KEYSTONE CONSULTING
$838K
2025-2026 cycle
KEYSTONE CONSULTING is a strategy & research vendor. In the 2025-2026 cycle KEYSTONE CONSULTING was paid $838K across 7 client committees.
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 → Nov 18, 2025
- spans 4.6 years
- Disbursements ALL TIME
- 113
- 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.
Dec 2024
Nov 2025
$227K
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.
No buyer activity in this window.
No buyer activity in this window.
No buyer activity in this window.
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 12 months · top 4
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| FISCHBACH, MICHELLE MN · House REP |
$84,701 | 7 |
| FINSTAD, BRAD MN · House REP |
$24,084 | 5 |
| FINSTAD VICTORY COMMITTEE C00818559 |
$407 | 1 |
| FISCHBACH VICTORY FUND C00760413 |
$384 | 1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 18 months · top 6
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| FISCHBACH, MICHELLE MN · House REP |
$148,442 | 14 |
| FINSTAD, BRAD MN · House REP |
$62,587 | 12 |
| GREATER MINNESOTA VICTORY FUND C00834606 |
$8,437 | 1 |
| FINSTAD VICTORY COMMITTEE C00818559 |
$5,407 | 2 |
| STAUBER, PETER ALLEN MN · House REP |
$1,750 | 1 |
| FISCHBACH VICTORY FUND C00760413 |
$384 | 1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 24 months · top 7
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| FISCHBACH, MICHELLE MN · House REP |
$248,263 | 22 |
| FINSTAD, BRAD MN · House REP |
$107,621 | 19 |
| 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 |
$384 | 1 |
By party
Revenue by party
D · 0%
R · 100%
| Party | Amount | % |
|---|---|---|
| Democratic | $0 | 0.00% |
| Republican | $817,455 | 97.50% |
| Non-partisan | $20,968 | 2.50% |
Part III Reference tables
Full all-time and cycle-to-date data.
Cycle-over-cycle trajectory
current cycle earlier election cycle off-cycle year quarterly · 5 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% |
Revenue by service category
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No category revenue in this window.
No category revenue in this window.
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% | 6mo ago |
| Fundraising | $13,844 | 3 | $5K | 1.7% | GREATER MINNESOTA VICTORY F… 61% | 8mo ago |
Client retention
Sticky-relationship signal: how many clients keep coming back across cycles vs one-time buyers.
3
Anchor clients 3+ cycles
$820,328 · 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 | $622,144 | 63 | 2021-04-02 | 2025-10-27 |
| FINSTAD, BRAD | 3 | $193,561 | 38 | 2022-06-07 | 2025-11-18 |
| FISCHBACH VICTORY FUND | 3 | $4,624 | 7 | 2021-08-13 | 2025-09-30 |
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 | $819,955 | 97.8% | 4 | |
| GA | $10,031 | 1.2% | 2 | |
| WI | $8,437 | 1.0% | 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 | 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 | 2025-04-29 | FISCHBACH, MICHELLE | Strategy & Research | STRATEGY CONSULTING | $15,000 |
| Largest this cycle | 2025-06-09 | 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 | 2025-10-27 | FISCHBACH, MICHELLE | Strategy & Research | STRATEGY CONSULTING | $10,292 |
| Recent | 2025-11-18 | FINSTAD, BRAD | Strategy & Research | STRATEGIC CONSULTING | $4,104 |
| Recent | 2025-10-23 | FINSTAD, BRAD | Strategy & Research | STRATEGIC CONSULTING | $2,225 |
| Recent | 2025-09-30 | FINSTAD VICTORY COMMITTEE | Fundraising | JFC STRATEGIC CONSULTING | $407 |
| Recent | 2025-09-30 | FISCHBACH VICTORY FUND | Strategy & Research | JFC STRATEGY CONSULTING | $384 |