L2, INC.
$3.43M
2025-2026 cycle
L2, INC. is a digital vendor. In the 2025-2026 cycle L2, INC. was paid $3.43M across 352 client committees, of which $94K 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
$3.43M
=
$3.33M
(Schedule B)
+
$94K
(Independent Expenditures)
| Schedule B direct committee payments |
$3,332,249 | 890 rows | 97.3% |
| Independent Expenditures money this entity spent supporting candidates, NOT a committee paying them |
$93,669 | 89 rows | 2.7% |
- Activity span ALL TIME
- Oct 23, 2015 → May 15, 2026
- spans 10.6 years
- Disbursements ALL TIME
- 890
- Schedule B + IE rows
- Client committees ALL TIME
- 352
- 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
$412K
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 4
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| MUSGROVE FOR SENATE 2026; LEGISLATIVE ACTION PAC IN SUPPORT OF ED 1488406 |
$2,751 | 1 |
| DEEN FOR ASSEMBLY 2026; ADVOCATES FOR SAFE SCHOOLS, AFFORDABLE HOUSING AND HEALTH CARE, AND JOBS OPPOSING SARA 1491150 |
$1,537 | 1 |
| CONNOLLY FOR SENATE 2026; DAMON 1479878 |
$1,355 | 1 |
| KLUWE FOR ASSEMBLY 2026; CHRIS 1482344 |
$4 | 1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 3 months · top 10
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| CALIFORNIANS TO PROTECT RETIREMENT AND LIFE SAVINGS, SPONSORED BY BUILDING A BETTER CALIFORNIA 1488418 |
$25,445 | 1 |
| CALIFORNIA ALLIANCE FOR PROGRESS AND EDUCATION, AN ALLIANCE OF PROFESSIONALS, EMPLOYERS AND SMALL BUSINESS 1283921 |
$6,295 | 2 |
| MUSGROVE FOR SENATE 2026; LEGISLATIVE ACTION PAC IN SUPPORT OF ED 1488406 |
$6,059 | 2 |
| ADDIS FOR ASSEMBLY 2026; DAWN 1476973 |
$1,948 | 2 |
| DEEN FOR ASSEMBLY 2026; ADVOCATES FOR SAFE SCHOOLS, AFFORDABLE HOUSING AND HEALTH CARE, AND JOBS OPPOSING SARA 1491150 |
$1,537 | 1 |
| CONNOLLY FOR SENATE 2026; DAMON 1479878 |
$1,355 | 1 |
| MAGSIG FOR STATE SENATE 2026 1478147 |
$1,304 | 1 |
| KLUWE FOR ASSEMBLY 2026; CHRIS 1482344 |
$984 | 3 |
| GONZALES FOR STATE ASSEMBLY 2026; ANDRAE 1482477 |
$978 | 1 |
| NAMVAR FOR ASSEMBLY 2026; LEILA 1484350 |
$901 | 1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 6 months · top 10
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| UNITED DEMOCRACY PROJECT ('UDP') C00799031 |
$160,000 | 1 |
| CALIFORNIANS TO PROTECT RETIREMENT AND LIFE SAVINGS, SPONSORED BY BUILDING A BETTER CALIFORNIA 1488418 |
$25,445 | 1 |
| CALIFORNIANS FOR A MORE TRANSPARENT AND EFFECTIVE GOVERNMENT, SPONSORED BY BUILDING A BETTER CALIFORNIA 1488423 |
$23,520 | 1 |
| CALIFORNIA ALLIANCE FOR PROGRESS AND EDUCATION, AN ALLIANCE OF PROFESSIONALS, EMPLOYERS AND SMALL BUSINESS 1283921 |
$6,295 | 2 |
| MUSGROVE FOR SENATE 2026; LEGISLATIVE ACTION PAC IN SUPPORT OF ED 1488406 |
$6,059 | 2 |
| REPUBLICAN EXECUTIVE COMMITTEE OF COMAL COUNTY 00018800 |
$5,767 | 1 |
| ADDIS FOR ASSEMBLY 2026; DAWN 1476973 |
$4,856 | 5 |
| VILLARREAL, RICARDO TX · House DEM |
$4,327 | 4 |
| BUCK, ASA BRYANT III NC · House REP |
$4,237 | 3 |
| REPUBLICAN STATE COMMITTEE OF DELAWARE C00172510 |
$3,900 | 3 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 12 months · top 10
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| UNITED DEMOCRACY PROJECT ('UDP') C00799031 |
$160,000 | 1 |
| LYNCH, MARK SC · Senate REP |
$29,500 | 1 |
| CALIFORNIANS TO PROTECT RETIREMENT AND LIFE SAVINGS, SPONSORED BY BUILDING A BETTER CALIFORNIA 1488418 |
$25,445 | 1 |
| NRCC C00075820 |
$25,094 | 1 |
| CALIFORNIANS FOR A MORE TRANSPARENT AND EFFECTIVE GOVERNMENT, SPONSORED BY BUILDING A BETTER CALIFORNIA 1488423 |
$23,520 | 1 |
| WAHAB FOR STATE SENATE 2026; AISHA 1457054 |
$12,500 | 1 |
| CLOUD, MICHAEL TX · House REP |
$12,500 | 1 |
| ABUGHAZALEH, KATHERINE M. IL · House DEM |
$6,852 | 1 |
| CALIFORNIA ALLIANCE FOR PROGRESS AND EDUCATION, AN ALLIANCE OF PROFESSIONALS, EMPLOYERS AND SMALL BUSINESS 1283921 |
$6,295 | 2 |
| MUSGROVE FOR SENATE 2026; LEGISLATIVE ACTION PAC IN SUPPORT OF ED 1488406 |
$6,059 | 2 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 18 months · top 10
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| UNITED DEMOCRACY PROJECT ('UDP') C00799031 |
$160,000 | 1 |
| LYNCH, MARK SC · Senate REP |
$29,500 | 1 |
| CALIFORNIANS TO PROTECT RETIREMENT AND LIFE SAVINGS, SPONSORED BY BUILDING A BETTER CALIFORNIA 1488418 |
$25,445 | 1 |
| NRCC C00075820 |
$25,094 | 1 |
| CALIFORNIANS FOR A MORE TRANSPARENT AND EFFECTIVE GOVERNMENT, SPONSORED BY BUILDING A BETTER CALIFORNIA 1488423 |
$23,520 | 1 |
| MONTGOMERY COUNTY REPUBLICAN PARTY OF TEXAS CEC 00015765 |
$16,527 | 2 |
| CONGRESS MAJORITY PAC C00890889 |
$13,693 | 2 |
| WAHAB FOR STATE SENATE 2026; AISHA 1457054 |
$12,500 | 1 |
| CLOUD, MICHAEL TX · House REP |
$12,500 | 1 |
| CALIFORNIA ALLIANCE FOR PROGRESS AND EDUCATION, AN ALLIANCE OF PROFESSIONALS, EMPLOYERS AND SMALL BUSINESS 1283921 |
$7,095 | 4 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 24 months · top 10
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| UNITED DEMOCRACY PROJECT ('UDP') C00799031 |
$164,900 | 2 |
| LYNCH, MARK SC · Senate REP |
$29,500 | 1 |
| CALIFORNIANS TO PROTECT RETIREMENT AND LIFE SAVINGS, SPONSORED BY BUILDING A BETTER CALIFORNIA 1488418 |
$25,445 | 1 |
| NRCC C00075820 |
$25,094 | 1 |
| CALIFORNIANS FOR A MORE TRANSPARENT AND EFFECTIVE GOVERNMENT, SPONSORED BY BUILDING A BETTER CALIFORNIA 1488423 |
$23,520 | 1 |
| MONTGOMERY COUNTY REPUBLICAN PARTY OF TEXAS CEC 00015765 |
$16,527 | 2 |
| CALIFORNIA ALLIANCE FOR PROGRESS AND EDUCATION, AN ALLIANCE OF PROFESSIONALS, EMPLOYERS AND SMALL BUSINESS 1283921 |
$15,054 | 20 |
| CONGRESS MAJORITY PAC C00890889 |
$13,693 | 2 |
| CLOUD, MICHAEL TX · House REP |
$12,500 | 1 |
| WAHAB FOR STATE SENATE 2026; AISHA 1457054 |
$12,500 | 1 |
By party
Revenue by party
D · 51%
R · 49%
| Party | Amount | % |
|---|---|---|
| Democratic | $751,768 | 21.94% |
| Republican | $723,042 | 21.11% |
| Non-partisan | $1,951,107 | 56.95% |
Part III Reference tables
Full all-time and cycle-to-date data.
Money flow through this vendor
Money flow through this vendor
top payers (left) → broadcast stations clients buy from (right)Cycle-over-cycle trajectory
current cycle earlier election cycle off-cycle year quarterly · 10 years
Per-quarter totals
| Year | Q | Cycle | Total | Txns | Top buyer · share | Top category · share | Cum. (cycle) | YoY % |
|---|---|---|---|---|---|---|---|---|
| 2017 | Q1 | 2018 | $44K | 9 | GREAT AMERICA PAC 88% | Digital 100% | $44K | — |
| 2017 | Q2 | 2016 | $324 | 2 | DRAGONS FOR FISCAL RESPONSI… 54% | Digital 100% | $324 | — |
| 2017 | Q2 | 2018 | $10K | 2 | FEDUP POLITICAL ACTION COMM… 53% | Digital 100% | $54K | — |
| 2017 | Q3 | 2018 | $2K | 2 | C00649814 85% | Digital 100% | $55K | — |
| 2017 | Q4 | 2016 | $5K | 1 | MC GUIRE FOR STATE SENATE 2… 100% | Digital 100% | $5K | — |
| 2017 | Q4 | 2018 | $2K | 4 | OATMAN, LAURA 38% | Digital 100% | $57K | — |
| 2018 | Q1 | 2018 | $75K | 32 | PARENT TEACHER ALLIANCE, SP… 54% | Other / Unclassified 48% | $132K | — |
| 2018 | Q2 | 2018 | $88K | 21 | VILLARAIGOSA FOR GOVERNOR 2… 30% | Digital 56% | $220K | — |
| 2018 | Q3 | 2018 | $19K | 11 | C00630582 43% | Digital 100% | $239K | — |
| 2018 | Q4 | 2018 | $75K | 15 | PATIENTS AND CAREGIVERS TO … 40% | Digital 98% | $313K | — |
| 2019 | Q1 | 2018 | $3K | 2 | CHIU FOR ASSEMBLY 2018; DAV… 77% | Digital 100% | $316K | — |
| 2019 | Q1 | 2020 | $5K | 1 | GREAT AMERICA PAC 100% | Digital 100% | $5K | -89% |
| 2019 | Q2 | 2018 | $2K | 1 | GROVE FOR SENATE 2022 100% | Digital 100% | $318K | +656% |
| 2019 | Q2 | 2020 | $63K | 9 | BERNIE 2020 96% | Digital 100% | $68K | +565% |
| 2019 | Q3 | 2018 | $373 | 1 | LANINGHAM SARAH E MS 100% | Digital 100% | $319K | — |
| 2019 | Q3 | 2020 | $114K | 18 | BERNIE 2020 50% | Digital 100% | $182K | +7062% |
| 2019 | Q4 | 2020 | $155K | 22 | BERNIE 2020 48% | Digital 98% | $337K | +7808% |
| 2020 | Q1 | 2020 | $235K | 37 | BERNIE 2020 54% | Digital 92% | $572K | +215% |
| 2020 | Q2 | 2020 | $44K | 16 | EDVOICE PAC 42% | Digital 94% | $616K | -50% |
| 2020 | Q3 | 2020 | $153K | 32 | PROTECT APP-BASED DRIVERS A… 22% | Digital 98% | $769K | +716% |
| 2020 | Q4 | 2020 | $114K | 29 | DALLAS COUNTY REPUBLICAN PA… 26% | Digital 95% | $883K | +52% |
| 2021 | Q1 | 2020 | $1K | 5 | NEWMAN FOR SENATE 2020; JOSH 47% | Digital 53% | $884K | -40% |
| 2021 | Q1 | 2022 | $15K | 5 | CARLIN, JAMES M. 53% | Digital 61% | $15K | +205% |
| 2021 | Q2 | 2020 | $2K | 5 | BAKERSFIELD CHAMBER OF COMM… 37% | Digital 100% | $887K | -4% |
| 2021 | Q2 | 2022 | $34K | 6 | C00610360 31% | Digital 52% | $49K | -46% |
| 2021 | Q3 | 2020 | $2K | 4 | LE ROUX FOR GOVERNOR 2021; … 42% | Digital 100% | $889K | +539% |
| 2021 | Q3 | 2022 | $19K | 13 | SESSLER, JERROD 30% | Digital 56% | $69K | -83% |
| 2021 | Q4 | 2020 | $9K | 6 | WEST ALLEN B MR 76% | Digital 100% | $898K | — |
| 2021 | Q4 | 2022 | $31K | 24 | JDCA PAC 46% | Digital 98% | $100K | -80% |
| 2022 | Q1 | 2022 | $225K | 33 | DNC SERVICES CORP / DEMOCRA… 62% | Digital 90% | $325K | -4% |
| 2022 | Q2 | 2022 | $65K | 41 | JUSTICE PAC BY LA DEFENSA, … 20% | Digital 68% | $390K | +48% |
| 2022 | Q3 | 2022 | $99K | 37 | TAXPAYERS AGAINST SPECIAL I… 41% | Digital 91% | $490K | -35% |
| 2022 | Q4 | 2022 | $114K | 50 | NO ON 29: STOP YET ANOTHER … 63% | Digital 97% | $604K | +0% |
| 2023 | Q1 | 2022 | $1K | 1 | 742204 100% | Digital 100% | $605K | -29% |
| 2023 | Q1 | 2024 | $10K | 3 | MCCARTHY, KEVIN 48% | Digital 75% | $10K | -30% |
| 2023 | Q2 | 2024 | $16K | 10 | FAIRFAX COUNTY REPUBLICAN C… 46% | Digital 95% | $26K | -54% |
| 2023 | Q3 | 2022 | $4K | 12 | 741949 54% | Digital 100% | $609K | +65% |
| 2023 | Q3 | 2024 | $170K | 12 | KENNEDY, ROBERT F JR 88% | Digital 100% | $196K | +776% |
| 2023 | Q4 | 2022 | $5K | 5 | HOUSTONIANS FOR WORKING FAM… 56% | Digital 100% | $614K | -49% |
| 2023 | Q4 | 2024 | $89K | 9 | KENNEDY, ROBERT F JR 82% | Digital 97% | $285K | +184% |
| 2024 | Q1 | 2024 | $187K | 59 | KENNEDY, ROBERT F JR 39% | Digital 90% | $472K | -17% |
| 2024 | Q2 | 2024 | $143K | 32 | KENNEDY, ROBERT F JR 34% | Digital 93% | $615K | +120% |
| 2024 | Q3 | 2024 | $62K | 58 | FIELD TEAM 6 FEC 16% | Digital 91% | $677K | -38% |
| 2024 | Q4 | 2024 | $78K | 52 | STATEWIDE CALIFORNIA COALIT… 15% | Digital 62% | $755K | -31% |
| 2025 | Q1 | 2024 | $22K | 11 | MONTGOMERY COUNTY REPUBLICA… 74% | Digital 100% | $778K | +2012% |
| 2025 | Q1 | 2026 | $21K | 4 | CONGRESS MAJORITY PAC 66% | Fundraising 66% | $21K | +97% |
| 2025 | Q2 | 2024 | $4K | 5 | 963026 38% | Digital 78% | $782K | — |
| 2025 | Q2 | 2026 | $13K | 4 | SCHULZ, JONAH 39% | Software & Tech 96% | $33K | -19% |
| 2025 | Q3 | 2024 | $4K | 5 | ALVARADO-GIL FOR SENATE 2026 25% | Digital 100% | $786K | -10% |
| 2025 | Q3 | 2026 | $41K | 15 | NRCC 61% | Fundraising 72% | $75K | -76% |
| 2025 | Q4 | 2024 | $20K | 13 | WAHAB FOR STATE SENATE 2026… 62% | Digital 100% | $806K | +336% |
| 2025 | Q4 | 2026 | $69K | 25 | LYNCH, MARK 43% | Strategy & Research 65% | $143K | -23% |
| 2026 | Q1 | 2026 | $250K | 33 | UNITED DEMOCRACY PROJECT ('… 64% | Strategy & Research 66% | $393K | +34% |
| 2026 | Q2 | 2026 | $19K | 14 | CALIFORNIA ALLIANCE FOR PRO… 34% | Other / Unclassified 32% | $412K | -87% |
Stations this firm's clients buy from
Stations this firm's clients buy from top 15 + 93 additional stations · $43,641,240 · Los Angeles, CA dominant market
Broadcast stations that committees who pay L2, INC. also pay directly on their Schedule B filings. We can't prove L2, INC. routed money to these stations, but the concentration signal reveals the market network this firm's clients spend on.
| Station | Market | Network | Total client spend | Buys | Activity window |
|---|---|---|---|---|---|
| KABC-TV | Los Angeles, CA | ABC | $3,992,068 | 11 | Aug 2022 → Apr 2026 |
| KNBC-TV | Los Angeles, CA | NBC | $3,900,629 | 11 | Jul 2022 → Apr 2026 |
| KTLA-TV | Los Angeles, CA | CW | $3,031,772 | 9 | Jul 2022 → Apr 2026 |
| KTTV-TV | Los Angeles, CA | Fox | $2,836,548 | 10 | Jul 2022 → Apr 2026 |
| KCRA-TV | Sacramento, CA | NBC | $2,423,891 | 16 | May 2022 → May 2026 |
| KCBS-TV | Los Angeles, CA | CBS | $2,413,287 | 7 | Aug 2022 → Apr 2026 |
| KTVU-TV | San Francisco, CA | Fox | $2,283,426 | 13 | May 2022 → May 2026 |
| KOVR-TV | Sacramento, CA | CBS | $1,967,698 | 18 | May 2022 → May 2026 |
| KPIX-TV | San Francisco, CA | CBS | $1,767,817 | 15 | May 2022 → May 2026 |
| KGO-TV | San Francisco, CA | ABC | $1,335,988 | 11 | May 2022 → May 2026 |
| KNTV | San Jose, CA | NBC | $1,333,887 | 12 | May 2022 → May 2026 |
| KCAL-TV | Los Angeles, CA | CBS | $1,187,357 | 13 | Jul 2022 → Apr 2026 |
| KXTV | Sacramento, CA | NBC | $1,096,820 | 18 | May 2022 → May 2026 |
| KFMB-TV | San Diego, CA | CBS | $1,070,415 | 13 | May 2022 → Apr 2026 |
| KNSD-TV | San Diego, CA | NBC | $825,936 | 15 | May 2022 → Apr 2026 |
Revenue by service category
Per-category breakdown · cycle-to-date
| Category | Total spend | Txns | Avg check | % of total | Top buyer · share | Last paid |
|---|---|---|---|---|---|---|
| Digital | $2,726,764 | 657 | $4K | 82.5% | KENNEDY, ROBERT F JR 13% | 7w ago |
| Strategy & Research | $223,542 | 20 | $11K | 6.8% | UNITED DEMOCRACY PROJECT ('… 72% | 3mo ago |
| Other / Unclassified | $165,046 | 78 | $2K | 5.0% | PARENT TEACHER ALLIANCE, SP… 27% | 7w ago |
| Software & Tech | $119,688 | 80 | $1K | 3.6% | C00610360 9% | 3w ago |
| Fundraising | $63,161 | 34 | $2K | 1.9% | NRCC 40% | 3mo ago |
| Print & Mail | $3,581 | 3 | $1K | 0.1% | NRCC 72% | 3y ago |
| Field & Voter Contact | $3,068 | 3 | $1K | 0.1% | 850007 58% | 2mo ago |
| Media | $1,962 | 3 | $654 | 0.1% | TASK FORCE GRIGGS FOR CONGR… 65% | 4w ago |
Client retention
Sticky-relationship signal: how many clients keep coming back across cycles vs one-time buyers.
6
Anchor clients 3+ cycles
$149,303 · 4% of revenue
24
Repeat clients 2 cycles
$433,815 · 13% of revenue
322
One-time clients 1 cycle
$2,749,131 · 83% of revenue
Top 6 anchor clients · all-time
| Client | Cycles | All-time spend | Txns | First paid | Last paid |
|---|---|---|---|---|---|
| PARENT TEACHER ALLIANCE, SPONSORED BY CALIFORNIA CHARTER SCHOOLS ASSOCIATION ADVOCATES INDEPENDENT EXPENDITURE COMMITTEE | 4 | $48,993 | 21 | 2018-03-16 | 2024-10-04 |
| NRCC | 3 | $46,356 | 7 | 2018-06-18 | 2025-08-13 |
| PEOPLE FOR BETTER GOVERNMENT COMMITTEE OF THE SAN MANUEL BAND OF MISSION INDIANS | 3 | $22,029 | 10 | 2018-10-01 | 2024-11-06 |
| CALIFORNIA ALLIANCE FOR PROGRESS AND EDUCATION, AN ALLIANCE OF PROFESSIONALS, EMPLOYERS AND SMALL BUSINESS | 3 | $21,208 | 36 | 2022-10-13 | 2026-05-08 |
| THEY SEE BLUE | 3 | $9,884 | 14 | 2020-08-18 | 2025-12-31 |
| INLAND EMPIRE BUSINESS POLITICAL ACTION COMMITTEE (IEBIZPAC) | 3 | $833 | 4 | 2021-06-01 | 2024-10-18 |
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 | $1,197,097 | 38.0% | 119 | |
| Unknown | $450,039 | 14.3% | 88 | |
| DC | $411,661 | 13.1% | 8 | |
| MA | $357,417 | 11.3% | 3 | |
| VT | $334,286 | 10.6% | 2 | |
| TX | $141,958 | 4.5% | 40 | |
| VA | $112,160 | 3.6% | 8 | |
| WV | $35,563 | 1.1% | 4 | |
| SC | $31,836 | 1.0% | 3 | |
| NY | $31,336 | 1.0% | 11 | |
| MN | $25,091 | 0.8% | 3 | |
| WA | $22,465 | 0.7% | 3 |
Notable disbursements
5 largest all-time · 5 largest in the current cycle · 5 most recent. Each row earns its place.