SW2 POLITICAL

$528K 2025-2026 cycle

SW2 POLITICAL is a strategy & research vendor. In the 2025-2026 cycle SW2 POLITICAL was paid $528K across 7 client committees.

Strategy & Research ○ Slowing (~2mo since last)

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 28, 2026
spans 4.8 years
Disbursements ALL TIME
84
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
$270K 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.

No buyer activity in this window.

VIEW 1 DIAGRAM DECORATIVE

Top buyers last 3 months · top 2

AFC VICTORY FUND $40K Print & Mail · 5 txns TEAM MORRISEY $8K — · 1 txn SP SW2 POLITICAL
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
AFC VICTORY FUND
00088032
 $39,605 5
TEAM MORRISEY
C00711929
 $8,000 1
View all buyers in research · last 3 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 6 months · top 4

AFC VICTORY FUND $72K Print & Mail · 8 txns BLACK BEAR PAC, INC. $21K — · 2 txns SOUTH DAKOTA VALUES PAC $12K — · 2 txns TEAM MORRISEY $8K — · 1 txn SP SW2 POLITICAL
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
AFC VICTORY FUND
00088032
 $72,320 8
BLACK BEAR PAC, INC.
C00708644
 $21,315 2
SOUTH DAKOTA VALUES PAC
C00913020
 $12,416 2
TEAM MORRISEY
C00711929
 $8,000 1
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 AFC VICTORY FUND $72K Print & Mail · 8 txns BLACK BEAR PAC, INC. $60K Strategy & Research · 9 txns SOUTH DAKOTA VALUES PAC $39K Strategy & Research · 8 txns SP SW2 POLITICAL
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
TEAM MORRISEY
C00711929
 $89,694 6
AFC VICTORY FUND
00088032
 $72,320 8
BLACK BEAR PAC, INC.
C00708644
 $60,429 9
SOUTH DAKOTA VALUES PAC
C00913020
 $38,765 8
View all buyers in research · last 12 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 18 months · top 5

BLACK BEAR PAC, INC. $90K Strategy & Research · 15 txns TEAM MORRISEY $90K Travel & Events · 6 txns AFC VICTORY FUND $72K Print & Mail · 8 txns SOUTH DAKOTA VALUES PAC $43K Strategy & Research · 9 txns BUCKEYE FREEDOM FUND $1K Strategy & Research · 1 txn SP SW2 POLITICAL
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
BLACK BEAR PAC, INC.
C00708644
 $90,429 15
TEAM MORRISEY
C00711929
 $89,694 6
AFC VICTORY FUND
00088032
 $72,320 8
SOUTH DAKOTA VALUES PAC
C00913020
 $42,778 9
BUCKEYE FREEDOM FUND
C00796177
 $1,000 1
View all buyers in research · last 18 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 24 months · top 5

BLACK BEAR PAC, INC. $120K Strategy & Research · 19 txns TEAM MORRISEY $90K Travel & Events · 6 txns AFC VICTORY FUND $72K Print & Mail · 8 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
 $120,429 19
TEAM MORRISEY
C00711929
 $89,694 6
AFC VICTORY FUND
00088032
 $72,320 8
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 19.20%
Non-partisan $426,378 80.80%

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): $40K 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 $40K 5 AFC VICTORY FUND 100% Print & Mail 66% $309K +8%
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Revenue by service category

No category revenue in this window.

Revenue by service category

last 3 months · hover bars for cycle context
Print & Mail — cycle-to-date Total: $26K across 2 disbursements (avg $13K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 8w ago · no prior-cycle baseline Print & Mail $26K Digital — cycle-to-date Total: $13K across 3 disbursements (avg $4K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 2mo ago · no prior-cycle baseline Digital $13K

Revenue by service category

last 6 months · hover bars for cycle context
Print & Mail — cycle-to-date Total: $26K across 2 disbursements (avg $13K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 8w ago · no prior-cycle baseline Print & Mail $26K Digital — cycle-to-date Total: $13K across 3 disbursements (avg $4K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 2mo ago · no prior-cycle baseline Digital $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: 9mo 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: 6mo ago · +103% vs prior cycle Strategy & Research $67K Print & Mail — cycle-to-date Total: $26K across 2 disbursements (avg $13K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 8w ago · no prior-cycle baseline Print & Mail $26K Digital — cycle-to-date Total: $13K across 3 disbursements (avg $4K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 2mo 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: 6mo ago · +103% vs prior cycle Strategy & Research $102K Travel & Events — cycle-to-date Total: $80K across 4 disbursements (avg $20K/check) Top buyer: TEAM MORRISEY (100% of category) Last paid: 9mo ago · no prior-cycle baseline Travel & Events $80K Print & Mail — cycle-to-date Total: $26K across 2 disbursements (avg $13K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 8w ago · no prior-cycle baseline Print & Mail $26K Digital — cycle-to-date Total: $13K across 3 disbursements (avg $4K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 2mo 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: 6mo ago · +103% vs prior cycle Strategy & Research $135K Travel & Events — cycle-to-date Total: $80K across 4 disbursements (avg $20K/check) Top buyer: TEAM MORRISEY (100% of category) Last paid: 9mo ago · no prior-cycle baseline Travel & Events $80K Print & Mail — cycle-to-date Total: $26K across 2 disbursements (avg $13K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 8w ago · no prior-cycle baseline Print & Mail $26K Digital — cycle-to-date Total: $13K across 3 disbursements (avg $4K/check) Top buyer: AFC VICTORY FUND (100% of category) Last paid: 2mo 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 73.7% BLACK BEAR PAC, INC. 71% 6mo ago
Travel & Events $79,694 4 $20K 17.6% TEAM MORRISEY 100% 9mo ago
Print & Mail $26,151 2 $13K 5.8% AFC VICTORY FUND 100% 8w ago
Digital $13,455 3 $4K 3.0% AFC VICTORY FUND 100% 2mo 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 · 49% of revenue
1
Repeat clients 2 cycles
$5,819 · 1% of revenue
5
One-time clients 1 cycle
$263,301 · 50% 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 49.0% 1
VA
$107,107 20.3% 4
WV
$89,694 17.0% 1
TX
$72,320 13.7% 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 2026-07-28 AFC VICTORY FUND Print & Mail NON-TX IE-DIRECT MAIL $18,764
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 this cycle 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
Recent 2026-07-27 AFC VICTORY FUND Print & Mail NON-TX IE-DIRECT MAIL $7,386
Recent 2026-07-20 AFC VICTORY FUND Digital NON-TX IE-MAIL AND DIGITAL $7,020
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 84 disbursements →