The Libertarian Party has fallen to third place among the five. The relative positions of the Green and Constitution Party have not changed.
For each party we can report the total income and the cash on hand at the end of the year. For parties other than Forward, which has a different income stream, we can also report separately the itemized and unitemized deductions.
Forward Party
Total Donations $2,894,885.32
Cash on hand $60,464.22
No Labels
Itemized donations $1,945,249.51
Unitemized donations $204,210.98
Total Donations $2,149,475.49
Cash on hand $248,419.16
Libertarian Party
Itemized donations $500,395.82
Unitemized donations $712,122.54
Total Donations $1,222,313.70
Cash on hand $270,463.64
Green Party
Itemized donations $109,326.70
Unitemized donations $119,219.95
Total Donations $228,555.97
Cash on hand $187.601.99
Constitution Party
Itemized donations $68,576.51
Unitemized donations $22,497.25
Total Donations $91,073.76
Cash on hand $2,617.30
“Steve Dasbach
FEBRUARY 22, 2024
There was a time when the LP raised $3.3 million in a single year, more than No Labels and the Forward Party raised in 2023. We could do so again with the right messaging and leadership.”
The No Labels Party obviously has other organizations set up in order to funnel money to its cause, because they have raised over $70 million, and pour tens of millions of dollars into ballot access.
https://www.nbcnews.com/nightly-news/video/independent-organization-launching-70-million-effort-for-third-party-presidential-campaign-188661317926
“The organization ‘No Labels’ is launching a massive $70 million effort to create a third party presidential campaign. It comes as polls indicate the prospect of a Biden-Trump rematch becomes more likely. NBC News’ Vaughn Hillyard has more details as the race for 2024 heats up.
July 17, 2023”
I’m a little surprised the Greens are that low on fundraising. I decided to look to see what their membership dues were and found this on their website: “GPUS does not have an individual membership structure, though we encourage people to become Sustaining Donors and commit to supporting the party in that way.”
I also couldn’t figure out what the dues were for the Constitution Party.
There was a time when the LP raised $3.3 million in a single year, more than No Labels and the Forward Party raised in 2023. We could do so again with the right messaging and leadership.
The No Labels Party has raised and spent far more than is reported above. I read last year, back around June, that they had raised $70 million. They have spent in the 10’s of millions of dollars on ballot access. They must be funneling money through a seperate PAC or some other type of organization.
No Labels also has a non-profit. It’s revenue by year:
2022: $21,182,581
2021: $11,349,079
2020: $11,834,759
2019: $5,482,292
2018: $5,088,301
https://projects.propublica.org/nonprofits/organizations/271432208
And it goes back many more years. As far as I can tell, the 2023 numbers aren’t out, yet, and certainly would not have been in June of last year. Perhaps it was meant that No Labels had raised $70 million cumulative, throughout its existence. I’m not adding it all up to check, but they definitely do not have $70 million in cash on hand to spend. However, I suspect sloppy reporting. Note the difference in language between various news articles:
“No Labels, a centrist political group, is spearheading a $70 million project to lay the groundwork for a possible third-party 2024 presidential candidate.” – Washington Post, May 2023
“The organization ‘No Labels’ is launching a massive $70 million effort to create a third party presidential campaign.” – NBC, July 2023
“No Labels has not filed campaign finance disclosures that other political parties routinely file with state and federal election officials, and its leaders refuse to say who is funding their work, which has a budget pegged at $70 million.” – AP, October 2023
“And No Labels, which says it intends to raise $70 million to possibly place a third-party candidate on the presidential ballot next year, refuses to disclose who is financing this project.” – Mother Jones, June 2023
They might all be technically correct from a certain perspective, but Mother Jones may be the most accurate in this case. The vagueness was probably deliberate on the part of No Labels. Throw out a big number to get some headlines and hope no one looks too closely at whether you just have a $70 million plan or actually have raised $70 million.
OK, I’m curious about something.
For background, I don’t think either the current or previous LNC were made up of terrible people. I’m genuinely curious, not making an attack from either side.
If we have $270000 approximately cash on hand, why are we paying credit card interest right now from the previous post?
I believe what you saw in the previous post was credit card debt and credit card expense, not credit card interest. We have used credit cards, for years, and pay them off as a part of doing business (credit card debt). We accept credit cards and are charged merchant services fees when we do so (credit card fees).
Let me know if I misread, or point me in the direction if you are seeing something different. Thank you!
We wrote “$9512 in credit card debt was paid to BB&T Truist. Credit Card Fee Expense and Corporate Account analysis came to $5960.”
I interpreted the $9512 as paying off credit card debt in a timely way. “Credit Card Fee Expense and Corporate Account analysis” is the line item in the report, and should be exactly as you describe.
That’s a relief 🙂 Thanks for clarifying!