The Adorama NOligarchy Profile
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Adorama earns a NOligarchy Score of 92.93 out of 100 — a strong mark in a sector where the largest incumbents routinely drag the averages down. The score reflects a company with no confirmed lobbying spend, no Political Action Committee (PAC), a clean regulatory docket, and the structural opacity that comes with private ownership: no SEC filings, no published executive pay, and no shareholder-payout disclosures.
Current Pillar Scores
Political Access
95.1
Wealth Extraction
74.7
Playing by the Rules
100.0
Score history — 23 quarters
Tier bands show where each quarter's score falls — no numeric y-axis needed. The dashed ring marks the year-over-year comparison point. Tap any quarter but the first to see its pillar breakdown.
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Political Access Grade: 95.06/100. Nearly clean. The only confirmed federal political activity during Q3 2024 through Q2 2026 (8 quarters — the two-year tracking period) is $7,000 in individual executive donations to federal candidates, recorded in Q1 2026. No federal lobbying filings and no PAC contributions were matched to the company.
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Wealth Extraction Grade: 74.72/100. The profile’s structural weak point. As a privately held company, Adorama files nothing with the Securities and Exchange Commission (SEC). CEO pay, stock buybacks, and dividends remain invisible to the public. An industry-benchmark estimate is the best available measure of the executive pay gap.
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Playing by the Rules Grade: 100/100. Zero regulatory penalties and zero public subsidies were matched to Adorama during the two-year period.
Adorama ranks 6th out of 12 companies in the Electronics and Appliance Retailers sector, with a score of 92.93 against a sector average of 83.5. That puts the company solidly above the peer midpoint — a meaningful gap in a sector where the bottom scorer sits at 40.0.
The Bottom Line: Strong on the Public Record, Dark Where Disclosure Ends
Adorama’s cleanest accountability finding is also its most straightforward: no lobbying spend, no PAC, no fines, and no government grants across the two-year period. The $7,000 in executive political donations is the only confirmed federal political activity on record, and the regulatory docket is empty. What the public record cannot reach is the wealth-distribution story inside the company itself — what the chief executive earns, whether owners extracted cash through dividends or buybacks, and how those figures compare to what the workers on the floor and behind the camera counter take home. Private structure does not make those choices any less real; it simply makes them invisible.
A Modest but Confirmed Footprint
Adorama’s political grade is 95.06 out of 100 — very close to clean, but not spotless. The gap traces to a single confirmed event: $7,000 in individual executive donations to federal candidates, recorded by the Federal Election Commission (FEC) in Q1 2026. That is a modest sum — less than one mid-tier fundraiser dinner — but it is confirmed activity, which is more than the Senate Lobbying Disclosure Act (LDA) database shows: zero federal lobbying filings linked to Adorama across the entire two-year period. The company also operated no PAC and retained no outside lobbying firms.
For a retailer trading in cameras, professional audio gear, and consumer electronics, there is no shortage of federal policy terrain with direct business stakes — tariff schedules on imported electronics, e-commerce sales-tax rules, right-to-repair legislation, and consumer data-privacy frameworks all touch a company in Adorama’s space. Whether those interests are pursued through channels not yet matched to the company in public records is not something the available data can answer.
An Undisclosed Pay Gap
Because Adorama is privately held, the standard instruments for measuring how wealth flows from revenues to executives versus the workforce — SEC proxy statements, 10-K disclosures, buyback filings — do not exist here. The company is not required to publish what its chief executive earns, and it has not done so voluntarily.
The best available figure is 24:1, based on AFL-CIO Executive Paywatch industry benchmarks for comparable companies in this sector. That is an estimate derived from sector peers, not a number Adorama has disclosed. No stock buyback or dividend data is on record for the two-year period — not because these activities have not occurred, but because the company files no disclosures that would make them visible.
A Clean Record on the Public Docket
No regulatory fines, penalties, or public subsidies were matched to Adorama during Q3 2024 through Q2 2026. Across the consumer protection, product safety, employment, and advertising frameworks that govern a retailer in Adorama’s space, the sources this project tracks returned no enforcement actions and no government grants linked to the company during the two-year period. That is a genuine clean result on the public docket as it currently stands.