TRUTH AND COURAGE PAC — $3.38 million in FEC Super PAC receipts

Under-half spend-through on $1,482,782.52 disbursed

Total disbursements of $1,482,782.52 are about 43.9% of $3,377,345.19 in receipts. TRUTH AND COURAGE PAC has reported spending less than half of reported inflows in these aggregates. The leftover $1,894,562.67 is not labeled cash on hand in this packet.

Courage in the committee name does not prove the $1.48 million was independent expenditures. Form 3X disbursement totals mix operating costs and IE activity until schedules are opened on FEC.gov for C00796045. This page does not split ads from overhead.

A 43.9% spend-through ratio sits well below Super PACs in this set that empty the register. Cite the two lines as they print. Do not invent a cash-on-hand figure the packet does not include.

Individual contributions of $2,734,427.01

Individual contributions of $2,734,427.01 are about 81.0% of $3,377,345.19. The remaining $642,918.18 of inflows sits in other FEC receipt categories this packet does not name. Eighty-one percent individual is a high Super PAC individual share, not a 99% clone.

A $2.73 million individual total is a category aggregate, not a donor list. Super PAC rules allow large individual gifts. Itemized contributor schedules, where required, live on FEC.gov. This overlay does not name those people.

Austin, Texas, treasurer Cabell Hobbs

City and state of record are Austin, Texas. Treasurer of record is Cabell Hobbs. Committee ID is C00796045. Truth and Courage collides with other virtue-titled PACs in the PAC directory; the C-number is the match key.

Texas as the address of record does not confine independent expenditures to Texas races. Super PAC Form 3X activity can be reported in any federal contest the committee files. Cabell Hobbs identifies the statement of organization. The same treasurer name appears on SOLUTIONS FOR WISCONSIN in this Super PAC set; match on C00796045, not on the treasurer string alone.

Independent-expenditure Super PAC, not a candidate committee

These totals are not a candidate's Form 3 campaign report. They are not a truth-ranking. They are $3,377,345.19 received, $1,482,782.52 disbursed, and $2,734,427.01 individual on a type-O committee. LobbyVault does not endorse the committee or any candidate.

Do not fold $3,377,345.19 into an authorized campaign. Do not merge C00796045 with a similarly named 501. Only the Super PAC Form 3X totals are citeable here.

How to read the overlay

Open the TRUTH AND COURAGE PAC committee page for the tables. Use the Super PAC tracker to compare type-O committees with spend-through under 50%. Use the PAC directory when Truth or Courage in the title collides.

Cite FEC.gov Form 3X aggregates as the source. Public records describe filings. They do not describe what any voter should do.

Under-half spend-through with an Austin treasurer already in this set

TRUTH AND COURAGE PAC reported $3,377,345.19 received and only $1,482,782.52 disbursed, about 43.9% spend-through. That under-half ratio is the distinctive outflow fact. Individual contributions of $2,734,427.01 are about 81.0% of receipts, so inflows are mostly individual while outflows lag. The leftover $642,918.18 of receipts is unnamed. The $1,894,562.67 gap on the outflow side is not cash on hand.

Cabell Hobbs as treasurer and Austin, Texas, as the city of record also appear on SOLUTIONS FOR WISCONSIN in this batch. Match on C00796045. Truth and courage are name words. They are not a fact-check. Independent-expenditure-only status keeps $3,377,345.19 on Form 3X. Texas as the address of record does not confine independent expenditures to Texas.

Open FEC schedules if you need donors or independent-expenditure payees. Use the TRUTH AND COURAGE PAC committee page, the Super PAC tracker for other sub-50% spend-through type-O committees, and the PAC directory when Truth or Courage collides. Cite FEC.gov. LobbyVault does not endorse the committee. Public records describe filings. They do not describe what any voter should do.

If you cite TRUTH AND COURAGE PAC, lead with under-half spend-through: $1,482,782.52 of $3,377,345.19, individuals $2,734,427.01, committee C00796045. Cabell Hobbs and Austin, Texas, complete the identity block. About 43.9% spend-through and about 81.0% individual is a high-individual, lagging-outflow pairing. Truth and courage stay filing words. Independent-expenditure-only Super PAC is the type. Match on the C-number when the treasurer string appears on SOLUTIONS FOR WISCONSIN. FEC.gov holds the schedules this overlay does not reprint.

Questions

How much has TRUTH AND COURAGE PAC Super PAC raised?

Committee C00796045 reported $3,377,345.19 in total receipts and $1,482,782.52 in total disbursements on FEC Form 3X aggregates. Individual contributions are $2,734,427.01, about 81.0% of receipts. Treasurer of record is Cabell Hobbs.

Is TRUTH AND COURAGE PAC a candidate committee?

No. It is flagged as an independent-expenditure-only Super PAC. Totals are Form 3X committee figures, not an authorized campaign's Form 3 report.

Where is TRUTH AND COURAGE PAC registered?

The city and state of record are Austin, Texas. The treasurer of record is Cabell Hobbs. The FEC committee ID is C00796045. A Texas address does not limit where independent expenditures may be reported.

Did TRUTH AND COURAGE PAC spend most of what it raised?

Disbursements of $1,482,782.52 are about 43.9% of $3,377,345.19 in receipts — under half. The packet does not report cash on hand. That ratio is a Form 3X pairing, not a bank statement.