The Nebraska Furniture Mart NOligarchy Profile
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NOligarchy Score
88.7
/ 100
nfm.com
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Ranked in
Furniture & Home Decor
#3
Subsidiary of Berkshire Hathaway Inc
Nebraska Furniture Mart earns a NOligarchy Score of 88.57 out of 100 — built on a clean compliance record, zero federal lobbying activity, and no recorded government subsidies, offset by a Political Action Committee (PAC) that channeled $366,500 into electoral politics from Q3 2024 through Q2 2026 (8 quarters — the two-year tracking period).
Current Pillar Scores
Political Access and Wealth Extraction include disclosures reported at the Berkshire Hathaway Inc (parent company) level. Playing by the Rules reflects this company directly.
Political Access
82.2
Wealth Extraction
79.2
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: 82.17/100. Nebraska Furniture Mart operated a PAC that spent $366,500 across the two-year period, alongside $12,577 in personal campaign contributions from employees listed under the company’s name in Federal Election Commission (FEC) filings. No federal lobbying fees were filed and no outside influence firms were retained.
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Wealth Extraction Grade: 78.84/100. As a privately held subsidiary of Berkshire Hathaway Inc, Nebraska Furniture Mart files no standalone executive compensation disclosures. No stock buyback or dividend data is recorded for this entity. A best-available pay ratio estimate is drawn from industry benchmarks.
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Playing by the Rules Grade: 100/100. No fines, penalties, or regulatory infractions appear on the public record for this company. No government subsidies are recorded either.
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Sector Context: Nebraska Furniture Mart ranks 5th out of 9 in the Furniture and home furnishings retailers sector, with a score of 88.57 against a sector average of 78.3. Four peers — Overstock, RH, Everything Kitchens, and Sur La Table — score higher, but Nebraska Furniture Mart sits above the sector average, reflecting a stronger accountability standing than most companies sharing its federal industry classification.
The Bottom Line: A PAC With No Regulatory Bill to Justify It
Nebraska Furniture Mart is a retail operation tucked inside one of the most powerful private conglomerates in the world. Across the two-year period from Q3 2024 through Q2 2026, it collected no government subsidies, filed no federal lobbying activity, and accumulated zero regulatory infractions. On the metrics that measure corporate overreach, that is a strong record. What stands out is the PAC: $366,500 funneled into electoral politics over the same span, with not a single fine on the public docket to provide scale. Because Nebraska Furniture Mart is a private subsidiary, the full picture of how much its leadership earns relative to frontline workers remains largely invisible — meaning the accountability gaps here are structural, not just numerical.
Channeling Cash Into Electoral Politics
Nebraska Furniture Mart has no presence in the federal lobbying industry. Its Senate Lobbying Disclosure Act (LDA) filings — searched under its parent, Berkshire Hathaway Inc, as the registered client — show zero dollars in lobbying fees, no registered lobbyists, no outside firms, and no federal agencies or congressional offices contacted on the company’s behalf across the two-year period. Zero issue areas filed.
What the record does show is a PAC that deployed money in every single quarter across the full two-year span. The PAC distributed $366,500 in total, with Q2 2026 emerging as the heaviest single quarter at $98,000 — nearly triple what the PAC spent in Q1 2026. Q2 2025 followed at $84,500, Q4 2025 at $68,000, and Q3 2024 at $64,500. This is not a company that tested the electoral waters and withdrew — it maintained a consistent presence for the entire period. No source filing currently in the public record names which specific candidates or committees received the money.
On top of that, employees who listed Nebraska Furniture Mart as their employer reported $12,577 in personal campaign contributions across FEC filings — spread across seven quarters. These are private citizens exercising their own rights, not a corporate spending instrument — but combined with the PAC, the company’s total political footprint across the period reaches roughly $379,000.
For a subsidiary of Berkshire Hathaway — a conglomerate with holdings in insurance, railroads, energy, and banking — the absence of a dedicated federal lobbying operation at the Nebraska Furniture Mart level remains notable. Whatever Washington-facing work happens on behalf of this business in those policy arenas, it happens, if at all, at the parent level. The PAC, however, makes clear that Nebraska Furniture Mart is not indifferent to electoral outcomes.
An Undisclosed Pay Gap
Nebraska Furniture Mart is a privately held company. It is not required to file proxy statements with the Securities and Exchange Commission, which means it publishes no CEO salary, no median worker earnings, and no pay ratio of its own. The best available figure is 24:1, based on AFL-CIO Executive Paywatch industry benchmarks for comparable companies in this sector, per AFL-CIO Executive Paywatch. That estimate is a benchmark drawn from peers, not a figure Nebraska Furniture Mart has disclosed — and the private structure means the actual gap could be wider or narrower without any public obligation to say so.
No stock buyback or dividend data is recorded for Nebraska Furniture Mart as a standalone entity. Because this is a private subsidiary, no shareholder return figures are publicly disclosed.
A Clean Record on the Public Docket
Nebraska Furniture Mart’s compliance record, as captured in the public data, is clean across the two-year tracking period. No regulatory fines, no workplace-safety penalties, and no civil or administrative violations appear on the record. No government grants, tax credits, or other public subsidies are recorded either. Nebraska Furniture Mart has neither drawn on public money nor incurred public penalties — a combination that distinguishes it from the majority of companies in this sector and across the broader database.