Federalist Radio Hour The Money Behind The Left’s ‘No Kings’ Movement
Mar 31, 2026
Parker Thayer, investigative researcher at the Capital Research Center who tracks nonprofit funding and dark money, breaks down who bankrolls and organizes the No Kings demonstrations. He outlines the movement’s loose goals, the professional protest infrastructure behind it, how donor anonymity and megaphone philanthropy work, and why tactics may grow more theatrical heading into the midterms.
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No Kings Is A Diffuse Protest Network
- No Kings is a diffuse national protest network without a clear policy goal.
- Parker Thayer says it functions as an amalgamation of left-leaning groups stitched together under Indivisible and similar organizers.
Indivisible Operates The Organizing Backbone
- Indivisible Civics is the central professional-organizer hub behind many No Kings actions.
- Thayer names Leah Greenberg and Ezra Levin and notes Indivisible operates 501(c)(3), 501(c)(4) and PAC arms to mobilize protests.
Huge Coalition Masks Actual Funding
- The No Kings coalition includes hundreds of groups with billions in collective revenue, but that doesn't equal direct funding for the protests.
- Thayer notes Fox reported a 500-group coalition, making precise funding tracing difficult.