AMPERSAND
$87.49M
2025-2026 cycle
AMPERSAND is a political services vendor. In the 2025-2026 cycle AMPERSAND was paid $87.49M across 110 client committees, of which $8.55M flowed through Independent Expenditures rather than direct committee payments.
Part I Identity
Stable facts about this entity. These figures do not change as you adjust the timeframe in Part II.
Source split
$87.68M
=
$79.13M
(Schedule B)
+
$8.55M
(Independent Expenditures)
| Schedule B direct committee payments |
$79,127,534 | 401 rows | 90.2% |
| Independent Expenditures money this entity spent supporting candidates, NOT a committee paying them |
$8,553,623 | 94 rows | 9.8% |
- Activity span ALL TIME
- Jan 2, 2020 → May 21, 2026
- spans 6.4 years
- Disbursements ALL TIME
- 401
- Schedule B + IE rows
- Client committees ALL TIME
- 110
- distinct payers
Part II Activity in selected window
One timeframe control governs all three panels below. Change it once and the trajectory, top buyers, and party breakdown all update together.
Spend trajectory
Monthly spend to this vendor over the last 12 months.
Jun 2025
May 2026
$34.05M
across 12 months
Top buyers
Two views of the same data — diagram and table share the time-window control and the same top-buyers slice. Click "View all buyers in research" to drill in with the matching date range.
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 1 months · top 7
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| STEYER FOR GOVERNOR 2026 1485077 |
$4,124,322 | 12 |
| GOLDSMITH FOR STATE SENATE 2026; CALIFORNIANS IN SUPPORT OF BRIAN 1485542 |
$450,594 | 5 |
| KOUNALAKIS FOR TREASURER 2026; ELENI 1483008 |
$274,259 | 1 |
| GOLDSMITH FOR STATE SENATE 2026; BRIAN 1480404 |
$68,752 | 1 |
| 911819 911819 |
$67,429 | 1 |
| FLORA FOR ASSEMBLY 2026; VALLEY TAXPAYER DEFENDERS, TO SUPPORT 1489418 |
$15,000 | 2 |
| WORKING PEOPLE UNITED SPONSORED BY SEIU CALIFORNIA STATE COUNCIL 1490426 |
$7,450 | 1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 3 months · top 10
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| STEYER FOR GOVERNOR 2026 1485077 |
$11,758,850 | 50 |
| STEYER FOR GOVERNOR 2026, A COALITION OF HOUSING ADVOCATES, LABOR AND SMALL BUSINESS; CALIFORNIA IS NOT FOR SALE, NO ON 1489677 |
$4,145,177 | 11 |
| PORTER FOR GOVERNOR 2026; KATIE 1479597 |
$1,100,655 | 7 |
| KOUNALAKIS FOR TREASURER 2026; ELENI 1483008 |
$1,090,629 | 4 |
| SWALWELL FOR GOVERNOR 2026; CALIFORNIANS FOR A FIGHTER IN SUPPORT OF ERIC 1488732 |
$978,901 | 2 |
| GOLDSMITH FOR STATE SENATE 2026; CALIFORNIANS IN SUPPORT OF BRIAN 1485542 |
$450,594 | 5 |
| MAHAN FOR GOVERNOR 2026; CALIFORNIA BACK TO BASICS SUPPORTING MATT 1487425 |
$425,388 | 2 |
| A MORE AFFORDABLE CALIFORNIA, SPONSORED BY UBER 1484835 |
$373,698 | 2 |
| GOLDSMITH FOR STATE SENATE 2026; BRIAN 1480404 |
$366,422 | 5 |
| MA FOR LIEUTENANT GOVERNOR 2026; FIONA 1457360 |
$281,699 | 1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 6 months · top 10
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| STEYER FOR GOVERNOR 2026 1485077 |
$14,252,448 | 67 |
| STEYER FOR GOVERNOR 2026, A COALITION OF HOUSING ADVOCATES, LABOR AND SMALL BUSINESS; CALIFORNIA IS NOT FOR SALE, NO ON 1489677 |
$4,145,177 | 11 |
| SWALWELL FOR GOVERNOR 2026; CALIFORNIANS FOR A FIGHTER IN SUPPORT OF ERIC 1488732 |
$1,796,042 | 4 |
| PORTER FOR GOVERNOR 2026; KATIE 1479597 |
$1,100,655 | 7 |
| KOUNALAKIS FOR TREASURER 2026; ELENI 1483008 |
$1,090,629 | 4 |
| A MORE AFFORDABLE CALIFORNIA, SPONSORED BY UBER 1484835 |
$766,143 | 4 |
| GOLDSMITH FOR STATE SENATE 2026; CALIFORNIANS IN SUPPORT OF BRIAN 1485542 |
$450,594 | 5 |
| MAHAN FOR GOVERNOR 2026; CALIFORNIA BACK TO BASICS SUPPORTING MATT 1487425 |
$425,388 | 2 |
| GOLDSMITH FOR STATE SENATE 2026; BRIAN 1480404 |
$366,422 | 5 |
| MA FOR LIEUTENANT GOVERNOR 2026; FIONA 1457360 |
$281,699 | 1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 12 months · top 10
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| STEYER FOR GOVERNOR 2026 1485077 |
$14,252,448 | 67 |
| STEYER FOR GOVERNOR 2026, A COALITION OF HOUSING ADVOCATES, LABOR AND SMALL BUSINESS; CALIFORNIA IS NOT FOR SALE, NO ON 1489677 |
$4,145,177 | 11 |
| NEWSOM BALLOT MEASURE COMMITTEE; SAFETY FOR ALL, YES ON PROP. 63, 1380675 |
$4,026,232 | 7 |
| STEYER, THOMAS F. 1252916 |
$2,790,886 | 5 |
| SWALWELL FOR GOVERNOR 2026; CALIFORNIANS FOR A FIGHTER IN SUPPORT OF ERIC 1488732 |
$1,796,042 | 4 |
| PORTER FOR GOVERNOR 2026; KATIE 1479597 |
$1,100,655 | 7 |
| KOUNALAKIS FOR TREASURER 2026; ELENI 1483008 |
$1,090,629 | 4 |
| YES ON 54 - VOTERS FIRST, NOT SPECIAL INTERESTS - SPONSORED BY HOLD POLITICIANS ACCOUNTABLE 1381029 |
$924,009 | 4 |
| A MORE AFFORDABLE CALIFORNIA, SPONSORED BY UBER 1484835 |
$766,143 | 4 |
| STOP SACRAMENTO'S POWER GRAB 1483178 |
$639,833 | 1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 18 months · top 10
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| STEYER FOR GOVERNOR 2026 1485077 |
$14,252,448 | 67 |
| STEYER FOR GOVERNOR 2026, A COALITION OF HOUSING ADVOCATES, LABOR AND SMALL BUSINESS; CALIFORNIA IS NOT FOR SALE, NO ON 1489677 |
$4,145,177 | 11 |
| NEWSOM BALLOT MEASURE COMMITTEE; SAFETY FOR ALL, YES ON PROP. 63, 1380675 |
$4,026,232 | 7 |
| STEYER, THOMAS F. 1252916 |
$2,790,886 | 5 |
| SWALWELL FOR GOVERNOR 2026; CALIFORNIANS FOR A FIGHTER IN SUPPORT OF ERIC 1488732 |
$1,796,042 | 4 |
| PORTER FOR GOVERNOR 2026; KATIE 1479597 |
$1,100,655 | 7 |
| KOUNALAKIS FOR TREASURER 2026; ELENI 1483008 |
$1,090,629 | 4 |
| YES ON 54 - VOTERS FIRST, NOT SPECIAL INTERESTS - SPONSORED BY HOLD POLITICIANS ACCOUNTABLE 1381029 |
$924,009 | 4 |
| A MORE AFFORDABLE CALIFORNIA, SPONSORED BY UBER 1484835 |
$766,143 | 4 |
| STOP SACRAMENTO'S POWER GRAB 1483178 |
$639,833 | 1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 24 months · top 10
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| STEYER FOR GOVERNOR 2026 1485077 |
$14,252,448 | 67 |
| CALIFORNIANS FOR RESPONSIBLE HOUSING, SPONSORED BY CALIFORNIA APARTMENT ASSOCIATION 1421884 |
$4,460,493 | 7 |
| STEYER FOR GOVERNOR 2026, A COALITION OF HOUSING ADVOCATES, LABOR AND SMALL BUSINESS; CALIFORNIA IS NOT FOR SALE, NO ON 1489677 |
$4,145,177 | 11 |
| NEWSOM BALLOT MEASURE COMMITTEE; SAFETY FOR ALL, YES ON PROP. 63, 1380675 |
$4,026,232 | 7 |
| STEYER, THOMAS F. 1252916 |
$2,790,886 | 5 |
| SWALWELL FOR GOVERNOR 2026; CALIFORNIANS FOR A FIGHTER IN SUPPORT OF ERIC 1488732 |
$1,796,042 | 4 |
| PORTER FOR GOVERNOR 2026; KATIE 1479597 |
$1,100,655 | 7 |
| KOUNALAKIS FOR TREASURER 2026; ELENI 1483008 |
$1,090,629 | 4 |
| YES ON 54 - VOTERS FIRST, NOT SPECIAL INTERESTS - SPONSORED BY HOLD POLITICIANS ACCOUNTABLE 1381029 |
$924,009 | 4 |
| A MORE AFFORDABLE CALIFORNIA, SPONSORED BY UBER 1484835 |
$766,143 | 4 |
By party
| Party | Amount | % |
|---|---|---|
| Democratic | $183,631 | 0.21% |
| Republican | -$395,232 | -0.45% |
| Non-partisan | $87,706,367 | 100.24% |
Part III Reference tables
Full all-time and cycle-to-date data.
People at this agency 0 buyers · 1 leadership
Leadership 1
Founders, partners, chiefs — for strategic / partnership conversations.
ampersandstrategies.com · LinkedIn company page · updated 28d ago
Cycle-over-cycle trajectory
current cycle earlier election cycle off-cycle year quarterly · 6 years
Per-quarter totals
| Year | Q | Cycle | Total | Txns | Top buyer · share | Top category · share | Cum. (cycle) | YoY % |
|---|---|---|---|---|---|---|---|---|
| 2020 | Q1 | 2020 | $519K | 12 | C00727156 29% | Media 69% | $519K | — |
| 2020 | Q3 | 2020 | $3.04M | 12 | CALIFORNIANS TO STOP HIGHER… 56% | Other / Unclassified 99% | $3.56M | — |
| 2020 | Q4 | 2020 | $6.87M | 41 | CALIFORNIANS FOR SAFER COMM… 31% | Other / Unclassified 91% | $10M | — |
| 2021 | Q1 | 2020 | $654K | 5 | SCHOOLS AND COMMUNITIES FIR… 92% | Other / Unclassified 92% | $11M | — |
| 2021 | Q2 | 2020 | $1.31M | 5 | COX FOR GOVERNOR 2021, INC.… 67% | Other / Unclassified 99% | $12M | — |
| 2021 | Q3 | 2020 | $879K | 4 | NEWSOM; STOP THE REPUBLICAN… 71% | Other / Unclassified 100% | $13M | — |
| 2021 | Q3 | 2022 | $16K | 3 | C00771071 100% | Media 100% | $16K | — |
| 2022 | Q1 | 2022 | $165K | 5 | JONES FOR CALPERS BOARD 201… 98% | Other / Unclassified 65% | $181K | -68% |
| 2022 | Q2 | 2022 | $5.95M | 30 | CALIFORNIANS FOR TRIBAL SOV… 75% | Other / Unclassified 88% | $6.13M | — |
| 2022 | Q3 | 2022 | $10M | 21 | CALIFORNIANS FOR TRIBAL SOV… 47% | Other / Unclassified 97% | $16M | +237% |
| 2022 | Q4 | 2022 | $6.78M | 34 | TAXPAYERS AGAINST SPECIAL I… 45% | Other / Unclassified 89% | $23M | -1% |
| 2024 | Q1 | 2024 | $1.38M | 21 | NEWSOM BALLOT MEASURE COMMI… 37% | Other / Unclassified 54% | $1.38M | +738% |
| 2024 | Q3 | 2024 | $2.76M | 12 | CALIFORNIANS FOR RESPONSIBL… 69% | Other / Unclassified 86% | $4.15M | -73% |
| 2024 | Q4 | 2024 | $4.5M | 31 | CALIFORNIANS FOR RESPONSIBL… 57% | Other / Unclassified 78% | $8.65M | -34% |
| 2025 | Q3 | 2024 | $2.08M | 8 | NEWSOM BALLOT MEASURE COMMI… 50% | Digital 50% | $11M | — |
| 2025 | Q4 | 2024 | $6.44M | 11 | NEWSOM BALLOT MEASURE COMMI… 47% | Other / Unclassified 57% | $17M | — |
| 2026 | Q1 | 2026 | $6.55M | 29 | STEYER FOR GOVERNOR 2026 38% | Media 65% | $6.55M | +374% |
| 2026 | Q2 | 2026 | $19M | 99 | STEYER FOR GOVERNOR 2026 62% | Media 70% | $26M | — |
Revenue by service category
Per-category breakdown · cycle-to-date
| Category | Total spend | Txns | Avg check | % of total | Top buyer · share | Last paid |
|---|---|---|---|---|---|---|
| Other / Unclassified | $44,631,180 | 142 | $314K | 58.1% | CALIFORNIANS FOR TRIBAL SOV… 24% | 2mo ago |
| Media | $24,645,091 | 169 | $146K | 32.1% | STEYER FOR GOVERNOR 2026 58% | 3w ago |
| Digital | $7,248,092 | 48 | $151K | 9.4% | STEYER FOR GOVERNOR 2026, A… 57% | 4w ago |
| Admin & Office | $1,148,038 | 11 | $104K | 1.5% | UBER INNOVATION POLITICAL A… 45% | 4w ago |
| Strategy & Research | -$352,993 | 14 | $-25K | -0.5% | SPECIAL OPERATIONS FOR AMER… 0% | 3y ago |
| Contributions & Transfers | -$477,371 | 2 | $-239K | -0.6% | PROTECT APP-BASED DRIVERS A… 0% | 17mo ago |
Client retention
Sticky-relationship signal: how many clients keep coming back across cycles vs one-time buyers.
1
Anchor clients 3+ cycles
$928,420 · 1% of revenue
6
Repeat clients 2 cycles
$2,053,614 · 3% of revenue
101
One-time clients 1 cycle
$76,145,500 · 96% of revenue
Top 1 anchor clients · all-time
| Client | Cycles | All-time spend | Txns | First paid | Last paid |
|---|---|---|---|---|---|
| COALITION TO RESTORE CALIFORNIAS MIDDLE CLASS, INCLUDING ENERGY, MANUFACTURING AND TECHNOLOGY COMPANIES WHO PRODUCE GAS, OIL, JOBS AND PAY TAXES | 3 | $928,420 | 5 | 2020-02-03 | 2026-05-06 |
Geographic concentration
Where this vendor's clients are based — federal committees by state, plus implicit jurisdiction for CA and TX state filers.
| State | Total spend | % of revenue | Clients | |
|---|---|---|---|---|
| CA | $78,373,970 | 99.0% | 95 | |
| Unknown | $436,306 | 0.6% | 6 | |
| TX | $113,538 | 0.1% | 3 | |
| DE | $104,514 | 0.1% | 1 | |
| DC | $89,252 | 0.1% | 1 | |
| OH | $6,858 | 0.0% | 1 | |
| SC | $3,097 | 0.0% | 1 |
Notable disbursements
5 largest all-time · 5 largest in the current cycle · 5 most recent. Each row earns its place.
| Reason | Date | Filer | Category | Purpose | Amount |
|---|---|---|---|---|---|
| Largest all-time | 2022-09-29 | CALIFORNIANS FOR TRIBAL SOVEREIGNTY AND SAFE GAMING, SPONSORED BY TRIBAL ORGANIZATIONS | Other / Unclassified | — | $3,613,350 |
| Largest all-time | 2022-08-18 | TAXPAYERS AGAINST SPECIAL INTEREST MONOPOLIES, A COMMITTEE SPONSORED BY LICENSED CARD CLUBS | Other / Unclassified | — | $2,807,646 |
| Largest all-time | 2022-10-14 | TAXPAYERS AGAINST SPECIAL INTEREST MONOPOLIES, A COMMITTEE SPONSORED BY LICENSED CARD CLUBS | Other / Unclassified | — | $2,778,414 |
| Largest all-time | 2022-05-02 | CALIFORNIANS FOR TRIBAL SOVEREIGNTY AND SAFE GAMING, SPONSORED BY TRIBAL ORGANIZATIONS | Other / Unclassified | — | $2,264,400 |
| Largest all-time | 2022-05-02 | CALIFORNIANS FOR TRIBAL SOVEREIGNTY AND SAFE GAMING, SPONSORED BY TRIBAL ORGANIZATIONS | Other / Unclassified | — | $2,223,263 |
| Largest this cycle | 2026-05-21 | STEYER FOR GOVERNOR 2026 | Media | TV Ad Buy | $997,931 |
| Largest this cycle | 2026-05-21 | STEYER FOR GOVERNOR 2026 | Media | TV Ad Buy | $850,000 |
| Largest this cycle | 2026-04-23 | STEYER FOR GOVERNOR 2026 | Media | Ad Buy | $777,436 |
| Largest this cycle | 2026-04-23 | STEYER FOR GOVERNOR 2026 | Media | Ad Buy | $749,062 |
| Largest this cycle | 2026-05-21 | STEYER FOR GOVERNOR 2026 | Media | TV Ad Buy | $722,500 |
| Recent | 2026-05-21 | STEYER FOR GOVERNOR 2026 | Media | TV Ad Buy | $591,059 |
| Recent | 2026-05-21 | STEYER FOR GOVERNOR 2026 | Media | TV Ad Buy | $111,003 |
| Recent | 2026-05-21 | STEYER FOR GOVERNOR 2026 | Media | TV Ad Buy | $75,251 |
| Recent | 2026-05-21 | STEYER FOR GOVERNOR 2026 | Media | TV Ad Buy | $34,137 |