Crowley and Tiffany lead fundraising in governor’s race

There are about 11 months until the primary, which is scheduled for August 11.

Crowley leads Democratic field

Crowley, who launched his campaign in September, has raised $800,949, including $789,281 in donations and $11,666 in in-kind contributions. About $138,000 was transferred to his governor’s campaign from his county executive campaign committee account.

According to his campaign finance report, he spent $187,529 and finished the period with $602,181 cash on hand. Seven contributors gave the maximum $20,000 donation allowed in the governor’s race, including executive of the Milwaukee Bucks Alex Lasry.

“People across Wisconsin are feeling the financial squeeze, and they want a governor who knows how to get things done,” Crowley said in a statement. He said the support is providing him “the resources to build a serious, statewide operation focused on delivering results for working families.”

Lt. Gov. Sara Rodriguez, who launched her campaign in July becoming the first Democratic candidate in the race, raised $618,284 in donations and $2,034 in in-kind contributions. She spent $174,894 and ended the period with $603,075.

The Democratic Lt. Governors Association pledged in October to invest $2 million in independent expenditures in 2026 to support Rodriguez’s campaign. She listed a $86,000 contribution from the PAC.

Former Department of Administration Sec. Joel Brennan, the latest candidate to launch a campaign, reported raising $566,212 in donations and $1,610 in in-kind contributions. He spent $13,873 and reported having $552,339 on hand at the end of the period.

Former Lt. Gov. Mandela Barnes raised $555,647 since launching his campaign on Dec. 2 from 3,790 donations. He spent $88,265 and ended the period with $471,471. Shortly after launching his campaign, Barnes said his fundraising goal is $50 million over the course of his campaign.

According to his campaign finance report, he received donations of the maximum $20,000 from megadonors George and Alexander Soros.

Former Wisconsin Economic Development Corporation CEO Missy Hughes reported raising $465,403 and $13,681 in in-kind donations. She spent $63,059 and ended the period with $402,344 on hand.

State Rep. Francesca Hong (D-Madison), a Democratic socialist, raised $368,685 in donations and $1,188 from in-kind contributions, though she also spent a majority of the funds during the period. According to her report, Hong spent $234,782 during the period and ended it with $134,588 on hand.

Hong’s fundraising came from over 7,300 donors. According to her campaign, the average donation was $49.96 and about 75% of the total dollars raised came from donors in Wisconsin.

State Sen. Kelda Roys (D-Madison) raised $355,455 in donations and $23,132 from in-kind contributions during the period. According to her report, she spent $84,930 and reported having $334,032 on hand.

Roys reported four donations of the maximum $20,000, including from her husband and Peter Gunder, a former executive at American Family Insurance, and his wife.

In a statement, Roys’ campaign said that about 82% of the donations to her campaign came from Wisconsin residents and that she isn’t accepting corporate donations.

“Kelda’s campaign is funded by grassroots donors from every corner of the state. With our disciplined financial management and a committed Wisconsin donor base that is growing every day, Kelda will have the resources necessary to win the primary on August 11,” Roys’ campaign manager Jasper Bernstein said in a statement.

Tiffany leads Schoemann in fundraising

Tiffany, who launched his campaign in September, led the field of GOP candidates, reported over $2 million raised — raising the most of any candidate in the Democratic or Republican field. The Republican primary field is much smaller than the Democratic field with only two candidates.

According to his campaign finance report, Tiffany raised $2,122,489 in donations and also received $3,808 in in-kind contributions. He spent $438,160 and ended the period with $1,695,038 on-hand.

Tiffany also received $20,000 each from Republican megadonors Diane Hendricks, Dick Uihlein and Liz Uihlein.

The largest donation Tiffany reported was $86,000 from the Wisconsin Federation of College Republicans. Wisconsin state law allows for unlimited donations from political parties to candidates.The College Republicans, who boasted raising over $1 million, had received $500,000 from the Uihleins.

Washington County Executive Josh Schoemann, who launched his campaign in early May, reported raising nearly $1 million over the course of the year.

During the reporting period from July to December, he brought in $535,650 in donations and $3,649 in in-kind donations. He spent $381,394 during the period and ended it with $492,495 in-hand.