Carolina Rising Sun

A recent sliver of sunlight reveals slightly more about the dark money group Carolina Rising than previously known. The 501(c)4 organization led by Dallas Woodhouse filed its first tax return, for the 2014 tax year, on August 12th. The return shows income of $4,880,000 and expenses of $4,799,344 for the period beginning March 25, 2014 and ending December 31, 2014. The bulk of expense payments was $4,654,645 to Crossroads Media, LLC, in Alexandria VA, for TV and cable ads. The revenue came in donations from two unnamed contributors, one in the amount of $4,820,000 and another in the amount of $60,000.

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