MAGAZINER, SETH -- Democratic Candidate for U.S. House of Representatives
PAC-Driven Fundraising with No Individual Support
MAGAZINER, SETH is a Democratic candidate running for U.S. House of Representatives in Rhode Island, District 02 during the 2024 election cycle. This page provides a comprehensive campaign finance profile based on official FEC filings, including fundraising totals, spending analysis, and funding source breakdowns.
Candidate Profile
The following profile is based on Federal Election Commission (FEC) records for MAGAZINER, SETH's 2024 campaign.
- Candidate Name: MAGAZINER, SETH
- Party Affiliation: Democratic
- Office Sought: U.S. House of Representatives
- State: Rhode Island
- District: 02
- Election Cycle: 2024
- FEC Candidate ID: H2RI02184
- Spending Rate: 59% of funds raised have been spent
AI Funding Analysis
MAGAZINER, SETH has raised $2.0M for the 2024 House race in Rhode Island, with $1.2M spent and $877K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 36.7%. Primarily funded by PACs, with no individual contributions. Significant reliance on organizational contributions, indicating a PAC/org-reliant fundraising strategy. Burn rate is high, suggesting rapid spending. Net cash position is negative, indicating financial strain.
Campaign Fundraising Summary
MAGAZINER, SETH has raised $2.0M for their 2024 House campaign in Rhode Island. The campaign has spent $1.2M (59% of total raised) and currently holds $877K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $2.0M |
| Total Spent | $1.2M |
| Cash on Hand | $877K |
| Spending Rate | 59% |
MAGAZINER, SETH's campaign has spent 59% of its raised funds, maintaining a balance between active campaigning and building reserves. The remaining $877K in cash on hand provides flexibility for future spending.
Funding Sources Breakdown
The following table breaks down where MAGAZINER, SETH's campaign funds come from. Understanding the mix of funding sources reveals how a candidate's campaign is financially supported.
| Source | Amount | % of Total |
|---|---|---|
| Individual & Other Contributions | $1.3M | 63% |
| PAC Contributions | $748K | 37% |
Individual & Other Contributions represent the largest funding category at $1.3M (63% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
MAGAZINER, SETH's campaign is funded by individual contributions (0.0%, $0), PAC contributions (36.7%, $748K), and party committee transfers (0.0%, $0). Other sources account for $1.3M (63.3%).
Donor Patterns
MAGAZINER, SETH's campaign relies heavily on PAC and organizational support, which accounts for 36.7% of total receipts. Key donor sectors include PACs, Other sources, No individual contributions. High burn rate of 59%.
Spending Analysis
MAGAZINER, SETH has spent $1.2M, which is 59.0% of total receipts. The campaign maintains a healthy cash reserve of $877K. Negative net cash position of $327,083.89.
Competitiveness Assessment
MAGAZINER, SETH's financial position is competitive for a House race in Rhode Island. The campaign has raised $2.0M with $877K remaining. Primarily funded by PACs, with $748,354.21 from PACs.
Key Donors Analysis
PAC contributions total $748K. Key sectors and interest groups represented among donors include PACs, Other sources, No individual contributions. No party contributions received.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $748K |
| PACs | Sector | $0 |
| Other sources | Sector | $0 |
| No individual contributions | Sector | $0 |
Race Opponents: 2024 House Rhode Island District 02
The following candidates are competing in the same 2024 House race in Rhode Island, District 02 as MAGAZINER, SETH.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| MAGAZINER, SETH (current) | Democratic | $2.0M | $1.2M |
| CORVI, STEVEN J | Republican | $6K | $3K |
MAGAZINER, SETH has raised more than their opponent in this race. The fundraising advantage ratio is 363.1:1.
Other Candidates in Rhode Island
Top-raising federal candidates in Rhode Island during the 2024 election cycle.
- WHITEHOUSE, SHELDON (DEM, Senate) -- $6.8M raised
- AMO, GABRIEL F (DEM, House) -- $2.6M raised
- CARLSON, DON (DEM, House) -- $1.0M raised
- REGUNBERG, AARON (DEM, House) -- $796K raised
- MATOS, SABINA (DEM, House) -- $683K raised
Democratic House Race in Rhode Island
MAGAZINER, SETH is competing as a Democratic candidate for U.S. House of Representatives in Rhode Island, District 02. U.S. House races are held every two years, with each of the 435 House districts electing one representative. House campaigns vary dramatically in cost depending on the competitiveness and media market of the district.
To explore other candidates running in Rhode Island, visit the Rhode Island campaign finance page. You can also browse all Democratic candidates or view all House races nationwide.
Frequently Asked Questions
How much has MAGAZINER, SETH raised?
MAGAZINER, SETH has raised a total of $2.0M for the 2024 election cycle. Of that, $1.2M has been spent, leaving $877K cash on hand. Individual contributions account for $0, PAC contributions for $748K, and party committee transfers for $0.
Where does MAGAZINER, SETH's campaign money come from?
MAGAZINER, SETH's campaign is funded by individual contributions (0.0%), PAC contributions (36.7%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has MAGAZINER, SETH spent?
MAGAZINER, SETH has spent $1.2M of $2.0M raised, which is 59.0% of total receipts. The campaign has $877K remaining cash on hand.
How much cash does MAGAZINER, SETH have on hand?
MAGAZINER, SETH currently has $877K in cash on hand. This represents the difference between $2.0M raised and $1.2M spent during the 2024 cycle.
How much PAC money has MAGAZINER, SETH received?
MAGAZINER, SETH has received $748K from political action committees, representing 36.7% of total campaign funds. PAC money is the largest funding source.
What party is MAGAZINER, SETH affiliated with?
MAGAZINER, SETH is running as a Democratic candidate for House in Rhode Island. The campaign has raised $2.0M for the 2024 election cycle.
What is MAGAZINER, SETH's campaign burn rate?
MAGAZINER, SETH's campaign has a burn rate of 59%, having spent $1.2M of $2.0M raised. The campaign is conserving funds with a relatively low burn rate.
Is MAGAZINER, SETH financially competitive?
MAGAZINER, SETH's financial position is competitive for a House race. The campaign has raised $2.0M with $877K cash on hand. No individual contributions, relying solely on PACs and other sources.
What does MAGAZINER, SETH's donor base reveal about their coalition?
MAGAZINER, SETH's funding profile is PAC and organization-funded. High burn rate of 59%.
What are the financial strengths and risks for MAGAZINER, SETH's campaign?
Negative net cash position of $327,083.89.
How does MAGAZINER, SETH's fundraising compare to similar campaigns?
Primarily funded by PACs, with $748,354.21 from PACs.
What should voters know about MAGAZINER, SETH's campaign finances?
No party contributions received.
Understanding Campaign Finance Data
Campaign finance data in the United States is regulated by the Federal Election Commission (FEC). All federal candidates -- including those running for President, U.S. Senate, and U.S. House of Representatives -- are required to file periodic financial reports disclosing their campaign contributions and expenditures.
Key terms used in campaign finance reporting include:
- Total Raised (Receipts): The total amount of money received by the campaign from all sources, including individual donors, PACs, party committees, and candidate self-funding.
- Total Spent (Disbursements): The total amount of money the campaign has spent on operations, advertising, payroll, travel, and other campaign activities.
- Cash on Hand: The amount of money remaining in the campaign's accounts after subtracting expenditures from receipts. This represents available resources for future spending.
- Individual Contributions: Donations from individual citizens, subject to contribution limits set by FEC regulations.
- PAC Contributions: Donations from Political Action Committees, which pool contributions from members to support candidates who share their policy interests.
- Party Contributions: Funds provided by national, state, or local party committees to support their party's candidates.
- Candidate Self-Funding: Personal funds contributed or loaned to the campaign by the candidate themselves. Self-funding is not subject to the same contribution limits as outside donations.
All data shown on ReadTheDonation is sourced from official FEC public records. Campaign finance disclosure is a cornerstone of American democratic transparency, allowing voters to understand who is funding political campaigns and how that money is being spent.
Official Source
View the full FEC filing for MAGAZINER, SETH: FEC.gov -- MAGAZINER, SETH
Related Candidates and Resources
- Rhode Island Campaign Finance -- Explore all candidates running in Rhode Island
- Democratic Candidates -- View all Democratic candidates and their fundraising
- House Races -- Browse all House campaigns nationwide
- Top Donors -- See the largest campaign donors across all candidates
- Search Candidates -- Search for any federal candidate or committee
- FEC Official Filing -- Verify MAGAZINER, SETH's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.