In fiscal year 2025, James Madison University's Volleyball program reported $23K in revenue and $1.4M in expenses, for a net deficit of $1.4M. Like most Group of Five Volleyball programs, James Madison University generates minimal direct revenue and is funded primarily through shared athletic department revenues. Among the 76 FBS programs reporting Volleyball data, James Madison University ranks 55th overall in total expenses (14th of 35 Group of Five programs) — below the FBS average of $2.4M. James Madison University competes in the Sun Belt; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Guarantees | $11,000 |
| Contributions | $8,153 |
| Direct Institutional Support | $3,691 |
| Royalties, Licensing, Advertisement and Sponsorships | $516 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $507,257 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $361,278 |
| Facilities Maintenance and Operations | $174,048 |
| Team Travel | $138,751 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $89,026 |
| Recruiting | $36,919 |
| Game Expenses | $36,149 |
| Sports Equipment, Uniforms and Supplies | $28,376 |
| Fund Raising, Marketing and Promotion | $14,447 |
| Student-Athlete Meals (non-travel) | $11,600 |
| Guarantees | $9,974 |
| Medical Expenses and Insurance | $4,878 |
| Other Operating Expenses | $1,790 |
| Memberships and Dues | $1,315 |
| Direct Overhead and Administrative Expenses | $223 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $23,360 | $1,416,031 | -$1.4M |
| FY2024 | $48,686 | $1,420,558 | -$1.4M |
| FY2023 | $25,868 | $1,234,087 | -$1.2M |
| FY2022 | $12,862 | $1,036,490 | -$1.0M |
| FY2021 | $8,929 | $940,252 | -$931K |
| FY2020 | $30,796 | $994,530 | -$964K |
The volleyball program generated just $23K in revenue in FY2025, with guarantees — typically payments received for scheduling road matches against larger programs — accounting for nearly half of that at $11K, resulting in a deficit of approximately $1.4M. Expenses have grown steadily from $995K in FY2020 to $1.4M in FY2025, with athletic student aid representing the single largest cost at $507K, or roughly 36% of total spending. At $1.4M in total expenses, the program spends below the FBS average of $2.4M, ranking 55th out of 76 FBS volleyball programs and 15th among the
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