NMB RESEARCH LLC
NMB RESEARCH LLC is a strategy & research vendor. In the 2025-2026 cycle NMB RESEARCH LLC was paid $4.41M across 10 client committees, of which $530K 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
| Schedule B direct committee payments |
$3,882,038 | 98 rows | 88.0% |
| Independent Expenditures money this entity spent supporting candidates, NOT a committee paying them |
$529,651 | 36 rows | 12.0% |
- Activity span ALL TIME
- Sep 14, 2010 → Oct 24, 2024
- spans 14.1 years
- Disbursements ALL TIME
- 98
- Schedule B + IE rows
- Client committees ALL TIME
- 10
- 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.
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.
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Top buyers last 24 months · top 3
| Filer | Total spend | Disbursements |
|---|---|---|
| NRCC C00075820 |
$283,000 | 5 |
| ELECT PRINCIPLED VETERANS FUND (EPV FUND) C00772152 |
$51,000 | 1 |
| KEEPING CALIFORNIANS WORKING, A COALITION OF EDUCATORS, INSURANCE AGENTS, TRANSPORTATION, ENERGY, AND HEALTH CARE PROVIDERS 1365806 |
$15,333 | 1 |
By party
Revenue by party
| Party | Amount | % |
|---|---|---|
| Democratic | $20,456 | 0.46% |
| Republican | $4,200,785 | 95.22% |
| Non-partisan | $190,447 | 4.32% |
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 · 6 years
| Year | Q | Cycle | Total | Txns | Top buyer · share | Top category · share | Cum. (cycle) | YoY % |
|---|---|---|---|---|---|---|---|---|
| 2017 | Q1 | 2018 | $33K | 1 | NRCC 100% | Strategy & Research 100% | $33K | — |
| 2017 | Q2 | 2018 | $115K | 4 | NRCC 100% | Strategy & Research 100% | $148K | — |
| 2018 | Q2 | 2018 | $46K | 2 | CLF 63% | Strategy & Research 100% | $194K | — |
| 2018 | Q3 | 2018 | $476K | 18 | NRCC 39% | Strategy & Research 100% | $670K | — |
| 2018 | Q4 | 2018 | $651K | 12 | CLF 67% | Strategy & Research 100% | $1.32M | — |
| 2020 | Q1 | 2020 | $15K | 1 | C00659011 100% | Strategy & Research 100% | $15K | — |
| 2020 | Q2 | 2020 | $170K | 4 | NRSC 76% | Strategy & Research 100% | $185K | +274% |
| 2020 | Q3 | 2020 | $867K | 22 | NRSC 58% | Strategy & Research 100% | $1.05M | +82% |
| 2020 | Q4 | 2020 | $265K | 7 | NRSC 53% | Strategy & Research 100% | $1.32M | -59% |
| 2022 | Q3 | 2022 | $369K | 7 | SLF PAC 52% | Strategy & Research 100% | $369K | -57% |
| 2022 | Q4 | 2022 | $386K | 9 | NRCC 56% | Strategy & Research 100% | $755K | +45% |
| 2023 | Q4 | 2024 | $60K | 1 | NEVER BACK DOWN INC. 100% | Strategy & Research 100% | $60K | — |
| 2024 | Q1 | 2024 | $80K | 3 | NRCC 48% | Strategy & Research 100% | $140K | — |
| 2024 | Q3 | 2024 | $168K | 4 | NRCC 61% | Strategy & Research 100% | $308K | -54% |
| 2024 | Q4 | 2024 | $181K | 3 | NRCC 100% | Strategy & Research 100% | $489K | -53% |
Revenue by service category
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| Category | Total spend | Txns | Avg check | % of total | Top buyer · share | Last paid |
|---|---|---|---|---|---|---|
| Strategy & Research | $3,882,038 | 98 | $40K | 100.0% | NRCC 33% | 19mo ago |
Client retention
Sticky-relationship signal: how many clients keep coming back across cycles vs one-time buyers.
| Client | Cycles | All-time spend | Txns | First paid | Last paid |
|---|---|---|---|---|---|
| NRCC | 4 | $1,281,500 | 28 | 2017-03-31 | 2024-10-24 |
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 | |
|---|---|---|---|---|
| DC | $3,628,455 | 93.5% | 4 | |
| Unknown | $85,250 | 2.2% | 2 | |
| TX | $84,000 | 2.2% | 1 | |
| VA | $51,000 | 1.3% | 1 | |
| MA | $18,000 | 0.5% | 1 | |
| CA | $15,333 | 0.4% | 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 | 2018-10-22 | CLF | Strategy & Research | POLLING | $108,000 |
| Largest all-time | 2018-10-27 | CLF | Strategy & Research | POLLING | $108,000 |
| Largest all-time | 2024-10-18 | NRCC | Strategy & Research | SURVEY RESEARCH | $105,000 |
| Largest all-time | 2022-09-26 | NRCC | Strategy & Research | SURVEY RESEARCH | $103,500 |
| Largest all-time | 2020-09-23 | NRCC | Strategy & Research | SURVEY RESEARCH | $90,000 |
| Largest this cycle | 2024-08-22 | NRCC | Strategy & Research | SURVEY RESEARCH | $73,000 |
| Largest this cycle | 2023-12-17 | NEVER BACK DOWN INC. | Strategy & Research | SURVEY RESEARCH | $60,000 |
| Largest this cycle | 2024-08-21 | ELECT PRINCIPLED VETERANS FUND (EPV FUND) | Strategy & Research | NON-IE POLLING | $51,000 |
| Largest this cycle | 2024-10-24 | NRCC | Strategy & Research | SURVEY RESEARCH | $51,000 |
| Recent | 2024-10-03 | NRCC | Strategy & Research | SURVEY RESEARCH | $25,000 |
| Recent | 2024-09-12 | KEEPING CALIFORNIANS WORKING, A COALITION OF EDUCATORS, INSURANCE AGENTS, TRANSPORTATION, ENERGY, AND HEALTH CARE PROVIDERS | Strategy & Research | — | $15,333 |