In fiscal year 2024, Florida International University (FIU)'s Soccer program reported $388K in revenue and $2.3M in expenses, for a net deficit of $1.9M. The largest revenue source was Indirect Institutional Support at $279K. Among the 78 FBS programs reporting Soccer data, Florida International University ranks 46th overall in total expenses (11th of 36 Group of Five programs) — below the FBS average of $2.9M. Florida International University competes in the C-USA; financial data is available from FY2010 through FY2024.
| Category | Amount |
|---|---|
| Indirect Institutional Support | $279,181 |
| Direct Institutional Support | $52,458 |
| In-Kind | $20,725 |
| Guarantees | $13,500 |
| Contributions | $12,404 |
| Ticket Sales | $9,656 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $803,511 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $646,184 |
| Indirect Institutional Support | $279,181 |
| Team Travel | $225,042 |
| Sports Equipment, Uniforms and Supplies | $83,388 |
| Game Expenses | $68,262 |
| Other Operating Expenses | $33,393 |
| Medical Expenses and Insurance | $31,444 |
| Direct Overhead and Administrative Expenses | $26,501 |
| Guarantees | $22,500 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $16,345 |
| Memberships and Dues | $11,509 |
| Recruiting | $7,410 |
| Student-Athlete Meals (non-travel) | $6,347 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2024 | $387,924 | $2,261,017 | -$1.9M |
| FY2023 | $517,112 | $2,153,617 | -$1.6M |
| FY2022 | $106,239 | $1,992,598 | -$1.9M |
| FY2021 | $102,907 | $1,218,274 | -$1.1M |
| FY2020 | $64,274 | $1,275,866 | -$1.2M |
| FY2019 | $445,652 | $1,265,498 | -$820K |
The soccer program generated $388K in total revenue in FY2024, with $279K of that coming from indirect institutional support rather than external or earned sources, underscoring the program's dependence on university backing. Against $2.3M in expenses — led by $804K in athletic student aid — the program ran a $1.9M deficit in FY2024. Spending has risen steadily from $1.3M in FY2019 to $2.3M in FY2024, though it remains below the FBS average of $2.9M, ranking 46th out of 78 FBS programs in soccer expenditures.
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