David Korn, writing for Mother Jones, asserts that No Labels ought to be revealing its donors. He says that the basis for No Labels’ refusal to disclose its donors so far is because No Labels claims it is not a political party. Korn then mentions that No Labels is a ballot-qualified party in several states.
The real reason No Labels need not reveal its donors so far is because it has never had any candidates. The U.S. Court of Appeals, D.C. Circuit, ruled in Unity ’08 v FEC, 596 F.3d 861 (2010), that a similar group, Unity ’08, need not reveal its donors, even though it was working to qualify for the ballot as a party, because “Unity08’s proposed method of generating nominees was such that neither dnoors nor candidates would know at the time of the donations which candidate would ultimately benefit from the group’s convention.”