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BLM paid execs millions despite being nearly $9M in the red: tax documents

  • The Black Lives Matter Global Network Foundation Inc raised just over $9 million in its last fiscal year, significantly less than the $79 million in revenue reported in the previous tax filing.
  • The foundation spent more money than it earned in its last fiscal year and cut operating expenses by nearly 55% as the racial justice fundraising environment returned to norms.
  • The foundation continued its business relationship with security contractor Paul Cullors, the brother of BLM co-founder Patrisse Cullors, who resigned as foundation director in 2021 amidst accusations of misusing BLM donations.
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