DEMOCRACY PAC — $102.4 million in FEC Super PAC receipts

A receipt total that is almost all individual money

DEMOCRACY PAC's $102,357,828.19 in receipts sits next to $102,000,000.00 in individual contributions. That is about 99.7% of inflows coded as individual. Few Super PAC packets in this batch show that tight a match. The leftover $357,828.19 is other reported receipt activity that this packet does not name.

A round $102,000,000 individual line is still an FEC aggregate, not a count of donors. It could be many gifts or few. Itemized schedules, not this summary, answer that. Super PAC contribution rules allow large individual gifts; the 99.7% figure describes category mix, not average check size.

Cite the packet facts in this order: $102,357,828.19 received, $33,244,711.02 disbursed, $102,000,000.00 individual, treasurer Michael Vachon, Washington, D.C., committee C00693382. A 99.7% individual share next to 32.5% spend-through means almost all inflows are coded individual and about two-thirds are unmatched by disbursements in this aggregate.

A round $102,000,000 individual line is still an aggregate. One donor or many could produce it. Itemized schedules, not this guide, list names. Independent-expenditure-only status means Super PAC, not a civic grade. Democracy in the name is the FEC label. LobbyVault does not score it.

Disbursements of $33.2 million

Total disbursements are $33,244,711.02, about 32.5% of receipts. DEMOCRACY PAC has reported spending roughly one-third of what it reported raising in these aggregates. The packet does not call the difference cash on hand. It also does not say the $33.2 million was all independent expenditures.

Form 3X disbursement totals are a bucket. Independent-expenditure line items, if the committee filed them, are a subset that must be read on FEC schedules. LobbyVault's Super PAC tracker groups committees like C00693382 by type so that a $102.4 million receipt total is not mistaken for a candidate campaign total.

Committee C00693382 and the treasurer field

The FEC committee ID is C00693382. City and state of record are Washington, D.C. Treasurer of record is Michael Vachon. Those fields are how to match DEMOCRACY PAC across the PAC directory when other committees use similar words in their names.

Independent-expenditure-only status is the Super PAC flag on this packet. It means the committee is classified for independent expenditures, not that LobbyVault has reviewed every ad. Filings first; narrative later, and not on this page.

What "DEMOCRACY PAC" does and does not tell you

The name is the name on the FEC statement of organization. It is not a finding that the committee funds democracy, and it is not a finding that it does not. Dollar figures — $102,357,828.19 received, $33,244,711.02 disbursed, $102,000,000.00 individual — are the record this guide is allowed to cite.

Readers who want vendor lists, IE targets, or donor names need the committee page overlay and the original FEC reports. This prose stops at the packet facts.

How to place these totals next to other Super PACs

Use the Super PAC tracker to see other independent-expenditure-only committees on the same Form 3X basis. Use the DEMOCRACY PAC committee page for C00693382 as the table view. Do not add these receipts into party-committee or candidate totals without checking form type. Mixing Form 3 and Form 3X is a common error; this page exists to keep C00693382 in the Super PAC bucket.

A 99.7% individual share is still an aggregate

DEMOCRACY PAC's $102,000,000.00 individual line against $102,357,828.19 in receipts is a category match, not a donor census. One gift or many could produce a round $102 million. Itemized schedules, not this guide, answer that. Super PAC rules allow large individual contributions, so 99.7% individual money is coding, not small-dollar proof.

Disbursements of $33,244,711.02 leave a large gap under the receipt line. That gap is not cash on hand in this packet. Michael Vachon as treasurer and Washington, D.C., as the address of record identify committee C00693382. They do not map the $33.2 million to vendors.

The committee name is the FEC name of record. LobbyVault does not grade democracy. Independent-expenditure-only status means Form 3X, not Form 3. Keep $102,357,828.19 off of candidate campaign ledgers.

Use the DEMOCRACY PAC committee page for overlay tables. Use the Super PAC tracker to compare other type-O committees with near-total individual coding. Use the PAC directory when similar names collide. No voting advice follows from the filings.

Questions

How much has DEMOCRACY PAC raised from individuals?

Individual contributions are $102,000,000.00 against $102,357,828.19 in total receipts, about 99.7%. Disbursements are $33,244,711.02. The committee ID is C00693382. Donor names are not in this packet.

Is DEMOCRACY PAC a Super PAC?

Yes. It is flagged as independent-expenditure-only. That FEC type is why the totals live on Form 3X committee aggregates rather than on a candidate's campaign report. The name is the FEC committee name, not a LobbyVault rating.

Who is the treasurer of DEMOCRACY PAC?

Michael Vachon is the treasurer of record. The city and state of record are Washington, D.C. Treasurer is the person listed on FEC organization and financial reports for committee C00693382.

Did DEMOCRACY PAC spend all of the $102 million it raised?

No. Disbursements are $33,244,711.02, about 32.5% of receipts. The packet does not classify the unspent difference as cash on hand or as reserved for future independent expenditures.