SPENCER FEDERAL LLC
SPENCER FEDERAL LLC is a digital vendor. In the 2025-2026 cycle SPENCER FEDERAL LLC was paid $443K across 8 client committees, of which $149K 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 |
$294,606 | 23 rows | 66.4% |
| Independent Expenditures money this entity spent supporting candidates, NOT a committee paying them |
$148,838 | 4 rows | 33.6% |
- Activity span ALL TIME
- Aug 1, 2023 → May 19, 2026
- spans 2.8 years
- Disbursements ALL TIME
- 23
- Schedule B + IE rows
- Client committees ALL TIME
- 8
- 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.
No buyer activity in this window.
Top buyers last 3 months · top 1
| Filer | Total spend | Disbursements |
|---|---|---|
| MONTANA WAY C00890905 |
$3,000 | 1 |
Top buyers last 6 months · top 6
| Filer | Total spend | Disbursements |
|---|---|---|
| GEORGIA FIRST ACTION PAC C00904706 |
$22,459 IE $22,459 |
1 |
| RULLI, MICHAEL OH · House REP |
$6,448 | 2 |
| STOP THE SQUEEZE C00932806 |
$3,740 | 1 |
| MONTANA WAY C00890905 |
$3,000 | 1 |
| CARTER, JOHN R REP. TX · House REP |
$2,288 | 1 |
| LISA, CARLQUIST GA · House REP |
$1,590 | 1 |
Top buyers last 12 months · top 6
| Filer | Total spend | Disbursements |
|---|---|---|
| GEORGIA FIRST ACTION PAC C00904706 |
$22,459 IE $22,459 |
1 |
| RULLI, MICHAEL OH · House REP |
$14,491 | 3 |
| STOP THE SQUEEZE C00932806 |
$3,740 | 1 |
| MONTANA WAY C00890905 |
$3,000 | 1 |
| CARTER, JOHN R REP. TX · House REP |
$2,288 | 1 |
| LISA, CARLQUIST GA · House REP |
$1,590 | 1 |
Top buyers last 18 months · top 7
| Filer | Total spend | Disbursements |
|---|---|---|
| GEORGIA FIRST ACTION PAC C00904706 |
$22,459 IE $22,459 |
1 |
| RULLI, MICHAEL OH · House REP |
$14,491 | 3 |
| STOP THE SQUEEZE C00932806 |
$3,740 | 1 |
| MONTANA WAY C00890905 |
$3,000 | 1 |
| ALABAMA CONSERVATIVES C00906685 |
$3,000 | 1 |
| CARTER, JOHN R REP. TX · House REP |
$2,288 | 1 |
| LISA, CARLQUIST GA · House REP |
$1,590 | 1 |
Top buyers last 24 months · top 9
| Filer | Total spend | Disbursements |
|---|---|---|
| RULLI, MICHAEL OH · House REP |
$151,764 | 10 |
| ROOSEVELT SOCIETY ACTION C00889246 |
$126,379 IE $126,379 |
3 |
| GEORGIA FIRST ACTION PAC C00904706 |
$22,459 IE $22,459 |
1 |
| STOP THE SQUEEZE C00932806 |
$3,740 | 1 |
| ALABAMA CONSERVATIVES C00906685 |
$3,000 | 1 |
| MONTANA WAY C00890905 |
$3,000 | 1 |
| CARTER, JOHN R REP. TX · House REP |
$2,288 | 1 |
| CRENSHAW, DANIEL TX · House REP |
$1,722 | 1 |
| LISA, CARLQUIST GA · House REP |
$1,590 | 1 |
By party
Revenue by party
| Party | Amount | % |
|---|---|---|
| Democratic | $0 | 0.00% |
| Republican | $437,814 | 98.73% |
| Non-partisan | $5,629 | 1.27% |
Part III Reference tables
Full all-time and cycle-to-date data.
Money flow through this vendor
Where their ad buys point
IE payers (left) → races the buys targeted (right) · independent-expenditure filings onlyNo activity in the last 1 months.
No activity in the last 3 months.
Cycle-over-cycle trajectory
current cycle earlier election cycle off-cycle year quarterly · 4 years
| Year | Q | Cycle | Total | Txns | Top buyer · share | Top category · share | Cum. (cycle) | YoY % |
|---|---|---|---|---|---|---|---|---|
| 2023 | Q3 | 2024 | $3K | 2 | LEVINSON, ERIC 100% | Digital 100% | $3K | — |
| 2023 | Q4 | 2024 | $1K | 1 | LEVINSON, ERIC 100% | Digital 100% | $4K | — |
| 2024 | Q1 | 2024 | $93K | 3 | RULLI, MICHAEL 97% | Digital 100% | $97K | — |
| 2024 | Q2 | 2024 | $30K | 1 | RULLI, MICHAEL 100% | Digital 100% | $128K | — |
| 2024 | Q3 | 2024 | $48K | 4 | RULLI, MICHAEL 96% | Digital 100% | $175K | — |
| 2024 | Q4 | 2024 | $91K | 4 | RULLI, MICHAEL 100% | Digital 100% | $266K | — |
| 2025 | Q3 | 2026 | $3K | 1 | ALABAMA CONSERVATIVES 100% | Software & Tech 100% | $3K | -5% |
| 2026 | Q1 | 2026 | $19K | 5 | RULLI, MICHAEL 59% | Digital 88% | $22K | -80% |
| 2026 | Q2 | 2026 | $7K | 2 | RULLI, MICHAEL 54% | — | $28K | -78% |
Revenue by service category
No category revenue in this window.
No category revenue in this window.
| Category | Total spend | Txns | Avg check | % of total | Top buyer · share | Last paid |
|---|---|---|---|---|---|---|
| Digital | $282,788 | 19 | $15K | 99.0% | RULLI, MICHAEL 95% | 4mo ago |
| Software & Tech | $3,000 | 1 | $3K | 1.0% | ALABAMA CONSERVATIVES 100% | 12mo ago |
Client retention
Sticky-relationship signal: how many clients keep coming back across cycles vs one-time buyers.
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 | |
|---|---|---|---|---|
| OH | $272,189 | 92.4% | 1 | |
| NC | $7,076 | 2.4% | 1 | |
| WI | $6,740 | 2.3% | 2 | |
| TX | $4,010 | 1.4% | 2 | |
| AL | $3,000 | 1.0% | 1 | |
| GA | $1,590 | 0.5% | 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 | 2024-02-13 | RULLI, MICHAEL | Digital | MAIL PRODUCTION & SERVICES | $70,245 |
| Largest all-time | 2024-10-10 | RULLI, MICHAEL | Digital | CAMPAIGN CONSULTING, PRINTING, MAIL AND DIGITAL | $53,226 |
| Largest all-time | 2024-06-15 | RULLI, MICHAEL | Digital | CAMPAIGN CONSULTING, PRINTING, MAIL AND DIGITAL | $30,180 |
| Largest all-time | 2024-09-03 | RULLI, MICHAEL | Digital | CAMPAIGN CONSULTING, PRINTING, MAIL AND DIGITAL | $30,000 |
| Largest all-time | 2024-03-28 | RULLI, MICHAEL | Digital | CAMPAIGN CONSULTING, PRINTING, MAIL AND DIGITAL | $20,000 |
| Largest this cycle | 2026-01-02 | RULLI, MICHAEL | Digital | CAMPAIGN CONSULTING, PRINTING, MAIL AND DIGITAL | $8,044 |
| Largest this cycle | 2026-03-17 | STOP THE SQUEEZE | Digital | DIGITAL CONSULTING | $3,740 |
| Largest this cycle | 2026-04-14 | RULLI, MICHAEL | — | CAMPAIGN CONSULTING, PRINTING, MAIL AND DIGITAL | $3,530 |
| Largest this cycle | 2026-05-19 | MONTANA WAY | — | PRINTING | $3,000 |
| Largest this cycle | 2025-07-11 | ALABAMA CONSERVATIVES | Software & Tech | GRAPHIC DESIGN / WEBSITE HOSTING | $3,000 |
| Recent | 2026-03-18 | CARTER, JOHN R REP. | — | POLITICAL STRATEGY CONSULTING | $2,288 |
| Recent | 2026-03-17 | LISA, CARLQUIST | Digital | DIGITAL CONSULTING | $1,590 |