SW2 POLITICAL

$502K 2025-2026 cycle

SW2 POLITICAL is a strategy & research vendor. In the 2025-2026 cycle SW2 POLITICAL was paid $502K across 7 client committees.

Strategy & Research ● Recent

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
Sep 24, 2021 → Jul 24, 2026
spans 4.8 years
Disbursements ALL TIME
82
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
$244K 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.

VIEW 1 DIAGRAM DECORATIVE

Top buyers last 1 months · top 1

AFC VICTORY FUND $13K Digital · 3 txns SP SW2 POLITICAL
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
AFC VICTORY FUND
00088032
 $13,455 3
View all buyers in research · last 1 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 3 months · top 4

AFC VICTORY FUND $46K Digital · 6 txns TEAM MORRISEY $8K — · 1 txn BLACK BEAR PAC, INC. $7K — · 1 txn SOUTH DAKOTA VALUES PAC $4K — · 1 txn SP SW2 POLITICAL
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
AFC VICTORY FUND
00088032
 $46,169 6
TEAM MORRISEY
C00711929
 $8,000 1
BLACK BEAR PAC, INC.
C00708644
 $7,000 1
SOUTH DAKOTA VALUES PAC
C00913020
 $4,136 1
View all buyers in research · last 3 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 6 months · top 4

AFC VICTORY FUND $46K Digital · 6 txns BLACK BEAR PAC, INC. $28K Strategy & Research · 3 txns SOUTH DAKOTA VALUES PAC $17K Strategy & Research · 3 txns TEAM MORRISEY $10K Strategy & Research · 2 txns SP SW2 POLITICAL
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
AFC VICTORY FUND
00088032
 $46,169 6
BLACK BEAR PAC, INC.
C00708644
 $28,315 3
SOUTH DAKOTA VALUES PAC
C00913020
 $16,549 3
TEAM MORRISEY
C00711929
 $10,000 2
View all buyers in research · last 6 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 12 months · top 4

TEAM MORRISEY $90K Travel & Events · 6 txns BLACK BEAR PAC, INC. $60K Strategy & Research · 9 txns AFC VICTORY FUND $46K Digital · 6 txns SOUTH DAKOTA VALUES PAC $43K Strategy & Research · 9 txns SP SW2 POLITICAL
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
TEAM MORRISEY
C00711929
 $89,694 6
BLACK BEAR PAC, INC.
C00708644
 $60,429 9
AFC VICTORY FUND
00088032
 $46,169 6
SOUTH DAKOTA VALUES PAC
C00913020
 $42,778 9
View all buyers in research · last 12 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 18 months · top 5

BLACK BEAR PAC, INC. $95K Strategy & Research · 16 txns TEAM MORRISEY $90K Travel & Events · 6 txns AFC VICTORY FUND $46K Digital · 6 txns SOUTH DAKOTA VALUES PAC $43K Strategy & Research · 9 txns BUCKEYE FREEDOM FUND $2K Strategy & Research · 2 txns SP SW2 POLITICAL
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
BLACK BEAR PAC, INC.
C00708644
 $95,429 16
TEAM MORRISEY
C00711929
 $89,694 6
AFC VICTORY FUND
00088032
 $46,169 6
SOUTH DAKOTA VALUES PAC
C00913020
 $42,778 9
BUCKEYE FREEDOM FUND
C00796177
 $2,000 2
View all buyers in research · last 18 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 24 months · top 5

BLACK BEAR PAC, INC. $125K Strategy & Research · 20 txns TEAM MORRISEY $90K Travel & Events · 6 txns AFC VICTORY FUND $46K Digital · 6 txns SOUTH DAKOTA VALUES PAC $43K Strategy & Research · 9 txns BUCKEYE FREEDOM FUND $4K Strategy & Research · 4 txns SP SW2 POLITICAL
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
BLACK BEAR PAC, INC.
C00708644
 $125,429 20
TEAM MORRISEY
C00711929
 $89,694 6
AFC VICTORY FUND
00088032
 $46,169 6
SOUTH DAKOTA VALUES PAC
C00913020
 $42,778 9
BUCKEYE FREEDOM FUND
C00796177
 $4,000 4
View all buyers in research · last 24 mo →

By party

Revenue by party

100% R
D · 0%
R · 100%
PartyAmount%
Democratic $0 0.00%
Republican $101,288 20.20%
Non-partisan $400,227 79.80%

Part III Reference tables

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

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Cycle-over-cycle trajectory

202120222023202420252026 Q3 2021 (2022 cycle): $1KQ4 2021 (2022 cycle): $11KQ1 2022 (2022 cycle): $16KQ2 2022 (2022 cycle): $11KQ3 2022 (2022 cycle): $7KQ4 2022 (2022 cycle): $8KQ2 2023 (2024 cycle): $23KQ3 2023 (2024 cycle): $15KQ4 2023 (2024 cycle): $23KQ1 2024 (2024 cycle): $23KQ2 2024 (2024 cycle): $25KQ3 2024 (2024 cycle): $37KQ4 2024 (2024 cycle): $20KQ1 2025 (2026 cycle): $13KQ2 2025 (2026 cycle): $21KQ3 2025 (2026 cycle): $19KQ4 2025 (2026 cycle): $108KQ1 2026 (2026 cycle): $34KQ2 2026 (2026 cycle): $74KQ3 2026 (2026 cycle): $13K Q3Q1Q3Q2Q4Q2Q4Q2Q4Q2Q3 $108K

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 Q3 2022 $1K 1 ADVANCING ARIZONA FORWARD 100% Strategy & Research 100% $1K —
2021 Q4 2022 $11K 3 ADVANCING ARIZONA FORWARD 100% Strategy & Research 100% $12K —
2022 Q1 2022 $16K 4 ADVANCING ARIZONA FORWARD 94% Strategy & Research 100% $28K —
2022 Q2 2022 $11K 3 ADVANCING ARIZONA FORWARD 91% Strategy & Research 100% $39K —
2022 Q3 2022 $7K 4 BLACK BEAR PAC, INC. 100% Strategy & Research 100% $46K —
2022 Q4 2022 $8K 3 BLACK BEAR PAC, INC. 100% Strategy & Research 100% $54K —
2023 Q2 2024 $23K 3 BLACK BEAR PAC, INC. 100% Strategy & Research 100% $23K —
2023 Q3 2024 $15K 3 BLACK BEAR PAC, INC. 97% Strategy & Research 100% $38K +1361%
2023 Q4 2024 $23K 4 BLACK BEAR PAC, INC. 98% Strategy & Research 100% $61K +119%
2024 Q1 2024 $23K 3 BLACK BEAR PAC, INC. 100% Strategy & Research 100% $84K +37%
2024 Q2 2024 $25K 3 BLACK BEAR PAC, INC. 97% Strategy & Research 100% $108K +125%
2024 Q3 2024 $37K 4 ARIZONA'S BOLD ERA PAC (ABE… 59% Strategy & Research 100% $145K +410%
2024 Q4 2024 $20K 2 BLACK BEAR PAC, INC. 100% Strategy & Research 100% $165K +167%
2025 Q1 2026 $13K 5 BLACK BEAR PAC, INC. 77% Strategy & Research 100% $13K —
2025 Q2 2026 $21K 5 BLACK BEAR PAC, INC. 95% Strategy & Research 100% $34K -7%
2025 Q3 2026 $19K 4 BLACK BEAR PAC, INC. 79% Strategy & Research 100% $53K +23%
2025 Q4 2026 $108K 10 TEAM MORRISEY 74% Travel & Events 74% $161K +371%
2026 Q1 2026 $34K 7 BLACK BEAR PAC, INC. 56% Strategy & Research 100% $195K +50%
2026 Q2 2026 $74K 8 AFC VICTORY FUND 44% — $270K +201%
2026 Q3 2026 $13K 3 AFC VICTORY FUND 100% Digital 100% $283K -63%
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Revenue by service category

Revenue by service category

last 1 months · hover bars for cycle context
Digital — cycle-to-date Total: $13K across 3 disbursements (avg $4K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 3w ago · no prior-cycle baseline Digital $13K

Revenue by service category

last 3 months · hover bars for cycle context
Digital — cycle-to-date Total: $13K across 3 disbursements (avg $4K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 3w ago · no prior-cycle baseline Digital $13K

Revenue by service category

last 6 months · hover bars for cycle context
Digital — cycle-to-date Total: $13K across 3 disbursements (avg $4K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 3w ago · no prior-cycle baseline Digital $13K Strategy & Research — cycle-to-date Total: $334K across 67 disbursements (avg $5K/check) Top buyer: BLACK BEAR PAC, INC. (71% of category) Last paid: 4mo ago · +103% vs prior cycle Strategy & Research $13K

Revenue by service category

last 12 months · hover bars for cycle context
Travel & Events — cycle-to-date Total: $80K across 4 disbursements (avg $20K/check) Top buyer: TEAM MORRISEY (100% of category) Last paid: 7mo ago · no prior-cycle baseline Travel & Events $80K Strategy & Research — cycle-to-date Total: $334K across 67 disbursements (avg $5K/check) Top buyer: BLACK BEAR PAC, INC. (71% of category) Last paid: 4mo ago · +103% vs prior cycle Strategy & Research $71K Digital — cycle-to-date Total: $13K across 3 disbursements (avg $4K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 3w ago · no prior-cycle baseline Digital $13K

Revenue by service category

last 18 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $334K across 67 disbursements (avg $5K/check) Top buyer: BLACK BEAR PAC, INC. (71% of category) Last paid: 4mo ago · +103% vs prior cycle Strategy & Research $108K Travel & Events — cycle-to-date Total: $80K across 4 disbursements (avg $20K/check) Top buyer: TEAM MORRISEY (100% of category) Last paid: 7mo ago · no prior-cycle baseline Travel & Events $80K Digital — cycle-to-date Total: $13K across 3 disbursements (avg $4K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 3w ago · no prior-cycle baseline Digital $13K

Revenue by service category

last 24 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $334K across 67 disbursements (avg $5K/check) Top buyer: BLACK BEAR PAC, INC. (71% of category) Last paid: 4mo ago · +103% vs prior cycle Strategy & Research $140K Travel & Events — cycle-to-date Total: $80K across 4 disbursements (avg $20K/check) Top buyer: TEAM MORRISEY (100% of category) Last paid: 7mo ago · no prior-cycle baseline Travel & Events $80K Digital — cycle-to-date Total: $13K across 3 disbursements (avg $4K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 3w ago · no prior-cycle baseline Digital $13K
Per-category breakdown · cycle-to-date
Category Total spend Txns Avg check % of total Top buyer · share Last paid
Strategy & Research $333,921 67 $5K 78.2% BLACK BEAR PAC, INC. 71% 4mo ago
Travel & Events $79,694 4 $20K 18.7% TEAM MORRISEY 100% 7mo ago
Digital $13,455 3 $4K 3.2% AFC VICTORY FUND 100% 3w ago
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Client retention

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

1
Anchor clients 3+ cycles
$258,545 · 52% of revenue
1
Repeat clients 2 cycles
$5,819 · 1% of revenue
5
One-time clients 1 cycle
$237,151 · 47% of revenue
Top 1 anchor clients · all-time
Client Cycles All-time spend Txns First paid Last paid
BLACK BEAR PAC, INC. 3 $258,545 44 2022-02-11 2026-06-10
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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
MA
$258,545 51.6% 1
VA
$107,107 21.4% 4
WV
$89,694 17.9% 1
TX
$46,169 9.2% 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 2025-12-29 TEAM MORRISEY Travel & Events EVENT EXPENSES: LODGING & CATERING SERVICES $45,930
Largest all-time 2024-08-01 ARIZONA'S BOLD ERA PAC (ABE PAC) Strategy & Research STRATEGY CONSULTING $21,504
Largest all-time 2025-12-08 TEAM MORRISEY Travel & Events TRAVEL EXPENSES $17,121
Largest all-time 2024-05-03 BLACK BEAR PAC, INC. Strategy & Research STRATEGY CONSULTING $16,344
Largest all-time 2025-10-29 TEAM MORRISEY Travel & Events TRAVEL EXPENSES $14,612
Largest this cycle 2026-05-05 BLACK BEAR PAC, INC. — STRATEGY CONSULTING, STRATEGY CONSULTING EXPENSE $14,315
Largest this cycle 2026-06-01 AFC VICTORY FUND — NON-TX IE-MAIL $12,068
Recent 2026-06-30 TEAM MORRISEY — POLITICAL STRATEGY CONSULTING $8,000
Recent 2026-07-20 AFC VICTORY FUND Digital NON-TX IE-MAIL AND DIGITAL $7,020
Recent 2026-06-10 BLACK BEAR PAC, INC. — STRATEGY CONSULTING $7,000
Recent 2026-07-22 AFC VICTORY FUND Digital NON-TX IE-MAIL AND DIGITAL $4,070
Recent 2026-07-24 AFC VICTORY FUND Digital NON-TX IE-DIGITAL $2,364
View all disbursements in research →
See all 82 disbursements →