James Madison University Golf Financial Data

NCAA Membership Financial Reporting System (MFRS) · Sun Belt · Data available: FY2010–FY2025

In fiscal year 2025, James Madison University's Golf program reported $95K in revenue and $1.5M in expenses, for a net deficit of $1.4M. Like most Group of Five Golf programs, James Madison University generates minimal direct revenue and is funded primarily through shared athletic department revenues. Among the 76 FBS programs reporting Golf data, James Madison University ranks 48th overall in total expenses (8th of 34 Group of Five programs) — below the FBS average of $2.0M. James Madison University competes in the Sun Belt; financial data is available from FY2010 through FY2025.

FY2025 Overview

Total Revenue
$94,980
Total Expenses
$1,521,853
Net
-$1,426,873

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FY2025 Revenue Sources

CategoryAmount
Contributions$89,417
Direct Institutional Support$4,563
Royalties, Licensing, Advertisement and Sponsorships$1,000

FY2025 Expense Breakdown

CategoryAmount
Athletic Student Aid$463,657
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$409,476
Team Travel$250,179
Facilities Maintenance and Operations$157,069
Sports Equipment, Uniforms and Supplies$64,022
Other Operating Expenses$52,347
Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities$48,221
Fund Raising, Marketing and Promotion$23,026
Recruiting$21,824
Memberships and Dues$12,385
Student-Athlete Meals (non-travel)$10,154
Game Expenses$8,024
Direct Overhead and Administrative Expenses$1,469
Data sourced from NCAA MFRS filings obtained via public records (FOIA) requests and official athletic department disclosures. Figures are as reported to the NCAA and may include institutional support, conference distributions, and other non-self-generated revenue. See the methodology page for full sourcing details.

Year-over-Year Trend

Fiscal YearRevenueExpensesNet
FY2025$94,980$1,521,853-$1.4M
FY2024$32,922$1,325,743-$1.3M
FY2023$9,885$1,282,693-$1.3M
FY2022$120,768$1,337,860-$1.2M
FY2021$18,759$993,476-$975K
FY2020$12,439$1,212,208-$1.2M

James Madison University Golf — Financial Context

The golf program generated just $95K in revenue in FY2025, with $89K of that coming from contributions, leaving it with a $1.4M deficit against $1.5M in expenses. Athletic student aid represented the program's single largest cost at $464K, reflecting a meaningful scholarship commitment to the roster. Spending has climbed notably in recent years, rising from a consistent $1.3M range between FY2022 and FY2024 to $1.5M in FY2025, though the program still ranks 48th among 76 FBS programs in golf expenses and remains below the FBS average of $2.0M.

Other Sports at James Madison University

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Frequently Asked Questions

What does James Madison University spend on Golf?
James Madison University Golf reported $1,521,853 in total expenses in FY2025. The largest expense was Athletic Student Aid at $463,657.
How does James Madison University Golf spending compare to other FBS programs?
Among the 76 FBS programs reporting Golf data, James Madison University ranks 48th overall in total expenses (8th of 34 Group of Five programs) — below the FBS average of $2.0M.
How is James Madison University Golf funded?
Like most Group of Five Golf programs, James Madison University funds Golf primarily through shared athletic department revenues, which flow from football and basketball at most FBS institutions.