KEYSTONE CONSULTING

$947K 2025-2026 cycle

KEYSTONE CONSULTING is a strategy & research vendor. In the 2025-2026 cycle KEYSTONE CONSULTING was paid $947K across 7 client committees.

Strategy & Research ○ Slowing (~2mo since last)

Part I Identity

Stable facts about this entity. These figures do not change as you adjust the timeframe in Part II.

Activity span ALL TIME
Apr 2, 2021 → Jul 1, 2026
spans 5.2 years
Disbursements ALL TIME
128
Schedule B rows
Client committees ALL TIME
7
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.

Aug 2025 Jul 2026
$167K across 12 months
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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.

No buyer activity in this window.

VIEW 1 DIAGRAM DECORATIVE

Top buyers last 3 months · top 2

FISCHBACH, MICHELLE $11K — · 1 txn FISCHBACH VICTORY FUND $41 — · 1 txn KC KEYSTONE CONSULTING
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
FISCHBACH, MICHELLE
MN · House REP
$11,494 1
FISCHBACH VICTORY FUND
C00760413
$41 1
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 6 months · top 3

FISCHBACH, MICHELLE $52K — · 5 txns FINSTAD, BRAD $16K — · 3 txns FISCHBACH VICTORY FUND $1000 — · 2 txns KC KEYSTONE CONSULTING
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
FISCHBACH, MICHELLE
MN · House REP
$52,379 5
FINSTAD, BRAD
MN · House REP
$16,155 3
FISCHBACH VICTORY FUND
C00760413
$1,000 2
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 12 months · top 4

FISCHBACH, MICHELLE $105K Strategy & Research · 10 txns FINSTAD, BRAD $36K Strategy & Research · 8 txns FISCHBACH VICTORY FUND $1K Strategy & Research · 3 txns FINSTAD VICTORY COMMITTEE $407 Fundraising · 1 txn KC KEYSTONE CONSULTING
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
FISCHBACH, MICHELLE
MN · House REP
$105,038 10
FINSTAD, BRAD
MN · House REP
$35,864 8
FISCHBACH VICTORY FUND
C00760413
$1,384 3
FINSTAD VICTORY COMMITTEE
C00818559
$407 1
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 18 months · top 5

FISCHBACH, MICHELLE $202K Strategy & Research · 18 txns FINSTAD, BRAD $80K Strategy & Research · 14 txns GREATER MINNESOTA VICTORY FUND $8K Fundraising · 1 txn FINSTAD VICTORY COMMITTEE $5K Fundraising · 2 txns FISCHBACH VICTORY FUND $1K Strategy & Research · 3 txns KC KEYSTONE CONSULTING
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
FISCHBACH, MICHELLE
MN · House REP
$202,332 18
FINSTAD, BRAD
MN · House REP
$80,359 14
GREATER MINNESOTA VICTORY FUND
C00834606
$8,437 1
FINSTAD VICTORY COMMITTEE
C00818559
$5,407 2
FISCHBACH VICTORY FUND
C00760413
$1,384 3
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 24 months · top 7

FISCHBACH, MICHELLE $274K Strategy & Research · 26 txns FINSTAD, BRAD $116K Strategy & Research · 21 txns GREATER MINNESOTA VICTORY FUND $8K Fundraising · 1 txn FINSTAD VICTORY COMMITTEE $5K Fundraising · 2 txns FIELD OF DREAMS PAC $3K Strategy & Research · 1 txn STAUBER, PETER ALLEN $2K Strategy & Research · 1 txn FISCHBACH VICTORY FUND $1K Strategy & Research · 3 txns KC KEYSTONE CONSULTING
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
FISCHBACH, MICHELLE
MN · House REP
$273,870 26
FINSTAD, BRAD
MN · House REP
$116,232 21
GREATER MINNESOTA VICTORY FUND
C00834606
$8,437 1
FINSTAD VICTORY COMMITTEE
C00818559
$5,407 2
FIELD OF DREAMS PAC
C00818542
$2,500 1
STAUBER, PETER ALLEN
MN · House REP
$1,750 1
FISCHBACH VICTORY FUND
C00760413
$1,384 3

By party

Revenue by party

100% R
D · 0%
R · 100%
PartyAmount%
Democratic $0 0.00%
Republican $925,295 97.68%
Non-partisan $21,968 2.32%

Part III Reference tables

Full all-time and cycle-to-date data.

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Cycle-over-cycle trajectory

202120222023202420252026 Q2 2021 (2022 cycle): $27KQ3 2021 (2022 cycle): $14KQ4 2021 (2022 cycle): $27KQ1 2022 (2022 cycle): $24KQ2 2022 (2022 cycle): $39KQ3 2022 (2022 cycle): $40KQ4 2022 (2022 cycle): $45KQ1 2023 (2024 cycle): $30KQ2 2023 (2024 cycle): $50KQ3 2023 (2024 cycle): $48KQ4 2023 (2024 cycle): $38KQ1 2024 (2024 cycle): $40KQ2 2024 (2024 cycle): $45KQ3 2024 (2024 cycle): $81KQ4 2024 (2024 cycle): $72KQ1 2025 (2026 cycle): $34KQ2 2025 (2026 cycle): $90KQ3 2025 (2026 cycle): $78KQ4 2025 (2026 cycle): $17KQ1 2026 (2026 cycle): $39KQ2 2026 (2026 cycle): $58KQ3 2026 (2026 cycle): $11K Q2Q4Q2Q4Q2Q4Q2Q4Q2Q4Q2Q3 $90K

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 %
2021 Q2 2022 $27K 4 FISCHBACH, MICHELLE 100% Strategy & Research 100% $27K
2021 Q3 2022 $14K 4 FISCHBACH, MICHELLE 93% Strategy & Research 100% $41K
2021 Q4 2022 $27K 5 FISCHBACH, MICHELLE 97% Strategy & Research 100% $68K
2022 Q1 2022 $24K 4 FISCHBACH, MICHELLE 100% Strategy & Research 100% $92K
2022 Q2 2022 $39K 5 FISCHBACH, MICHELLE 96% Strategy & Research 100% $131K
2022 Q3 2022 $40K 4 FISCHBACH, MICHELLE 100% Strategy & Research 100% $172K
2022 Q4 2022 $45K 3 FISCHBACH, MICHELLE 78% Strategy & Research 100% $216K
2023 Q1 2024 $30K 5 FINSTAD, BRAD 90% Strategy & Research 100% $30K
2023 Q2 2024 $50K 7 FISCHBACH, MICHELLE 74% Strategy & Research 100% $79K +84%
2023 Q3 2024 $48K 6 FISCHBACH, MICHELLE 81% Strategy & Research 100% $127K +246%
2023 Q4 2024 $38K 6 FISCHBACH, MICHELLE 81% Strategy & Research 100% $165K +40%
2024 Q1 2024 $40K 7 FISCHBACH, MICHELLE 67% Strategy & Research 100% $206K +66%
2024 Q2 2024 $45K 7 FISCHBACH, MICHELLE 77% Strategy & Research 100% $251K +15%
2024 Q3 2024 $81K 7 FISCHBACH, MICHELLE 85% Strategy & Research 100% $331K +100%
2024 Q4 2024 $72K 9 FISCHBACH, MICHELLE 55% Strategy & Research 100% $404K +62%
2025 Q1 2026 $34K 8 FISCHBACH, MICHELLE 63% Strategy & Research 85% $34K +16%
2025 Q2 2026 $90K 9 FISCHBACH, MICHELLE 54% Strategy & Research 91% $124K +80%
2025 Q3 2026 $78K 10 FISCHBACH, MICHELLE 76% Strategy & Research 99% $202K +62%
2025 Q4 2026 $17K 3 FISCHBACH, MICHELLE 62% Strategy & Research 100% $218K -57%
2026 Q1 2026 $39K 5 FISCHBACH, MICHELLE 81% $258K -2%
2026 Q2 2026 $58K 9 FISCHBACH, MICHELLE 70% $316K +29%
2026 Q3 2026 $11K 1 FISCHBACH, MICHELLE 100% $327K -86%
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Revenue by service category

No category revenue in this window.

No category revenue in this window.

No category revenue in this window.

Revenue by service category

last 12 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $825K across 110 disbursements (avg $7K/check) Top buyer: FISCHBACH, MICHELLE (75% of category) Last paid: 9mo ago · +104% vs prior cycle Strategy & Research $33K Fundraising — cycle-to-date Total: $14K across 3 disbursements (avg $5K/check) Top buyer: GREATER MINNESOTA VICTORY FUND (61% of category) Last paid: 11mo ago · no prior-cycle baseline Fundraising $407

Revenue by service category

last 18 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $825K across 110 disbursements (avg $7K/check) Top buyer: FISCHBACH, MICHELLE (75% of category) Last paid: 9mo ago · +104% vs prior cycle Strategy & Research $175K Fundraising — cycle-to-date Total: $14K across 3 disbursements (avg $5K/check) Top buyer: GREATER MINNESOTA VICTORY FUND (61% of category) Last paid: 11mo ago · no prior-cycle baseline Fundraising $14K

Revenue by service category

last 24 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $825K across 110 disbursements (avg $7K/check) Top buyer: FISCHBACH, MICHELLE (75% of category) Last paid: 9mo ago · +104% vs prior cycle Strategy & Research $287K Fundraising — cycle-to-date Total: $14K across 3 disbursements (avg $5K/check) Top buyer: GREATER MINNESOTA VICTORY FUND (61% of category) Last paid: 11mo ago · no prior-cycle baseline Fundraising $14K
Per-category breakdown · cycle-to-date
Category Total spend Txns Avg check % of total Top buyer · share Last paid
Strategy & Research $824,578 110 $7K 98.3% FISCHBACH, MICHELLE 75% 9mo ago
Fundraising $13,844 3 $5K 1.7% GREATER MINNESOTA VICTORY F… 61% 11mo ago
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Client retention

Sticky-relationship signal: how many clients keep coming back across cycles vs one-time buyers.

3
Anchor clients 3+ cycles
$929,169 · 98% of revenue
0
Repeat clients 2 cycles
$0 · 0% of revenue
4
One-time clients 1 cycle
$18,094 · 2% of revenue
Top 3 anchor clients · all-time
Client Cycles All-time spend Txns First paid Last paid
FISCHBACH, MICHELLE 3 $706,240 71 2021-04-02 2026-07-01
FINSTAD, BRAD 3 $217,305 43 2022-06-07 2026-06-04
FISCHBACH VICTORY FUND 3 $5,624 9 2021-08-13 2026-06-30
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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
MN
$927,795 97.9% 4
GA
$11,031 1.2% 2
WI
$8,437 0.9% 1
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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 2024-10-01 FINSTAD, BRAD Strategy & Research RESEARCH, DATA AND CAMPAIGN CONSULTING $23,872
Largest all-time 2024-08-19 FISCHBACH, MICHELLE Strategy & Research STRATEGY CONSULTING $23,300
Largest all-time 2022-10-03 FISCHBACH, MICHELLE Strategy & Research STRATEGY CONSULTING $22,432
Largest all-time 2023-03-10 FINSTAD, BRAD Strategy & Research TRAVEL, RESEARCH, DATA AND CAMPAIGN CONSULTING $22,147
Largest all-time 2024-07-01 FISCHBACH, MICHELLE Strategy & Research STRATEGY CONSULTING $18,817
Largest this cycle 2025-06-09 FISCHBACH, MICHELLE Strategy & Research STRATEGY CONSULTING $15,000
Largest this cycle 2025-04-29 FISCHBACH, MICHELLE Strategy & Research STRATEGY CONSULTING $15,000
Largest this cycle 2025-07-25 FISCHBACH, MICHELLE Strategy & Research STRATEGY CONSULTING $14,852
Largest this cycle 2025-04-01 FINSTAD, BRAD Strategy & Research STRATEGIC CONSULTING $11,872
Largest this cycle 2025-08-15 FISCHBACH, MICHELLE Strategy & Research STRATEGY CONSULTING $11,765
Recent 2026-06-03 FISCHBACH, MICHELLE STRATEGY CONSULTING $11,580
Recent 2026-07-01 FISCHBACH, MICHELLE STRATEGY CONSULTING $11,494
Recent 2026-06-04 FINSTAD, BRAD STRATEGIC CONSULTING $3,902
Recent 2026-05-22 FISCHBACH VICTORY FUND JFC STRATEGY CONSULTING $959
Recent 2026-06-30 FISCHBACH VICTORY FUND JFC ENVELOPES $41
See all 128 disbursements →