

The two individuals contributed to the organization’s political arm – accounting for about two-thirds of NOM’s 2010 revenue, while single donations below $5,000 covered only 8 percent of reported revenue.
This revelation is not extraordinary for NOM, whose existence from the very beginning has been dependent upon large contributions from a small pool of big-money, mostly anonymous donors. But what’s different about this past funding cycle is how much narrower the margin is between $100 contributions and $1 million contributions. And based on NOM’s annual financial reporting to the IRS over the past four years, it appears as though that gap has narrowed over time.
In fiscal year 2009, NOM’s contributions above $5,000 made up about 78 percent of all the contributions received, according to its 2009 Form 990 (PDF). One year later, contributions above $5,000 made up roughly 92 percent of NOM’s contributions, which in turn represented the majority of NOM’s total revenue for that year. The very nature of NOM’s funding structure has made critics chide its self-description as a “grassroots organization.”
For the full story visit The Washington Independent website.