Why Does The NRA Charge $10 For Its Annual Meeting?

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By Douglas A. McIntyre Updated Published
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Why Does The NRA Charge $10 For Its Annual Meeting?

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The NRA Annual Meeting is the crown event of its year as what the N0.1 proponent of gun rights stages. At an event where it might be argued that members should be let in for free, the organization charges $10, or more, for entry to its NRA-ILA Leadership Forum. It up sells tickets to $20 and $40. (There is also reserve seating, which is nearer the speakers.) Why, from a financial standpoint, does the NRA sell tickets? The likely answer is that it can.

One of the aspects of the Leadership Forum which allows the NRA to make money is speakers, primarily politicians, who almost certainly speak for free which should give the event a large profit margin. This year, the list included Donald Trump, and Senators Mitch McConnell and Rand Paul, who get a stadium sized audience.

The Annual Meeting draws huge numbers of members, which almost certainly is a “sticky” event to keep these members as members. The NRA makes money on the Annual Meeting in several ways, beyond the sale of tickets to its Leadership Forum. It has a massive exhibit hall which covers 10 acres. Exhibitors pay for the privilege of selling their products. The event is held from the Kentucky Exposition Center in Louisville and runs from May 19 to May 22.

The NRA also has a paid concert, headlined by country music star Toby Keith. Tickets to this event cost as much as $100. It is not clear what Keith gets paid, if anything.

Finally, the NRA has a number of event at the meeting for which it charges for tickets. Among these are a Women’s Leadership event, and Foundation Banquet

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Based on all those ticket and exhibition charges, the Annual Event almost certainly brings the NRA hundreds of thousands, if not millions of dollars. How? Members will pay for it.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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