In fiscal year 2025, Iowa State University (ISU)'s Swimming and Diving program reported $271K in revenue and $1.7M in expenses, for a net deficit of $1.4M. The largest revenue source was Other Operating Revenue at $183K. Among the 56 FBS programs reporting Swimming and Diving data, Iowa State University ranks 35th overall in total expenses (31st of 33 Power Four programs) — below the FBS average of $2.7M. Iowa State University competes in the Big 12; financial data is available from FY2017 through FY2025.
| Category | Amount |
|---|---|
| Other Operating Revenue | $182,722 |
| Conference Distributions of Football Bowl Generated Revenue | $86,750 |
| Royalties, Licensing, Advertisement and Sponsorships | $1,500 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $591,077 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $369,936 |
| Student-Athlete Meals (non-travel) | $238,594 |
| Team Travel | $222,049 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $76,855 |
| Sports Equipment, Uniforms and Supplies | $55,222 |
| Recruiting | $38,760 |
| Other Operating Expenses | $28,544 |
| Facilities Maintenance and Operations | $21,521 |
| Medical Expenses and Insurance | $21,355 |
| Game Expenses | $5,611 |
| Direct Overhead and Administrative Expenses | $2,003 |
| Memberships and Dues | $1,591 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $270,972 | $1,673,118 | -$1.4M |
| FY2024 | $284,498 | $1,648,527 | -$1.4M |
| FY2023 | $415,024 | $1,515,042 | -$1.1M |
| FY2022 | $37,505 | $1,303,322 | -$1.3M |
| FY2021 | $356,311 | $1,015,712 | -$659K |
| FY2020 | $385,340 | $1,205,966 | -$821K |
The Big 12 program generated $271K in revenue in FY2025, with Other Operating Revenue accounting for the majority at $183K, while expenses reached $1.7M — led by Athletic Student Aid at $591K — resulting in a $1.4M deficit. At $1.7M in total expenses, Iowa State ranks 35th among 56 FBS programs and 31st out of 33 Power Four schools, spending well below the FBS average of $2.7M. Despite its relatively lean budget, program expenses have grown steadily every year since FY2021, rising from $1.0M to $1.7M over the five-year span.
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