In fiscal year 2025, James Madison University's Swimming and Diving program reported $27K in revenue and $1.3M in expenses, for a net deficit of $1.2M. Like most Group of Five Swimming and Diving programs, James Madison University generates minimal direct revenue and is funded primarily through shared athletic department revenues. Among the 56 FBS programs reporting Swimming and Diving data, James Madison University ranks 41st overall in total expenses (10th of 23 Group of Five programs) — below the FBS average of $2.7M. James Madison University competes in the Sun Belt; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Contributions | $15,097 |
| Direct Institutional Support | $8,759 |
| In-Kind | $3,000 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $558,838 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $317,157 |
| Team Travel | $158,145 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $122,425 |
| Sports Equipment, Uniforms and Supplies | $40,900 |
| Student-Athlete Meals (non-travel) | $37,537 |
| Recruiting | $13,728 |
| Direct Overhead and Administrative Expenses | $8,014 |
| Facilities Maintenance and Operations | $6,574 |
| Fund Raising, Marketing and Promotion | $5,811 |
| Other Operating Expenses | $2,868 |
| Medical Expenses and Insurance | $1,296 |
| Memberships and Dues | $525 |
| Game Expenses | $200 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $26,856 | $1,274,018 | -$1.2M |
| FY2024 | $13,068 | $1,197,956 | -$1.2M |
| FY2023 | $18,809 | $1,325,636 | -$1.3M |
| FY2022 | $14,300 | $1,041,205 | -$1.0M |
| FY2021 | $20,348 | $989,126 | -$969K |
| FY2020 | $34,760 | $1,036,635 | -$1.0M |
The Swimming and Diving program generated just $27K in FY2025 revenue, with contributions accounting for the majority at $15K, while expenses reached $1.3M — resulting in a $1.2M deficit. Athletic student aid was the program's single largest cost at $559K, representing roughly 43% of total expenses. At $1.3M in total spending, the program ranks 41st among 56 FBS schools and sits well below the FBS average of $2.7M, with costs that have remained relatively stable since FY2020.
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